38 Gandhi Lane Unit 210, Markham

Price: $899,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: N13429832

Corner Unit At Pavilia Towers By Times Group. This 2+1 Bedroom, 2-Bathroom Suite Functional Living Space (968 sf Interior Plus 149sf Balcony Plus 165 SF Terrace).Den can be converted to a third bedroom. An Open-Concept Living Room With Floor-To-Ceiling Windows & Walk Out To The Balcony. This spacious 2+1 bedroom corner unit features 9-foot ceilings and a smart, functional layout with quality laminate flooring throughout. Located Just Steps From Viva Transit And Minutes From Highways 404 And 407, Convenience Truly Is At Your Doorstep.Inside, A Spacious, Sunlit Open-Concept Layout Awaits, Premium Contemporary Finishes, And A Sleek Kitchen Designed For The Home Chef. Elegant Bathrooms, Generous Closets, And Thoughtful Design Add To The Appeal, Providing Exceptional Comfort And Style.Pavilia Towers Enhances Everyday Living With Resort-Style Amenities, Including A Fully Equipped Fitness Center, Indoor Pool, Billiards, Ping Pong, Party, Children's Play Room, Yoga Studio, Fitness Centre And Landscaped BBQ Terrace, Offering A Lifestyle Of Ease And Enjoyment. Surrounded By Countless AmenitiesFrom Shopping And Dining To Entertainment And Parks. one parking space and one locker.

38 Gandhi Lane Unit 210 - Condo photo 1 of 5 in Markham, Ontario
38 Gandhi Lane Unit 210 - Condo photo 2 of 5 in Markham, Ontario
38 Gandhi Lane Unit 210 - Condo photo 3 of 5 in Markham, Ontario
38 Gandhi Lane Unit 210 - Condo photo 4 of 5 in Markham, Ontario
38 Gandhi Lane Unit 210 - Condo photo 5 of 5 in Markham, Ontario
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New Listing
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$899,000 - 38 Gandhi Lane Unit 210, Markham

Condo for Sale in Markham

New — Listed 2 days ago
3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
N13429832
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
BAY STREET GROUP INC.
Description

Corner Unit At Pavilia Towers By Times Group. This 2+1 Bedroom, 2-Bathroom Suite Functional Living Space (968 sf Interior Plus 149sf Balcony Plus 165 SF Terrace).Den can be converted to a third bedroom. An Open-Concept Living Room With Floor-To-Ceiling Windows & Walk Out To The Balcony. This spacious 2+1 bedroom corner unit features 9-foot ceilings and a smart, functional layout with quality laminate flooring throughout. Located Just Steps From Viva Transit And Minutes From Highways 404 And 407, Convenience Truly Is At Your Doorstep.Inside, A Spacious, Sunlit Open-Concept Layout Awaits, Premium Contemporary Finishes, And A Sleek Kitchen Designed For The Home Chef. Elegant Bathrooms, Generous Closets, And Thoughtful Design Add To The Appeal, Providing Exceptional Comfort And Style.Pavilia Towers Enhances Everyday Living With Resort-Style Amenities, Including A Fully Equipped Fitness Center, Indoor Pool, Billiards, Ping Pong, Party, Children's Play Room, Yoga Studio, Fitness Centre And Landscaped BBQ Terrace, Offering A Lifestyle Of Ease And Enjoyment. Surrounded By Countless AmenitiesFrom Shopping And Dining To Entertainment And Parks. one parking space and one locker.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

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5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

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.

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Neighbourhood Guide: Markham

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

38 Gandhi Lane Unit 210, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,271

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $999/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Markham's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    38 Gandhi Lane Unit 210, Markham — $899,000 | Battaglia Team