11840 Keele Street Unit Building #2, Vaughan

Price: $95,000

1 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N12733540

Modern freestanding modular unit offering approximately 1,400 square feet of finished, versatile space. Currently configured as a professional office, this structure presents an excellent opportunity for conversion to a modular home or alternative residential use. The layout features multiple rooms with an open-concept flow, allowing for flexible reconfiguration to suit a variety of needs. The interior includes tile and hardwood flooring, fresh paint, and floor-to-ceiling windows that provide abundant natural light and a bright, welcoming atmosphere. A full kitchen is already installed. Plumbing is not currently connected but can be readily installed to service the kitchen. A portable 3-piece washroom is available for purchase at an additional cost, with the unit but is not currently connected. The exterior is finished in modern stucco, offering a clean and contemporary appearance. The unit is ideal for buyers seeking a modular structure with potential for residential use, guest accommodation, or secondary dwelling. A unique opportunity to acquire a well-finished modular unit with strong adaptability and future potential.

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$95,000 - 11840 Keele Street Unit Building #2, Vaughan

Detached for Sale in Vaughan

135 days on market
1Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N12733540
Property Type
Detached
Status
active
Days on Site
135
Bedrooms
1
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Vaughan
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Modern freestanding modular unit offering approximately 1,400 square feet of finished, versatile space. Currently configured as a professional office, this structure presents an excellent opportunity for conversion to a modular home or alternative residential use. The layout features multiple rooms with an open-concept flow, allowing for flexible reconfiguration to suit a variety of needs. The interior includes tile and hardwood flooring, fresh paint, and floor-to-ceiling windows that provide abundant natural light and a bright, welcoming atmosphere. A full kitchen is already installed. Plumbing is not currently connected but can be readily installed to service the kitchen. A portable 3-piece washroom is available for purchase at an additional cost, with the unit but is not currently connected. The exterior is finished in modern stucco, offering a clean and contemporary appearance. The unit is ideal for buyers seeking a modular structure with potential for residential use, guest accommodation, or secondary dwelling. A unique opportunity to acquire a well-finished modular unit with strong adaptability and future potential.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$487.40/mo

Includes CMHC insurance ($2,651)

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5-yr fixed avg.

Principal: $85,500Interest: $58,069
Mortgage Amount$88,151
Total Interest$58,069
Est. Property Tax$67/mo
Total Cost$146,220

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.

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Neighbourhood Guide: Vaughan

Discover Vaughan

Vaughan 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 Vaughan

  • Convenient location in Vaughan
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Vaughan 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.

70
Walk Score
Varies
Price Range

11840 Keele Street Unit Building #2, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,000/mo
Range: $1,700 - $2,300
Cap Rate (ROI)
24.2%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,000
Maintenance Fees-$0
Property Tax (est.)-$67
Insurance (est.)-$20
Net Cash Flow+$1,913

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $86/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.

Negotiation Opportunity

At 135 days on site, this property has exceeded the typical selling timeline for Vaughan. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Vaughan are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    11840 Keele Street Unit Building… — $95,000 | Battaglia Team