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$625,000
DOM60days12 Gandhi Lane · Markham · Ontario L3T 0G8
60 days on market
A Beautiful high floor and high ceiling 1+Den with 2 full baths unit located at the centre of Richmond Hill! The unit features an optimized open concept layout with an unobstructed west facing view that has great natural flowing light. The fully enclosed den has a sliding door making it extremely versatile and can be used as a home office, guest bedroom or a gaming room. Modern kitchen boosts a stylish yet practical and spacious centre island that doubles as a dining table providing a custom fit…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: FIRST CLASS REALTY INC.
Source: TRREB/PROPTX · MLS® N13711086
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 46% of your true cost of ownership. The other 54% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $28,453 | $2,371/mo |
| Government & taxes | ||
| Property tax | $2,427 | $202/mo |
| Land transfer tax(closing) | $8,975 | $748/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $6,250 | $521/mo |
| Condo fees | ||
| Condo / HOA fees | $4,590 | $383/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $61,355 | $5,113/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.