{{::listingStatusInfo.daysOnMarket | timeAgo }}
 New Today
RENTED CONDITIONALLY
SOLD CONDITIONALLY
RENTED CONDITIONALLY WITH ESCAPE
SOLD CONDITIONALLY WITH ESCAPE
on {{::listingStatusInfo.soldAsOf | momentFormat }}
on {{::listingStatusInfo.soldAsOf | momentFormat }}
AS OF {{::listingStatusInfo.inactiveAsOf }}

$399,900Asking Price

1 Sun Yat Sen Boulevard 263, Markham, ON L3R 5K9 #263

Milliken Mills East, Markham

Leasehold Condo
1
Bedroom
1
Bath
0
Parking
Days on Market

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)

Thank you for your inqury! We’ll be in touch shortly about your request.
Tour this home:

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)

Key Info

  • Apartment Leasehold Condo
  • No Parking
  • Midland/Steeles
  • 600-699 Approximate Sq Feet
  • North Exposure
  • No Balcony
  • Ensuite Laundry
  • No Locker
  • Forced Air Gas Heating
  • Central Air

Property

  • $610 Monthly Condo Fees
  • Includes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance.
  • Excludes: Parking
  • Amenities: Concierge, Gym, Rec Room, Visitor Parking
  • Taxes were $1,800 in 2025
  • Possession: Immediate/Flexible

Details

  • Concrete Exterior
  • No Fireplace
  • 1 Kitchen
  • Retirement Community
  •  
  • Condo Corporation #0
  • Condo Registry Office: N/A
  • MLS #N12906990
  • MARKHAM CENTRE REALTY INC.

Extras

Room Floor Dimensions Details
Washroom1 4-Piece Bathroom in Flat

Who lives here?

Milliken Mills East, Markham is a north GTA neighbourhood notable for its singles, salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from China, India and Sri Lanka, and Cantonese, Mandarin and Tamil speakers. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 74.

Families

Kids Per Family

1.5

kids per family
in the neighbourhood.

Markham  (1.3)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

43% of residents are
single and loving it.

43% singles

Markham (39%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

12% of residents
are renters.

12% renters

Markham (15%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

32% of residents are
university grads.

32% university grads

Markham (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$114K

is the average household
income in the neighbourhood.

Markham  ($134K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 18%
Business 9%
Trades 6%
Sciences 5%
Management 5%

Immigrants

69% of residents were
born outside of Canada.

69% immigrants

Markham (60%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

China was once home to 29.4% of immigrants.
India 8.7%
Sri Lanka 6.1%
Hong Kong 6.0%
Philippines 2.6%

29.4% from China
All-time

Birthplace - Recent

China was once home to 5.1% of immigrants.
India 0.5%
Philippines 0.2%
Pakistan 0.2%
Hong Kong 0.2%

5.1% from China
Recent

Foreign Languages

Foreign Languages

Cantonese 29%
Mandarin 18%
Tamil 7%
Chinese 4%
Punjabi 2%

Religions

Religions

Christian 31%
Hindu 14%
Buddhist 9%
Muslim 6%
Sikh 3%