38 Gandhi Lane, Unit 18, Markham, ON

$688,000
MLS#:N12393148
2 beds
2 baths
600-699 sqft
1.0 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 concrete construction, this residence presents an exceptional opportunity offered at $688,000 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 2 Bathrooms
  • Generous living space spanning 600-699 sqft
  • Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
  • 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

Less than 2 Year New Pavilia Tower B Condo built by Renowned Award Winning Builder Times Group. Exquisite Blend of Modern Design, Luxury and Functionality, Spacious Open Concept 1 Bedroom + Den with Frosted Sliding Glass Door (can be used as a Guest Room / Office), 1X3 Piece and 1X2 Piece Washrooms with 1 Parking & 1 Locker *** Bright 670 square feet unit with 9' ceilings, Big Windows, Large Balcony, Unobstructed South View. *** This Unit Features a Modern Kitchen Backsplash & Integrated Stainless Steel Appliances, Ensuite Laundry, A Smart & Energy Efficient Building. *** Electrical Light Fixture, Fridge, Stove, B/I Dishwasher, Microwave, Washer, Dryer, Existing Window Covering, 1 Underground Parking Spot Level C #73 & Locker Level 1 #65 *** Building Amenities: 24 Hours Concierge, Fully-equipped Fitness Center, Indoor / Outdoor Pool, Billiards, Ping Pong, Party Room, Library, Children's Playroom, Yoga Studio, Landscaped BBQ Terrace, Underground Visitor Parking. *** Prime Location: NEW T&T Supermarket will be opening Right Beside Condo Building (Super Convenience), Prime Hwy 7 & Bayview Location, Viva Transit (York University line) at your doorstep, Close to Langstaff Go Station And Richmond Hill Centre Bus Station. Minutes to Hwy 407/404, Steps to Parks, Nearby Restaurants, Banks, Clinic, *** Shopping Centre: (Golden plaza, Commerce Gate and Times Square), Walmart, Canadian Tire, Loblaws, Best Buy, Petsmart, Home Depot. *** Community Parks (Soccer, Tennis, Basketball, Water Park, Dog Park), and Trails! *** Top Rated Elementary and High School in the Province

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Property Summary

This condo apartment located at 38 Gandhi Lane, Markham is currently for sale and has been available on SousaSells for 309 days. This property is listed at $688,000 with an estimated mortgage of $2,290* per month. It has 2 beds, 2 bathrooms, and is 600-699 square feet. 38 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
2
Bathrooms
2
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 23, 2025
Sold price information is available to members only
Listed Date9/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementOther
CountyYork
Annual Tax$2,171

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park

Interior Features

Other

Security Features

Concierge/Security

Community Features

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Location

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38 Gandhi Lane, Unit 18, 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 38 Gandhi Lane 3307, Markham, ON L3T 0G9

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$206,400 (30.0%)
* Minimum Canadian down payment required for this price is $43,800.
Amortization Period30 Years
Estimated Monthly Payment$2,290Based on a loan of $481,600 over 30 years.
Purchase Price$688,000
Loan Amount$481,600
Provincial Land Transfer Tax:$10,235
Total Estimated Closing Taxes:$10,235

About Purchasing a Home in Markham, ON

For a property listed at $688,000 in Markham, the legal minimum down payment is $43,800 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 $10,235 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 $10,235.

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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$785,184

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.