$499,900

For sale

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#267 1 Sun Yat-Sen Avenue, Markham (Milliken Mills East) - Single Family for Sale

#267 1 Sun Yat-Sen Avenue, Markham (Milliken Mills East), Ontario, L3R5K9

1 bed1 bath0 parking ft²

#33 109 Sunrise Drive, Markham (Milliken Mills East), Ontario, L3R1A1

2 bd1 ba1 pk850 ft²+$224/mo

Listed by FIRST CLASS REALTY INC.

#117 7373 Kennedy Road, Markham (Milliken Mills East), Ontario, L3R1H6

For sale

23 days ago

$559K

#117 7373 Kennedy Road, Markham (Milliken Mills East), Ontario, L3R1H6

3 bd2 ba2 pk1,100 ft²+$688/mo

Listed by KINGSWAY REAL ESTATE

#M766 2 Sun Yat-Sen Avenue, Markham (Milliken Mills East), Ontario, L3R0L6

For sale

48 days ago

$575K

#M766 2 Sun Yat-Sen Avenue, Markham (Milliken Mills East), Ontario, L3R0L6

2 bd2 ba1 pk850 ft²+$820/mo

Listed by CENTURY 21 KING'S QUAY REAL ESTATE INC.

#112 102 Faithful Way, Markham (Milliken Mills East), Ontario, L3R1A1

For salePrice drop

72 days ago

$595K$600K

↓ $5K (1%) price drop

#112 102 Faithful Way, Markham (Milliken Mills East), Ontario, L3R1A1

3 bd2 ba1,300 ft²+$242/mo

Listed by HOMELIFE NEW WORLD REALTY INC.

Investment analysis

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$499,900

Markham

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Overview

This 1-bedroom, 1-bathroom condo in Markham is for sale offering roughly 750 sq ft of space. Listed at $499,900, it is attractively priced about 13% below the $575,000 median asking price in Markham. It has been on the market 48 days, fresher than the Markham average of 54 days.

Condos for Sale in Markham →All real estate in Markham →

Description

6 Years Old Life Lease Senior Residence 55+ By Mon Sheong Foundation 720 Sq.Ft. South View One Bedroom + Den Unit With One Bathroom. First Owners. 24/7 Security On-Site. Emergency Response Service. Excellent Recreational Facilities And Social Programs. Pharmacy, Clinic, Mahjong Room, Ping Pong Table, Karaoke Room, Exercise Room, Cafeteria/Restaurant, Shuttle Bus Service To Supermarket & More. Bright Southern Exposure. Roof-Top Patio. *One Resident Must Be 55+ Age And Second One 18+. Buyer Can Be Any Age* **Basic Internet & TV Package Included** (id:66096)

Property Details

MLS®: N13798538
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $808/mo
Fee Includes: Cable TV, Heat, Electricity, Water, Insurance
Ownership: Leasehold
Property Tax: $2,421.2/yr
Listed: 48 days ago

Market Timing

Days on market

48d

Markham (Milliken Mills East) listings, avg age

54d

Price / ft²

$667

List price

$500K

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (L3R)

This home lists at $499,900, about 5.4× the local median household income of $93,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 5% above the area median.

Median household income: $93,000
Population: 62,060
Median age: 46.4
Owner / renter: 83% / 17%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L3R)

$499,900· $667/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$202/mo

Condo fee$808/mo

Total monthly$3,643

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#267 1 Sun Yat-Sen Avenue, Markham (Milliken Mills East) - Single Family for Sale

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