$600,000 - 12 Gandhi Lane Unit 1208, Markham
Condo for Sale in Markham
36 days on marketNeighbourhood: Commerce Valley
- MLS Number
- N13580518
- Property Type
- Condo
- Status
- active
- Days on Site
- 36
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- HOMELIFE NEW WORLD REALTY INC.
Welcome to Pavilia Towers by Times Group, a highly desirable condominium on Highway 7 in Thornhill, ideally located between Leslie Street and Bayview Avenue. This bright and spacious 1-bedroom plus den, 2-bathroom suite features 9' ceilings, large windows, and a functional open-concept layout. The modern kitchen is equipped with premium built-in appliances and quartz countertops. The versatile den with a frosted glass sliding door is ideal for a home office or guest room, while the primary bedroom offers semi-ensuite access. An oversized laundry room provides additional storage, and the private balcony enjoys clear, unobstructed views.Residents enjoy premium amenities including a fitness centre, indoor pool, stylish lounge, and 24-hour concierge. Conveniently located with VIVA transit at your doorstep, close to Langstaff GO Station and Richmond Hill Centre Terminal, and just minutes to Highways 407 and 404. Steps to Walmart, Loblaws, Canadian Tire, Best Buy, Home Depot, PetSmart, Golden Plaza, Jubilee Square, Commerce Gate, Times Square, and the future T&T Supermarket. Includes one parking space and one locker. A perfect blend of location, convenience, and modern living.
Estimate your monthly payments for this property
Estimated Payment
$3,078.31/mo
Includes CMHC insurance ($16,740)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Commerce Valley
Commerce Valley is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Commerce Valley
- •Convenient location in Markham
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Commerce Valley offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
12 Gandhi Lane Unit 1208, Markham
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1000/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 36 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Commerce Valley
I know Commerce Valley well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.