2006-5 Buttermill Avenue, Vaughan, ON

Vaughan Corporate Centre, Vaughan · MLS® N13654734

$429,000
For Sale
Listed 72 days agoNo offer date statedSitting longer than typical
2Bedrooms
2Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Luxury Condo Living in Vaughans Prime Location.
  • Step into this bright, open-concept gem with soaring 9 ft smooth ceilings, bathed in natural light.
  • Private Oasis: A spacious balcony with sunny south viewsideal for morning coee or evening relaxation.
  • Steps to Vaughan YMCA with Free Membership Access to Pool, steam room, gym, whirlpools, daycare, basketball/yoga studios, library, and more.
  • Walk to the TTC Subway and enjoy eortless access to Hwy 7 & 400.Everything is at your doorstep, Seamless downtown commutes.

Luxury Condo Living in Vaughans Prime Location! 2 Beds + Study Area | 2 Baths | 638 Sq Ft + Expansive South-Facing Balcony.Step into this bright, open-concept gem with soaring 9 ft smooth ceilings, bathed in natural light! Perfect for professionals, small families, or savvy investors, this unit blends style and functionality. Chef-Ready Kitchen: Slept stone countertops, modern cabinetry, and premium finishes. Spa-Like Bathrooms: Stone countertops, contemporary fixtures. Laminate Flooring: Sleek and durable, flowing seamlessly throughout. Private Oasis: A spacious balcony with sunny south viewsideal for morning coee or evening relaxation. Live in a boutique-style building with 5-star resort-inspired perks: Bar Buca Lobby: Sip espresso or cocktails in a chic, social atmosphere. Party Room + BBQ Area: Host gatherings with ease. Golf & Sport Simulator: Practice your swing or challenge friends. Steps to Vaughan YMCA with Free Membership Access to Pool, steam room, gym, whirlpools, daycare, basketball/yoga studios, library, and more! Walk to the TTC Subway and enjoy eortless access to Hwy 7 & 400.Everything is at your doorstep, Seamless downtown commutes. Vibrant Lifestyle: Restaurants, shops, parks, and cultural hotspots nearby.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13654734
Bedrooms
2
Bathrooms
2
Size
600-699 sq ft
Cross streets
Hway 7 and Jane
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Maintenance
$497/mo
Exposure
South
Property tax
$2,510 / 2026
Days on market
72
Listing brokerage
FIRST CLASS REALTY INC.

Rooms

Bedroom 2Main3.04 × 2.43 m
Primary BedroomMain3.83 × 3.22 m
Living RoomMain5.43 × 3.35 m
KitchenMain5.40 × 3.35 m
LaundryMain1.06 × 1.95 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Vaughan Corporate Centre · asking prices
$442kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $681/sqft; this home lists at $661/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
429kThis home425k437k440k450k460kThis home vs active comparables

Neighbourhood & location

Vaughan Corporate Centre, Vaughan, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Concord
$563K
Vellore Village
$524K
Maple
$600K
West Woodbridge
$745K
Brownridge
$557K

Typical asking price of active listings of the same type, per area (outliers removed). Vaughan.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$1,955/mo
$94KIncome needed
4.6×Price ÷ income
$451Weekly cost
$5,055Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

73%mortgage
Mortgage $1,955Property tax $209Condo fee $497Total carry $2,661

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,898per month

Mortgage amount $343,200 · 4.49% over 25 years

$85,800Down payment (20.0%)
$343,200Loan before insurance
$0CMHC premium
$2,604Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,898
Property tax
$209
Condo / maintenance fees
$497
Heating
$0
Estimated monthly cost
$2,604

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$5,055
Estimated closing costs
$5,055

Plus your down payment of $85,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,297/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$226,084Total interest paid
$569,284Total of all payments
Principal $343,200 Interest $226,084
YearPrincipalInterestBalance
1$7,659$15,113$335,541
2$8,007$14,765$327,535
3$8,370$14,401$319,165
4$8,750$14,021$310,415
5$9,147$13,624$301,267
6$9,563$13,209$291,705
7$9,997$12,774$281,708
8$10,451$12,321$271,257
9$10,925$11,846$260,332
10$11,421$11,350$248,910
11$11,940$10,831$236,971
12$12,482$10,289$224,489
13$13,049$9,723$211,440
14$13,641$9,130$197,799
15$14,261$8,511$183,538
16$14,908$7,863$168,630
17$15,585$7,186$153,045
18$16,293$6,479$136,752
19$17,032$5,739$119,720
20$17,806$4,966$101,915
21$18,614$4,157$83,300
22$19,459$3,312$63,841
23$20,343$2,429$43,498
24$21,266$1,505$22,232
25$22,232$539$0

At the end of your 5-year term

Total paid over the term
$113,857
Principal paid down
$41,933
Interest paid
$71,924
Balance remaining
$301,267

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,050/mo
$24,600Gross annual rent
3.0%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.7%
Gross yield
− Property tax $2,510− Condo fees $5,962− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,822

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FIRST CLASS REALTY INC.. MLS®/PropTx.

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