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    The Gazebo Condos

    8111 Yonge Street

    3for Sale
    1for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    18
    Number of Units:
    208
    Condo Completion:
    1977
    Condo Demand:
    High
    Unit Size Range:
    1,059 - 1,517 SQFT
    Unit Availability:
    Medium

    Listing History for The Gazebo Condos

    Amenities

    Bike Storage
    Car Wash
    Squash Court
    Sauna
    Games Room
    Gym Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 8111 Yonge StreetThe Gazebo Condos

    Anyone who’s seeking a York Region condo for sale should consider The Gazebo Condos at 8111 Yonge Street. a developer completed this building back in 1977, but unlike other buildings of that age, maintenance fees are on the higher end at $0.88 per-square-foot. The 18-storey building is home to 208 suites with units ranging between 1059 and 1517 square feet.

    This condo has a high demand ranking per Strata.ca analytics and a Walk Score of 73. Maintenance fees at 8111 Yonge Street are $0.88 per-square-foot, which is on the higher end compared to the average of about $0.67, however the maintenance fees do include all utilities (usually at least hydro is separate).

    The Suites

    We’ve aggregated a number of stats at 8111 Yonge Street. Here are some highlights: In the past 12 months, 14 units have sold, and 4 have been rented. Meanwhile, property values here have increased by 3.51%.

    Units at The Gazebo Condos have a medium likelihood of receiving more than one offer, and on average they sell for -2.64% below the listed price. Suites here have an average cost per-square-foot of $562 based on sales over the past 12 months, and the median time a unit spends on the market is 14 days.

    The Neighbourhood

    Residents can enjoy several great restaurants in the area. Some popular places nearby include Eggsmart, Minoo Catering and Pizza Pizza. Need caffeine to open your eyes in the morning? No worries, UPTWN Lounge and Starbucks have you covered...

    Grocery shopping can feel like a chore — but not when Food Basics and Parsian Fine Foods are just an easy 4-minute walk away.

    Planning for your future is easy with Scotiabank and Hana Bank Canada -Thornhill Br. in the area.

    Getting some fresh air is a breeze when you live at 8111 Yonge Street because excellent green spaces like Pioneer Park, Riverside Park and Langstaff School Park are walkable in under 9 minutes.

    Enhance your personal style while living in the Thornhill - Markham neighbourhood by visiting Small plaza.

    SilverCity Richmond Hill Cinemas is just a short drive away for movie nights.

    The Gazebo Condos is a short drive away from Mehe Elementary School and I Am Smart S-Cool ABA Center and Private School, giving you plenty of choice for your child’s education. If you're open to commuting, a quick transit ride offers even more options, including Bee Smart Learning Centre, Thornhill Secondary School and Thornlea Secondary School.

    Transportation

    Transit users will need to trek a bit to Langstaff Rd. E. @ Cedar Ave. (Langstaff GO), the nearest light transit stop. Finch Station isn’t within a close walking distance, but you can drive there in about 14 minutes.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 8038 Yonge Street, 1 Royal Orchard Boulevard and 80 Inverlochy Boulevard.

    3

    Listings For Sale

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    1

    Listings For Rent

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    Nearby Amenities

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    34,479
    Average Individual Income
    $80,221
    Average Household Size
    3 persons
    Average Age
    36
    Average Household Income
    $139,819
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    67%
    Semi Detached
    19%
    Duplex
    5%
    Low Rise Apartment
    4%
    High Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    83%
    Other
    10%
    Cantonese
    3%
    Mandarin
    2%
    Russian
    1%
    Tamil
    1%
    Education
    High School
    29%
    University and Above
    29%
    College
    20%
    None
    13%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    19%
    Health & Related Fields
    13%
    Social Sciences
    12%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Education
    5%
    Math & Computer Sciences
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at The Gazebo Condos spend an average of
    14
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    20.3
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    30th
    Highest price per SQFT out of 43 condos in the Thornhill - Markham area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    The Gazebo Condos offers the
    ?
    best value out of 43 condos in the Thornhill - Markham neighbourhood

    Appreciation Rank

    The Gazebo Condos has the
    ?
    highest ROI out of 43 condos in the Thornhill - Markham neighbourhood

    Rental Yield

    The Gazebo Condos yields the
    ?
    highest rent prices out of 43 condos in the Thornhill - Markham neighbourhood

    High Demand

    The Gazebo Condos is the
    ?
    most popular building out of 43 condos in the Thornhill - Markham neighbourhood

    Transaction Insights at 8111 Yonge Street

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$900,000$650,000 - $920,000No Data
    Avg. Cost Per SqftNo Data$661$577No Data
    Avg. Wait for Unit Availability117 Days613 Days38 Days285 Days
    Ratio of Units in Building25%3%73%2%

    Maintenance Fees

    The Gazebo Condos vs The Thornhill - Markham Area

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