1005-5 Buttermill Avenue, Vaughan, ON
Vaughan Corporate Centre, Vaughan · MLS® N14092560
About this home
In short
- Welcome to Suite 1005 at Transit City 2, a south-facing 2-bedroom, 2-bathroom condo in the heart of the Vaughan Metropolitan Centre.
- Approximately 638 sq ft (per MPAC) with carpet-free laminate floors throughout and an open living and dining area that walks out to an open balcony.
- The primary bedroom has a large window and its own ensuite bath, and the second bedroom has sliding doors and a closet.
- Building amenities include a gym, outdoor pool, rooftop deck and garden, party and meeting room, and guest suites.
- Steps to VMC subway station and the bus terminal, with restaurants, shopping and the community and recreation centre close by, plus quick access to Highways 7, 400...
Welcome to Suite 1005 at Transit City 2, a south-facing 2-bedroom, 2-bathroom condo in the heart of the Vaughan Metropolitan Centre. Approximately 638 sq ft (per MPAC) with carpet-free laminate floors throughout and an open living and dining area that walks out to an open balcony. The kitchen features built-in stainless steel appliances and stone counters. The primary bedroom has a large window and its own ensuite bath, and the second bedroom has sliding doors and a closet. Ensuite laundry. Building amenities include a gym, outdoor pool, rooftop deck and garden, party and meeting room, and guest suites. Steps to VMC subway station and the bus terminal, with restaurants, shopping and the community and recreation centre close by, plus quick access to Highways 7, 400 and 407. A great fit for first-time buyers and investors alike.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N14092560
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 600-699 sq ft
- Cross streets
- Hwy 7 & Jane St
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $480/mo
- Exposure
- South
- Property tax
- $2,453 / 2026
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
laminate · b/i appliances · stone counters
laminate · sliding doors · closet
laminate · large window · ensuite bath
laminate · combined w/dining · w/o to balcony
laminate · combined w/living · w/o to balcony
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.
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For sale
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For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $682/sqft; this home lists at $654/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Vaughan Corporate Centre, Vaughan, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $339,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,879
- Property tax
- $204
- Condo / maintenance fees
- $480
- Heating
- $0
- Estimated monthly cost
- $2,564
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,973
- Estimated closing costs
- $4,973
Plus your down payment of $84,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $112,769
- Principal paid down
- $41,532
- Interest paid
- $71,237
- Balance remaining
- $298,388
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.