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.
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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Park, Public Transit, School
Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 130 Pond Drive 303, Markham, ON L3T 7W5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.
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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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.