2298 Major Mackenzie Drive, Vaughan

Price: $945,000

3 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: N13573974

Rarely Available Live/Work Freehold Townhome in "The Manors of Corsica"! Spanning over 2,300 sq. ft. of versatile, freshly painted space, this 3-storey property offers unbeatable high-visibility exposure on Major Mackenzie Dr with dedicated commercial/office zoning(Cl Zoning For Commercial) . The main level features a spacious storefront/office with large windows for abundant natural light w/ a finished basement for extra space, vinyl flooring, and a separate door to isolate it from the upper residence-ideal for retail, professional services, or generating rental income.The spacious residential layout occupies the upper levels, boasting distinct living/dining and family rooms, 3 large bedrooms & 3 bathrooms. Enjoy premium outdoor living on a massive, private 22x20 ft terrace (BBQs allowed) right off the kitchen and breakfast area. Complete with hardwood (on main level) and ceramic floors, cornice moldings, a covered front porch, and direct access to a 2-car enclosed garage with rear visitor parking. Incredible location steps to local shops, dining, and transit!

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$945,000 - 2298 Major Mackenzie Drive, Vaughan

Townhouse for Sale in Vaughan

38 days on market

Neighbourhood: Maple

3Beds
4Baths
2,000 - 2,499Sq Ft
Townhouse
Property Details
MLS Number
N13573974
Property Type
Townhouse
Status
active
Days on Site
38
Bedrooms
3
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Vaughan
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Rarely Available Live/Work Freehold Townhome in "The Manors of Corsica"! Spanning over 2,300 sq. ft. of versatile, freshly painted space, this 3-storey property offers unbeatable high-visibility exposure on Major Mackenzie Dr with dedicated commercial/office zoning(Cl Zoning For Commercial) . The main level features a spacious storefront/office with large windows for abundant natural light w/ a finished basement for extra space, vinyl flooring, and a separate door to isolate it from the upper residence-ideal for retail, professional services, or generating rental income.The spacious residential layout occupies the upper levels, boasting distinct living/dining and family rooms, 3 large bedrooms & 3 bathrooms. Enjoy premium outdoor living on a massive, private 22x20 ft terrace (BBQs allowed) right off the kitchen and breakfast area. Complete with hardwood (on main level) and ceramic floors, cornice moldings, a covered front porch, and direct access to a 2-car enclosed garage with rear visitor parking. Incredible location steps to local shops, dining, and transit!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,848.34/mo

Includes CMHC insurance ($26,366)

$
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5%10%50%

5-yr fixed avg.

Principal: $850,500Interest: $577,636
Mortgage Amount$876,866
Total Interest$577,636
Est. Property Tax$669/mo
Total Cost$1,454,502

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: Maple

Discover Maple

Maple 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 Maple

  • 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

Maple 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

2298 Major Mackenzie Drive, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,030/mo
Range: $2,576 - $3,484
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,030
Maintenance Fees-$0
Property Tax (est.)-$669
Insurance (est.)-$197
Net Cash Flow+$2,164

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 $473/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.

Market Position

At 38 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Vaughan have shown strong appreciation as families seek more space.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 Maple

I know Maple 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.

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    2298 Major Mackenzie Drive, Vaughan | $945,000 | Battaglia Team