12 Gandhi Lane, Unit 1, Markham, ON
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 $998,000 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.
- 2 Bedrooms and 3 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 2.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Built-In Oven, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience modern living in this landmark condominium in the heart of Thornhill. This sun-filled and spacious unit features a highly functional layout with 1,103 SF of interior living space plus a 220 SF private terrace, soaring 10' ceilings, and breathtaking panoramic skyline views. Designed for both comfort and style, the home includes 2 bedrooms with ensuites, a sleek open-concept kitchen with quartz countertops, built-in appliances and cabinetry, and a stunning Swarovski lighting fixture. Enjoy unbeatable convenience with VIVA Transit at your doorstep and easy access to Highways 407 and 404. Surrounded by restaurants, banks, and shopping plazas, this prime location offers the best of urban living. Includes 1 parking and 1 locker. Additional parking available for $38,000 extra.
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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 287 days. This property is listed at $998,000 with an estimated mortgage of $3,322* per month. It has 2 beds, 3 bathrooms, and is 1000-1199 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Park, Public Transit, School
Interior Features
Built-In Oven, Carpet Free
Security Features
Concierge/Security
Community Features
Location
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 3801, Markham, ON L3T 0G8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Markham, ON
For a property listed at $998,000 in Markham, the legal minimum down payment is $74,800 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 $16,435 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 $16,435.
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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.