5 Buttermill Avenue, Unit 7, Vaughan, ON

$588,601
MLS#:N12114447
3 beds
2 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on May 26, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Concord. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $588,601 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Experience luxury living at the highly sought-after Transit City Tower 1, in the heart of Vaughan Metropolitan Centre! This modern 2+1 bedroom, 2-bathroom unit boasts a sun-drenched interior, soaring 9 ft ceilings, and sleek laminate flooring throughout. Floor-to-ceiling windows frame breathtaking, unobstructed southeast views, while an expansive balcony provides the perfect outdoor retreat. The upgraded kitchen features quartz countertops and premium stainless steel appliances, ideal for entertaining. Both bedrooms enjoy large windows that flood the space with natural light. Unbeatable location! Just steps from VMC Subway Station and bus terminal, and minutes from York University, Hwy 400, Vaughan Mills, and top dining spots. This unit offers exceptional value for investors and end-users alike! Bonus: A premium parking spot conveniently located on the same level - just a one-minute walk away!

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Property Summary

This condo apartment located at 5 Buttermill Avenue, Vaughan is currently for sale and has been available on SousaSells for 441 days. This property is listed at $588,601 with an estimated mortgage of $1,959* per month. It has 3 beds, 2 bathrooms, and is 600-699 square feet. 5 Buttermill Avenue, Vaughan is in the Concord neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 26, 2025
Sold price information is available to members only
Listed Date5/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyYork
Annual Tax$2,633.94

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre

Interior Features

None

Security Features

Community Features

Virtual Tours

Location

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5 Buttermill Avenue, Unit 7, Vaughan, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5 Buttermill Avenue 601, Vaughan, ON L4K 0J5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Vaughan.

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Interest Rate4.00%
Down Payment$176,580 (30.0%)
* Minimum Canadian down payment required for this price is $33,860.
Amortization Period30 Years
Estimated Monthly Payment$1,959Based on a loan of $412,021 over 30 years.
Purchase Price$588,601
Loan Amount$412,021
Provincial Land Transfer Tax:$8,247
Total Estimated Closing Taxes:$8,247

About Purchasing a Home in Vaughan, ON

For a property listed at $588,601 in Vaughan, the legal minimum down payment is $33,860 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,247 for this transaction. As this listing is in Vaughan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,247.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Concord, Vaughan.

Verified Local Data
City Population323,103
City Median Age40.5 Yrs
City Ownership86% Owners
Avg Area List Price$795,118

People & Families

Age Distribution

Household Composition

One-person households
15%
Families with children
52%
Couples without children
28%
Other households
5%

Top Ethnic Origins

Italian35%
Canadian10%
Russian8%
Chinese6%

Local Schools Guide

Elementary Schools

Le-Petit-Prince
Public79 Avro Road, Maple, Vaughan, Ontario, L6A 1Y3
7.2
St Michael the Archangel
Public161 Via Campanile, Vaughan, Ontario, L4H 3J8
7.1
Pierre Berton
Public470 Via Campanile, Vaughan, Ontario, L4H 0X9
8.2

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied86%
Rented14%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.