ON > Markham
Markham, ON L6B 1N7,1 Villa Ada DR
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Markham, ON L6B 1N7,1 Villa Ada DR
Markham, ON L6B 1N7,1 Villa Ada DR
Markham, ON L6B 1N7,1 Villa Ada DR
Markham, ON L6B 1N7,1 Villa Ada DR
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 2,280,000
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1 Villa Ada DR Markham, ON L6B 1N7

6 Beds

7 Baths

UPDATED:

11/14/2024 02:49 AM

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

Listed by RE/MAX ALPHA SOLD REALTY
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1 Villa Ada DR