Homes for sale - 1 Villa Ada DR, Markham, ON L6B 1N7

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Mahesh Khatri

mkhatri.teammahesh@gmail.com +1(416) 464-6568

$ 2,280,000

Est. payment | -/mo

6 Beds

7 Baths

Save

$ 2,280,000

Est. payment | -/mo

Save

6 Beds

7 Baths

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

Community Box Grove

Area York

Region Box Grove

City Region 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

Parking Features Private Double

Garage Spaces 5.0

Pool None

Roof Type Asphalt Rolled

Lot Depth 86.5

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

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

1 Villa Ada DR Markham, ON L6B 1N7