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Listed 8 days ago

3207 - 38 Gandhi Lane

Commerce Valley, Markham

$625,000

Condo Apartment |
1 + 1 | 2 | 1 | 1
About this home

Welcome to Prestigious Pavilia Towers by Times Group, ideally located at Highway 7 and Bayview Avenue. This spacious 1+1 bedroom unit features 9-foot ceilings and a functional layout. The den with a sliding frosted glass door can be used as a second bedroom. Enjoy an open-concept kitchen with stainless steel appliances, stone countertops, and backsplash. Residents have access to excellent amenities including a 24-hour concierge, indoor swimming pool, fully equipped fitness center, yoga studio, billiards room, ping pong, party room, children's playroom, and a landscaped BBQ terrace. Conveniently located steps to Viva Transit, with easy access to Highways 407 and 404, and close to restaurants, banks, shopping plazas, parks, and other daily conveniences. One parking space and one locker included.

Extras

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Got questions?

Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$370
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,362
mls© NumberN13735946
Listed ByBAY STREET GROUP INC.
CAC Included
Building Insurance Included
Parking Included
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,199
Property tax
$197
Heat allowance
$150
Condo fees, half counted
$185
Housing costs
$3,731 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $125,000
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,630 / mo
Cash down
$125,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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