$1,199,000 - 2321 Major Mackenzie Drive, Vaughan
Detached for Sale in Vaughan
68 days on market- MLS Number
- N12975108
- Property Type
- Detached
- Status
- active
- Days on Site
- 68
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- STONECASTLE REALTY GROUP INC.
Located in the heart of Maple at the highly visible intersection of Keele Street and Major Mackenzie Drive, this rare mixed-use heritage property offers exceptional flexibility for both commercial and residential use. Situated on a generous 50 x 160 ft lot, the property presents outstanding exposure with steady vehicular traffic along Major Mackenzie-ideal for business owners seeking high visibility. The approximately 1,600 sq ft building features a well-maintained 2-bedroom, 2-bathroom layout, perfectly suited for a live/work arrangement or conversion to a variety of commercial uses. The depth of the lot provides ample potential for on-site parking, further enhancing its functionality for clients, customers, or tenants. Conveniently located just minutes from Highway 400, Vaughan City Hall, and Cortellucci Vaughan Hospital, as well as a wide range of major retail amenities, this property is positioned in one of Vaughan's most desirable and rapidly growing corridors. A unique opportunity for home buyers, investors, end-users, or entrepreneurs looking to establish a presence in a prime location with strong growth potential.
Estimate your monthly payments for this property
Estimated Payment
$5,303.58/mo
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.
2321 Major Mackenzie Drive, 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 $799/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 68 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.
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 $4,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.