$399,000 - 5 Buttermill Avenue Unit 1511, Vaughan
Condo for Sale in Vaughan
48 days on market- MLS Number
- N13071582
- Property Type
- Condo
- Status
- active
- Days on Site
- 48
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Vaughan
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Welcome to Transit City 2! Bright and functional 1 Bed, 1 Bath suite by CentreCourt, with a smart, open layout and inviting foyer. Added privacy with suite entry accessed from a secluded hallway. Modern kitchen features built-in appliances, integrated fridge, sleek cabinetry & under-cabinet lighting. Units unique features include built in custom entryway closet with built-in bench, and wall mounted pull out work station in the living room perfect for working from home. Floor-to-ceiling windows fill the space with natural light. Enjoy unobstructed north-facing views from your spacious balcony. Includes upgraded window coverings. Ultra low maintenance fees that currently includes Rogers high speed internet for affordable living. Building amenities include 2 party rooms, guest suite, pool table, golf simulator, BBQ terrace, green roof, and more, perfect for entertaining guests. The closest residential building to VMC Subway Station and underground path! Steps to the VMC Bus Terminal, VMC Library, YMCA, parks, and walking trails. One membership to the YMCA included family membership available at discount rates, enjoy gym access, swimming pool, child care, basketball courts, and more. Minutes to York University, Hwy 400 & 407. Surrounded by top conveniences including IKEA, Costco, Walmart, Cineplex, Vaughan Mills, grocery stores, cafes, restaurants, and everyday essentials. Ideal for first-time buyers or investors!
Estimate your monthly payments for this property
Estimated Payment
$2,047.08/mo
Includes CMHC insurance ($11,132)
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 Vaughan
Vaughan 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 Vaughan
- •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
Vaughan 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 1511, Vaughan
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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
Competitive Pricing
At $798/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.
Negotiation Opportunity
At 48 days on site, this property has exceeded the typical selling timeline for Vaughan. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 500 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.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.