1208-12 Gandhi Lane, Markham, ON
Commerce Valley, Markham · MLS® N13580518
About this home
In short
- Welcome to Pavilia Towers by Times Group, a highly desirable condominium on Highway 7 in Thornhill, ideally located between Leslie Street and Bayview Avenue.
- This bright and spacious 1-bedroom plus den, 2-bathroom suite features 9' ceilings, large windows, and a functional open-concept layout.
- The versatile den with a frosted glass sliding door is ideal for a home office or guest room, while the primary bedroom offers semi-ensuite access.
- Residents enjoy premium amenities including a fitness centre, indoor pool, stylish lounge, and 24-hour concierge.
- Conveniently located with VIVA transit at your doorstep, close to Langstaff GO Station and Richmond Hill Centre Terminal, and just minutes to Highways 407 and 404.
Welcome to Pavilia Towers by Times Group, a highly desirable condominium on Highway 7 in Thornhill, ideally located between Leslie Street and Bayview Avenue. This bright and spacious 1-bedroom plus den, 2-bathroom suite features 9' ceilings, large windows, and a functional open-concept layout. The modern kitchen is equipped with premium built-in appliances and quartz countertops. The versatile den with a frosted glass sliding door is ideal for a home office or guest room, while the primary bedroom offers semi-ensuite access. An oversized laundry room provides additional storage, and the private balcony enjoys clear, unobstructed views.Residents enjoy premium amenities including a fitness centre, indoor pool, stylish lounge, and 24-hour concierge. Conveniently located with VIVA transit at your doorstep, close to Langstaff GO Station and Richmond Hill Centre Terminal, and just minutes to Highways 407 and 404. Steps to Walmart, Loblaws, Canadian Tire, Best Buy, Home Depot, PetSmart, Golden Plaza, Jubilee Square, Commerce Gate, Times Square, and the future T&T Supermarket. Includes one parking space and one locker. A perfect blend of location, convenience, and modern living.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13580518
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 2 (1 half)
- Size
- 600-699 sq ft
- Cross streets
- Bayview/Hwy 7
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $358/mo
- Exposure
- South
- Property tax
- $2,233 / 2025
- Days on market
- 93
- Listing brokerage
- HOMELIFE NEW WORLD REALTY INC.
Rooms
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For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $890/sqft; this home lists at $924/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Commerce Valley, Markham, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Markham.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $480,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,654
- Property tax
- $186
- Condo / maintenance fees
- $358
- Heating
- $0
- Estimated monthly cost
- $3,198
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,475
- Estimated closing costs
- $8,475
Plus your down payment of $120,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $159,240
- Principal paid down
- $58,647
- Interest paid
- $100,593
- Balance remaining
- $421,353
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.