1 Villa Ada Drive Markham ON L6B 1N7
$ 2,280,000

Listing ID

#N8470430

Property Type

Triplex

Property Style

3-Storey

County

York

Neighborhood

Box Grove

Days on website

202

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
Financial Information
List Price:  $ 2280000
Taxes:  $ 11939
Property Features
Air Conditioning:  Central Air
Approximate Age:  0-5
Approximate Square Footage:  5000 +
Exterior:  Brick
Foundation Details:  Concrete
Fronting On:  East
Garage Type:  Built-In
Heat Source:  Gas
Heat Type:  Forced Air
Interior Features:  Air Exchanger, Auto Garage Door Remote, In-Law Suite, Separate Heating Controls
Lot Shape:  Irregular
Parking Features:  Private Double
Property Features/ Area Influences:  Clear View, Golf, Hospital, Public Transit, School Bus Route, Terraced
Roof:  Asphalt Rolled
Sewers:  Sewer
Sprinklers:  Carbon Monoxide Detectors, Monitored, Security System
Listed By:     RE/MAX ALPHA SOLD REALTY