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$688K · 2 bed Condo Apartment · Commerce Valley, Markham | MyPropertyScout

$688,000

Unit 1202

22Vacant

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$688,000

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Unit 1202

12 Gandhi Lane · Markham · Ontario L3T 0G8

MLS® N13449022 · Commerce Valley · L3T 0G8

22Vacant800-899 ft²Condo Apartment1-car Underground9d$810/ft²$2,960 tax/yr

5% above market · 9 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Experience unparalleled urban living in this stunning corner suite at The Pavilia Tower, where a rare wrap-around balcony (244 sq. ft.) invites you to enjoy panoramic northeast views from floor-to-ceiling windows. Inside, the open-concept layout features elegant laminated flooring throughout, 9-ft ceilings, and a sleek kitchen with stone countertops and stainless steel appliances-perfect for both relaxing and entertaining. The master bedroom offers a private 3-piece ensuite and direct balcony ac…

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Property details

MLS#: N13449022
Status: Buy Now
Beds: 2
Baths: 2 full, 0 half
Size: 800-899
Style: Apartment
Type: Condo Apartment
Year built: —

Condo corp #: 1516
Balcony: Open
Locker: Owned
Fees include: Heat Included, CAC Included, Parking Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Bayview / Hwy 7
Basement: None
Stories: 11
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free
Parking features: Underground

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Main	Living Room	3.96m × 3.08m
Main	Dining Room	3.2m × 3.58m
Main	Kitchen	3.2m × 3.58m
Main	Primary Bedroom	3.05m × 3.28m
Main	Bedroom 2	2.82m × 2.97m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: Advent Realty Inc

Source: TRREB/PROPTX · MLS® N13449022

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$688K

Unit 1202 · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $688,000✓ $2,960 tax✓ Gas✓ 800-899 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,608/mo

incl. closing costs (yr 1)

Annual total

$67,301

year 1

Mortgage only

$2,610/mo

principal + interest

Beyond mortgage

$1,687/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$137,600

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$247/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~850 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$6,880/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$36/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$10,235

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)47% $31,321/yr

Property taxes20% $13,195/yr

Utilities6% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $6,880/yr

Condo fees8% $5,246/yr

Closing costs8% $5,100/yr

Mortgage is 47% of your true cost of ownership. The other 53% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$31,321	$2,610/mo
Government & taxes
Property tax	$2,960	$247/mo
Land transfer tax(closing)	$10,235	$853/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$6,880	$573/mo
Condo fees
Condo / HOA fees	$5,246	$437/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$67,301	$5,608/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 1202

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs