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Listed 10 days ago

711 - 12 Gandhi Lane

Commerce Valley, Markham

$579,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Luxury 1+1 Suite at Pavilia Towers in the Heart of Markham! Bright and spacious west-facing unit offering beautiful, unobstructed sunset views. Open-concept layout featuring a modern kitchen with quartz countertops and built-in appliances. The spacious primary bedroom enjoys large windows and a peaceful western exposure. The enclosed den with a sliding door provides excellent flexibility as a second bedroom, guest room, or private home office.Enjoy an exceptional selection of amenities including an indoor pool, fully equipped gym, yoga studio, children's playroom, party room, guest suites, ample visitor parking, and 24-hour concierge service. Ideally located just steps to public transit, banks, restaurants, medical services and everyday conveniences. A new T&T Supermarket is also coming soon just steps away, adding even more convenience to this already desirable location. Just minutes to Times Square, Yonge & Hwy 7 shopping, GO Station, Hwy 404 and Hwy 407. A perfect combination of luxury, comfort, convenience and lifestyle in one of Markham's most desirable communities.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$355
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,319
mls© NumberN13659252
Listed ByREAL XPERTS REALTY INC.
Heat Included
Common Elements Included
Parking Included
CAC Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,964
Property tax
$193
Heat allowance
$150
Condo fees, half counted
$178
Housing costs
$3,484 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $115,800
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,437 / mo
Cash down
$115,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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