$999,999 - 1331 Major Mackenzie Drive Unit 126, Vaughan
Condo for Sale in Vaughan
- MLS Number
- N13140534
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Vaughan
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- HOMELIFE CULTURELINK REALTY INC.
Beautifully maintained end unit executive townhome offering bright, spacious living and exceptional versatility across multiple levels with scenic ravine views. This open concept layout features a large great room seamlessly combined with the dining area and kitchen, ideal for both everyday living and entertaining. Generous bedrooms provide comfort for the whole family, while the expansive loft level is a true standout, offering incredible flexibility for hosting guests, a home office, or the potential to convert into two additional rooms to suit your needs. Pride of ownership is evident throughout, this home is extremely clean, well cared for, and move in ready. Enjoy the added benefits of an end unit, including extra windows, abundant natural light, and enhanced privacy. A finished basement provides valuable additional living space, perfect for recreation or extended use. Located in a highly desirable neighborhood with easy access to transit, GO stations, and major highways, making commuting convenient. Close to Eagles Nest Golf Club, parks, top rated schools, shopping, and everyday amenities, offering an ideal balance of lifestyle and convenience. Why settle for a smaller condo when you can own a spacious multi level home offering more flexibility, privacy and long term potential in a similar price range?
Estimate your monthly payments for this property
Estimated Payment
$5,130.51/mo
Includes CMHC insurance ($27,900)
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 126, 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 $500/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.
Market Position
At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 4 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 $4,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.