5 Buttermill Avenue Unit 3005, Vaughan

Price: $498,888

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: N13233198

Beautifully upgraded suite featuring premium finishes and custom storage solutions not found in standard builder units. This bright south-facing layout offers panoramic views and a desirable split-bedroom layout.Improvements include a modern tiled entrance and hallway, walk-in laundry space with integrated built-ins, and added shelving in every closet, maximizing functionality. The study nook has been transformed into floor-to-ceiling storage space. Designer kitchen with granite countertops and matching backsplash, and a scratch-resistant sink. Bathrooms feature extended granite counters, upgraded mirrors, and larger sinks.Blackout window coverings and a professionally mounted living room TV setup are included for added convenience. Amenities include a resort-style outdoor terrace, BBQ stations, and upscale indoor entertainment spaces. Rogers high-speed internet in suite and YMCA membership also included in maintenance fees ($474.08).Steps to TTC VMC subway, bus terminal, YMCA, library, Mapletri Supermarket, Balzac's café, restaurants, daily essentials, and more. York University is just 3 quick subway stops away and Union Station is a direct line down! Minutes to Walmart, Costco, IKEA, and major retail. Easy access to Highways 7, 400, and 407.

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active
New Listing
1/22

$498,888 - 5 Buttermill Avenue Unit 3005, Vaughan

Condo for Sale in Vaughan

New — Listed 4 days ago
2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
N13233198
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Vaughan
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
HOMELIFE SUPERSTARS REAL ESTATE LIMITED
Description

Beautifully upgraded suite featuring premium finishes and custom storage solutions not found in standard builder units. This bright south-facing layout offers panoramic views and a desirable split-bedroom layout.Improvements include a modern tiled entrance and hallway, walk-in laundry space with integrated built-ins, and added shelving in every closet, maximizing functionality. The study nook has been transformed into floor-to-ceiling storage space. Designer kitchen with granite countertops and matching backsplash, and a scratch-resistant sink. Bathrooms feature extended granite counters, upgraded mirrors, and larger sinks.Blackout window coverings and a professionally mounted living room TV setup are included for added convenience. Amenities include a resort-style outdoor terrace, BBQ stations, and upscale indoor entertainment spaces. Rogers high-speed internet in suite and YMCA membership also included in maintenance fees ($474.08).Steps to TTC VMC subway, bus terminal, YMCA, library, Mapletri Supermarket, Balzac's café, restaurants, daily essentials, and more. York University is just 3 quick subway stops away and Union Station is a direct line down! Minutes to Walmart, Costco, IKEA, and major retail. Easy access to Highways 7, 400, and 407.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,559.55/mo

Includes CMHC insurance ($13,919)

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5%10%50%

5-yr fixed avg.

Principal: $448,999Interest: $304,948
Mortgage Amount$462,918
Total Interest$304,948
Est. Property Tax$353/mo
Total Cost$767,866

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: Vaughan

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

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

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.

70
Walk Score
Varies
Price Range

5 Buttermill Avenue Unit 3005, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,353

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

Fair Market Value

At $831/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.

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 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.

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.

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    5 Buttermill Avenue Unit 3005… — $498,888 | Battaglia Team