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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 2 days ago

    Unit 612 — 38 Gandhi Lane

    Commerce Valley·Markham, ON·L3T 0G9·Near Bayview Ave / Hwy 7

    • 2 beds
    Markham real estate›N13561722
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to Suite 612 at Pavilia Towers, a beautifully presented 835 sq. ft. corner residence blending sophisticated design, refined finishes and effortless comfort in the heart of Commerce Valley. This bright and airy two-bedroom, two-bathroom suite features expansive windows, northwest exposure and open city views, filling the thoughtfully designed open-concept living and dining areas with impressive natural light. Engineered vinyl flooring throughout the principal living areas creates a clean sense of contemporary elegance. The designer-inspired kitchen is stylishly appointed with elegant engineered quartz countertops, a sleek backsplash, modern cabinetry, generous storage and quality Jenn-Air and Fisher & Paykel appliances. The inviting living space opens to a private balcony, extending the living area outdoors. The well-proportioned primary bedroom offers a comfortable retreat with a walk-in closet and private three-piece ensuite, while the second bedroom features a large window and built-in closet, providing flexible space for family, guests or a home office. Additional conveniences include ensuite Whirlpool laundry, one owned underground parking space and one owned locker. Residents enjoy resort-inspired amenities, including concierge service, an indoor pool, fitness centre, guest suites, rooftop deck and garden, and visitor parking. Ideally situated near Bayview Avenue and Highway 7, just minutes from public transit, shopping, dining, parks, schools, community facilities and Highways 404 and 407.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 14, 2026ListedCurrentFor sale$668,000 —N13561722This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Forced Air
      Air conditioning
      Central Air
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 612 — 38 Gandhi Lane
    What's nearby

    Points of interest classified by the MLS® feed.

    • Public Transit
    • Park
    • School
    • Rec./Commun.Centre
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $3,282
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $230
    0.41% mill rate · ON
    The market

    How this home sits in the Markham market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Markham market right now

    Average sold price, days on market, and closed-transaction count for Markham — sourced from MLS®.

    • Avg sold price
      $1,169,804
      Last 30 days
    • Median sold price
      $1,105,000
      Middle of the market
    • Days on market
      28 d
      Avg from list to close
    • Closed last 30d
      882
      MLS® transactions
    Full Markham market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 612 — 38 Gandhi Lane — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 612 — 38 Gandhi Lane and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 612 — 38 Gandhi Lane listed for?

      Unit 612 — 38 Gandhi Lane is listed at $668,000 on the MLS® (listing N13561722). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 612 — 38 Gandhi Lane have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 2 baths
  2. 800-899 sqft
  3. Condo Apartment
  4. Asking
    $668,000
    $1 / sqft · MLS® N13561722
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $853,957
    $785,640Confidence range$922,273
    Asking vs estimate
    ↓below
    −$185,957
    (-21.8%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Markham sell in about 28 days — this one has been listed 2 days.

    Avg sold price
    $1,169,804
    Median sold
    $1,105,000
    Avg days on market
    28
    Recently sold
    882
    See comparable sales
    AI highlights by Zara
    • The inviting living space opens to a private balcony, extending the living area outdoors.
    • Additional conveniences include ensuite Whirlpool laundry, one owned underground parking space and one owned locker.
    • Residents enjoy resort-inspired amenities, including concierge service, an indoor pool, fitness centre, guest suites, rooftop deck and garden, and visitor parking.
    • Ideally situated near Bayview Avenue and Highway 7, just minutes from public transit, shopping, dining, parks, schools, community facilities and Highways 404 and 407.
    Ask Zara a follow-up

    Parking & garage

    3
    Garage
    Underground
    Garage spaces
    1
    Parking spaces
    1
  6. Interior

    4
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    5
  7. Exterior & construction

    4
    Exterior
    Concrete
    View
    City, Clear
    Patio
    Open
    Balcony
    Open
  8. Listing & possession

    3
    Occupancy
    TBA
    Property style
    Apartment
    Property class
    Condo Apartment
  9. Room-by-room · 5 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Flat level

