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    Markham / Royal Orchard

    1501 - 8111 Yonge St

    For SaleThe Gazebo Condos
    $660,000
    Price Cut: $698,000
    2 Beds
    2 Bath
    1 Parking
    1,200 SQFT
    102 Days on Strata
    Est Sell Timeframe
    6 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,061/mth
    Taxes:
    $2,359 (2023)
    Cost Per Sqft:
    $550/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    60/90 days
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Pot Lights, Open Concept
    0 x 0ft
    Dining
    0 x 0ft
    Kitchen
    Porcelain Floor, Open Concept, Updated
    0 x 0ft

    About this Listing

    Spacious 1120 sq ft Corner Suite (per MPAC) with an unobstructed South View and an expansive balcony. Renovated and updated several years ago, this open-concept unit boasts a modern kitchen with stainless steel appliances, updated doors, and elegant finishes throughout. The primary bedroom features a large ensuite walk-in closet. Exceptional amenities include all-inclusive condo fees covering utilities, internet, and cable TV. Ideally located near Yonge St buses, shopping, golf, and with quick access to Hwy 407 & Hwy 7, this beautifully upgraded unit combines comfort, style, and ultimate convenience!

    ExtrasAll Existing Electric light fixtures, S/S: Fridge, Stove, Dishwasher, hood. Front load washer & dryer.

    royal lepage your community realtyMLS® #N9251634

    Amenities

    Indoor Pool
    Party Room
    Security System
    Visitor Parking
    Gym Room
    Squash Court

    Explore Neighbourhood

    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.

    Similar Listings

    Price Trends

    Maintenance Fees

    The Gazebo Condos vs The Royal Orchard Area

    Building Trends At The Gazebo Condos

    Days on Strata

    Units at The Gazebo Condos spend an average of
    25
    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
    compared to other buildings in Royal Orchard

    Turnover of Units

    On average, each unit is owned for
    20.1
    YEARS before being sold again

    Property Value

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

    Price Ranking

    2nd
    Highest price per SQFT out of 10 condos in the Royal Orchard area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    The Gazebo Condos offers the
    ?
    best value out of 10 condos in the Royal Orchard neighbourhood

    Appreciation Rank

    The Gazebo Condos has the
    ?
    highest ROI out of 10 condos in the Royal Orchard neighbourhood

    Rental Yield

    The Gazebo Condos yields the
    ?
    highest rent prices out of 10 condos in the Royal Orchard neighbourhood

    High Demand

    The Gazebo Condos is the
    ?
    most popular building out of 10 condos in the Royal Orchard neighbourhood

    Transaction Insights at 8111 Yonge Street

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$673,000$711,500 - $900,000$641,000 - $920,000No Data
    Avg. Cost Per Sqft$632$630$593No Data
    Avg. Wait for Unit Availability97 Days415 Days35 Days380 Days
    Ratio of Units in Building25%3%72%2%

    Transactions vs Inventory

    Total number of units listed and sold in Royal Orchard