$1,689,999 - 38 Gandhi Lane Unit 3605, Markham
Condo for Sale in Markham
32 days on market- MLS Number
- N13120150
- Property Type
- Condo
- Status
- active
- Days on Site
- 32
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,200 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- BENCHMARK SIGNATURE REALTY INC.
A Rare Opportunity To Own A Luxury Penthouse-Inspired Residence At Pavilia Towers, Showcasing An Exceptional And Generously Designed 1,344 Sq.Ft. Layout - A Truly Unique Offering In One Of Richmond Hill's Most Sought-After Boutique Communities.Wake Up To Panoramic South-Facing Views & Elevated Penthouse-Inspired Living At Pavilia Towers. A Rare Opportunity To Own An Exceptional 1,344 Sq.Ft. Residence Offering A Thoughtfully Designed, Generously Proportioned Layout In One Of The Area's Most Sought-After Boutique Communities. This Bright And Airy Suite Showcases Desirable South Exposure With Beautiful Natural Light Throughout The Day, Stunning Evening Views, And CN Tower Views In The Distance.Designed For Both Comfort And Functionality, The Spacious Interior Features Three Well-Appointed Bedrooms, Each With Its Own Ensuite Bathroom, Including A Luxurious Primary Retreat Complete With A Walk-In Closet And Private Balcony Access. Enjoy Seamless Indoor-Outdoor Living With A Generous 113 Sq.Ft. Balcony Plus An Additional 36 Sq.Ft. Balcony Off The Primary Bedroom - Perfect For Morning Coffee Or Evening Relaxation Above The City Skyline.Additional Highlights Include 2 Parking Spaces And 1 Locker. Residents Enjoy Premium Amenities Including An Indoor Pool, Fitness Centre, Party Room, Library, Rooftop Terrace With BBQ Area, Concierge, And More. Conveniently Located Steps To Viva Transit And Richmond Hill GO Station, With Quick Access To Highways 407 & 404. Surrounded By Restaurants, Shopping, Banks, Parks, And Everyday Conveniences. A Rare Blend Of Luxury, Space, Convenience & Lifestyle - Truly A Place To Call Home. Photos Are Virtually Staged For Illustration Purposes Only. Actual Unit May Be Better Than Images Shown.
Estimate your monthly payments for this property
Estimated Payment
$7,475.43/mo
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 3605, Markham
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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
Premium Pricing
At $1408/sqft, this property is priced above the Markham average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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.
Bathroom Count Matters
With 4 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 $7,042 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.