38 Gandhi Lane Unit 3605, Markham

Price: $1,689,999

3 bedrooms, 4 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N13120150

A Rare Opportunity To Own A Luxury Penthouse-Inspired Residence At Pavilia Towers, Showcasing An Exceptional And Generously Designed 1,344 Sq.Ft. Layout - A Truly Unique Offering In One Of Richmond Hill's Most Sought-After Boutique Communities.Wake Up To Panoramic South-Facing Views & Elevated Penthouse-Inspired Living At Pavilia Towers. A Rare Opportunity To Own An Exceptional 1,344 Sq.Ft. Residence Offering A Thoughtfully Designed, Generously Proportioned Layout In One Of The Area's Most Sought-After Boutique Communities. This Bright And Airy Suite Showcases Desirable South Exposure With Beautiful Natural Light Throughout The Day, Stunning Evening Views, And CN Tower Views In The Distance.Designed For Both Comfort And Functionality, The Spacious Interior Features Three Well-Appointed Bedrooms, Each With Its Own Ensuite Bathroom, Including A Luxurious Primary Retreat Complete With A Walk-In Closet And Private Balcony Access. Enjoy Seamless Indoor-Outdoor Living With A Generous 113 Sq.Ft. Balcony Plus An Additional 36 Sq.Ft. Balcony Off The Primary Bedroom - Perfect For Morning Coffee Or Evening Relaxation Above The City Skyline.Additional Highlights Include 2 Parking Spaces And 1 Locker. Residents Enjoy Premium Amenities Including An Indoor Pool, Fitness Centre, Party Room, Library, Rooftop Terrace With BBQ Area, Concierge, And More. Conveniently Located Steps To Viva Transit And Richmond Hill GO Station, With Quick Access To Highways 407 & 404. Surrounded By Restaurants, Shopping, Banks, Parks, And Everyday Conveniences. A Rare Blend Of Luxury, Space, Convenience & Lifestyle - Truly A Place To Call Home. Photos Are Virtually Staged For Illustration Purposes Only. Actual Unit May Be Better Than Images Shown.

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$1,689,999 - 38 Gandhi Lane Unit 3605, Markham

Condo for Sale in Markham

56 days on market

Neighbourhood: Commerce Valley

3Beds
4Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N13120150
Property Type
Condo
Status
active
Days on Site
56
Bedrooms
3
Bathrooms
4
Square Feet
1,200 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
BENCHMARK SIGNATURE REALTY INC.
Description

A Rare Opportunity To Own A Luxury Penthouse-Inspired Residence At Pavilia Towers, Showcasing An Exceptional And Generously Designed 1,344 Sq.Ft. Layout - A Truly Unique Offering In One Of Richmond Hill's Most Sought-After Boutique Communities.Wake Up To Panoramic South-Facing Views & Elevated Penthouse-Inspired Living At Pavilia Towers. A Rare Opportunity To Own An Exceptional 1,344 Sq.Ft. Residence Offering A Thoughtfully Designed, Generously Proportioned Layout In One Of The Area's Most Sought-After Boutique Communities. This Bright And Airy Suite Showcases Desirable South Exposure With Beautiful Natural Light Throughout The Day, Stunning Evening Views, And CN Tower Views In The Distance.Designed For Both Comfort And Functionality, The Spacious Interior Features Three Well-Appointed Bedrooms, Each With Its Own Ensuite Bathroom, Including A Luxurious Primary Retreat Complete With A Walk-In Closet And Private Balcony Access. Enjoy Seamless Indoor-Outdoor Living With A Generous 113 Sq.Ft. Balcony Plus An Additional 36 Sq.Ft. Balcony Off The Primary Bedroom - Perfect For Morning Coffee Or Evening Relaxation Above The City Skyline.Additional Highlights Include 2 Parking Spaces And 1 Locker. Residents Enjoy Premium Amenities Including An Indoor Pool, Fitness Centre, Party Room, Library, Rooftop Terrace With BBQ Area, Concierge, And More. Conveniently Located Steps To Viva Transit And Richmond Hill GO Station, With Quick Access To Highways 407 & 404. Surrounded By Restaurants, Shopping, Banks, Parks, And Everyday Conveniences. A Rare Blend Of Luxury, Space, Convenience & Lifestyle - Truly A Place To Call Home. Photos Are Virtually Staged For Illustration Purposes Only. Actual Unit May Be Better Than Images Shown.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,475.43/mo

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5-yr fixed avg.

Principal: $1,351,999Interest: $890,631
Mortgage Amount$1,351,999
Total Interest$890,631
Est. Property Tax$1,197/mo
Total Cost$2,242,630

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.

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Neighbourhood Guide: Commerce Valley

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

38 Gandhi Lane Unit 3605, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$1,197
Insurance (est.)-$352
Net Cash Flow+$591

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1408/sqft, this property is priced above the Markham average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 56 days on site, this property has exceeded the typical selling timeline for Markham. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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    38 Gandhi Lane Unit 3605, Markham | $1,689,999 | Battaglia Team