For saleMLS® N13433964

3991 Major Mackenzie Drive, Vaughan, ON L4H 4G1

Vellore Village, Vaughan · Near Major Mackenzie / Vellore Ave · View map

$248,000
2Baths
Sale of businessType
PlazaGarage
NoneParking
$11,585/yrTaxes
$248,000
FreeholdNo monthly condo fee
Plaza garageFrom the listing

About this home

Exceptional opportunity to acquire a fully equipped, turnkey restaurant and hospitality space in a prime Vaughan location, approximately 10 minutes from Canada's Wonderland.Ideal for an established restaurateur looking to open a second or third location, expand an existing brand, introduce a new concept, or enter the Vaughan market without the significant time and cost of a full build-out. The space may also suit a pizzeria, bakery, café, franchise concept, banquet or event operator, catering business, hospitality group or owner-operator, subject to landlord approval and permitted use. The premises offer approximately 3,300 sq. ft. of beautifully renovated space, approximately 128 seats, an outdoor patio, 20+ parking spaces, liquor licence, wood-fired pizza oven, walk-in fridge and freezer, full commercial kitchen, plus extensive furniture, fixtures, equipment and inventory. Significant investment has already been made in the leasehold improvements and restaurant infrastructure, giving the next operator the opportunity to rebrand, introduce their own concept and begin operating without taking on a major build-out. Located in a high-traffic Vaughan area surrounded by established residential communities and commercial amenities. The business is being sold together with the assignment of the existing lease, running until 2029 with renewal options, subject to landlord approval.

The home

Type
Sale of business
Bathrooms
2

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Closed
Air conditioning
Yes

Garage & parking

Garage
Plaza
Total parking
None

Taxes & other

Property taxes
$11,585/yr
Tax year
2025
Occupancy
Owner
Possession
TBD
Cross street
Major Mackenzie / Vellore Ave
Neighbourhood
Vellore Village

More

MLS® number
N13433964

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$1,966per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
    Open the calculators
    Loading map…

    3991 Major Mackenzie Drive, Vaughan, ON L4H 4G1

    Vellore Village, Vaughan · Near Major Mackenzie / Vellore Ave

    Get directionsWhat’s nearby

    Schools nearby

    Open this tab to load nearby schools.

    Your commute

    Enter where you go every day to see real drive times:

    Sold history

    Listing history for 3991 Major Mackenzie Drive

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 3991 Major Mackenzie Drive

    Answers come straight from this home’s MLS® listing.

    How much is 3991 Major Mackenzie Drive listed for, and what would it cost each month?

    3991 Major Mackenzie Drive is listed for $248,000. With 20% down ($49,600), the mortgage payment would be roughly $1,000 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,966 a month, all in. That figure is an illustration, not a quote.

    Is 3991 Major Mackenzie Drive freehold or a condo, and is there a monthly fee?

    3991 Major Mackenzie Drive is a sale of business in Vellore Village, Vaughan. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 3991 Major Mackenzie Drive have a garage and parking?

    Yes. The listing shows the garage as plaza. The listing does not include a parking space.

    What style of home is 3991 Major Mackenzie Drive?

    3991 Major Mackenzie Drive is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How is 3991 Major Mackenzie Drive heated and cooled?

    Heating is gas forced air closed. Cooling is yes.

    What are the property taxes for 3991 Major Mackenzie Drive?

    Property taxes are $11,585 a year (2025), or about $965 a month.

    Where is 3991 Major Mackenzie Drive?

    3991 Major Mackenzie Drive is in the Vellore Village community of Vaughan. The nearest main intersection is Major Mackenzie / Vellore Ave. The postal code is L4H 4G1.

    Is 3991 Major Mackenzie Drive still for sale?

    Yes. It is an active listing (MLS® N13433964). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 3991 Major Mackenzie Drive asking?

    Similar properties for sale nearby right now include 3737 Major MacKenzie Drive at $275,000, 69 - 3175 Rutherford Road at $230,000 and 7-8 - 10501 Weston Road at $299,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 3991 Major Mackenzie Drive sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 3991 Major Mackenzie Drive?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

    Call Text Explore Home value

    Have questions?

    Call or text today — we're here to help.

    647-931-3923
    CallText