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Listed 17 days ago

1208 - 12 Gandhi Lane

Commerce Valley, Markham

$600,000

Condo Apartment |
1 + 1 | 2 | 1 | 1
About this home

Welcome to Pavilia Towers by Times Group, a highly desirable condominium on Highway 7 in Thornhill, ideally located between Leslie Street and Bayview Avenue. This bright and spacious 1-bedroom plus den, 2-bathroom suite features 9' ceilings, large windows, and a functional open-concept layout. The modern kitchen is equipped with premium built-in appliances and quartz countertops. The versatile den with a frosted glass sliding door is ideal for a home office or guest room, while the primary bedroom offers semi-ensuite access. An oversized laundry room provides additional storage, and the private balcony enjoys clear, unobstructed views.Residents enjoy premium amenities including a fitness centre, indoor pool, stylish lounge, and 24-hour concierge. Conveniently located with VIVA transit at your doorstep, close to Langstaff GO Station and Richmond Hill Centre Terminal, and just minutes to Highways 407 and 404. Steps to Walmart, Loblaws, Canadian Tire, Best Buy, Home Depot, PetSmart, Golden Plaza, Jubilee Square, Commerce Gate, Times Square, and the future T&T Supermarket. Includes one parking space and one locker. A perfect blend of location, convenience, and modern living.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$358
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,233
mls© NumberN13580518
Listed ByHOMELIFE NEW WORLD REALTY INC.
Heat Included
CAC Included
Building Insurance Included
Parking Included
Condo Taxes Included

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,071
Property tax
$186
Heat allowance
$150
Condo fees, half counted
$179
Housing costs
$3,586 / mo

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

Down payment20% · $120,000
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,525 / mo
Cash down
$120,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

Commerce Valley
Condo apartment · May – July 2026
Cold

For condo apartment listings, Commerce Valley is currently a strong buyer's market — patience and negotiation currently favour buyers. Over May – July 2026, homes here typically sold in about 32 days and fetched 90% of the asking price. Buyer competition is running hotter than the same months last year.

Demand
0.35
Avg days on market
32 d
Sale-to-list
90%
Price change (YoY)
-14.4%

Based on 29 sales

Market balance
Condo Apartment sales vs new listings in Markham · last 3 months

0.32

Buyer's market

Buyer'sSeller's
Days on market
Condo Apartment in Markham

45days

+15 days vs the same month last year

Average sold price
Condo Apartment in Markham · last 12 months

$628,518

-7.5% vs a year ago

Nearby listings

Comparable sales

  • No similar listings found.