The Gazebo of Thornhill Condos Condos in Markham

8111 Yonge Street, Markham

Total Units

1

For Sale

0

For Rent

30

Sold

9

Leased

$620K

Avg Price

59

Days (Sale)

30

Days (Lease)

OQ

OVAIS QASSIM

Questions about The Gazebo of Thornhill Condos?

Property Type:
Condo
Number of Units:
Condo Demand:
High
Unit Availability:
Low
Number of Storeys:
Condo Completion:
Unit Size Range:
1,000 - 1,599 SQFT
Property Management:
Goldview

Market Overview

For-Sale Inventory

Highest Sale (12mo)

$728K

Lowest Sale (12mo)

$525K

Median Maintenance

$1273/mo

Year Built

The Gazebo of Thornhill Condos Market

Updated Aug 22, 2026
Condos
Median sale price
$625K
Median PSF (est.) 1.1%
$466/sqft
Sold last 90 days
3
Active listings
1
Months of inventory
0.3
Avg days on market
105
Sale-to-list ratio
97.38%
Absorption rate
300.0%
Market Insights
Price reductions (90d)
Price-reduction rate: 66.67%
Avg reduction: $90,000 (12.56%)
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $466+1.63% vs community avg ($459)[at_par]
Supply vs demand by unit type (90d)
Sample: 1 active listings · 3 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 0 sold · mismatch +0.00%
2br: 0 active / 0 sold · mismatch +0.00%
3br: 1 active / 3 sold · mismatch +0.00%
Concession pattern by unit type (90d)
2br (6 sales)100.00% closed with concessions, avg 4.51% below ask
3br (18 sales)83.33% closed with concessions, avg 4.70% below ask
Seasonality (annual pattern)
Historically strongest months: Oct, Nov, Apr
Historically weakest months: Jan, Aug, Jun
Annual averages: DOM 68.1d · sale-to-list 97.38% (n=24)
Monthly detail
Jan · 2 sales · DOM 109.0d · STL 94.97%
Mar · 2 sales · DOM 64.0d · STL 93.35%
Apr · 3 sales · DOM 37.0d · STL 97.82%
May · 2 sales · DOM 65.0d · STL 95.69%
Jun · 1 sales · DOM 133.0d · STL 92.45%
Jul · 2 sales · DOM 73.5d · STL 96.01%
Aug · 3 sales · DOM 122.7d · STL 95.28%
Sep · 3 sales · DOM 42.3d · STL 104.56%
Oct · 1 sales · DOM 15.0d · STL 97.23%
Nov · 3 sales · DOM 18.3d · STL 101.81%
Dec · 2 sales · DOM 101.0d · STL 94.47%

Market Intelligence

Price per sqft analysis and trends

The Gazebo of Thornhill Condos

Sale PSF

N/A

Lease PSF

N/A

Royal Orchard

Sale PSF

$508/sqft

2 sales

Lease PSF

$3.17/sqft/mo

4 leases

Markham

Sale PSF

$636/sqft

70 sales

Lease PSF

$3.08/sqft/mo

9 leases

York

Sale PSF

$627/sqft

207 sales

Lease PSF

$3.12/sqft/mo

1 leases

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
The Gazebo of Thornhill CondosThis Building
/mo
Royal Orchard
5083.17/mo24
Markham
6363.08/mo709
York
6273.12/mo2071

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Parking & Locker Values

Parkingmunicipality

Purchase

N/A

Monthly Lease

$109/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

Car Wash
Exercise Room
Game Room
Gym
Indoor Pool
Party Room/Meeting Room
Recreation Room
Sauna
Squash/Racquet Court
Tennis Court
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCable TVCommon ElementsCondo TaxesHeatHydroParkingWater

Building Reviews

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About The Gazebo of Thornhill Condos Condos

The Gazebo of Thornhill Condos is a premier condominium located at 8111 Yonge Street, Markham. offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 40 units available at The Gazebo of Thornhill Condos, with prices averaging around $620K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

The Gazebo of Thornhill Condos stands out in Markham's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

Whether you're looking to buy, sell, or rent at The Gazebo of Thornhill Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation and market analysis.

Explore more real estate in the wider area: Royal Orchard, Markham and the York area.

Units for Sale at The Gazebo of Thornhill Condos

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