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Robert Cianfarani

 Sales Representative
Realty Executives Priority One Ltd, Brokerage Independently owned and operated. 130 Bass Pro Mills Drive,Unit 64, Vaughan , Ontario L4K 5X2 Cell: 416.670.7165Office: 905.738.5478Fax: 905.738.3932

$2,650,000
Available - For Sale
Listing ID: N11954269
2311 Major Mackenzie Driv , Vaughan, L6A 3Z3, York


Attention Investors! Six unit apartment building in the heart of Maple. Oversized units, 3-2 bedrooms, 2-1 bedrooms, 1-bachelor. Possibility to convert main unit to commercial usage. Pay-per-use laundry in lower level with the potential to add two additional units for a total of 8 apartments. Boiler system has been recently redone (2024). All units with separate hydro and thermostats. Building has been very well maintained and has tons of potential. Oversized parking lot with space for 15 vehicles. Shared mutual drive with 2321 Major Mackenzie (also for sale!). A must see for investors - very limited multifamily inventory in Maple and an opportunity to purchase both 2311 and 2321 Major Mackenzie, side by side income producing properties.
Price $2,650,000
Taxes: $12800.00
Occupancy by: Tenant
Address: 2311 Major Mackenzie Driv , Vaughan, L6A 3Z3, York
Directions/Cross Streets: Keele St & Major Mackenzie Drive W
Rooms: 6
Rooms +: 2
Bedrooms: 9
Bedrooms +: 0
Family Room: T
Basement: Apartment, Partially Fi
Washroom Type No. of Pieces Level
Washroom Type 1 3
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick Front, Brick
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 15
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Park #3
Parking Type: Mutual
Pool: None
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Radiant
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $132,500 $265,000 $397,500 $530,000
First Mortgage $2,517,500 $2,385,000 $2,252,500 $2,120,000
CMHC/GE $100,700 $73,935 $63,070 $0
Total Financing $2,618,200 $2,458,935 $2,315,570 $2,120,000
Monthly P&I $12,920.34 $12,134.4 $11,426.92 $10,461.82
Expenses $0 $0 $0 $0
Total Payment $12,920.34 $12,134.4 $11,426.92 $10,461.82
Income Required $484,512.88 $455,039.98 $428,509.47 $392,318.12

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
STONECASTLE REALTY GROUP INC.
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Personal Picture
Robert Cianfarani
Sales Representative
Dir:
416.670.7165
Bus:
905.738.5478
Fax:
905.738.3932
 
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At a Glance:
Type: Freehold - Multiplex
Area: York
Municipality: Vaughan
Neighbourhood: Maple
Style: 3-Storey
Lot Size: x 159.58(Feet)
Approximate Age:
Tax: $12,800
Maintenance Fee: $0
Beds: 9
Baths: 7
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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