12 Gandhi Lane 2308, Markham

$598,800
12 Gandhi Lane 2308

$598,800

Price Change
26d
Condo ApartmentApartment

12 Gandhi Lane 2308, Markham

Total Monthly Obligation $3,165

HausQ Valuation Report
Bed+Den
2+1
Baths
2
Park
1
Sqft
600-699
DOM
26d
Score
18
Yield
4.7%
Cash on Cash
-5.7%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Condo Apartment
MLS® Number-N13833244
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Sep 27, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,304.18 (2026)
Maintenance-$357.63/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE LANDMARK REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30/TBD
Neighbourhood-Commerce Valley
Title-Residential Condo & Other

No agent assigned

Luxury & Spacious 1+Den Condo In Prestigious Pavilia Towers With Unbeatable Low Maintenance Fee, Located In A Highly Sought-After, Ultra-Convenient Neighborhood, Functional Open Concept Layout With 9' Ceilings, Floor-To-Ceiling Huge Windows Allowing Tons Of Natural Light To Flood The Space & Maximize The Breathtaking Unobstructed South Views Of The Toronto Skyline & CN Tower, Versatile Den With Sliding Door Can Be Used As A 2nd Bedroom, Home Office Or Guest Bedroom, The Modern & Sleek Kitchen With Quartz Countertops, Elegant Cabinetry, High-end B/I Appliances, Full Bathroom Updated With A New Smart Toilet, Enjoy The Top-tier Amenities Including Impressive Fitness Centre, A Stylish Lounge Area, A Sparkling Indoor Pool, And 24 Hour Concierge Service, Prime Markham/Thornhill Location, Easy Access To Everything You Need, Steps To Hwy 7, Viva Transit, Restaurants, Shopping, Parks And Minutes Driving To Hwy 404/407, Top Ranking Schools, Go Trains, And Many More, Perfect For End Users Or Investors!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$479,040
Land Transfer Taxes$8,451
Legal Fees (Est.)
$
Total cash required for closing$129,711

Total Monthly Obligation

$3,165/mo
Mortgage $2,415
Monthly Loss $2,529
Principal$636
Interest$1,780
Property Tax$192
Condo Fees$358
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
7.9%23
10-Year IRR
9.0%
Returns Index
12.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,164/yr
NOI
$16,352/yr
Net Cash Flow
-$1,053/mo
Cash Margin
-44.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
25.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 12 Gandhi Lane 2308

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.