2321 Major Mackenzie Drive, Vaughan, ON

Maple, Vaughan · MLS® N13835554

$999,000
For Sale
Listed 21 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
5Parking
1500-2000Sq ft

About this home

In short

  • Welcome to a rare opportunity to own a charming heritage home situated on an impressive 50 x 160 ft lot in one of Maple's most desirable and convenient locations.
  • Situated within easy access to Highway 400, public transit, Cortellucci Vaughan Hospital, Vaughan Town Hall, the local library, shops, restaurants and everyday...
  • A unique combination of heritage character, an exceptional 50 x 160 ft lot, versatile zoning and an unbeatable Maple location.

Welcome to a rare opportunity to own a charming heritage home situated on an impressive 50 x 160 ft lot in one of Maple's most desirable and convenient locations. Offering character, privacy and tremendous future potential, this property is ideal for a starter family, first-time detached-home buyer, or investor looking to secure a property with versatility and upside. Location is a standout feature. Situated within easy access to Highway 400, public transit, Cortellucci Vaughan Hospital, Vaughan Town Hall, the local library, shops, restaurants and everyday amenities, everything you need is close at hand. Enjoy the convenience of an established community while remaining connected to major transportation routes throughout Vaughan and the GTA. Adding further flexibility is the property's MMS zoning, which permits a range of commercial uses, creating an attractive opportunity for those looking to explore the property's potential as an investment, professional office or other permitted commercial application. A unique combination of heritage character, an exceptional 50 x 160 ft lot, versatile zoning and an unbeatable Maple location. Whether you're looking for your first detached home, a place to grow your family, or an investment with future possibilities, this property offers an opportunity that is increasingly difficult to find.

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
N13835554
Bedrooms
2
Bathrooms
2
Size
1500-2000 sq ft
Lot
54.79 × 159.58 ft
Cross streets
Keele and Major Mackenzie
Parking
5 parking
Basement
Crawl Space
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,799 / 2026
Days on market
21
Listing brokerage
STONECASTLE REALTY GROUP INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Maple, Vaughan, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Patterson
$1.73M
Vellore Village
$1.67M
Uplands
$1.55M
Glen Shields
$1.28M
Brownridge
$1.24M

Typical asking price of active listings of the same type, per area (outliers removed). Vaughan.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$4,553/mo
$189KIncome needed
5.3×Price ÷ income
$1,051Weekly cost
$16,455Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

92%mortgage
Mortgage $4,553Property tax $400Total carry $4,953

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,419per month

Mortgage amount $799,200 · 4.49% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$4,819Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,419
Property tax
$400
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,819

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$16,455
Estimated closing costs
$16,455

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,348/monthPayment at the qualifying rate

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

$526,474Total interest paid
$1,325,674Total of all payments
Principal $799,200 Interest $526,474
YearPrincipalInterestBalance
1$17,835$35,192$781,365
2$18,645$34,382$762,721
3$19,491$33,536$743,230
4$20,376$32,651$722,854
5$21,301$31,726$701,553
6$22,268$30,759$679,284
7$23,279$29,748$656,005
8$24,336$28,691$631,668
9$25,441$27,586$606,227
10$26,596$26,430$579,631
11$27,804$25,223$551,827
12$29,066$23,960$522,760
13$30,386$22,641$492,374
14$31,766$21,261$460,608
15$33,208$19,819$427,400
16$34,716$18,311$392,684
17$36,292$16,735$356,392
18$37,940$15,087$318,452
19$39,663$13,364$278,789
20$41,463$11,563$237,325
21$43,346$9,681$193,979
22$45,314$7,713$148,665
23$47,372$5,655$101,294
24$49,522$3,504$51,771
25$51,771$1,256$0

At the end of your 5-year term

Total paid over the term
$265,135
Principal paid down
$97,647
Interest paid
$167,487
Balance remaining
$701,553

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.

Let's connect

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

Rental yield
Estimate$3,150/mo
$37,800Gross annual rent
2.7%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

3.8%
Gross yield
− Property tax $4,799− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,443

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of STONECASTLE REALTY GROUP INC.. MLS®/PropTx.

CallRequest a showing