1 Villa Ada Dr

Markham | Box Grove | L6B 1N7
  • 6
  • 7
  • 0

$2,280,000

Est. Mtg $7,731 /mo
  • Days on market

    13

  • Status

    New

Listing Broker RE/MAX ALPHA SOLD REALTY
Since listed: 0 views

Home details

MLS #:

N8470430

Property type:
Triplex
Style:
3-Storey
Taxes:
$11,939
Possession:
TBA
Lot Front:
38.8   Feet
Lot Depth:
86.5   Feet
Basement:
None |
Driveway Pkg:
5
Heat:
Gas | Forced Air

Description


1 Villa Ada Dr, , Markham, Ontario is a Triplex property in Markham and in the Box Grove community in the L6B 1N7 postal code


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..


History

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List Date End Date List Price End Price Status MLS #
2024-06 2024-06 $2,280,000 $2,280,000 New N8470430
2024-06 $2,280,000 $2,280,000 N8470432
2024-05 $2,380 $2,380 N8222958

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Markham :

Average sale price

$1,437,119

Properties sold

349

New Listings

664

Days on Market

12

Sale $ / List $

110%

Year on Year Growth

1.47%



Estimated running costs for 1 Villa Ada Dr

Based on available 3rd party data

$8861

Approximate costs per month

Mortgage
$7731 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$994 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Clear View
  • Golf
  • Hospital
  • Public Transit
  • School Bus Route
  • Terraced
Listing Broker RE/MAX ALPHA SOLD REALTY
Data Source: TRREB

Payment calculator

$8726 monthly. In association with: TD Bank
%
  • Principal and Interest
    7731 /mo
  • Property Taxes
    $994 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Darshan Kakar, Realtor

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