1 Sun Yat Sen Ave 509

FOR SALE
$610,990
1 Sun Yat Sen Ave 509, Markham
1 Sun Yat Sen Ave 509
1 Sun Yat Sen Ave 509
1 Sun Yat Sen Ave 509
1 Sun Yat Sen Ave 509
1 Sun Yat Sen Ave 509
1 Sun Yat Sen Ave 509
1 Sun Yat Sen Ave 509
1 Sun Yat Sen Ave 509
1 Sun Yat Sen Ave 509
1 Sun Yat Sen Ave 509
1 Sun Yat Sen Ave 509
1 Sun Yat Sen Ave 509
1 Sun Yat Sen Ave 509
1 Sun Yat Sen Ave 509
1 Sun Yat Sen Ave 509
1 Sun Yat Sen Ave 509
1 Sun Yat Sen Ave 509
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
N11974973
MLSID
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Property Description
Rare Opportunity! Bright and Spacious 1-Bedroom plus Solarium Unit at Mon Sheong Life Lease Private Residences (55+ Only). This 1 bedroom plus Solarium unit offers a stunning north-facing view. Unit also comes with a locker storage. Recently repainted with newly installed flooring, it features an open-concept living and dining area. Designed with senior-friendly features, the bathroom is equipped with grab bars for added safety, and the unit boasts wider doorways, walk-in showers, and emergency alert buttons in both the washroom and bedroom. The building offers a variety of fantastic amenities including a Karaoke room, gym, Mahjong room, reading room, badminton court, rooftop garden, hair salon, pharmacy, and restaurant.
Nearby Intersections
Property Details
Property Type
Leasehold Condo, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,067 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Markham Market Statistics
Markham Price Trend
1 Sun Yat Sen Ave 509 is a 1-bedroom 1-bathroom condo listed for sale at $610,990, which is $20,754 (3.5%) higher than the average sold price of $590,236 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Markham declined by $14,148 (2.3%) compared to the previous 30 day period (December 22 - January 20) and down $38,718 (6.2%) from the same time one year ago.
Inventory Change
There were 75 1-bedroom condos listed in Markham over the last 30 days (January 21 - February 19), which is up 41.5% compared with the previous 30 day period (December 22 - January 20) and up 63.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Markham typically sold ($15,862) (2.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $15,347 decrease compared to the previous 30 day period (December 22 - January 20) and ($3,088) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Markham over the last 30 days (January 21 - February 19) stood at 25.3%, up from 24.5% over the previous 30 days (December 22 - January 20) and down from 63.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Markham stood at 43 days when successfully sold over the last 30 days (January 21 - February 19), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Crossroads Realty Inc.
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