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$2,280,000
Available - For Sale
Listing ID: N8470430
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.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $114,000 $228,000 $342,000 $456,000
First Mortgage $2,166,000 $2,052,000 $1,938,000 $1,824,000
CMHC/GE $59,565 $41,040 $33,915 $0
Total Financing $2,225,565 $2,093,040 $1,971,915 $1,824,000
Monthly P&I $9,531.92 $8,964.33 $8,445.56 $7,812.05
Expenses $0 $0 $0 $0
Total Payment $9,531.92 $8,964.33 $8,445.56 $7,812.05
Income Required $357,447.09 $336,162.3 $316,708.47 $292,951.9

This chart 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

1 Villa Ada Dr , Markham, L6B 1N7, Ontario

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
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
Maintenance Fee: $0
Beds: 6
Baths: 7
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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