1 Villa Ada Drive Markham ON L6B 1N7
Listing ID
#N8470430
Property Type
Triplex
Property Style
3-Storey
County
York
Neighborhood
Box Grove
Days on website
202
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.
List Price:
$ 2280000
Taxes:
$ 11939
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
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Direct link:
https://www.search.durhamregionhomesales.com/listings/direct/65f7f772f2f7e29f7a10a49fecef7154
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Listed By:
RE/MAX ALPHA SOLD REALTY
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Last Updated On:Friday, January 10, 2025 2:04 PM