$859,000 - 12 Gandhi Lane Unit PH2, Markham
Condo for Sale in Markham
40 days on marketNeighbourhood: Commerce Valley
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- MLS Number
- N13721008
- Property Type
- Condo
- Status
- active
- Days on Site
- 40
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Markham
- Taxes (2026)
- $3,051
- Maintenance Fees
- $518/mo
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX ATRIUM HOME REALTY
Experience elevated living in this stunning penthouse suite at the highly sought-after Pavilia Towers by Times Group. Offering approximately 1,130 sq. ft. of combined indoor and outdoor living space, including 978 sq. ft. of interior space and a 152 sq. ft. wrap-around balcony, this bright and spacious residence features soaring 10-foot ceilings, 2 bedrooms, a versatile den that can be used as a third bedroom or private office, and 2 bathrooms. Includes 1 parking space and 1 locker. Floor-to-ceiling windows fill the open-concept living and dining areas with an abundance of natural light, while the expansive wrap-around balcony offers breathtaking, unobstructed panoramic views. The modern kitchen features built-in stainless steel appliances, upgraded quartz countertops, and premium cabinetry. The primary bedroom boasts a large closet, an upgraded 3-piece ensuite, and direct access to the balcony.Ideally located just steps from Viva Transit and minutes from Highways 404 and 407, shopping centres, restaurants, top-rated schools, and the future T&T Supermarket. Residents enjoy an exceptional array of amenities, including 24-hour concierge service, indoor pool, fitness centre, library lounge, yoga studio, party room, guest suite, BBQ terrace, and visitor parking. A rare opportunity to enjoy luxury, comfort, and convenience in one of the area's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$4,407.12/mo
Includes CMHC insurance ($23,966)
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 PH2, Markham
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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 $954/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 40 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. The $518/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 900 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.