1503-5 Buttermill Avenue, Vaughan, ON

Vaughan Corporate Centre, Vaughan · MLS® N13669504

$535,000
For Sale
Listed 67 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to sophisticated urban living at 5 Buttermill Avenue, Unit 1503.
  • This stunning 2-bedroom, 2-bathroom residence is the epitome of modern style and functional comfort, situated on the desirable 12th floor of the highly coveted...
  • Flooded with natural light through soaring floor-to-ceiling windows, the bright, open-concept floor plan maximizes every square foot of interior living space.
  • Step out onto your private balcony to enjoy impressive unobstructed views and unforgettable evening sunsets from your 12th-story vantage point.
  • Residents enjoy world-class, 5-star amenities, including a 24-hour concierge, full fitness centre, training pool,social party rooms, a golf simulator, and an outdoor...

Welcome to sophisticated urban living at 5 Buttermill Avenue, Unit 1503. This stunning 2-bedroom, 2-bathroom residence is the epitome of modern style and functional comfort, situated on the desirable 12th floor of the highly coveted Transit City 2 tower. Flooded with natural light through soaring floor-to-ceiling windows, the bright, open-concept floor plan maximizes every square foot of interior living space. The sleek, contemporary kitchen boasts premium quartz countertops, seamless built-in appliances, and a panelled refrigerator that blends beautifully into the custom cabinetry. Step out onto your private balcony to enjoy impressive unobstructed views and unforgettable evening sunsets from your 12th-story vantage point.The primary bedroom serves as a peaceful retreat with its own dedicated full ensuite bathroom. A spacious second bedroom and an additional pristine full bath offer ultimate flexibility for a growing family, guests, or a dedicated work-from-home office space. This incredible unit is complete with convenient in-suite laundry and custom window coverings. Residents enjoy world-class, 5-star amenities, including a 24-hour concierge, full fitness centre, training pool,social party rooms, a golf simulator, and an outdoor terrace equipped with BBQs. Commuting is effortless with the Vaughan Metropolitan Centre (VMC) Subway Station and rapid bus terminal just steps away, linking you directly to York University and downtown Toronto. With instant access to Highways 400, 407, and 7, plus unbeatable proximity to local dining, Cineplex, IKEA,and Vaughan Mills, this is a premium turn-key opportunity you do not want to miss!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13669504
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
PORTAGE PKWY & MILLWAY AVE
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$640/mo
Exposure
North West
Property tax
$2,726 / 2025
Days on market
67
Listing brokerage
YOUR HOME SOLD GUARANTEED REALTY INTERCITY PLUS IN

Rooms

Primary BedroomMain5.83 × 3.33 m

laminate · 4 pc ensuite · closet

Living RoomMain5.83 × 3.53 m

laminate · w/o to balcony · window floor to ceiling

Bedroom 2Main3.18 × 3.02 m

laminate · closet · window floor to ceiling

KitchenMain5.83 × 3.53 m

laminate · b/i appliances · quartz counter

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 · asking prices
$541kavg 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 $810/sqft; this home lists at $714/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
535kThis home545k539k539k530k550kThis 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
$2,438/mo
$116KIncome needed
4.6×Price ÷ income
$563Weekly cost
$7,175Land 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.

74%mortgage
Mortgage $2,438Property tax $227Condo fee $640Total carry $3,305

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)
$2,366per month

Mortgage amount $428,000 · 4.49% over 25 years

$107,000Down payment (20.0%)
$428,000Loan before insurance
$0CMHC premium
$3,234Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,366
Property tax
$227
Condo / maintenance fees
$640
Heating
$0
Estimated monthly cost
$3,234

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

One-time closing costs

Ontario land transfer tax
$7,175
Estimated closing costs
$7,175

Plus your down payment of $107,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,864/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

$281,946Total interest paid
$709,946Total of all payments
Principal $428,000 Interest $281,946
YearPrincipalInterestBalance
1$9,551$18,847$418,449
2$9,985$18,413$408,464
3$10,438$17,960$398,026
4$10,912$17,486$387,114
5$11,408$16,990$375,706
6$11,925$16,472$363,781
7$12,467$15,931$351,314
8$13,033$15,365$338,281
9$13,625$14,773$324,656
10$14,243$14,154$310,413
11$14,890$13,508$295,523
12$15,566$12,832$279,957
13$16,273$12,125$263,684
14$17,012$11,386$246,672
15$17,784$10,614$228,888
16$18,592$9,806$210,296
17$19,436$8,962$190,860
18$20,318$8,080$170,542
19$21,241$7,157$149,301
20$22,205$6,193$127,096
21$23,213$5,184$103,883
22$24,267$4,130$79,615
23$25,369$3,029$54,246
24$26,521$1,877$27,725
25$27,725$673$0

At the end of your 5-year term

Total paid over the term
$141,989
Principal paid down
$52,294
Interest paid
$89,695
Balance remaining
$375,706

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$2,400/mo
$28,800Gross annual rent
2.7%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.

5.4%
Gross yield
− Property tax $2,726− Condo fees $7,678− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,628

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of YOUR HOME SOLD GUARANTEED REALTY INTERCITY PLUS IN. MLS®/PropTx.

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