Year Built
2004
Mid-Rise Condo
Thornhill Towers II Condos
by Times Group Corporation
48 Suncrest Boulevard, Markham, ON L3T 7Y5
Total Units
203
Avg $/sqft
$686
Storeys
11
Available Units in Thornhill Towers II Condos
2
Units for sale
From $549,000
0
Units for rent
Live MLS · Updated daily
Overview
Thornhill Towers II Condos was completed in 2004 by Times Group Corporation. While some buyers associate high maintenance fees with older buildings, maintenance fees at 48 Suncrest Boulevard are only $0.89 per-square-foot. These Commerce Valley condos for sale offer floor plans that are more spacious than most modern condos; there are 203 suites in this 11-storey residence, and units range from 524 square feet to 2472 square feet.
Maintenance fees at 48 Suncrest Boulevard are $0.89 per-square-foot, which is notably higher than the city average of about $0.67.
Developer
Times Group Corporation
Year Built
2004
Property Type
Mid-Rise Condo
Storeys
11
Total Units
203
Management
Times Property Management
Amenities
Indoor Pool
Guest Suites
Fitness Centre
Sauna
Visitor Parking
Party Room
24/7 Concierge
Price History
88 recordsLoading history…
Market Stats
Prices in Thornhill Towers II Condos are down 2.9% compared to last year.
$686
Avg $/sqft
-2.9%
YoY change
40
Avg days on market
Location & Walkability
Walk Score
69/100
Daily errands on foot
Transit Score
51/100
TTC, GO, subway access
Bike Score
66/100
Bike lanes & infrastructure
Neighbourhood in Markham
Commerce Valley
community-oriented diverse family-friendly
Commerce Valley is a neighbourhood in Markham known for its residential and commercial mix. It offers a range of amenities and a growing community.
High percentage of immigrant residents Many restaurants and cafes available Majority of homes are high-rise apartments Good median income of $68,500
At a glance
Day to dayLivability
8.9
Schools near listings
out of 10 · averaged over 1,617 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$621,500
43% below Markham 13% below Ontario
In Commerce Valley
$621,500
In Markham
$1,089,400
In Ontario
$714,900
Median monthly rent
$2,950/mo
16% above Markham 18% above Ontario
In Commerce Valley
$2,950
In Markham
$2,550
In Ontario
$2,500
≈ 17.6 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
54
Median $621,500
Condos 53 · Houses 1
For rent
26
Median $2,950
Recently sold
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Recently leased
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Market data as of 2026-10-18. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Affordable compared to city median prices
- Family-friendly environment with parks and playgrounds
- Diverse community with a mix of cultures
- Good access to schools with high ratings
Keep in mind
- Limited grocery stores in the area
- Higher rental strain at 51.2%
- Low public transit options
The feel of the placeLifestyle
Daily life in Commerce Valley is vibrant, with many dining options and a strong community feel. Residents enjoy a mix of urban and suburban living.
Great for first-time buyers families young professionals
Within the boundaryWhat's nearby
The boundary
2.0 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
7
Parks
3
Playgrounds
12
Restaurants
5
Cafés
1
Pharmacies
Counted across all 2.0 km² of Commerce Valley. From OpenStreetMap, as of 2026-10-12.
The peopleWho lives here
6,069
Population (2021)
4.2 km²
Area
1,452
People per km²
42
Median age
$68,500
Median income
70%
Own their home
2
People per household
2,995
Households
Every age
- Children (under 15)10.0%
- Working age (15–64)68.5%
- Seniors (65+)21.6%
What is built here
- Semi-detached0.5%
- Townhouses22%
- Low-rise apartments2%
- High-rise apartments75.3%
Own or rent
70%Owners
30%Renters
Across 2,995 households
When it was built
Mostly 2001–2005
- 1960 or earlier0%
- 1961–19801%
- 1981–19902%
- 1991–200014%
- 2001–200528%
- 2006–201023%
- 2011–201526%
- 2016–20217%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 68.1%
- Born outside Canada
- 45.3%
- Hold a degree or higher
- 52.9%
- Employment rate
- 6.2%
- Commute by transit
- 86.6%
- Commute by car
- 1.3
- Children per family
- $60,400
- Median income after tax
- $82,100
- Average household income
- 21.9%
- Living on a low income
- $1,940/mo
- Renters pay, per month
- $1,390/mo
- Owners pay, per month
- $600,000
- Median home value at census
- 51.2%
- Renters spending 30%+ of income on housing
- 41.4%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 1 census area inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap
