263 1 Sun Yat Sen Boulevard
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
- Photos (20)
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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 as per plan * Bright, functional layout * Low floor, no elevator problem * Condo-style life lease senior residence designed for 55+ independent seniors, NOT to be confused with Long Term Care Centre *Suites equipped w/safety features for seniors, e.g. panic button *24/7 concierge/security *Recreation facilities: Dining rm, mahjong/games rm, exercise rm, media/karaoke rm, library, pharmacy, doctor office, spa *Roof garden on 9/F *Lots of rec programs: tai-chi, line dance, bridge, bingo, Cantonese opera, badminton hobby group, Karaoke workshop, religious group, morning/evening exercise, coffee mornings & more *Life Lease unit, Buyer can be 18+, One resident must be 55+, 2nd resident must be 18+ *Maintenance fee incl: Hydro, heat, central air, water *Upgraded laminate floor (LR/DR/Kit/BR) *Advantages of buying life lease senior housing: (1) Lower property tax (2) No land transfer tax (3) Buyer can register interest in life lease on bldg (4) Owner can sell/lease at market price in the future (5) Ability to bequeath unit to beneficiary *Senior housing offers best of both worlds: For end user: 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". For investor: "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? (see attach)
- 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, cook-top, washer, dryer and all permanent fixtures owned by seller free from encumbrances *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
-
Very functional layout, no wasted space -
Open concept Living/Dining/Kitchen
-
Upgraded laminate floor, LR & BR with window
-
Kit w/SS double door fridge, 4-element cooktop, DW
-
Grab bars & panic button in bathroom, shower stall
-
Can fit shelf in laundry rm for laundry essentials
-
Panic button in Bedroom
-
Various rec facilities for seniors enjoyment
-
Multi-purpose Room (for Tai-chi, line dance etc)
-
Library for quiet moments
-
Media/Karaoke Room
-
Very spacious Dining Room offering delicious menu
-
Mahjong/Cards Room
-
Pharmacy
-
Doctor's Office
-
Wellness Spa
-
Panic button in bathroom
-
Gift to buyer on closing : Door Stopper Sensor
-
EPP (Electron Device) for resident to carry
-
Gift to buyer on closing : Portable Personal Alarm
Listed by MARKHAM CENTRE REALTY INC.
Data was last updated March 25, 2026 at 06:15 PM (UTC)
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