1331 Major Mackenzie Drive Unit 142, Vaughan

Price: $1,098,800

4 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Condo

MLS#: N13820482

Prime Mackenzie Ridge Terraces, Featuring Rarely Offered Luxurious 4 Bedroom End Unit Town that feels like a Semi, Offering Elegance, Comfort and Functionality In Prestigious Patterson Community, with a Tandem 3 Car Garage with entry to the home and Lots and Lots of Storage. Immaculately Maintained and Rarely Offered, Hardwood Throughout, Freshly Painted, Pot Lights on Main, Custom Built-In Closet Organizers, Quartz Counters, Stainless Steel Appliances, a Large Breakfast Eat in Kitchen, Upgraded Raised Double Vanity In Primary Bedroom. Laundry room with a sink, Bbq gas Line, Terrace Tile, Close to Visitor parking,

1331 Major Mackenzie Drive Unit 142 - Condo photo 1 of 18 in Vaughan, Ontario
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active

$1,098,800 - 1331 Major Mackenzie Drive Unit 142, Vaughan

Condo for Sale in Vaughan

Popular Listing

Neighbourhood: Patterson

4Beds
4Baths
2,000 - 2,499Sq Ft
Condo

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Property Details
MLS Number
N13820482
Property Type
Condo
Status
active
Days on Site
14
Bedrooms
4
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Vaughan
Taxes (2026)
$4,892
Maintenance Fees
$458/mo
Locker
Ensuite
Exposure
North
Balcony
Open
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Prime Mackenzie Ridge Terraces, Featuring Rarely Offered Luxurious 4 Bedroom End Unit Town that feels like a Semi, Offering Elegance, Comfort and Functionality In Prestigious Patterson Community, with a Tandem 3 Car Garage with entry to the home and Lots and Lots of Storage. Immaculately Maintained and Rarely Offered, Hardwood Throughout, Freshly Painted, Pot Lights on Main, Custom Built-In Closet Organizers, Quartz Counters, Stainless Steel Appliances, a Large Breakfast Eat in Kitchen, Upgraded Raised Double Vanity In Primary Bedroom. Laundry room with a sink, Bbq gas Line, Terrace Tile, Close to Visitor parking,

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,860.36/mo

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5-yr fixed avg.

Principal: $879,040Interest: $579,069
Mortgage Amount$879,040
Total Interest$579,069
Est. Property Tax$778/mo
Total Cost$1,458,109

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.

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Neighbourhood Guide: Patterson

Discover Patterson

Patterson 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 Patterson

  • •Convenient location in Vaughan
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Patterson 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.

70
Walk Score
Varies
Price Range

1331 Major Mackenzie Drive Unit 142, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,960/mo
Range: $3,366 - $4,554
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,960
Maintenance Fees-$458
Property Tax (est.)-$778
Insurance (est.)-$229
Net Cash Flow+$2,495

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $549/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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $458/month fees should cover building insurance, common elements, and reserve contributions.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Vaughan. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Patterson

I know Patterson well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 $4,578 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1331 Major Mackenzie Drive Unit 142 | $1,098,800 | Battaglia Team