5 Buttermill Avenue Unit 2501, Vaughan

Price: $589,000

3 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: N13697556

Welcome to this stunning residence at Transit City 1 & 2, offering breathtaking views showcase beautiful sunsets every evening. Enjoy an unbeatable location with convenient access to Highways 400, 407, and 7. Step directly to Viva and Zum transit for effortless commuting throughout the GTA, with Vaughan Metropolitan Centre Station just a short walk away. York University is only a short drive or transit ride away, and Walmart is conveniently located nearby. Thoughtfully designed as a spacious 2-bedroom + den suite, this home features 9-ft ceilings, floor-to-ceiling windows, and a bright open-concept layout that seamlessly combines style, comfort, and convenience. The modern kitchen equipped with built-in appliances, sleek cabinetry, and contemporary finishes that flow effortlessly into the spacious living and dining areas. The versatile den is enclosed with sliding doors and can easily function as a third bedroom, home office, or guest space, offering excellent flexibility for families and professionals alike. Natural light fills the home, creating a warm and inviting atmosphere throughout the day. Residents enjoy access to outstanding building amenities and one of Vaughan's most connected urban locations. Vaughan Mills, RioCan Colossus Centre, and Air Riderz Adventure Park are all just minutes away, with banks, restaurants, cafes, and everyday shopping conveniently nearby. An outstanding opportunity to own or invest in one of Vaughan's most vibrant urban communities. Experience modern Vaughan living with unbeatable transit connectivity, premium conveniences, and exceptional comfort. Don't miss your chance to make this remarkable home yours!

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active
New Listing
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$589,000 - 5 Buttermill Avenue Unit 2501, Vaughan

Condo for Sale in Vaughan

New — Listed 3 days ago

Neighbourhood: Concord

3Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
N13697556
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Vaughan
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
KELLER WILLIAMS EMPOWERED REALTY
Description

Welcome to this stunning residence at Transit City 1 & 2, offering breathtaking views showcase beautiful sunsets every evening. Enjoy an unbeatable location with convenient access to Highways 400, 407, and 7. Step directly to Viva and Zum transit for effortless commuting throughout the GTA, with Vaughan Metropolitan Centre Station just a short walk away. York University is only a short drive or transit ride away, and Walmart is conveniently located nearby. Thoughtfully designed as a spacious 2-bedroom + den suite, this home features 9-ft ceilings, floor-to-ceiling windows, and a bright open-concept layout that seamlessly combines style, comfort, and convenience. The modern kitchen equipped with built-in appliances, sleek cabinetry, and contemporary finishes that flow effortlessly into the spacious living and dining areas. The versatile den is enclosed with sliding doors and can easily function as a third bedroom, home office, or guest space, offering excellent flexibility for families and professionals alike. Natural light fills the home, creating a warm and inviting atmosphere throughout the day. Residents enjoy access to outstanding building amenities and one of Vaughan's most connected urban locations. Vaughan Mills, RioCan Colossus Centre, and Air Riderz Adventure Park are all just minutes away, with banks, restaurants, cafes, and everyday shopping conveniently nearby. An outstanding opportunity to own or invest in one of Vaughan's most vibrant urban communities. Experience modern Vaughan living with unbeatable transit connectivity, premium conveniences, and exceptional comfort. Don't miss your chance to make this remarkable home yours!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,021.88/mo

Includes CMHC insurance ($16,433)

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5-yr fixed avg.

Principal: $530,100Interest: $360,029
Mortgage Amount$546,533
Total Interest$360,029
Est. Property Tax$417/mo
Total Cost$906,563

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Concord

Discover Concord

Concord is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Concord

  • Convenient location in Vaughan
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Concord offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

5 Buttermill Avenue Unit 2501, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$520
Property Tax (est.)-$417
Insurance (est.)-$123
Net Cash Flow+$1,540

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $736/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Vaughan's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Concord

I know Concord well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    5 Buttermill Avenue Unit 2501, Vaughan | $589,000 | Battaglia Team