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New Construction for Rent in Vaughan
93 days on market- MLS Number
- N12875696
- Property Type
- New Construction
- Status
- active
- Days on Site
- 93
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- HOMELIFE/CIMERMAN REAL ESTATE LIMITED
Located in the heart of the Vaughan Metropolitan Centre, this beautiful, modern and spacious 3-bedroom, 2-bathroom suite offers comfortable and convenient city living. Approximately 950 sq ft plus a 170 sq ft wraparound balcony, this bright unit features floor-to-ceiling windows, abundant natural light, an open-concept layout, 9' smooth ceilings, and wide laminate flooring throughout. Modern kitchen with built-in high-end appliances and a functional layout ideal for families or professionals.1 parking and 1 locker included. Enjoy an unmatched location with FREE membership access to the YMCA's 100,000 sq ft fitness and aquatics facility, and just steps to VMC Subway Station, transit hub, shops, restaurants, and the new Mapletree Asian Supermarket. Minutes to Vaughan Mills Mall, GO Transit, Highway 400, and York University. The unit is currently offered unfurnished. Furniture (beds, desk, chairs, etc.) can be provided at an additional cost, offering a flexible, move-in ready option.
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 4502, Vaughan
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $3,100/mo, this is priced below the typical 3-bedroom rent of ~$3,500/mo in Vaughan. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Negotiation Opportunity
At 93 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.
Efficient Living
At 900 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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.