$668,000 - 38 Gandhi Lane Unit 612, Markham
Condo for Sale in Markham
41 days on marketNeighbourhood: Commerce Valley
- MLS Number
- N13561722
- Property Type
- Condo
- Status
- active
- Days on Site
- 41
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- EXP REALTY
Welcome to Suite 612 at Pavilia Towers, a beautifully presented 835 sq. ft. corner residence blending sophisticated design, refined finishes and effortless comfort in the heart of Commerce Valley. This bright and airy two-bedroom, two-bathroom suite features expansive windows, northwest exposure and open city views, filling the thoughtfully designed open-concept living and dining areas with impressive natural light. Engineered vinyl flooring throughout the principal living areas creates a clean sense of contemporary elegance. The designer-inspired kitchen is stylishly appointed with elegant engineered quartz countertops, a sleek backsplash, modern cabinetry, generous storage and quality Jenn-Air and Fisher & Paykel appliances. The inviting living space opens to a private balcony, extending the living area outdoors. The well-proportioned primary bedroom offers a comfortable retreat with a walk-in closet and private three-piece ensuite, while the second bedroom features a large window and built-in closet, providing flexible space for family, guests or a home office. Additional conveniences include ensuite Whirlpool laundry, one owned underground parking space and one owned locker. Residents enjoy resort-inspired amenities, including concierge service, an indoor pool, fitness centre, guest suites, rooftop deck and garden, and visitor parking. Ideally situated near Bayview Avenue and Highway 7, just minutes from public transit, shopping, dining, parks, schools, community facilities and Highways 404 and 407.
Estimate your monthly payments for this property
Estimated Payment
$3,427.19/mo
Includes CMHC insurance ($18,637)
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.
38 Gandhi Lane Unit 612, 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 $835/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 41 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 800 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 $2,783 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.