$699,000 - 3905 Major MacKenzie Drive Unit 32, Vaughan
Condo for Sale in Vaughan
35 days on marketNeighbourhood: Vellore Village
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- MLS Number
- N13735442
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Vaughan
- Taxes (2025)
- $2,872
- Maintenance Fees
- $583/mo
- Locker
- None
- Exposure
- North West
- Balcony
- Juliette
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Location, Location, Location! Welcome to 3905 Major Mackenzie Drive West unit 32. This bright and spacious 2-story condo located in Vellore Village is a must see! A great opportunity for a first-time home buyer, anyone looking to downsize or invest in this sought after community featuring high ranking schools within walking distance, minutes to HWY 400, Vaughan Mills, plenty of restaurants, shops, parks, libraries, and more!! This home features a ton of natural light along with a spacious open concept main floor featuring a powder room, open concept kitchen, dining room, living room and an additional storage closet that can easily be converted into a pantry if you like! The kitchen features quartz countertops, stainless steel appliances, plenty of cabinet space and an island for additional dining and entertaining! Head upstairs to the beautiful spacious Master Bedroom featuring a juliet balcony, a small study nook along with a large walk-in closet that leads into a stunning 4-piece master bathroom! This is a must see if you are looking to get into Vellore Village on a budget!
Estimate your monthly payments for this property
Estimated Payment
$3,586.23/mo
Includes CMHC insurance ($19,502)
5-yr fixed avg.
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.
Discover Vellore Village
Vellore Village 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 Vellore Village
- •Convenient location in Vaughan
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Vellore Village 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.
3905 Major MacKenzie Drive Unit 32, Vaughan
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $699/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 35 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.
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 $583/month fees should cover building insurance, common elements, and reserve contributions.
Bathroom Count Matters
With 3 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 Vellore Village
I know Vellore Village 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 $2,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.