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. |
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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX ALPHA SOLD REALTY |
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Book Showing | Email a Friend |
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 |
Beds: | 6 |
Baths: | 7 |
Fireplace: | Y |
Pool: | None |