12 Gandhi Lane, Unit 05, Markham, ON

$888,800
MLS#:N12110512
3 beds
2 baths
900-999 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Commerce Valley. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $888,800 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 900-999 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Built-In Oven, Primary Bedroom - Main Floor, Countertop Range
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to Unit #2906 at 12 Gandhi Lane in the prestigious Pavilia Towers by Times Group. Located in the prime location on Highway 7 between Leslie St and Bayview Ave, this luxurious Southeast facing corner unit is 908 sqft, offers 9' ceiling, 2 spacious bedrooms, 1 den, 2 modern bathrooms, a locker, and 2 parking spots. The 245 sqft wrap-around balcony provides ample outdoor space, breathtaking and unobstructed view of the CN Tower and Toronto skyline. Modern versatile kitchen upgraded with high-end smart appliances, extended upper cabinets, under-cabinet lighting, quartz countertop and backsplash. Enjoy a wealth of amenities including a gym, an indoor swimming pool, rooftop terrace with BBQ, cards and games room, kids playroom, library, multipurpose room, billiard and ping pong room. Walking distance to Parks, off-leash dog park, array of restaurants, grocery stores, and transit options such as the Viva Purple Line, GO train Langstaff station and Richmond Hill Centre Bus Station, this residence offers unparalleled convenience and luxury.

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Property Summary

This condo apartment located at 12 Gandhi Lane, Markham is currently for sale and has been available on SousaSells for 440 days. This property is listed at $888,800 with an estimated mortgage of $2,958* per month. It has 3 beds, 2 bathrooms, and is 900-999 square feet. 12 Gandhi Lane, Markham is in the Commerce Valley neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 22, 2025
Sold price information is available to members only
Listed Date4/29/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionAluminum Siding
BasementNone
CountyYork
Annual Tax$2,865

Parking & Garage

Parking Spaces2.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Park, School, Public Transit, Place Of Worship, Ravine

Interior Features

Built-In Oven, Primary Bedroom - Main Floor, Countertop Range, Separate Heating Controls

Security Features

Smoke Detector, Concierge/Security, Alarm System, Carbon Monoxide Detectors, Monitored, Security System, Security Guard

Community Features

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Location

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12 Gandhi Lane, Unit 05, 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 12 Gandhi Lane 2906, Markham, ON L3T 0G8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$266,640 (30.0%)
* Minimum Canadian down payment required for this price is $63,880.
Amortization Period30 Years
Estimated Monthly Payment$2,958Based on a loan of $622,160 over 30 years.
Purchase Price$888,800
Loan Amount$622,160
Provincial Land Transfer Tax:$14,251
Total Estimated Closing Taxes:$14,251

About Purchasing a Home in Markham, ON

For a property listed at $888,800 in Markham, the legal minimum down payment is $63,880 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 $14,251 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 $14,251.

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City & 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$785,544

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%

Local Schools Guide

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

Homes & Housing

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.