212-2396 Major Mackenzie Drive, Vaughan, ON

Maple, Vaughan · MLS® N14085204

$449,000
For Sale
Listed 3 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to this charming boutique-style condo in the highly desirable Maple community of Vaughan.
  • This upgraded 1-bedroom, 1-bathroom condo offers a bright and spacious layout, enhanced by 9-foot ceilings and stylish laminate flooring throughout.
  • Commuters will love the quick access to Highway 400, while nearby attractions such as Vaughan Mills and Canada's Wonderland provide endless entertainment options.

Welcome to this charming boutique-style condo in the highly desirable Maple community of Vaughan. This upgraded 1-bedroom, 1-bathroom condo offers a bright and spacious layout, enhanced by 9-foot ceilings and stylish laminate flooring throughout. The modern kitchen features granite countertops, a sleek backsplash, and stainless steel appliances-perfect for cooking and entertaining. Enjoy a generously sized living and dining area, offering plenty of space to relax or host guests. The bedroom is thoughtfully designed to comfortably accommodate a king-sized bed and includes a large window and ample closet space. Step outside to the large open balcony, complete with patio tiles and a great view-ideal for enjoying your morning coffee or unwinding at the end of the day. Conveniently located just steps from Maple GO Station, as well as a variety of restaurants and shops. Commuters will love the quick access to Highway 400, while nearby attractions such as Vaughan Mills and Canada's Wonderland provide endless entertainment options. This unit also includes an underground parking space and a locker for added convenience. Perfect for couples, young families, or those looking to downsize, this condo offers the perfect blend of comfort, style, and location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N14085204
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Major Mackenzie/Keele
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$559/mo
Exposure
South West
Property tax
$2,389 / 2025
Days on market
3
Listing brokerage
HOMELIFE G1 REALTY INC.

Rooms

Dining RoomMain4.57 × 3.35 m

open concept · combined w/living · laminate

LaundryMain0.00 × 0.00 m

Ceramic Floor

KitchenMain3.40 × 2.16 m

granite counters · stainless steel appl · open concept

BathroomMain0.00 × 0.00 m

3 pc bath · ceramic floor

BedroomMain3.16 × 2.77 m

large window · mirrored closet · laminate

FoyerMain0.00 × 0.00 m

mirrored closet · laminate

Living RoomMain4.57 × 3.35 m

w/o to balcony · combined w/dining · laminate

Our TakeTeam Asgarian · Broker
A small discount is typical
$434Klikely sale price

Listed at $449,000. Going by how homes in Maple and the wider GTA have actually closed against their asking prices (about 97%, 10 local closings in 90 days), the likely sale price is near $434K, if it sells. A realistic range is $409K to $470K.

Independent value check: $450K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $419K and $473K).

Why $450K. The typical condo sold in Maple over the past year went for about $615K (64 sales). What sets this one apart:

  • ▼ Lowers it strongly1 bedrooms and 1 baths, against 2+1 and 2 typically.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,389 a year; the typical home sold here pays about $3,000.
  • ▼ Lowers itIt is 600 to 699 sq ft; the typical home sold here is 900 to 999.
  • ▲ Raises itIts maintenance fee is $559 a month; the typical unit sold here pays about $810.
List price
$409KBelow recent closings$470KAbove recent closings

Total price vs nearby homes. Likely closing about $434K, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$525Kmedian sold price
96%of asking, on average
−11%prices vs a year ago
~61 dayshomes like this take to sell
3days on market so far
$2,080/moest. rent · 5 leases
5.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.8 months of inventory: 16 condo apartment homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $691/sqft against an area asking average of $685/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $440K. Condition and finishes remain an in-person call.

Based on 10 comparable homes that sold in Maple over the past two years, from 124 closings there.

Sold price trend

Median sold price for condos in Vaughan: $505K in September 2026, down 4% from a year ago, on 795 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Vaughan as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$570K71
November 2025$565K67
December 2025$538K50
January 2026$520K49
February 2026$575K54
March 2026$538K72
April 2026$525K62
May 2026$552K79
June 2026$547K92
July 2026$570K73
August 2026$523K64
September 2026$505K62

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.

Vellore Village
$500K
Concord
$563K
Beverley Glen
$572K
Vaughan Corporate Centre
$485K
Brownridge
$557K

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
$2,046/mo
$98KIncome needed
4.6×Price ÷ income
$472Weekly cost
$5,455Land 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.

73%mortgage
Mortgage $2,046Property tax $199Condo fee $559Total carry $2,805

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)
$1,986per month

Mortgage amount $359,200 · 4.49% over 25 years

$89,800Down payment (20.0%)
$359,200Loan before insurance
$0CMHC premium
$2,744Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,986
Property tax
$199
Condo / maintenance fees
$559
Heating
$0
Estimated monthly cost
$2,744

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

One-time closing costs

Ontario land transfer tax
$5,455
Estimated closing costs
$5,455

Plus your down payment of $89,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,404/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

$236,624Total interest paid
$595,824Total of all payments
Principal $359,200 Interest $236,624
YearPrincipalInterestBalance
1$8,016$15,817$351,184
2$8,380$15,453$342,804
3$8,760$15,073$334,044
4$9,158$14,675$324,886
5$9,574$14,259$315,312
6$10,008$13,824$305,304
7$10,463$13,370$294,841
8$10,938$12,895$283,903
9$11,435$12,398$272,468
10$11,954$11,879$260,515
11$12,497$11,336$248,018
12$13,064$10,769$234,954
13$13,657$10,176$221,297
14$14,277$9,556$207,020
15$14,925$8,908$192,095
16$15,603$8,230$176,492
17$16,312$7,521$160,180
18$17,052$6,781$143,128
19$17,826$6,007$125,302
20$18,636$5,197$106,666
21$19,482$4,351$87,184
22$20,366$3,467$66,817
23$21,291$2,542$45,526
24$22,258$1,575$23,268
25$23,268$564$0

At the end of your 5-year term

Total paid over the term
$119,165
Principal paid down
$43,888
Interest paid
$75,277
Balance remaining
$315,312

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
From 5 whole-home leases in Maple$2,080/mo
$24,960Gross annual rent
2.8%Cap rate after taxes and upkeep
$1,831 to $2,330Typical rent range
~14 daysTo find a tenant, on average

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

Talk about the numbers

The last 5 whole-home leases in Maple signed at a median of $2,117 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,080. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.6%
Gross yield
− Property tax $2,389− Condo fees $6,710− Insurance $600− Vacancy & upkeep $2,746Net operating income $12,516

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE G1 REALTY INC.. MLS®/PropTx.

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