130 Pond Drive, Unit 7, Markham, ON
Property no longer active
This property was sold on February 13, 2025. 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 $485,000 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 500-599 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Location, Location, Location! 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 South Facing unit offers plenty of natural light, serenity and a beautiful view. The stylish Updated Kitchen features Modern Kitchen Cabinet Doors, Stainless Steel Appliances, a Quartz Kitchen Counter and Pot Lights. Laminate flooring throughout the Living/Dining & Bedroom. Easy access to transit options, including Viva/Go, major highways such as Hwy 7, 404, And 407. Just Steps away from Shops, Popular Restaurants, Major Corporate Offices, a Pond and Parks. 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. **EXTRAS** Parking Spot Near The Elevator
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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 550 days. This property is listed at $485,000 with an estimated mortgage of $1,614* per month. It has 1 bed, 1 bathroom, and is 500-599 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.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Lake/Pond, Park, Public Transit, School
Interior Features
Other
Security Features
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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 130 Pond Drive 808, Markham, ON L3T 7W5
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 $485,000 in Markham, the legal minimum down payment is $24,250 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 $6,175 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 $6,175.
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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.