Enjoy the highly sought-after grandeur of townhome-style living in this newer, premium condo unit with soaring 11-foot ceilings that create a house-like feel. This 1-bedroom plus den layout is equipped with two full washrooms. The spacious den easily serves as a private second bedroom or home office for busy professionals. This home delivers maximum comfort and privacy. It includes the ultimate convenience of a private secondary door opening straight to the street--perfect for guests and pet owners, say goodbye to lobby traffic and elevator wait time, also ideal for professionals, downsizers, pet lovers. Close to Hwy404 & 407, Time Square, Commerce Gate, Costco and New T&T and Groceries, Banks, Hotels, Restaurants, Schools. Check attachments for the 648sqft Floor Plans.
1 bedroom, 2 bathrooms, about 600 sq ft, works out to roughly $917 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 38 Gandhi Lane #102
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
600-699 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
38 Gandhi Lane #102 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N14111360$550,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 38 Gandhi Lane #102 Compares to the Markham Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,702
/mo
based on the purchase price of $550,000
$110,000 cash
$440,000 financed
$370,595 total interest
Principal54%$440,000
Interest46%$370,595
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in Markham
Other 1–2 bed homes for sale in Markham around $550K.
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio99.4%On average, homes sold below asking.
Active listings1,533Homes for sale here right now.
Median vs prior 90 days+3.0%Compared with Apr 29 – Jul 28, 2026: prices up.
Based on 1,351 sales from Jul 28 – Oct 26, 2026 (822 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
4 for sale · 3 for rent at 38 Gandhi Lane — plus its sale and lease history.
38 Gandhi Lane #102 is listed at $550,000 (MLS® N14111360). Summitly updates the price as soon as the MLS® record changes.
Is $550,000 a good price for 38 Gandhi Lane #102?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Markham. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 38 Gandhi Lane #102 changed?
No — 38 Gandhi Lane #102 is still listed at its original asking price of $550,000.
How many bedrooms and bathrooms does 38 Gandhi Lane #102 have?
38 Gandhi Lane #102 has 1 bedroom and 2 bathrooms, with about 600–699 square feet of living space. It is a condo in Markham.
Is 38 Gandhi Lane #102 close to transit?
The nearest rapid-transit station is Langstaff GO Station (Richmond Hill GO), about 2.1 km in a straight line. Richmond Hill GO Station is about 4.5 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 38 Gandhi Lane #102?
About $2,702 a month — principal and interest on $550,000 with 20% down ($110,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 38 Gandhi Lane #102 compare with other homes in Markham?
Its asking price of $550,000 is about 50% below the median sold price in Markham over the last 90 days, $1,095,000, across 1,351 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 38 Gandhi Lane #102 been sold before?
Summitly has no earlier MLS® sale or lease of 38 Gandhi Lane #102 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 38 Gandhi Lane #102?
38 Gandhi Lane #102 is in Markham, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 38 Gandhi Lane #102 been on the market?
3 days — 38 Gandhi Lane #102 was listed on October 23, 2026.
What is the price per square foot of 38 Gandhi Lane #102?
About $787 to $917 per square foot: the asking price of $550,000 over the 600–699 sq ft the listing gives as its size range.
Does 38 Gandhi Lane #102 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
