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For Sale
Just Listed

12 Gandhi Lane 1612 #1612

Commerce Valley, Markham, ON
$699,000
2Bd
2Ba
850+sqft
1Parking
$822/sqft
CondoMLS# N13069244Listed 2026-05-010 DOM
Cooling
Central Air

Just listed! New listings in Markham often receive offers within the first week.

About this home

Step into refined urban living at this iconic condominium residence in the vibrant heart of Thornhill. This bright corner suite offers 882 sq ft of well-designed interior space, paired with an impressive 252 sq ft wrap-around balcony. Featuring soaring 9-foot ceilings and stunning panoramic skyline views, the unit blends comfort with contemporary elegance. The thoughtfully planned layout includes 2 spacious bedrooms and 2 full bathrooms. The modern open-concept kitchen is outfitted with quartz countertops, built-in appliances, and premium cabinetry, making it both stylish and functional. Enjoy exceptional convenience with VIVA Transit just steps from the building, along with easy access to Highways 407 and 404. Surrounded by a wide range of restaurants, banks, and shopping plazas, this location truly offers the best of city living. Includes 1 parking and 1 locker.

Rooms

Other
Kitchen0.00 × 0.00 m
Dining Room3.63 × 3.20 m
Living Room3.96 × 3.53 m
Primary Bedroom3.05 × 2.93 m
Bedroom 22.74 × 3.66 m

Features

  • Carpet Free
  • None
  • Central Air
  • Apartment

Financials

Annual Taxes
$2,787.1

Estimated Rental Income

Entire property$2,600 – $3,500/mo
Rental yield4.5% – 6.0%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Markham

Days on market0 days
Buyer's MarketSeller's Market

Based on active listings in Markham. Data updates daily.

Demographics — Markham

Population
338,503
Avg Household Income
$118,000
Age Distribution
0-19
20%
20-34
18%
35-49
22%
50-64
22%
65+
18%
Ownership
82% own · 18% rent
EnglishMandarinCantoneseTamilUrdu

Our estimate for this home

Priced 9.0% above estimate
Estimated range
$593K$689K
Mid-point $641K · ~$755/sqft
How this listing compares
$593KList · $699K$689K
High confidence·Based on 41 commerce valley comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$699,000
12 Gandhi Lane 1612, Markham
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