| Common Elements Included | |
| Building Insurance Included | |
| Parking Included |
Listed 7 days ago
2708 - 12 Gandhi Lane
Commerce Valley, Markham
$639,000
Condo Apartment |
1 + 1 | 2 | 1 | 1
About this home
Absolutely Stunning One + Den Condo Located In High Demand Location, Open Concept Design With Excellent Layout and Move-In Condition, Den With Sliding Door Can Be Used As 2nd Bedroom Or Office, 9' Ceiling High Floor With Natural Sun Light From South View, Can See CN Tower From The Private Balcony, Modern Kitchen With B/I Appliances, Quartz Counter Top And Back Splash, Laminate Floor Throughout, Frameless Glass Shower, 24 Hrs Concierge & Excellent Recreation Facilities, Close To School, Park, Public Transit, Go Train, Plaza, Restaurants, Banks And Hwy 7/404/407.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 0-5 |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $358 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,304 |
| mls© Number | N13672574 |
| Listed By | HOMELIFE BROADWAY REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,271
- Property tax
- $192
- Heat allowance
- $150
- Condo fees, half counted
- $179
- Housing costs
- $3,792 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $127,800
25-yr amortization
Income needed
$117,000
gross annual household income
- Payment at 4%
- $2,689 / mo
- Cash down
- $127,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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