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Michael Tzakas

Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage Independently owned and operated. 685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6 Cell: 416-561-3911Office: 416-494-7653

$2,280,000
Available - For Sale
Listing ID: N8470432
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 addrees: 1 villa ada DR & 2 John Rudkin Ln & 4 John Rudkin Ln also with Three mail Box.
Price $2,280,000
Taxes: $11939.45
Tax Type: Annual
Occupancy by: Tenant
Address: 1 Villa Ada Dr , Markham, L6B 1N7, Ontario
Postal Code: L6B 1N7
Province/State: Ontario
Lot Size: 40.60 x 90.10 (Feet)
Directions/Cross Streets: Box Grove & Hwy 407
Category: Store With Apt/Office
Building Percentage: Y
Total Area: 5089.00
Total Area Code:  Sq Ft
Office/Appartment Area: 1093
Office/Appartment Area Code: Sq Ft
Industrial Area: 0
Office/Appartment Area Code: Sq Ft Divisible
Retail Area: 1095
Retail Area Code: Sq Ft
Area Influences: Major Highway   Rec Centre
Approximatly Age: 0-5
Franchise: N
Days Open: 7
Hours Open: BTA
Sprinklers: Part
Rail: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: N
Elevator Lift: None
Sewers: San+Storm Avail
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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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
Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
 
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At a Glance:
Type: Com - Store W/Apt/Office
Area: York
Municipality: Markham
Neighbourhood: Box Grove
Style:
Lot Size: 40.60 x 90.10(Feet)
Approximate Age: 0-5
Tax: $11,939.45
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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