43.8407° N · 79.3965° W — Commerce Valley, Markham — MLS® #N14142722
509-38 Gandhi Lane
$748,000
Commerce Valley, Markham, Ontario L3T 0G9
- 2
- BedroomsBeds
- 2
- BathroomsBaths
- 900-999 sqft900-999
- SizeSq ft
Inquire about this listing
In short · from the listing record
509-38 Gandhi Lane is a 2-bedroom, 2-bathroom condo in Commerce Valley, Markham, listed for sale at an asking price of $748,000 (MLS® N14142722).
905 Sq.Ft. two-bedroom, two-bathroom unit faces south & west, boasting soaring 9-foot ceilings & a functional layout. Enjoy a spacious 309 Sq.Ft balcony accessible from the Living room and Primary bedroom. The modern kitchen features built-in appliances, upgraded quartz countertops & backsplash. With Viva Transit at your doorstep & easy access to Highway 407/404, convenience is unmatched. Nearby, you'll find restaurants, banks & plazas. This unit includes ONE (1) Parking & ONE (1) Locker for added convenience.
Listing readings
How it measures up
Scores from the listing record and the market around it.
71Good
Condition score
1 documented update signal
Listing age, structured features and disclosed update language; not an inspection.
22Shortfall
Cash flow quality
−$1,592/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 13 condos with 2 bedrooms for lease in Commerce Valley right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $2,949 / 2026
- MLS® number
- N14142722
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Time on market
- Size
- 900-999 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Listing history
Listing activity for 509-38 Gandhi Lane, Markham, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $748,000 | N/A | For Sale | N14142722 |
Inside
Room by room
From the listing.
- Living3.35 × 5.18 mCombined W/Dining, W/O To Balcony, Window Flr to Ceil
- Dining3.35 × 5.18 mCombined W/Living, Open Concept, Laminate
- Kitchen3.2 × 3.66 mOpen Concept, Stainless Steel Appl, Modern Kitchen
- Primary3.5 × 3.66 m3 Pc Ensuite, W/O To Balcony, South View
- 2nd Br2.9 × 3.05 mLarge Window, Large Closet, West View
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Commerce Valley
- Municipality
- Markham
Building
- Size
- 900-999 sqft
- Building Age
- 0-5
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc Flat, 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Highway 7 / Chalmers Rd | YRT bus rapid transit: Viva Purple | 100 m |
| Highway 7 / Valleymede | YRT bus rapid transit: Viva Purple | 400 m |
| Highway 7 / Bayview | YRT bus rapid transit: Viva Purple | 700 m |
| Highway 7 / West Beaver Creek | YRT bus rapid transit: Viva Purple | 850 m |
| Langstaff GO | GO Transit train: Richmond Hill | 2.2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.
Around it
Condo Apt in Commerce Valley
Active listings only, today.
Condos for sale in Commerce Valley right now
- For sale now
- 43
- Median asking price
- $585K
- New in 7 days
- 8
- Price cuts
- 19%
Middle half: $536K to $699K
21 in 28 days
8 listings
This home is asking 28% above the median, higher than three quarters of them.
See all homes in Commerce ValleyAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- trailOn recordA trail on the Ontario trail network within 1 km
- airportOn recordNearest airport: 2.6 km
- water wellsNone in rangeNo water-supply well recorded within 250 m 16 test or monitoring holes also recorded.
- groundwaterOn recordGroundwater recorded about 5.2 m below ground nearby The middle water level in the well records within 500 m (54 records). It changes with the season and from spot to spot.
- npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada The nearest is Protenergy Natural Foods Corp., 1.9 km away. Only facilities above the inventory’s reporting thresholds are listed.
- fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
- electricityOn recordElectricity is distributed here by Alectra Utilities Corporation
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 60 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Land transfer tax on this home
- Ontario land transfer tax
- $11,435
- Total land transfer tax
- $11,435
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $7,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $748,000
- $6,960
- Ontario total
- $11,435
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- Adrienne Clarkson Public SchoolYork Region DSBPublic · grades 1–8 · French Immersion96%Grade 6 average750 m
- Willowbrook Public SchoolYork Region DSBPublic · grades JK–883%Grade 6 average1.3 km
- Christ the King Catholic Elementary SchoolYork CDSBCatholic · grades JK–8 · French Immersion92%Grade 6 average1.9 km
- ÉÉC Sainte-Marguerite-Bourgeoys-MarkhamConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–895%Grade 3 average4 km
SecondaryGrade 9 math 2024–25
- Thornlea Secondary SchoolYork Region DSBPublic · grades 9–12 · French Immersion78%Grade 9 math1.3 km
- St Robert Catholic High SchoolYork CDSBCatholic · grades 9–1292%Grade 9 math1.5 km
- Langstaff Secondary SchoolYork Region DSBPublic · grades 9–12 · French Immersion53%Grade 9 math3.5 km
- École secondaire Norval-MorrisseauConseil scolaire ViamondeFrench-language public · grades 9–1290%Grade 9 math5.5 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$4,142
- Mortgage$3,413
- Property tax$246
- Condo or maintenance fee$483
A planning figure, not a quote.
Land transfer tax
$11,435
$7,435 for first-time buyers.
Rent, similar homes
$2,550
a month, median asking rent of 13 similar homes in Commerce Valley.
Community
Who lives around it
Similar homes
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Shemeer AhmadVALERY REAL ESTATE INC.
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