| Heat Included | |
| Common Elements Included | |
| Parking Included | |
| CAC Included |

1212 - 38 Gandhi Lane
Commerce Valley, Markham
$759,000
Modern and very well maintained north-west Bright corner unit with 835SF, Great layout, 9' ceilings, open-concept living/dining area, excellent natural view. Luxury building amenities include 24-hour concierge, indoor pool, guest suites, gym. Step to public transit, parks, dining, bank. minus to Langstaff GO, Hwy 7/407, schools and shopping. Includes 1 parking space and 1 locker.
No extras listed.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 0-5 |
| Size | 800-899 sq. ft. |
| Maintenance Fees | $449 |
| Locker | Owned |
| Balcony | Open |
| Exposure | North West |
| Parking Type | None |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,704 |
| mls© Number | N13765686 |
| Listed By | CENTURY 21 KING`S QUAY REAL ESTATE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,885
- Property tax
- $225
- Heat allowance
- $150
- Condo fees, half counted
- $225
- Housing costs
- $4,485 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$138,000
gross annual household income
- Payment at 4%
- $3,194 / mo
- Cash down
- $151,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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