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Market Data as of September 30, 2026

The Gazebo — Rental Market Data

8111 Yonge St, Markham, Ontario L3T 4V9
Quick Rent Estimate

Last Lease

3-Bedroom
Lease Amount
$3,750/mo
Date Leased: August 19, 2026
Rent psf$2.88/sf
Turnover Velocity75 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

Rental market analytics and building profile as of September 30, 2026.

Building TypeCondominium
Year Completed1977
Total Suites208
DeveloperNot Disclosed

The Gazebo is a residential community located in Markham, Ontario. Completed in 1977, the property features an estimated 208 suites. The building currently features no active rental listings on record as of September 30, 2026.

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Last Realized Lease

Transaction metrics for the most recently leased suite

3-Bedroom
Lease Amount$3,750/mo
Date LeasedAugust 19, 2026
Rent psf$2.88/sf
Turnover Velocity75 Days
Active Inventory Status0 Available

Historical Active Listings & Market Dynamics

Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.

Suite Filters
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-06-051375013002.88N/A
2026-06-061375013002.881
2026-06-071375013002.882
2026-06-081375013002.883
2026-06-091375013002.884
2026-06-101375013002.885
2026-06-111375013002.886
2026-06-121375013002.887
2026-06-131375013002.888
2026-06-141375013002.889
2026-06-151375013002.8810
2026-06-161375013002.8811
2026-06-171375013002.8812
2026-06-181375013002.8813
2026-06-191375013002.8814
2026-06-201375013002.8815
2026-06-211375013002.8816
2026-06-221375013002.8817
2026-06-231375013002.8818
2026-06-241375013002.8819
2026-06-251375013002.8820
2026-06-261375013002.8821
2026-06-271375013002.8822
2026-06-281375013002.8823
2026-06-291375013002.8824
2026-06-301375013002.8825
2026-07-011375013002.8826
2026-07-021375013002.8827
2026-07-031375013002.8828
2026-07-041375013002.8829
2026-07-051375013002.8830
2026-07-061375013002.8831
2026-07-071375013002.8832
2026-07-081375013002.8833
2026-07-091375013002.8834
2026-07-101375013002.8835
2026-07-111375013002.8836
2026-07-121375013002.8837
2026-07-131375013002.8838
2026-07-141375013002.8839
2026-07-151375013002.8840
2026-07-161375013002.8841
2026-07-171375013002.8842
2026-07-181375013002.8843
2026-07-191375013002.8844
2026-07-201375013002.8845
2026-07-211375013002.8846
2026-07-221375013002.8847
2026-07-231375013002.8848
2026-07-241375013002.8849
2026-07-251375013002.8850
2026-07-261375013002.8851
2026-07-271375013002.8852
2026-07-281375013002.8853
2026-07-291375013002.8854
2026-07-301375013002.8855
2026-07-311375013002.8856
2026-08-011375013002.8857
2026-08-021375013002.8858
2026-08-031375013002.8859
2026-08-041375013002.8860
2026-08-051375013002.8861
2026-08-061375013002.8862
2026-08-071375013002.8863
2026-08-081375013002.8864
2026-08-091375013002.8865
2026-08-101375013002.8866
2026-08-111375013002.8867
2026-08-121375013002.8868
2026-08-131375013002.8869
2026-08-141375013002.8870
2026-08-151375013002.8871
2026-08-161375013002.8872
2026-08-171375013002.8873
2026-08-181375013002.8874

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at The Gazebo reflect broader macroeconomic seasonality and local submarket absorption trends. Use the suite layout filters above to isolate pricing trajectories across studio, 1-bedroom, and 2-bedroom configurations.

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Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
Chart metrics & timeframe
Max 2 selected
Show min/max boundaries

Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-08-161350013002.6975

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

Comparing rental asking rates and price-per-square-foot ($/SF) at The Gazebo with 6 tracked residential buildings in the immediate vicinity.

1 Royal Orchard Blvd, Markham

Avg Asking$2,850/mo
Avg $/SF$2.19
Rent Spread:
N/A

80 Inverlochy Boulevard, Markham

Avg Asking$3,350/mo
Avg $/SF$2.79
Rent Spread:
N/A

8188 Yonge Street, Vaughan

Avg Asking$2,649/mo
Avg $/SF$3.95
Rent Spread:
N/A

60 Inverlochy Blvd, Markham

Avg Asking$3,200/mo
Avg $/SF$2.46
Rent Spread:
N/A

50 Inverlochy Blvd, Markham

Avg Asking$3,100/mo
Avg $/SF$2.81
Rent Spread:
N/A

7811 Yonge Street, Markham

Avg Asking$2,550/mo
Avg $/SF$3.03
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at The Gazebo compare to neighbouring buildings within Markham West?

At $0/month ($0.00/SF), The Gazebo maintains a competitive market position compared to surrounding properties.

Does The Gazebo offer a competitive price-per-square-foot ($/SF) against local comparables?

Comparing $/SF rates demonstrates how space efficiency and suite square footage influence relative affordability against nearby buildings.

How do building age, amenities, and developer reputation impact rent spreads?

Modern building amenities, concierge services, and construction vintage contribute to rent spreads between The Gazebo and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around The Gazebo.

Building Amenities

  • Concierge & Security
  • Car Wash Bay
  • Gym & Fitness Centre
  • Indoor Pool
  • Sauna & Steam Room
  • Tennis & Pickleball Court
  • Squash & Racquetball Court
  • Party & Lounge Room
  • Meeting Room
  • Games & Billiards Room
  • Library & Reading Room
  • Woodworking Room
  • Garden & Courtyard

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Gazebo.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of September 30, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (September 2026 vs August 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.