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$2,399,000Asking Price

2311 Major Mackenzie Drive, Vaughan, ON L6A 3Z3

Maple, Vaughan

Fourplex
9
Bedrooms
7
Baths
12
Parking
Days on Market

Six unit apartment building in the heart of Maple. Built in 1997. Legal fourplex with 2 additional non confirming units (one can be converted to commercial use). Three -2 bedrooms, Two- 1 bedroom, One bachelor. This building presents tons of potential with oversized units, increasing rents to market value, 12 parking spots in the rear lot, unfinished lower level basement. Basement potential is subject to city planning approval. Brand new heating/boiler system (installed Aug 2024). Main floor two bedroom unit can be converted to commercial use - this unit offers wheelchair accessibility. Lower level laundry (1 washer, 1 dryer) pay per use. Lower level also offers owners private office space. No major capital expenditures required- Building is in great overall condition!! Opportunity to also purchase the property next door (2321 Major Mackenzie) for two side by side income producing properties with mutual drive! Seller and Listing Brokerage do not warrant legality or retrofit status of units.

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Six unit apartment building in the heart of Maple. Built in 1997. Legal fourplex with 2 additional non confirming units (one can be converted to commercial use). Three -2 bedrooms, Two- 1 bedroom, One bachelor. This building presents tons of potential with oversized units, increasing rents to market value, 12 parking spots in the rear lot, unfinished lower level basement. Basement potential is subject to city planning approval. Brand new heating/boiler system (installed Aug 2024). Main floor two bedroom unit can be converted to commercial use - this unit offers wheelchair accessibility. Lower level laundry (1 washer, 1 dryer) pay per use. Lower level also offers owners private office space. No major capital expenditures required- Building is in great overall condition!! Opportunity to also purchase the property next door (2321 Major Mackenzie) for two side by side income producing properties with mutual drive! Seller and Listing Brokerage do not warrant legality or retrofit status of units.

Key Info

  • 2-Storey Fourplex
  • 4+ Parking
  • No Garage
  • Keele and Major Mackenzie
  • 3500-5000 Approximate Sq Feet
  • 16-30 Years Approximate Age
  • No Ensuite Laundry
  • Water Gas Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $13,284 in 2024
  • Possession: Flexible

Details

  • Brick/Concrete Exterior
  • No Fireplace
  • 6 Kitchens
  •  
  • MLS #N12094676
  • STONECASTLE REALTY GROUP INC.

Extras

Room Floor Dimensions Details
Washroom3 3-Piece Bathrooms
Washroom2 3-Piece Bathrooms on Main Floor
Washroom2 3-Piece Bathrooms on Lower

Who lives here?

Maple, Vaughan is a north GTA neighbourhood notable for its singles, business professionals, salespeople and tradespeople. It has a higher than average population of immigrants from Italy, and Italian speakers. Residents tend to be older with a significant number of youth aged 15 to 24 and adults aged 25 to 34, 25 to 34, 25 to 34, 25 to 34 and 25 to 34.

Families

Kids Per Family

1.5

kids per family
in the neighbourhood.

Vaughan  (1.5)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

42% of residents are
single and loving it.

42% singles

Vaughan (39%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

10% of residents
are renters.

10% renters

Vaughan (11%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

34% of residents are
university grads.

34% university grads

Vaughan (44%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$137K

is the average household
income in the neighbourhood.

Vaughan  ($157K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 16%
Business 14%
Trades 10%
Management 8%
Government 8%

Immigrants

44% of residents were
born outside of Canada.

44% immigrants

Vaughan (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Italy was once home to 9.8% of immigrants.
India 3.0%
Pakistan 2.4%
Philippines 2.0%
Caribbean 1.8%

9.8% from Italy
All-time

Birthplace - Recent

India was once home to 0.6% of immigrants.
Pakistan 0.4%
Philippines 0.4%
China 0.4%
Syria 0.2%

0.6% from India
Recent

Foreign Languages

Foreign Languages

Italian 18%
Spanish 4%
Russian 3%
Portuguese 2%
Persian 2%

Religions

Religions

Christian 77%
Hindu 5%
Muslim 5%
Sikh 2%
Buddhist 2%