1 Villa Ada Drive
Markham (Box Grove), ON L6B 1N7
- 6Bedrooms
- 7Bathrooms
- 7Parking
- 5000 +Sq Ft
- $11,939Tax
- 39×87 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 1 Villa Ada Drive, Markham, Box Grove
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2024-06-22 | 2025-01-31 | Login to See Prices | Expired | n8470430 |
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 1 Villa Ada Drive, Markham, Box Grove
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $11,939
- Land Transfer Tax Fee
- $43,475
Rental Items
- Rental Equipment
- Hot water tanks
- Basement Type
- None
Interior Features
- Laundry Level
- Upper Level
- Interior Extras
- Air Exchanger, Auto Garage Door Remote, In-Law Suite, Separate Heating Controls
- Security Features
- Carbon Monoxide Detectors, Security System, Monitored
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Clear View, Hospital, Public Transit, School Bus Route, Terraced, Golf
Building
- Building Type
- Multiplex
- Building Style
- 3-Storey
- Approx Age
- 0-5
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Rolled
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 38.80 ft
- Lot Depth
- 86.50 ft
- Lot Shape
- Irregular
Inclusions
- Inclusions
- 2 Set Of Kitchen Appliances: Stoves, Dishwashers, Fridges, Rangehoods; 2 Set Of Washers & Dryers; 3 Set Of A/Cs; 3 Set Of Furnaces;
Parking & Garages
- Garage Type
- Built-In
- Garage Spaces
- 2
- Parking Spaces
- 5
- Total Garage And Parking Spaces
- 7
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 6
- Washrooms
- 7
- Kitchens
- 2
- Family / bonus room
- Yes
Room sizes
- Office—Ground level, 2 Pc Bath, Large Window, Wet Bar
- Room—Main level
- Room—Main level
- Room—Main level
- Room—Upper level
- Room—Upper level
- Room—Upper level
- Room—Main level
- Room—Main level
- Room—Main level
- Room—Upper level
- Room—Upper level
Washrooms
- 2-piece, Ground
- 2-piece, Main
- 3-piece, Upper
- 4-piece, Upper
- 5-piece, Upper
- Municipality
- Markham
- Neighbourhood
- Box Grove
- Main cross streets
- 9th Line / Hwy 407
- Zoning
- Residential and commercial
- MLS® number
- N8470430
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-01-31
- Listed on
- 2024-06-22
- Days on market
- 223 days
- Possession type
- To Be Arranged
- Co-op commission
- 2.5%
- Seller
- Listed by
- RE/MAX ALPHA SOLD REALTY
Home Market Value
Current home valuation for 1 Villa Ada Drive, Markham, Box Grove, Markham, ON. Listed for $2,280,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 1 Villa Ada Drive, Markham, Box Grove
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$456,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,824,000 | $1,710,000 | $1,596,000 | $1,482,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $8,906monthly | $8,349monthly | $7,792monthly | $7,236monthly |
Land Transfer Tax
$43,475
$43,475
Around this home
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