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Unit 1506 at Pavilia Towers

Sold

12 Gandhi Lane 1506, Markham, ON L3T 0G8

MLS #N12367978

$818,000

Sold on December 7, 2025

December 7, 2025

Originally listed at $848,000 63 days on market

About This Property

Luxury Pavilia Towers 2+1 Unit with 908 sq.ft. of living space and a large 245 sq.ft. wrap around balcony. Beautiful unobstructed South-East view. Master bedroom with 3 pc ensuite and sliding door walkout to the large balcony. Laminate floor throughout, a large Den with sliding door can be used as a home office or 3rd bedroom. Functional layout with open concept kitchen and built-in appliances. High demand location with public transit at door steps and easy access to Hwy 404/407. Close to shopping, grocery, banks and restaurants.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($450/mo) and property tax ($2,857/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$771/sqft
Commerce Valley
$675/sqft+14.2%
Markham
$636/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 1100 sqft.

Property Details

Bedrooms

3

Bathrooms

2

Square Feet

1000-1199 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-1516
MLS Size1000-1199
Listed OnAug 27, 2025
Maintenance Fees$450/month
Property Tax$2,857/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Flat)3.7 x 3.3512.1 x 11.0-
Dining Room(Flat)3.7 x 3.212.1 x 10.5-
Kitchen(Flat)3.7 x 3.212.1 x 10.5-
Primary Bedroom(Flat)3.7 x 3.0512.1 x 10.0-
Bedroom 2(Flat)3.02 x 2.529.9 x 8.3-
Den(Flat)2.06 x 26.8 x 6.6-

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Unit 1506 History

Complete transaction history for this unit

Terminated

Listed: Aug 6, 2025

$868,000

20 days on marketSale
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1 More Transactions Available

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Price History

Original List Price

$848,000

Listed on Aug 27, 2025

Sold Price

$818,000

Sold on Dec 7, 2025

-$30,000

-3.5%

63 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NamePavilia Towers
Address12 Gandhi Lane, Markham
Parking TypeUnderground

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About Unit 1506 at Pavilia Towers

Unit 1506 is a residential condo & other with 3 bedrooms, 2 bathrooms spanning approximately 1000-1199 square feet located at Pavilia Towers, 12 Gandhi Lane, Markham. This unit is currently sold (sold for $818K).

About Pavilia Towers

Pavilia Towers is located at 12 Gandhi Lane, Markham. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Commerce Valley Neighbourhood

This unit is located in Commerce Valley, part of Markham in the York area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Pavilia Towers, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 1506 Pavilia Towers Markham

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