8 Villa Ada Drive, Markham, ON

$1,299,000
MLS#:N13498758
4 beds
7 baths
3500-5000 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of Box Grove. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,299,000 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

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.

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Key Features

Bedrooms
4
Bathrooms
7
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/28/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style3-Storey
ConstructionBrick
BasementNone
Lot Size24.61 × 86.42 Feet
CountyYork
Annual Tax$10,190.79
Legal DescriptionPLAN 65M4496 PT BLK 14 RP 65R37470 PART 3

Parking & Garage

Parking Spaces5.0
Garage Spaces3
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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8 Villa Ada Drive, Markham, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 8 Villa Ada Drive, Markham, ON L6B 1N7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

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Interest Rate5.25%
Down Payment$259,800 (20.0%)
* Minimum Canadian down payment required for this price is $259,800.
Amortization Period25 Years
Estimated Monthly Payment$6,193Based on a loan of $1,039,200 over 25 years.
Purchase Price$1,299,000
Loan Amount$1,039,200
Provincial Land Transfer Tax:$22,455
Total Estimated Closing Taxes:$22,455

About Purchasing a Home in Markham, ON

For a property listed at $1,299,000 in Markham, the legal minimum down payment is $259,800 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 $22,455 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 $22,455.

Nearby Listings

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No current listings found in Markham.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Box Grove, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,297,304

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Local Schools Guide

Elementary Schools

Legacy
Public61 Russell Jarvis Drive, Markham, Ontario, L3S 4B1
8.0
David Suzuki
Public45 Riverwalk Drive, Markham, Ontario, L6B 0L9
8.5
Black Walnut
PublicBlack Walnut Drive, Markham, Ontario, L3S 4B1
8.4
William Armstrong
Public11 Major Button's Drive, Markham, Ontario, L3P 3G6
6.1
Boxwood
Public30 Boxwood Crescent, Markham, Ontario, L3S 3P7
5.8

Secondary Schools

Markham
Public89 Church Street, Markham, Ontario, L3P 2M3
8.3
Bill Hogarth
Public100 Donald Sim Avenue, Markham, Ontario, L6B 0R4
8.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.