1 Villa Ada DR Active

Markham,ON L6B 1N7

$ 2280000

6 Beds

7 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

MLS Listing ID N8470430

Style 3-Storey

Bedrooms 6

Annual Tax Amount $11,939

Tax Year 2024

Property Description

Welcome to an exceptional investment opportunity in the heart of a Tarion 2017 Homeowners Choice Award Winning community, crafted by Arista Homes. This expansive three-unit property combines the best of residential and commercial spaces, offering a unique live/work lifestyle with no maintenance fees.The property features a commercial unit on the ground floor, ideal for business ventures, complemented by two spacious 3-bedroom residential units, each with separate entrances for privacy and convenience.Enjoy impressive rental income potential from all three units, making it a lucrative opportunity for investors or those seeking multi-family living arrangements.Situated on a premium corner lot, the ground floor boasts soaring 11-foot ceilings, enhancing the spaciousness and appeal of the commercial space. The second level offers 9-foot ceilings, ensuring a bright and airy atmosphere throughout.Enhanced with numerous upgrades straight from the builder, including a fully interlocked exterior and an extended driveway providing ample parking space, this property promises both aesthetic charm and practical functionality.Conveniently located near all amenities, this property is poised to deliver a rental income of approximately $100,000 per year, making it an irresistible prospect for savvy investors and business owners alike.Don't miss out on this exceptional opportunity to own a versatile property that combines luxury living with income-generating potential.

Location

Province ON

County York

Area Box Grove

Rooms

Family Room Yes

Basement None

Kitchen 2

Interior

Interior Features Air Exchanger,Auto Garage Door Remote,In-Law Suite,Separate Heating Controls

Cooling Central Air

Fireplace Yes

Heat Source Gas

Exterior

Garage Private Double

Garage Spaces 5.0

Pool None

Roof Type Asphalt Rolled

Total Parking Spaces 7

Building

Unit Features Clear View,Hospital,Public Transit,School Bus Route,Terraced,Golf

Foundation Concrete

Others

Security Features Carbon Monoxide Detectors,Security System,Monitored

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