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Derby Tower

130 Pond Dr, Markham, ON L3T 7W5

Derby Tower, at 130 Pond Dr, is a condo building in the Commerce Valley area of Markham, Ontario. It was built in 1998, has 118 residential units and stands 10 storeys tall.

Commerce Valley
Year Built
1998
Units
118
Floors
10
Building Type
Mid-rise apartment condo

Market Overview

Avg Sold Price
$557,571
Median Sold
$475,000
Price Range
$385,000 – $923,000
Avg $/SqFt
$615
Sales (2yr)
7
Active Listings
2
Avg List Price
$498,500
Avg Days on Market
59

Last sale: Jul 29, 2026

Condo Fees

Avg Monthly Fee
$796
Median Fee
$665
Avg $/SqFt
$0.96
Units w/ Fee Data
11
Fee IncludesHeat, water, hydro, air conditioning, building insurance, 24-hour concierge service.

Building Features

ExteriorBrick
AmenitiesConcierge, exercise room, gym, sauna, recreation room, party room, visitor parking, EV charging station (pay per use).
Building TypeMid-rise apartment condo
Floors10 storeys
Year Built1998

Policies

Pet PolicyPets allowed with restrictions.
Rental PolicyRentals allowed with restrictions; short-term rentals not mentioned.

Management

Management CompanyTimes Property Management Inc.Ph

About This Building

Derby Tower is a mid-rise apartment condominium at 130 Pond Drive in Markham's Commerce Valley neighbourhood, completed in 1998. The 10-storey building contains units averaging around 957 square feet, with recent sales near $475,000 to $560,000 and monthly condo fees averaging $796. The building offers convenient access to Times Square shops and restaurants, Highway 7, and regional transit including GO Station and Viva service. Amenities include a gym, sauna, recreation room, concierge, and visitor parking. Before committing to purchase, obtain and have a real estate lawyer review the status certificate, reserve fund study, financial statements, and current by-laws to understand funding obligations and governance.

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