8 Villa Ada Drive, Markham, ON
Property Highlights
Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of Box Grove. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,359,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 7 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 24.61 x 86.42 ft lot
- 5.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Live & Work Opportunity * Nearly 4,000 Sq. Ft. * 3 Self-Contained Units * 2 Residential Suites + Commercial Space * Income Potential * Street Front Exposure* Exceptional live/work property offering nearly 4,000 sq. ft. of versatile space with three fully self-contained units, each with its own private entrance. Designed for flexibility, the property features two modern two-storey residential suites, each offering 2 bedrooms, 3 bathrooms, open-concept main floors, ensuite laundry, and private terraces accessed from both the living area and primary bedroom. The ground level is a bright, open-concept commercial space with impressive 12-foot ceilings, outstanding street-front exposure, and an accessible washroom, making it well suited for a wide variety of professional, retail, studio, or service-based uses. Whether you're an investor seeking multiple income streams, an entrepreneur looking to combine business and home, or an owner-operator wanting maximum flexibility, this property delivers exceptional value. Live in one residence, run your business from the commercial space, and generate rental income from the second residential suite, or lease all three units to maximize investment potential. A rare opportunity offering flexibility, functionality, and long-term income potential in one distinctive property.
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Property Summary
This multiplex located at 8 Villa Ada Drive, Markham is currently for sale and has been available on SousaSells for 13 days. This property is listed at $1,359,000 with an estimated mortgage of $4,524* per month. It has 4 beds, 7 bathrooms, and is 3500-5000 square feet. 8 Villa Ada Drive, Markham is in the Box Grove neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 7 bathrooms, this home offers ample space and comfort for growing families in Box Grove, Markham.
- •4 spacious bedroom layout offering versatile living space
- •7 well-appointed bathrooms
- •3500-5000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Box Grove, Markham.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 8 Villa Ada Drive, Markham, ON
Q.What is the asking price for 8 Villa Ada Drive, Markham, ON ?
The current listing price for 8 Villa Ada Drive, Markham, ON in Box Grove, Markham is $1,359,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 7 bathrooms across approximately 3500-5000 sqft.
Q.What property type and architectural style is 8 Villa Ada Drive, Markham, ON ?
8 Villa Ada Drive, Markham, ON is a Multiplex (3-Storey) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Built-In).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 8 Villa Ada Drive, Markham, ON L6B 1N7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Markham, ON
For a property listed at $1,359,000 in Markham, the legal minimum down payment is $271,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $23,655 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $23,655.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.