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263 1 Sun Yat Sen Boulevard
Milliken Mills East Markham L3R 5K9

$399,900
Residential Condo & Other beds: 1 baths: 1.0

Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
N12906990
Bedrooms:
1
Bathrooms:
1
Attn : Seniors/Seniors' Adult Children/investors * Priced to sell - list price well below market price * Mon Sheong Court, demand seniors residence * *Original owner * N-O-T Estate Sale * Seller moved to bigger unit in same building* ~670 sf, 1 BR/1 Bath unit * Bright, functional layout * Low floor, no elevator problem * Condo-style retirement building/suites for 55+ independent seniors, NOT to be confused with Long Term Care Centre * Suites equipped with senior-inspired features * Recreation facilities incl: recreation/dining room, concierge/security, mahjong room, exercise room, games room, media room * Lots of recreation programs : tai-chi, line dance, bridge, bingo, Cantonese opera, badminton hobby group, Karaoke workshop, religious group, singing skills exchange, morning & evening exercise, coffee mornings & more* Life Lease unit, Buyer can be 18+, resident must be 55+, 2nd resident must be 18+ * Maintenance fee incl: Hydro, heat, central air, water * Laminate floor (LR/DR/Kit/BR) * Advantages of buying retirement home: (1) Lower property tax (2) No land transfer tax (3) Buyer can register interest in life lease on development (4) Owner can sell / lease at market value in the future (5) Ability to bequeath unit to beneficiary * Senior housing offers best of both worlds - end user or investor - Canada's senior population is expected to hit 5.3 million over the next 10 years, growing by 1.7 million during that period" *Yet there is a stark shortage of new seniors housing residences being developed "Developers not building enough senior housing". As an investment, "Investment in seniors housing soaring", "senior housing is projected a higher net operating income growth than many other real estate class through 2030", quoted from articles on "Investment in seniors housing soaring", "A Big Year for Seniors Housing Investment : 2026 To Be Even Better", "Is Canada Entering A "Golden Ear" For Investing in Seniors Housing? (please see attachments)
Property Type:
Residential Condo & Other
Property Sub Type:
Leasehold Condo
Home Style:
Apartment
Total Approx Floor Area:
600-699
Exposure:
North
Bedrooms:
1
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
4
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
2
Balcony:
None
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
0.0
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
None
Family Room:
No
Possession Details:
Immediate/Flexible
HST Applicable To Sale Price:
Not Subject to HST
Maintenance Fee:
$610
Maintenance fees include:
Heat Included, Hydro Included, Water Included, Cable TV Included, CAC Included, Common Elements Included, Building Insurance Included
Taxes:
$1,800 / 2025
Assessment:
$- / -
York
Markham
Milliken Mills East
Public Transit
Carpet Free
Concierge/Security
Yes-with Restrictions
Incl : Existing : electric light fixtures, fridge, stove, washer, dryer * Seller will gift 2 new senior sensor products to buyer on closing : portable personal alarm, door stopper alarm (see photos)
Concrete
Exercise Room, Game Room, Visitor Parking, Concierge, Recreation Room, Elevator
Yes
Bath Grab Bars, Shower Stall
Special Designation:
Unknown
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
Ensuite
Condo Corporation Number:
0
Property Management Company:
Mon Sheong Court Property Management 905-305-8178
Building Name:
Markham Mon Sheong Court
Date Listed:
Mar 22, 2026
Original Price:
Previous Price:
Listed by MARKHAM CENTRE REALTY INC.
Data was last updated March 22, 2026 at 12:15 PM (UTC)
DARYL  KING
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Explore Condominiums for Sale in Markham

From boutique mid-rises to full-service high-rises, Markham’s condo market caters to diverse tastes and budgets. Most units include stylish finishes, open layouts, and easy access to essential amenities.

Modern floor plans with open-concept living spaces
On-site amenities like gyms, party rooms, and concierge services
Walkable locations near Main Street, Markville Mall, and Viva Transit
Secure parking, balconies, and low-maintenance lifestyles

Why Buy a Condo in Markham?

Markham offers one of the most balanced real estate markets in the GTA. It’s home to top-rated schools, major employers, and vibrant cultural attractions – making it a prime spot for long-term value.

What to Know Before Buying

When buying a condominium in Markham, consider monthly maintenance fees, building age, reserve fund status, and future development nearby. A knowledgeable local agent can help you navigate the options and invest wisely.

Explore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Condominiums for Sale in Markham

1. What is the average price of a condominium in Markham?
Condo prices in Markham generally range from $550,000 to $900,000 depending on size, location, and building features.

2. Are there new condo developments in Markham?
Yes, Markham has several new and pre-construction condos in areas like Unionville, Downtown Markham, and Cornell.

3. Is Markham a good place to invest in condos?
Absolutely. With its growing tech sector, strong rental market, and desirable schools, Markham offers excellent long-term investment potential.

4. What amenities do Markham condominiums typically include?
Most condos offer fitness centers, party rooms, concierge services, parking, and secure access.