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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Markham
  • Commerce Valley
  • 12 Gandhi Lane
12-gandhi-lane-markham-ontario-n12114459
12-gandhi-lane-markham-ontario-n12114459
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  • Sold Sold in Jun 2025
  • Condo Apt

2308 - 12 Gandhi Lane

Markham, Commerce Valley
  • 1 + 1 Bedrooms
  • 2 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 638,000
4.49%
Listed Price: $ 668,000
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Key Facts About 2308 - 12 Gandhi Lane, Markham

  • Tax $2,116 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $332.09
  • Building Age 0-5
  • Size 600 - 699 feet²
  • Listing # N12114459
  • Data Source PROPTX
  • Days on Market 50
  • Listed On 01/05/2025
  • Updated On 27/06/2025
  • Market Demand
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Description

Welcome to this stunning 1+Den unit, offering modern living with breathtaking, unobstructed views! Can see CN Tower in Downtown Toronto on a good weather day! Located in a highly sought-after, ultra-convenient neighbourhood, this luxury building provides easy access to everything you need! 404/407/Hwy 7, top ranking schools, restaurants, parks, shops, Viva Bus, Go Train and many more, all just steps away. This building features a consistently high rental rate(currently around $2600) due to it's wide range of top-tier amenities including impress

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Property Details of 2308 - 12 Gandhi Lane, Markham

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Commerce Valley
  • Municipality Markham

Inside

  • Bedrooms 1
  • Bathrooms 2
  • Bathroom Details 1, 3pc Flat
  • Bathroom Details 1, 2pc Flat
  • Kitchen 1
  • Rooms 4
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 600 - 699 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete
  • Building Age 0-5

Parking

  • Drive Way Underground
  • Garage Type Underground
  • Garage 1
  • Total Parking Places 1

Land

  • Zoning Residential
  • Cross Street Bayview / Highway 7 E

Features

  • Park Y
  • Public Transit Y
  • School Bus Route Y

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Our Estimate

See Real Estate Market Trends in Markham

Estimated Rent

$ 2,526

Rental Yield

4.21%

School Score

8.9/10

Rental Score

4/5

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Rooms

Living Room (3.5X3.56 metre)
Level: Flat
Dining Room (2.58X3.56 metre)
Level: Flat
Kitchen (2.58X3.56 metre)
Level: Flat
Primary Bedroom (3.33X2.73 metre)
Level: Flat
Den (1.67X2.73 metre)
Level: Flat

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$901

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $332
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 2308 - 12 Gandhi Lane, Markham

Welcome to the exquisite condo for sale in Markham , located at 12 Gandhi Lane, Markham. This stunning 1+Den unit offers a modern living experience with breathtaking, unobstructed views that will leave you in awe. On a clear day, you can even catch a glimpse of the iconic CN Tower in Downtown Toronto! Nestled in the highly sought-after neighbourhood of Commerce Valley, this luxury building is not only a visual delight but also a hub of convenience, providing easy access to all the amenities you could possibly need.

As you step into this remarkable condo for sale in Markham, you will immediately notice the bright and spacious interior. The open-concept living area is enhanced by soaring 9ft ceilings and large windows that allow natural light to flood the space, creating an inviting atmosphere. The versatile den, which can be used as a child's bedroom, a home office, or even additional storage, adds to the functionality of this apartment. With a total of four rooms, including one bedroom and one den, this unit is perfect for those seeking a blend of comfort and practicality.

The sleek kitchen is a chef's dream, featuring high-end built-in appliances, elegant cabinetry, and ample counter space for all your culinary creations. Whether you're preparing a quick breakfast or hosting a dinner party, this kitchen is designed to meet all your needs. The primary bedroom serves as a peaceful retreat, providing a serene space to unwind after a long day. The two well-appointed bathrooms, equipped with modern fixtures and finishes, ensure that you and your guests enjoy both style and comfort.

