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Listed 13 days ago

1705 - 12 Gandhi Lane

Commerce Valley, Markham

$499,000

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

Client RemarksPavilia Condo Located At Highway 7 And Bayview Avenue. Spacious One Bed + Den. 641 Sq.ft. Frosted Sliding Door At Den With Closet Can Use As 2nd Bedroom. Laminate Floor Thru-Out. 1 Parking And 1 Locker Included. Roger Internet Service Included.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$356
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,178
mls© NumberN13593246
Listed ByHOMELIFE NEW WORLD REALTY INC.
Heat Included
Common Elements Included
Building Insurance Included
Parking 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%
$2,554
Property tax
$181
Heat allowance
$150
Condo fees, half counted
$178
Housing costs
$3,064 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$94,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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Comparable sales

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