    5 rooms
    • Bedroom 2
      vinyl floor · b/i closet · large window
      11.3 × 9.7 ft
    • Primary Bedroom
      vinyl floor · 3 pc ensuite · walk-in closet(s)
      14.9 × 10.1 ft
    • Dining Room
      vinyl floor · open concept · combined w/kitchen
      10.5 × 7.9 ft
    • Kitchen
      vinyl floor · b/i appliances · backsplash
      10.5 × 7.9 ft
    • Living Room
      vinyl floor · open concept · w/o to balcony
      15.0 × 11.1 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $449
    per month
    Building details
    • Unit23
    • Storeys (building)5
    • ExposureNorth West
    • LockerOwned
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpYRSCP
    • Corp #1516
    • Property managerTimes Property Management
    Building amenities
    • Concierge
    • Guest Suites
    • Gym
    • Indoor Pool
    • Rooftop Deck/Garden
    • Visitor Parking
    Combined estimate
    $3,512
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $3,282
    /mo
    based on the purchase price of $668,000
    $133,600 cash
    $534,400 financed
    $450,105 total interest
    Monthly payment$3,282/ month
    Principal54%$534,400
    Interest46%$450,105

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo apartments that just sold in Markham

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 8 Water Walk Drive
      Sold
      Sign in for price
      8 Water Walk Drive
      Condo Apartment
    • 38 Gandhi Lane
      Sold
      Sign in for price
      38 Gandhi Lane
      Condo Apartment
    • 7811 Yonge Street
      Sold
      Sign in for price
      7811 Yonge Street
      Condo Apartment
    • 39 New Delhi Drive
      Sold
      Sign in for price
      39 New Delhi Drive
      Condo Apartment
    • 180 Dudley Avenue
      Sold
      Sign in for price
      180 Dudley Avenue
      Condo Apartment
    • 48 Suncrest Boulevard
      Sold
      Sign in for price
      48 Suncrest Boulevard
      Condo Apartment
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 612 — 38 Gandhi LaneThis home2 / 2800,899$668,000ask$1——
    8 Water Walk Drive2 / 21,000—
    38 Gandhi Lane1 / 1500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo apartments in Markham

    Active listings within ±20% of this asking price.

    • 131 Upper Duke Crescent
      $679,900
      131 Upper Duke Crescent
      Condo Apartment 2 2
    • 292 Verdale Crossing
      $549,900
      292 Verdale Crossing
      Condo Apartment 1 2
    • 2 Adam Sellers Street
      $599,000
      2 Adam Sellers Street
      Condo Apartment 2 2
    • 151 Upper Duke Crescent
      $658,000
      151 Upper Duke Crescent
      Condo Apartment 2 2
    • 99 South Town Centre Boulevard
      $628,000
      99 South Town Centre Boulevard
      Condo Apartment 1 2
    • 37 Galleria Parkway
      $580,000
      37 Galleria Parkway
      Condo Apartment 2 2
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  10. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  11. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  12. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  13. Public listing courtesy of EXP REALTY · displayed on Summitly per MLS® data-share rules

    Unit 612 — 38 Gandhi Lane is a 2-bedroom, 2-bath, 800-899 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  14. When was Unit 612 — 38 Gandhi Lane built?

    The year built for Unit 612 — 38 Gandhi Lane isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  15. What is the property tax for Unit 612 — 38 Gandhi Lane?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 612 — 38 Gandhi Lane plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  16. How much would the monthly mortgage be on Unit 612 — 38 Gandhi Lane?

    The affordability calculator on this page shows an estimated monthly mortgage for $668,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  17. Has Unit 612 — 38 Gandhi Lane been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 612 — 38 Gandhi Lane with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  18. What neighbourhood is Unit 612 — 38 Gandhi Lane in?

    Unit 612 — 38 Gandhi Lane is in Commerce Valley, Markham. The 'Neighbourhood' section below links to the live Markham real estate hub with average sold price, days on market, and current inventory.

  19. Is Markham a good place to live?

    Markham is one of ON's actively-tracked Summitly markets. The full Markham real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  20. 7811 Yonge Street
    1 / 1
    700
    —
    39 New Delhi Drive2 / 21,000—
    180 Dudley Avenue3 / 21,000—
    48 Suncrest Boulevard1 / 1500—