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1 Villa Ada Drive Markham ON L6B 1N7
Price $ 2,280,000
Listing ID N8470430
Property Type Triplex
County York
Neighborhood Box Grove
Beds 6
Baths 7
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 
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