$ 2,280,000
1 Villa Ada DR Markham, ON L6B 1N7
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,280,000
Est. payment /mo
Active
1 Villa Ada DR Markham, ON L6B 1N7
6 Beds
UPDATED:
06/23/2024 06:10 AM
Key Details
Property Type Single Family Home
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. Contact us today for a private viewing and secure your investment in Markham's thriving real estate market."
Location
Province ON
County York
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
Exterior
Garage Private Double
Garage Spaces 5.0
Pool None
Waterfront No
Roof Type Asphalt Rolled
Parking Type Built-In
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