$980,000 - 1331 Major Mackenzie Drive Unit 121, Vaughan
Condo for Sale in Vaughan
56 days on market- MLS Number
- N13025490
- Property Type
- Condo
- Status
- active
- Days on Site
- 56
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Vaughan
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY ELITE REALTY
Experience the perfect harmony of modern luxury and natural tranquility in this stunning 3-bedroom executive townhouse. Nestled in the highly sought-after Patterson community, this residence offers the rare privilege of backing onto a serene ravine, providing a breathtaking backdrop to your daily life. The interior is defined by elegance and flow, featuring a generously sized living room anchored by rich hardwood floors that extend throughout the home. At the heart of the house, the modern kitchen stands out with stainless steel appliances. Designed with a focus on privacy and comfort, the layout boasts two Primary-sized bedrooms, each accompanied by its own private ensuite. Beyond the interior, the home invites you to enjoy the outdoors from two private terraces, both overlooking the quiet ravine. Practicality is just as important as style here, with the added convenience of a second-floor laundry room and direct access to the garage from inside the home. The location is truly second to none, just steps from the YRT and within easy reach of a GO Train. With a shopping plaza directly across the street and minutes to major highways, everything you need is at your fingertips. You are also within walking distance of schools, lush community parks, the Lebovic Campus, and the prestigious Eagle Nest Golf Club. This is more than just a home; it is a sophisticated sanctuary in the heart of one of the city's most desirable neighborhoods.
Estimate your monthly payments for this property
Estimated Payment
$5,027.91/mo
Includes CMHC insurance ($27,342)
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 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
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.
1331 Major Mackenzie Drive Unit 121, Vaughan
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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 $544/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 56 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 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.
Investment Perspective
Looking at this as an investment: Vaughan properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,083 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.