$1,299,000 - 8 Villa Ada Drive, Markham
Townhouse for Sale in Markham
Popular ListingNeighbourhood: Box Grove
- MLS Number
- N13498758
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 9
- Bedrooms
- 4
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- SUPERSTARS REALTY LTD.
RARELY OFFERED & HIGHLY VERSATILE INVESTOR'S DREAM! Welcome to this architectural masterpiece delivering an impressive 4,000+ sq. ft. of premium live-work space and massive income potential, featuring 2 beautifully upgraded, self-contained residential units PLUS a high-ceiling ground-level commercial space-perfect for savvy buyers looking to run a business, live luxury-style, and generate dual rental income simultaneously. Exceptional convenience defines the exterior, which boasts a rare, spacious 2-car garage and an expansive 3-car driveway providing parking for 5 vehicles total to accommodate tenants, clients, and owners effortlessly. Both multi-level residential suites showcase ultra-efficient, open-concept layouts enhanced with premium finishes, custom wainscoting wall detailing, stylish designer light fixtures, and an abundance of natural light throughout. The gourmet, generously sized kitchens are a chef's delight, thoughtfully designed with stainless steel appliances, modern backsplashes, and large centre islands with integrated breakfast bars. Each residential unit seamlessly transitions outdoors to a large main-floor balcony perfect for relaxation, while the upper levels play host to 2 spacious, bright bedrooms and 2 pristine, modern bathrooms per unit for ultimate privacy and comfort. Situated in a high-demand area with maximum exposure for business and premium rental rates, this property enjoys unbeatable, effortless access to top-rated shops, diverse restaurants, major transit lines, scenic parks, and everyday amenities. Whether you are looking to add a powerhouse property to your investment portfolio, or want the ultimate flexibility to live and work under one roof while your mortgage is paid for, this turnkey property offers unparalleled value and long-term security.
Estimate your monthly payments for this property
Estimated Payment
$5,745.92/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Box Grove
Box Grove is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Box Grove
- •Convenient location in Markham
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Box Grove offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
8 Villa Ada Drive, Markham
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $371/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Markham have shown strong appreciation as families seek more space.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.
Bathroom Count Matters
With 7 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Box Grove
I know Box Grove well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.