A pic from exterior of the house or condo, the street view for 1 Villa Ada Dr, Markham Ontario L6B 1N7
182 days on Market

1 Villa Ada Dr, Markham, Ontario L6B 1N7

Townhouse
6
7
~5000+ sqft
$2,280,000
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Townhouse
6
7
~5000+ sqft

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Highlights

Estimated ValueNot available

Price/Sqft$228/sqft

Est. Mortgage$9,792/mo

Tax Amount (2024)$11,939/yr

Days On Market182 days


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.


Property Details

Style3-Storey
View-
Age of property0-5
SqFt~5000+ SqFt
Lot Size3,356 SqFt(86.5 x 38.8)
Parking Spaces7
MLS ®NumberN8470430
Community NameBox Grove
Data SourceTRREB
Listing byRE/MAX ALPHA SOLD REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace

Ground Floor

Office

0.00 x 0.00

2 Pc Bath / Large Window / Wet Bar


Features

Lot size: 3,356 SqFt

Parking

Garage spaces 2

Garage type Built-In

Other parking spaces 5

Total parking spaces 7


Property listed by RE/MAX ALPHA SOLD REALTY, Brokerage

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Market Data - Box Grove

Balanced Market

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

23 days

Compared to

2023

28 days

2022

0 day

2021

7 days

New Listings

Past 30 days

9 listings

Compared to

2023

2 listings

2022

0 listing

2021

2 listings

Units sold

Past 30 days

2 units

Compared to

2023

2 units

2022

0 unit

2021

2 units

Median Sold Price

Past 30 days

$972,500

Compared to

2023

$1,101,500

2021

$1,207,500


Schools and amenities

Estimated Budget