$535,000 - 5 Buttermill Avenue Unit 5110, Vaughan
Condo for Sale in Vaughan
Neighbourhood: Concord
- MLS Number
- N13614508
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- COLDWELL BANKER RONAN REALTY
Experience Elevated Living at Transit City in Vaughan Metropolitan Centre! Welcome to Suite 5110 at 5 Buttermill Avenue, a spectacular 51st-floor northwest corner unit offering breathtaking unobstructed views, unforgettable sunsets, and panoramic skyline vistas stretching toward Canada's Wonderland from an oversized 119 sq. ft. private balcony (as per builder's floor plan). Floor-to-ceiling windows flood the suite with natural light, enhancing the bright open-concept layout and showcasing the premium corner-unit design. Offering approximately 699 sq. ft. of thoughtfully designed interior living space, this exceptional condo features 2 bedrooms, 2 full bathrooms, a modern kitchen with integrated appliances, new washer and dryer, in-suite laundry, custom blinds, one underground parking space, and one locker. Residents enjoy an outstanding collection of resort-inspired amenities, including a concierge, party room, golf simulator, games and billiards room, outdoor terrace with BBQs, guest suites, paid visitor parking, and additional parking rentals available through property management (subject to availability). Maintenance fees of $639.84/month include building insurance, heat, central air conditioning, common elements, parking, Rogers high-speed internet for one year, and a one-year YMCA membership for one resident with 50% off a second membership (buyer to verify eligibility and transferability). Ideally located in the heart of Vaughan Metropolitan Centre, just steps to the VMC Subway Station, shopping, restaurants, entertainment, and everyday conveniences, with quick access to Highways 400, 407, and 7. This premium corner suite presents an exceptional opportunity for professionals, first-time buyers, downsizers, and investors seeking sophisticated urban living in one of Vaughan's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$2,744.83/mo
Includes CMHC insurance ($14,927)
5-yr fixed avg.
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.
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
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.
5 Buttermill Avenue Unit 5110, Vaughan
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $892/sqft, this property is priced in line with current Vaughan market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 26 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 600 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.
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.
Investment Perspective
Looking at this as an investment: Vaughan properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.