130 Pond Drive, Unit 3, Markham, ON

$390,000
MLS#:N13232862
1 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on July 30, 2026. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Commerce Valley. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $390,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Location, Location, Location! Welcome To The Derby Tower Offers Both Comfort And Convenience In Prime Commerce Valley Neighbourhood. Whether You are a First-Time Home Buyer Looking For A Starter Condo, A Downsizer or an Investor, this Bright 1 Bedroom 1 Bathroom Condo Offers Plenty Of Natural Light, Great Layout, Open Concept Kitchen, Laminate Flooring Throughout The Living & Dining Room & Bedroom. Condo Fee Includes Hydro, Water, AC, Heat, and a 24 Hour Concierge, EV Charging Station (Pay Per Use). The Building Offers Access To Recreation Amenities Including a Gym, Sauna, and Party Room. Steps To Times Square, Restaurants, Banks, Shops, Park. Mins To Hwy 404 & 407, Downtown Markham, Go Station, Convenient Location W/ All The Amenities You Need Nearby!

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Property Summary

This condo apartment located at 130 Pond Drive, Markham is currently for sale and has been available on SousaSells for 60 days. This property is listed at $390,000 with an estimated mortgage of $1,298* per month. It has 1 bed, 1 bathroom, and is 600-699 square feet. 130 Pond Drive, Markham is in the Commerce Valley neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Commerce Valley, Markham.

Great for Small Household / Couples
What We Love About This Home
  • 1 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 600-699 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Markham.

Target Buyer Match

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 29, 2026
Sold price information is available to members only
Listed Date6/3/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyYork
Annual Tax$1,754.79

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Park
  • Public Transit
  • School

Interior Features

  • Carpet Free

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 130 Pond Drive, Unit 3, Markham, ON

Q.What is the asking price for 130 Pond Drive, Unit 3, Markham, ON ?

The current listing price for 130 Pond Drive, Unit 3, Markham, ON in Commerce Valley, Markham is $390,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 1 bedroom and 1 bathroom across approximately 600-699 sqft.

Q.What property type and architectural style is 130 Pond Drive, Unit 3, Markham, ON ?

130 Pond Drive, Unit 3, Markham, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 130 Pond Drive, Unit 3, Markham, ON offer?

Key property features include: Park, Public Transit, School.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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130 Pond Drive, Unit 3, Markham, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 130 Pond Drive 303, Markham, ON L3T 7W5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

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Interest Rate4.00%
Down Payment$117,000 (30.0%)
* Minimum Canadian down payment required for this price is $19,500.
Amortization Period30 Years
Estimated Monthly Payment$1,298Based on a loan of $273,000 over 30 years.
Purchase Price$390,000
Loan Amount$273,000
Provincial Land Transfer Tax:$4,325
Total Estimated Closing Taxes:$4,325

About Purchasing a Home in Markham, ON

For a property listed at $390,000 in Markham, the legal minimum down payment is $19,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,325 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,325.

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Commerce Valley, Markham Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Commerce Valley, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$752,958

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Best Schools in Commerce Valley, Markham

Elementary Schools

Sainte-Marguerite-Bourgeoys
Public111 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C1
9.5
Buttonville
Public141 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C2
7.9
Ashton Meadows
PublicButtonville, Markham, Ontario
9.4
Lincoln Alexander
Public38 Hillmount Road, Buttonville, Markham, Ontario, L6C 2H4
9.0
Coledale
Public60 Coledale Road, Buttonville, Markham, Ontario, L3R 7W8
8.4

Secondary Schools

St. Augustine
Catholic2188 Rodick Road, Buttonville, Markham, Ontario, L6C 1S3
10.0

Commerce Valley, Markham Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.