1 Villa Ada Drive For Sale

Markham, Box Grove, L6B 1N7

$2,280,000

Description

Listed by RE/MAX ALPHA SOLD REALTY.

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.

three addresses: 1 Villa Ada Drive & 2 John Rudkin Ln & 4 John Rudkin Ln with three mail box.

Location

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  • Address: 1 Villa Ada Drive
  • Neighborhood: Box Grove
  • City: Markham
  • State: Ontario
  • Postal Code: L6B 1N7

Property Details

  • Property ID: N8470430
  • Property Price: $2,280,000
  • Style: Triplex, 3-Storey
  • Sq/Ft: 5000+
  • Rooms: 13
  • Bedrooms: 6
  • Bath: 7
  • Garages Spaces: 2
  • Garage: Built-In
  • Parking Spaces: 7
  • Year Built: 0-5
  • A/C: Central Air
  • Den: Y
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: Y
  • Taxes: $11,939.40 (2024)
  • Lot: 86.50x38.80 (Feet) - corner lot

Property History

This property has been sold 2 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100