29 Luzon Avenue

Nestled in the charming community of Box Grove, this impressive Multi-Family Home for sale in Markham at 29 Luzon Avenue, Markham, is a fantastic opportunity for those looking to invest in a versatile property. Spanning an expansive 4000 square feet, this multiplex building is designed with a unique live-work concept that caters to a variety of lifestyles and needs. The exterior is a delightful combination of brick and stone, providing a sturdy and attractive façade that complements the surrounding area.

As you approach the property at 29 Luzon Avenue, Markham, you'll immediately notice its strategic location at the intersection of Copper Creek and 9th Line, making it easily accessible for both residents and visitors. This Multi-Family Home for sale in Markham features three self-contained units within one freehold townhouse, offering a blend of commercial and residential spaces that are perfect for generating stable rental income.

The standout feature of this property is the bright street-front commercial space, which spans over 800 square feet. This finished area is ideal for a small business or office, providing a seamless transition between work and home life. The two residential suites, each boasting two bedrooms, are designed for comfort and functionality, measuring 1533 square feet and 1663 square feet respectively. Each unit has its own separate entry, ensuring privacy for all occupants.

Inside the residential suites, you'll find a host of appealing features. The units are designed with 9-foot ceilings that create a spacious and airy atmosphere, while the ensuite laundries (two in total) add a level of convenience that is hard to beat. Each suite also includes 2.5 bathrooms, making it easy for families or tenants to share without the hassle of overcrowding. Numerous terraces and balconies provide lovely outdoor spaces for relaxation and enjoyment, perfect for soaking up the sun or entertaining guests.

While this Multi-Family Home for sale in Markham does not include a family room, the layout of the units allows for ample living space, ensuring that residents can enjoy their own areas for leisure and relaxation. The property is unfurnished, providing a blank canvas for new owners to personalise the space to their liking. With central air conditioning and forced air heating, comfort is guaranteed throughout the seasons.

Parking is a breeze with a built-in double garage that accommodates two vehicles, along with four additional parking spaces, making a total of six spots available for residents and guests. The lot measures 25 X 84 feet, providing enough outdoor space without overwhelming maintenance requirements. It's worth noting that there is no pool or fireplace on the property, but the absence of these features allows for a more straightforward upkeep.

Situated in the vibrant city of Markham, this Multi-Family Home for sale in Markham is conveniently located near a mall, a variety of restaurants, and easy access to Highway 407 and public transit. This prime location not only enhances the appeal of the property but also ensures that it remains a desirable choice for potential tenants.

In summary, 29 Luzon Avenue, Markham, is an exceptional Multi-Family Home for sale in Markham that offers a unique blend of residential and commercial spaces. With its well-thought-out design, spacious units, and prime location, this property presents an excellent opportunity for investors or those seeking a multi-generational living arrangement. Don’t miss your chance to own this remarkable property in the heart of Box Grove, where community living meets convenience and comfort.

Box Grove is a charming suburban enclave located within the city of Markham, Ontario, offering a harmonious blend of natural beauty and modern amenities. Nestled amidst lush greenery and scenic parks, this picturesque area boasts well-planned residential developments that cater to families and individuals alike. With convenient access to major roadways, Box Grove provides an ideal setting for commuters while still maintaining a peaceful atmosphere. Residents can enjoy a variety of local shops, dining options, and recreational facilities, making it a delightful place to call home. The community's commitment to preserving its natural surroundings, combined with a strong sense of neighbourhood spirit, makes Box Grove an attractive choice for those seeking a balanced lifestyle.

Schools in the Neighbourhood

This property is conveniently located near a variety of educational institutions, making it an ideal choice for families. Within a short distance, you'll find Legacy Public School, an elementary school offering grades JK to 8, just 1.1 km away, with a solid school rating of 7.6. For secondary education, Markham District High School, rated 8.7, is only 2.4 km from the property, ensuring quality education for older students. Other nearby elementary options include Reesor Park Public School and Franklin Street Public School, with French language programs and ratings of 5.4 and 8, respectively. Bill Hogarth Secondary School, also nearby, offers a French curriculum for grades 9 to 12 and has a commendable rating of 8.4. Additionally, the area is served by several Catholic schools, including Sir Richard W. Scott CES, which is well-rated at 8.2 and offers English instruction for younger students. Overall, the proximity to these schools reflects a strong educational environment, making this property an attractive option for families prioritizing education.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 10,353 residents, with an average household size of 3.9 individuals. The community is relatively young, with an average age of 37.2 years. The economic landscape is robust, highlighted by an average household income of $152,000, and a low-income rate of only 5.6%. The average property price in the area stands at $1,220,000, indicating a strong real estate market. A significant portion of the population, 66.19%, comprises households with children, and 37.36% of residents are single. The area is diverse, with 55.22% of its inhabitants being immigrants, contributing to a rich cultural fabric. Renters represent 12.31% of the population, while condominiums make up a mere 1.7% of housing options. Education is highly valued, as evidenced by 52.99% of residents holding a college or university degree. However, it is notable that 36.59% of the population is not in the labor force, which may reflect various factors, including student status, retirement, or other personal circumstances. Overall, this demographic profile suggests a vibrant, family-oriented community with a strong emphasis on education and economic stability.