$528K · 1+1 bed Leasehold Condo · Milliken, Toronto

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About this home

Welcome to Mon Sheong Court - a life lease community designed for residents aged 55+. This immaculate 1-Bedroom+Den, 2-Bathroom suite has been lovingly maintained and is move-in ready. Freshly painted and thoughtfully updated, the suite features smooth ceilings, modern lighting, and laminate flooring. Offering approximately 1,000-sf and a generous open-concept layout, this may be one of the best floor plans in the building. The kitchen features new cabinet doors, a brand new cooktop, and a water…

Property details

MLS#

E13450256

Status

Buy Now

Beds

1+1

Baths

2 full, 0 half

Size

1000-1199

Style

Apartment

Type

Leasehold Condo

Year built

—

Property features: Clear View, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School

View: Clear

Building name: Mon Sheong Court (Scarborough)
Condo corp #: 0
Balcony: Open
Locker: Owned
Association amenities: Exercise Room, Game Room, Media Room, Party Room/Meeting Room, Recreation Room, Visitor Parking
Fees include: Heat Included, Hydro Included, Water Included, Cable TV Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Fan Coil
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Located north of McNicoll and east of Kennedy
Basement: None
Stories: 7
Utilities: —
Laundry: Ensuite, In-Suite Laundry
Interior: Carpet Free, Primary Bedroom - Main Floor, Storage Area Lockers, Water Purifier
Parking features: —

Level	Room	Dimensions
Flat	Den	2.74m × 2.74m
Flat	Kitchen	2.44m × 2.74m
Flat	Living Room	5.18m × 6.73m
Flat	Dining Room	5.18m × 6.73m
Flat	Primary Bedroom	3.2m × 4.27m

Level

Room

Dimensions

Flat

Den

2.74m × 2.74m

Flat

Kitchen

2.44m × 2.74m

Flat

Living Room

5.18m × 6.73m

Flat

Dining Room

5.18m × 6.73m

Flat

Primary Bedroom

3.2m × 4.27m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $528,000✓ $2,076 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,161/mo

incl. closing costs (yr 1)

Annual total

$61,928

year 1

Mortgage only

$2,003/mo

principal + interest

Beyond mortgage

$2,113/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$105,600

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$173/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,280/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$89/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,035

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)39% $24,037/yr

Property taxes15% $9,111/yr

Utilities6% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,280/yr

Condo fees21% $12,840/yr

Closing costs8% $5,100/yr

Mortgage is 39% of your true cost of ownership. The other 61% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$24,037	$2,003/mo
Government & taxes
Property tax	$2,076	$173/mo
Land transfer tax(closing)	$7,035	$586/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,280	$440/mo
Condo fees
Condo / HOA fees	$12,840	$1,070/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$61,928	$5,161/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Annual costs