1 Villa Ada Dr

1 Villa Ada Dr
1 Villa Ada Dr
1 Villa Ada Dr
+37
6
 bed
7
 bath
7
 parking
-
 sqft
Triplex
$2,280,000
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$2,280,000
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Size
-
Lot size
311.78 sqm
Street frontage
E
Possession
TBA
Price per sqm
-
Taxes
$11,939.4 (2024)
Parking Type
Garage
Style
3-Storey
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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.

EXTRAS: three addresses: 1 Villa Ada Drive & 2 John Rudkin Ln & 4 John Rudkin Ln with three mail box.
Broker: RE/MAX ALPHA SOLD REALTY
MLS®#: N8470430
Property details
Parking:
7
Parking type:
Garage
Property type:
Triplex
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
+465 sqm
Lot front:
11.89 M
Lot depth:
26.52 M
Listed on:
Jun 22, 2024
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Rooms
LevelNameSizeFeatures
Ground
Office
0.0 x 0.0 m
2 Pc Bath, Large Window, Wet Bar
Instant estimate:
orto view instant estimate
$26,320
higher than listed price
i
High
$2,352,446
Mid
$2,306,320
Low
$2,175,181
Adam Linden
Broker
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: N8470430
Listed by RE/MAX ALPHA SOLD REALTY

About 1 Villa Ada Dr

Located at 1 Villa Ada Dr, this Markham triplex is available for sale. This (around) 5000 sqft triplex was listed at $2280000 in June 2024 and has 6 beds and 7 bathrooms. 1 Villa Ada Dr resides in the Markham Box Grove neighbourhood, and nearby areas include Legacy, Sherwood-Amberglen, Cornell and Rouge River Estates.

Nearby grocery options: Walmart Supercentre is a 4-minute walk.

Transit riders take note, 1 Villa Ada Dr, Markham is only steps away to the closest public transit Bus Stop (COPPER CREEK DR / RIZAL AV) with route Highway 7, route Milliken, and more.