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    130 Pond Drive

    Derby Tower Condos
    1for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    11
    Number of Units:
    118
    Condo Completion:
    2001
    Condo Demand:
    Low
    Unit Size Range:
    452 - 1,874 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Derby Tower Condos

    Receive listing updates for Commerce Valley

    Amenities

    Concierge
    Bike Storage
    Party Room
    Rec Room
    Visitor Parking
    Security System

    Maintenance Fees

    Included
    Heat
    Water
    Excluded
    Hydro
    Air Conditioning

    About 130 Pond DriveDerby Tower Condos

    Anyone who’s seeking a Markham condo for sale should consider Derby Tower Condos at 130 Pond Drive. Times Group Corporation completed this building back in 2001, but unlike other buildings of that age, maintenance fees are higher than average at $0.78 per-square-foot. The 11-storey building is home to 118 suites with units ranging between 452 and 1874 square feet.

    This condo has a low demand ranking per Strata.ca analytics and a Walk Score of 78. Maintenance fees are $0.78 per-square-foot, which is higher than the neighbourhood average of $0.69 per-square-foot.

    The Suites

    On average, units at 130 Pond Drive sell -4.31% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $779 and units sell with 93 days on market on average. Over the past 12 months, 2 have sold and 3 have have been rented here.

    The Neighbourhood

    Residents can enjoy several great restaurants in the area. Some popular places nearby include Konjiki Ramen Markham, Tim Hortons and KINTON RAMEN. You’ll only have to walk 6 minutes to pick-up a coffee before heading out for your day at Now Tea Commerce Gate, McDonald's and Machi Machi.

    There are a number of grocery stores within a short drive, including Takchong Food Mart and Bayview Food Mart.

    Residents here can stop by Scotiabank and CIBC Branch with ATM on their way home from work, so they can take care of their financial needs.

    Whether you're looking to play, exercise or gather with friends — nearby parks like Vanhorn Park and Suncrest Park are the perfect spot for all kinds of activities.

    Those who love to shop will appreciate all the options nearby with The Galleria Shoppes, Doncrest Market Place and Commerce Gate just 5 minutes from here.

    Families with older children will be happy to know that My Math Centre and St. Robert Catholic High School can be reached by car in under 3 minutes.

    Transportation

    Transit users will need to trek a bit to Highway 7 / Times Av, the nearest light transit stop. Finch Station isn’t within a close walking distance, but you can drive there in about 20 minutes.

    Curious about similar condos in the area? Check out 37-39 Galleria Parkway, 51 Times Avenue and 68-88 Times Avenue — all within walking distance.

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    Explore Commerce Valley

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    4/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar condos

    Maintenance Fees

    Derby Tower Condos vs The Commerce Valley Area

    Days on Strata

    Units at Derby Tower Condos spend an average of
    93
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Commerce Valley

    Turnover of Units

    On average, each unit is owned for
    4.7
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 18 condos in the Commerce Valley area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Derby Tower Condos offers the
    ?
    best value out of 18 condos in the Commerce Valley neighbourhood

    Appreciation Rank

    Derby Tower Condos has the
    ?
    highest ROI out of 18 condos in the Commerce Valley neighbourhood

    Rental Yield

    Derby Tower Condos yields the
    ?
    highest rent prices out of 18 condos in the Commerce Valley neighbourhood

    High Demand

    Derby Tower Condos is the
    ?
    most popular building out of 18 condos in the Commerce Valley neighbourhood

    Transaction Insights at 130 Pond Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$539,000 - $622,000No DataNo DataNo DataNo Data
    Avg. Cost Per SqftNo Data$790No DataNo DataNo DataNo Data
    Avg. Wait for Unit Availability200 Days178 Days126 DaysNo Data261 DaysNo Data
    Ratio of Units in Building25%17%45%6%8%2%

    Unit Sales vs Inventory

    Total number of units listed and sold in Commerce Valley