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Derby Tower

130 Pond Dr, Markham

Features

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Price/Sqft Range

528 sqft - 1913 sqft

Avg Price/Sqft

$626 / sq. ft.

Completed

Built: 2001

Building Scale

Floors: 11 | Total Units: 118

Building Details

Building Type

High-Rise condo

Property Management

Built in 2001

Condo Corp

YRCC-958

Date Registered

Aug 29, 2001

Maintenance Fees Include

Common Element

Heat

Water

Description

1 - About Derby Tower

  • Address: 130 Pond Dr, Thornhill
  • Neighbourhood: Commerce Valley
  • Storeys: 11
  • Units: 118
  • Built Year: 2001
  • Builder: Times Group Corporation
  • Building Type: High-Rise condo
  • Suite Sizes: 528 sqft - 1913 sqft
  • Average Price: $626 / sq. ft.

2 - Overview of Derby Tower

Completed in 2001, Derby Tower is a high-rise condominium located at 130 Pond Drive in Markham's Commerce Valley. Developed by Times Group Corporation, this 11-storey building houses 118 residential units in a well-established neighbourhood.

Positioned within the Thornhill/Leitchcroft area, Derby Tower serves as a residential anchor in this mixed-use corridor. The building's moderate height creates an intimate community atmosphere while maintaining the urban conveniences of the Commerce Valley business district.

The tower's strategic location places residents at the heart of a thriving commercial hub, offering both the tranquility of residential living and immediate access to professional services and amenities.

3 - Suite Sizes & Value

Derby Tower offers suite sizes ranging from 528 square feet to 1,913 square feet, providing options for singles, couples, and families. These floor plans deliver generous living spaces that often exceed what newer developments offer at comparable price points.

With an average price of $626 per square foot, Derby Tower presents exceptional value in the York Region market. This pricing represents significant savings compared to newer construction projects, making it an attractive option for both investors and owner-occupants seeking quality accommodation at competitive rates.

4 - Building Amenities & Features

  • Security: Round-the-clock security with dedicated on-site guards
  • Concierge: Professional concierge services for residents
  • Safety: Comprehensive integrated security system
  • Wellness: Private sauna facility for resident use
  • Parking: Secure underground parking garage
  • Maintenance: Monthly fees cover common elements, heating, and water services

5 - Location Highlights

  • Transit: Direct access to Highway 7 and Pond Drive bus stops serving Viva and Markham Transit routes. Highway 404 and Steeles Avenue East are under 10 minutes away
  • Recreation: Close proximity to Vanhorn Park and Suncrest Park for outdoor activities
  • Shopping: Five-minute access to Commerce Gate, The Galleria Shoppes, and Doncrest Market Place
  • Dining: Nearby restaurants include KINTON RAMEN, Konjiki Ramen Markham, Popeyes, and The Point Eatery
  • Groceries: Convenient shopping at Takchong Food Mart and Bayview Food Mart
  • Education: St. Robert Catholic High School and My Math Centre are within three minutes
  • Banking: Full-service Scotiabank and CIBC branches with ATM access

6 - Lifestyle Near Derby Tower

Derby Tower boasts a Walk Score of 78, establishing it as a car-optional neighbourhood where daily errands can be accomplished on foot. This walkability extends to dining establishments, retail outlets, and professional services throughout the Commerce Valley area.

The surrounding community attracts both working professionals and families, creating a balanced residential environment. The immediate highway connections facilitate easy commuting across the Greater Toronto Area while maintaining a suburban quality of life.

7 - About the Developer

Times Group Corporation brought Derby Tower to completion in 2001, demonstrating their commitment to quality residential development in the Greater Toronto Area. The company has established a reputation for delivering both residential and commercial projects throughout North York, Markham, and surrounding municipalities, contributing to the region's urban development landscape.


Neighborhood

Park
School Bus Route
Public Transit

Building Sales History

Jul 20261 Listed | 1 Sold

106 days on market

MLS® # N12935098

Jul 16, 2026

Sold

Mar 30, 2026

Listed For Sale

$429,500
May 20262 Listed | 0 Sold

47 days on market

MLS® # N12987788

May 28, 2026

Sold Conditionally

Apr 12, 2026

Listed For Sale

$428,000

116 days on market

MLS® # N12744166

May 27, 2026

New

Jan 30, 2026

Listed For Sale

$399,000
Apr 20261 Listed | 1 Sold

85 days on market

MLS® # N12732476

Apr 22, 2026

Sold

Jan 27, 2026

Listed For Sale

$678,888
Feb 20261 Listed | 0 Sold

98 days on market

MLS® # N12553684

Feb 24, 2026

Terminated

Nov 18, 2025

Listed For Sale

$498,000

Commerce Valley Insights

growth

Sale Price

Average

Median

Generated based on property type and location. Average values are derived using median calculations.