307-326 Major Mackenzie Drive, Richmond Hill, ON
Crosby, Richmond Hill · MLS® N13729552
About this home
Welcome to Mackenzie Square Condominiums. All utilities and cable included in maintenance fees.This bright and spacious 2+1 bedroom, 2-bath suite offers nearly 1,100 sq.ft. of comfortable living space. The versatile den and solarium can easily be converted into additional bedroom, making this layout ideal for families, downsizers, or those working from home.Features a large primary bedroom with a 4-piece ensuite, a rare walk-in pantry, and views of the landscaped grounds. Well-managed building with 24-hour concierge, indoor pool, fitness centre, tennis courts, party room, library, and a renovated pool area coming soon. Maintenance fees include heat, hydro, water, and building insurance
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13729552
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1000-1199
- Cross streets
- Young St / Major Mackenzie
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Maintenance
- $1,228/mo
- Exposure
- North
- Property tax
- $1,856 / 2025
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
hardwood floor · combined w/solarium · north view
walk-in closet(s) · 4 pc ensuite · double closet
4 pc ensuite · double closet · closet organizers
hardwood floor · large window
tile floor · separate room · double closet
Listed at $519,000. My estimate lands at $483K. The ask is about 7% ahead of that, which usually means the seller is pricing in the finishes, the lot, or simply room to negotiate. Worth a close look at what justifies it before you offer.
Total price vs nearby homes. Fair value about $483K, median of 5 comparables.
The market behind the math:
Price per square foot: this home lists at $472/sqft against an area asking average of $500/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 5 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $452K, a close match.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($472/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 5 comparable homes nearby.
Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.
Per square foot, these ask about $483/sqft; this home lists at $472/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Crosby, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Richmond Hill.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of August 31, 2026); conventional rates run a little higher.
Mortgage amount $415,200 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,238
- Property tax
- $155
- Condo / maintenance fees
- $1,228
- Heating
- $0
- Estimated monthly cost
- $3,621
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,855
- Estimated closing costs
- $6,855
Plus your down payment of $103,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $134,303
- Principal paid down
- $52,256
- Interest paid
- $82,047
- Balance remaining
- $362,944
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.