$990,000 - 38 Gandhi Lane Unit 207, Markham
Condo for Sale in Markham
51 days on market- MLS Number
- N13037124
- Property Type
- Condo
- Status
- active
- Days on Site
- 51
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- HC REALTY GROUP INC.
Rarely offered SOUTH-FACING 3+1 bedroom, 3-bathroom suite in prestigious Pavilia Towers, offering approx. 1,380 sq ft of bright, functional living space. Oversized DEN with a door ideal for a home office/Study room, Nursery, Kids' bedroom, or additional family area. Open-concept layout with floor-to-ceiling windows brings in abundant natural light.Enjoy a large private balcony with upgraded wood decking and glass railing, perfect for relaxing or entertaining. Modern kitchen features stainless steel appliances, quartz countertops, and an oversized island with breakfast bar.The primary ensuite features a thoughtfully designed barrier-free entry, enhancing comfort and accessibility.Resort-style amenities include a fully equipped fitness centre, temperature-controlled indoor pool, library, billiards room, ping pong room, Huge Multi-funtion room/Party room, children's playroom, yoga studio, and landscaped courtyard with BBQ areas.Steps to Viva transit, minutes to Hwy 404/407 & GO, and within top-ranking school zones (St. Robert, Thornlea SS, Doncrest PS). Low maintenance fees.Future Famous T&T Supermarket just steps away (approx. 1-minute walk), adding exceptional everyday convenience. Low maintenance fees.Perfect for families, professionals, and multi-generational living seeking space, comfort, and convenience in a prime location.
Estimate your monthly payments for this property
Estimated Payment
$5,079.21/mo
Includes CMHC insurance ($27,621)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Markham
Markham is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Markham
- •Convenient location in Markham
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Markham offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
38 Gandhi Lane Unit 207, Markham
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $825/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 51 days on site, this property has exceeded the typical selling timeline for Markham. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.