Year Built
2001
Mid-Rise Condo
Derby Tower Condos
by Times Group Corporation
130 Pond Drive, Markham, ON L3T 7W5
Total Units
118
Storeys
11
Available Units in Derby Tower Condos
1
Unit for sale
From $638,000
0
Units for rent
Live MLS · Updated daily
Overview
Anyone who’s seeking a Markham condo for sale should consider Derby Tower Condos at 130 Pond Drive. Times Group Corporation completed this building back in 2001, but unlike other buildings of that age, maintenance fees are on the higher end at $0.92 per-square-foot. The 11-storey building is home to 118 suites with units ranging between 452 and 1800 square feet.
This condo has a low demand ranking per Strata.ca analytics and a Walk Score of 78. Maintenance fees at 130 Pond Drive are $0.92 per-square-foot, which is notably higher than the city average of about $0.67.
Developer
Times Group Corporation
Year Built
2001
Property Type
Mid-Rise Condo
Storeys
11
Total Units
118
Management
Times Property Management
Amenities
Rec Room
Security System
Fitness Centre
Sauna
Visitor Parking
Party Room
24/7 Concierge
Price History
37 recordsLoading history…
Market Stats
Prices in Derby Tower Condos are down 39.6% compared to last year.
—
Avg $/sqft
-39.6%
YoY change
44
Avg days on market
Location & Walkability
Walk Score
78/100
Daily errands on foot
Transit Score
49/100
TTC, GO, subway access
Bike Score
72/100
Bike lanes & infrastructure
Neighbourhood in Markham
Commerce Valley
family-friendly suburban diverse
Commerce Valley is a neighbourhood in Markham, Ontario. It offers a mix of residential living with access to various amenities.
Median home price is $626,500 Median rent price is $2,950 High school rating is 8.9 Diverse community with 68.1% immigrants Many parks and restaurants available
At a glance
Day to dayLivability
8.9
Schools near listings
out of 10 · averaged over 1,620 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$626,500
42% below Markham 13% below Ontario
In Commerce Valley
$626,500
In Markham
$1,088,000
In Ontario
$717,000
Median monthly rent
$2,950/mo
19% above Markham 18% above Ontario
In Commerce Valley
$2,950
In Markham
$2,485
In Ontario
$2,500
≈ 17.7 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
54
Median $626,500
Condos 53 · Houses 1
For rent
30
Median $2,950
Recently sold
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Recently leased
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Market data as of 2026-10-10. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Good schools with high ratings
- Family-friendly with parks and playgrounds
- Strong community with diverse residents
- Majority of homes are owner-occupied
Keep in mind
- Limited grocery options
- Higher rental prices compared to the city median
The feel of the placeLifestyle
Residents enjoy a suburban lifestyle with access to parks and dining options. The area is suitable for families and professionals.
Great for families first-time buyers professionals
Within the boundaryWhat's nearby
The boundary
2.0 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
7
Parks
3
Playgrounds
12
Restaurants
5
Cafés
1
Pharmacies
Counted across all 2.0 km² of Commerce Valley. From OpenStreetMap, as of 2026-10-12.
The peopleWho lives here
6,069
Population (2021)
4.2 km²
Area
1,452
People per km²
42
Median age
$68,500
Median income
70%
Own their home
2
People per household
2,995
Households
Every age
- Children (under 15)10.0%
- Working age (15–64)68.5%
- Seniors (65+)21.6%
What is built here
- Semi-detached0.5%
- Townhouses22%
- Low-rise apartments2%
- High-rise apartments75.3%
Own or rent
70%Owners
30%Renters
Across 2,995 households
When it was built
Mostly 2001–2005
- 1960 or earlier0%
- 1961–19801%
- 1981–19902%
- 1991–200014%
- 2001–200528%
- 2006–201023%
- 2011–201526%
- 2016–20217%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 68.1%
- Born outside Canada
- 45.3%
- Hold a degree or higher
- 52.9%
- Employment rate
- 6.2%
- Commute by transit
- 86.6%
- Commute by car
- 1.3
- Children per family
- $60,400
- Median income after tax
- $82,100
- Average household income
- 21.9%
- Living on a low income
- $1,940/mo
- Renters pay, per month
- $1,390/mo
- Owners pay, per month
- $600,000
- Median home value at census
- 51.2%
- Renters spending 30%+ of income on housing
- 41.4%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 1 census area inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry
