$469,999 - 5 Buttermill Avenue Unit 5512, Vaughan
Condo for Sale in Vaughan
New — Listed 4 days ago- MLS Number
- N12947766
- Property Type
- Condo
- Status
- active
- Days on Site
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Vaughan
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE MAXIMUM REALTY
Welcome to this bright and modern 1 bedroom + den suite in the heart of Vaughan Metropolitan Centre, offering elevated living on the 55th floor with breathtaking, unobstructed south-facing views. Designed with both style and functionality in mind, this unit features a sleek open-concept layout, 9-foot ceilings, and floor-to-ceiling windows that flood the space with natural light. The contemporary kitchen showcases quartz countertops, built-in stainless steel appliances, a stylish backsplash, and under-cabinet lighting-perfect for everyday living and entertaining. The spacious living area flows seamlessly to a private balcony where you can take in expansive city views. The bedroom is bright and inviting, while the versatile den is ideal for a home office, guest space, or second bedroom. Enjoy access to premium amenities including a 24-hour concierge, party room, games room, lounge, and outdoor BBQ terrace, along with access to the YMCA. Located just steps from the Vaughan Metropolitan Centre Subway Station, Viva and Zum transit, and minutes to Highways 400 & 407. Walking distance to shopping, dining, and entertainment including Vaughan Mills and Canada's Wonderland. Includes built-in fridge, oven, cooktop, dishwasher, microwave, range hood, stacked washer & dryer, all window coverings, and light fixtures. An exceptional opportunity for first-time buyers, professionals, or investors seeking modern urban living in one of Vaughan's fastest-growing communities.**Parking Could be arranged through Smart Center**
Estimate your monthly payments for this property
Estimated Payment
$2,411.34/mo
Includes CMHC insurance ($13,113)
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 5512, 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 25+ years of GTA real estate experience
Fair Market Value
At $940/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 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.