Sold for:Sold Jan 22, 2025
$730,000

Unit 1008, 12 Gandhi Lane

Markham (Commerce Valley), ON L3T 0G8

Condo Apartment SoldNot available
Pavilia Towers Condos exteriorPavilia Towers Condos36 storeys, 768 suites, built 2023
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for Unit 1008, 12 Gandhi Lane, Markham, Commerce Valley

2024-11-22
2025-01-22
Sold
Price
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MLS#
n10477070

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 1008, 12 Gandhi Lane, Markham, Commerce Valley

Welcome to this stunning 1+Den unit, offering modern living with breathtaking, unobstructed views! Located in a highly sought-after, ultra-convenient neighborhood, this brand-new building provides easy access to everything you need! 404/407/Hwy 7, top ranking schools, restaurants, shops, public transit, and many more, all just steps away. This building features a consistently high rental rate( currently apprx $2700) due to it's wide range of top-tier amenities including impressive fitness center, a stylish lounge area, a sparkling indoor pool, and 24 hr concierge service and also it's location advantages. The bright and spacious interior features an open-concept living area with 9ft ceiling and huge windows, allowing natural light to flood the space and maximize the stunning views. The versatile den offers the perfect spot for a kid's bedroom or home office, guest room, or additional storage. The sleek kitchen boasts high-end B/I appliances, elegant cabinetry, and plenty of counter space, making it a chefs dream. The primary bedroom offers a peaceful retreat, while the 2 separate well-appointed bathroom features modern fixtures and finishes. Don't miss out on this incredible opportunity!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,116
Land Transfer Tax Fee
$11,075

Condo/Maintenance Fee

Maintenance Fee
$332 /month

Included In Maintenance Fee

  • Heat Included
  • CAC Included
  • Common Elements Included
  • Building Insurance Included
  • Parking Included

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Ensuite
Interior Extras
Carpet Free
View
Trees/Woods, Clear
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
Open

Building Amenities

  • Concierge
  • Exercise Room
  • Guest Suites
  • Indoor Pool
  • Recreation Room
  • Visitor Parking

Building

Building Type
Condo Apartment
Building Style
Apartment
Approx Age
0-5
Condo Corp Number
1516

Construction

Exposure
West
Exterior Finish
Aluminum Siding, Metal/Steel Siding
Special Designation
Unknown

Inclusions

Inclusions
all ELFs and window coverings, B/I fridge, cook top, Oven, Dishwasher, rangehood, microwave, stack washer and dryer

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
Owned
Locker Level
1

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
1 + 1
Washrooms
2
Kitchens
1

Room sizes

  • Living Room—
    Flat level, W/O To Balcony, Laminate
  • Dining Room—
    Flat level, Combined w/Kitchen, Open Concept, Laminate
  • Kitchen—
    Flat level, Combined w/Dining, Modern Kitchen, Backsplash
  • Bedroom—
    Flat level, Mirrored Closet, Laminate, Large Window
  • Den—
    Flat level, Sliding Doors, Laminate

Washrooms

  • 3-piece, Flat
  • 2-piece, Flat

Municipality
Markham
Neighbourhood
Commerce Valley
Main cross streets
Bayview & Highway 7

MLS® number
N10477070
Data source
Toronto Regional Real Estate Board
Status change
2025-01-22
Listed on
2024-11-22
Days on market
61 days
Possession date
2024-11-23
Possession type
November 23, 2024
Co-op commission
2.25%
Seller
Listed by
RE/MAX EXCEL REALTY LTD.

Home Market Value

Current home valuation for Unit 1008, 12 Gandhi Lane, Markham, Commerce Valley, Markham, ON. Listed for $730,000

HOMEH Estimate

?

$557,776

Estimated Sales Range

?

$490,843 - $624,709

HOMEH Estimate for Unit 1008, 12 Gandhi Lane, Markham, Commerce Valley

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$557,776High confidence
Based on 15 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

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Markham, ON
Minimum Down Payment Required:6.6%

5% on first $500K + 10% on $230,000 over $500K

Minimum down payment

$48,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
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$27,273$20,367$17,374$0
=Total mortgage
$709,093$677,367$637,874$584,000
Amortization
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Payment frequency
=Mortgage payment
$3,462monthly$3,307monthly$3,114monthly$2,851monthly
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Land Transfer Tax

Provincial

$11,075

Total Land Transfer Tax

$11,075

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