Available - For Sale
Listing ID: N8470430
1 Villa Ada Dr , Markham, L6B 1N7, Ontario


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."
Extras:   three addresses: 1 Villa Ada Drive & 2 John Rudkin Ln & 4 John Rudkin Ln with three mail box.
Price $2,280,000
Taxes: $11939.40
Address: 1 Villa Ada Dr , Markham, L6B 1N7, Ontario
Lot Size: 38.80 x 86.50 (Feet)
Directions/Cross Streets: 9th Line / Hwy 407
Rooms: 13
Bedrooms: 6
Bedrooms +:
Kitchens: 2
Family Room: Y
Basement: None
Approximatly Age: 0-5
Property Type: Triplex
Style: 3-Storey
Exterior: Brick
Garage Type: Built-In
(Parking/)Drive: Pvt Double
Drive Parking Spaces: 5
Pool: None
Approximatly Age: 0-5
Approximatly Square Footage: 5000+
Property Features: Clear View, Golf, Hospital, Public Transit, School Bus Route, Terraced
Fireplace/Stove: Y
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Laundry Level: Upper
Sewers: Sewers
Water: Municipal
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ALPHA SOLD REALTY
Personal Picture
Ram Rajendram
Broker
Dir:
(416) 737-7700
Bus:
(416) 733-2666
Fax:
(416) 733-7780
 
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At a Glance:
Type: Freehold - Triplex
Area: York
Municipality: Markham
Neighbourhood: Box Grove
Style: 3-Storey
Lot Size: 38.80 x 86.50(Feet)
Approximate Age: 0-5
Tax: $11,939.4
Maintenance Fee: $0
Beds: 6
Baths: 7
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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