2396 Major Mackenzie Drive 212, Vaughan

$449,000
2396 Major Mackenzie Drive 212

$449,000

New
8d
Condo ApartmentApartment

2396 Major Mackenzie Drive 212, Vaughan

Total Monthly Obligation $2,769

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
8d
Score
19
Yield
6.1%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.1%
Property Type-Condo Apartment
MLS® Number-N14085204
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$2,388.56 (2025)
Maintenance-$559.19/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE G1 REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Flexible
Neighbourhood-Maple
Title-Residential Condo & Other

No agent assigned

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.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$359,200
Land Transfer Taxes$5,455
Legal Fees (Est.)
$
Total cash required for closing$96,755

Total Monthly Obligation

$2,769/mo
Mortgage $1,811
Monthly Loss $2,293
Principal$477
Interest$1,335
Property Tax$199
Condo Fees$559
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
8.8%28
10-Year IRR
9.8%
Returns Index
14.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$27,300/yr
NOI
$13,071/yr
Net Cash Flow
-$722/mo
Cash Margin
-31.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
28.2/ 100

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

Comparables

Properties near 2396 Major Mackenzie Drive 212

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.