$548,800 - 12 Gandhi Lane Unit 2701, Markham
Condo for Sale in Markham
Neighbourhood: Commerce Valley
- MLS Number
- N13474416
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- KELLER WILLIAMS REALTY CENTRES
Welcome To Pavilia Towers By Times Group - A Highly Sought-After Condo On Highway 7 In Thornhill (Between Leslie & Bayview). Bright, Spacious And Move-In Ready 1 Bedroom +1 Den With 2 Bathrooms, Recently Professionally Painted, 9' Ceilings And Large Windows. Functional Open-Concept Layout With Modern Kitchen Featuring High-End Built-In Appliances, Quartz Countertops And Tiled Backsplash. Great-Sized Den With Frosted Sliding Glass Door Ideal As A Home Office Or Second Bedroom; Primary Bedroom With Semi Ensuite. Extra Large Laundry Room For Extra Storage. Walk-Out From The Living Area To A Private Balcony With Clear Views No Obstruction. Premium Building Amenities Include An Impressive Fitness Centre, Stylish Lounge, Indoor Pool And 24-Hr Concierge. Ultra-Convenient Transit And Commuting: VIVA At Your Doorstep, Close To Langstaff GO And Richmond Hill Centre Bus Terminal, Only 3 Minutes To Hwy 407 And 5 Minutes To Hwy 404. Shopping And Dining Nearby - Walmart, Canadian Tire, Loblaws, Best Buy, Home Depot, PetSmart And Popular Plazas Like Golden Plaza, Jubilee Square, Commerce Gate And Times Square. Walking Distance To The Future TNT Supermarket. A PERFECT Blend Of Location, Lifestyle And Value. Locker and Parking Included.
Estimate your monthly payments for this property
Estimated Payment
$2,815.63/mo
Includes CMHC insurance ($15,312)
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 2701, 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 $915/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 15 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 $2,287 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.