This condo for sale in Markham is situated in a luxury building that boasts a range of top-tier amenities. Although there is no pool or fireplace, residents can enjoy the impressive fitness centre, a stylish lounge area, and the convenience of a 24-hour concierge service. The building's prime location contributes to its consistently high rental rate, currently around £2,600, making it an attractive investment opportunity.

Parking is made easy with one underground garage space included with the unit, ensuring that you have a secure place for your vehicle. While there is no additional land or parking space available, the underground garage provides a safe and convenient option for residents. The building itself is relatively new, with an age of just 0-5 years, ensuring that you are investing in a property that is modern and well-maintained.

Living at 12 Gandhi Lane, Markham, places you just steps away from essential amenities, including top-ranking schools, a variety of restaurants, parks, shops, and public transport options such as the Viva Bus and Go Train. The accessibility to major routes like the 404, 407, and Highway 7 East makes commuting a breeze, whether you're heading into the city or exploring the surrounding areas.

In summary, this condo for sale in Markham at 12 Gandhi Lane, Markham, is a fantastic opportunity for anyone looking to embrace modern living in a vibrant community. With its stunning views, spacious interior, and convenient location, this property is not to be missed. The motivated sellers are eager to find the right buyer for this incredible suite, so don’t hesitate to reach out and schedule a viewing. This could be the home you’ve been waiting for!

Commerce Valley, nestled within the vibrant city of Markham, is a thriving geographic hub that seamlessly blends business and residential life. Known for its modern architecture and well-planned infrastructure, this area boasts a diverse array of amenities, including shopping centres, dining options, and recreational facilities, all set against a backdrop of lush green spaces. Its strategic location offers excellent connectivity to major highways and public transport, making it an ideal choice for professionals and families alike. With a dynamic atmosphere and a strong sense of community spirit, Commerce Valley presents an appealing option for those seeking a balanced lifestyle in a bustling urban environment.

Schools in the Neighbourhood

This property is ideally situated near several reputable educational institutions, making it an excellent choice for families. Within a short distance, you'll find Willowbrook Public School, an English-language elementary school rated 8.6, just 1.3 km away, and Thornlea Secondary School, also rated 7.9, located 1.2 km from the property, offering a strong public education from grades 9 to 12. For those interested in French-language education, Doncrest Public School (1.4 km away) and Adrienne Clarkson Public School (0.8 km away) provide options for elementary grades, although Adrienne Clarkson currently has a school rating of 0. Additionally, the property is close to Christ the King Catholic Elementary School and St. Robert CHS, both offering quality education in English and French, with St. Robert CHS receiving a commendable rating of 8.7. Overall, the proximity to these schools enhances the appeal of the property, ensuring that families have access to quality education options for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 6,069 residents, with an average household size of 2 individuals. The demographic profile reveals an average age of 44.3 years and a household income of $82,100. However, 21.9% of the population is classified as low-income. The housing market reflects an average property price of $666,000, with a significant portion of the community being single (45.2%) and households with children making up 32.2% of the total. A notable 68.15% of residents are immigrants, contributing to the area's cultural diversity. The rental market is also significant, with nearly 30% of residents renting their homes. Condominiums dominate the housing landscape, comprising 85.48% of the properties. Educational attainment is high, with 65.68% of the population holding a college or university degree. However, a considerable percentage, 39.41%, are not in the labor force, indicating potential challenges in employment opportunities within the community. Overall, this area presents a blend of demographic characteristics, highlighting both opportunities and challenges for potential homeowners and investors.

FAQs About 2308 - 12 Gandhi Lane, Markham

How many bathrooms does this property have?

This property features 2 bathroom(s) and 1 bedroom(s).

Does this 1 bedroom property have additional bedrooms or a den?

This Condo Apt property includes 1 additional bedrooms.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 1 bed property in Markham is 600 - 699.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 12 Gandhi Lane?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 1 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $332.09.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 2308 - 12 Gandhi Lane, Markham

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Listing History

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