2321 Major Mackenzie Drive W, Vaughan

$999,000
2321 Major Mackenzie Drive W

$999,000

New
25d
Detached1 1/2 Storey

2321 Major Mackenzie Drive W, Vaughan

Total Monthly Obligation $4,805

Beds
2
Baths
2
Park
5
Sqft
1500-2000
DOM
25d
Score
17
Yield
4.2%
Cash on Cash
-5.3%
Cap Rate
3.4%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Detached
MLS® Number-N13835554
Beds-2
Bathrooms-2
Size-1500-2000 sqft
Lot Size-54.79 × 159.58 ft
Listed on site-Sep 28, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$4,799 (2026)
Parking-5 - None
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-STONECASTLE REALTY GROUP INC.
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Maple
Title-Residential Freehold

No agent assigned

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.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$799,200
Land Transfer Taxes$16,455
Legal Fees (Est.)
$
Total cash required for closing$217,755

Total Monthly Obligation

$4,805/mo
Mortgage $4,030
Monthly Loss $3,744
Principal$1,060
Interest$2,969
Property Tax$400
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.3%25
10-Year IRR
9.2%
Returns Index
13.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$41,892/yr
NOI
$28,404/yr
Net Cash Flow
-$1,663/mo
Cash Margin
-47.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 2321 Major Mackenzie Drive W

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.