1005-5 Buttermill Ave
Vaughan Corporate Centre, Vaughan, Ontario L4K 0J5
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 600–699sq ft
- Per sq ft
- $654at the range’s middle
- Tax a year
- $2,4532026 tax year
- Parking
- 0none
- Days on market
- Members
The brief
About 1005-5 Buttermill Ave
1005-5 Buttermill Ave is a 2-bedroom, 2-bathroom condo in Vaughan Corporate Centre, Vaughan, listed for sale at an asking price of $424,900 (MLS® N14092560).
Welcome to Suite 1005 at Transit City 2, a south-facing 2-bedroom, 2-bathroom condo in the heart of the Vaughan Metropolitan Centre. Approximately 638 sq ft (per MPAC) with carpet-free laminate floors throughout and an open living and dining area that walks out to an open balcony. The kitchen features built-in stainless steel appliances and stone counters. The primary bedroom has a large window and its own ensuite bath, and the second bedroom has sliding doors and a closet. Ensuite laundry. Building amenities include a gym, outdoor pool, rooftop deck and garden, party and meeting room, and guest suites. Steps to VMC subway station and the bus terminal, with restaurants, shopping and the community and recreation centre close by, plus quick access to Highways 7, 400 and 407. A great fit for first-time buyers and investors alike.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even53/100−$173/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 115 condos with 2 bedrooms for lease in Vaughan Corporate Centre right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,453 / 2026
- MLS® number
- N14092560
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Vaughan Corporate Centre
- Municipality
- Vaughan
Building
- Size
- 600-699 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 3pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Stainless steel fridge, stove, microwave, dishwasher, washer and dryer, window coverings (if applicable), and all existing electrical light fixtures.
- Condo maint.
- $480
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 2.56 × 3.05 m | Laminate, Combined W/Dining, W/O To Balcony | Main |
| Dining | 2.56 × 3.05 m | Laminate, Combined W/Living, W/O To Balcony | Main |
| Kitchen | 2.9 × 3.38 m | Laminate, B/I Appliances, Stone Counter | Main |
| Primary | 2.95 × 3.2 m | Laminate, Large Window, Ensuite Bath | Main |
| 2nd Br | 2.46 × 2.46 m | Laminate, Sliding Doors, Closet | Main |
Listing history
Buy/sell history for 1005-5 Buttermill Ave, Vaughan, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $424,900 | N/A | For Sale | N14092560 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $84,980
- Total mortgage amount
- $339,920
- Total interest payment
- $241,780
- Total purchase cost
- $666,680
- Mortgage payment
- $1,939/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
27%Monthly carrying cost
$2,623- Rent $2,450
- Shortfall $173
Rental income opens at $2,450, the median asking rent of 115 comparable homes for lease in Vaughan Corporate Centre. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $4,973
- Total land transfer tax
- $4,973
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $973
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $424,900
- $498
- Ontario total
- $4,973
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The market
Condos for sale in Vaughan Corporate Centre right now
- For sale now
- 73
- Median asking price
- $500K
- New in 7 days
- 3
- Price cuts
- 14%
Middle half: $429K to $579K
24 in 28 days
10 listings
This home is asking 15% below the median, lower than three quarters of them.
See all homes in Vaughan Corporate CentreAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Smart Centres Bus Terminal | Brampton Transit bus rapid transit: Züm Queen | 100 m |
| Vaughan Metropolitan Centre Station | TTC subway: Line 1 Yonge-UniversityYRT bus rapid transit: Viva Orange | 300 m |
| Commerce | YRT bus rapid transit: Viva Orange | 600 m |
| Highway 7 / Creditstone Rd | YRT bus rapid transit: Viva Orange | 900 m |
| Driftwood Station | TTC light rail: Line 6 Finch West | 4.5 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Contains public transit Information made available under YRT's Open Data Licence. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Blue Willow Public SchoolYork Region DSB | Public · grades JK–8 | 2.4 km | 72%Grade 6 average |
| St John Bosco Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 · French Immersion | 2.4 km | 81%Grade 6 average |
| St Gabriel the Archangel Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 2.6 km | 59%Grade 6 average |
| ÉÉC Le-Petit-PrinceConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 5.9 km | 88%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Father Bressani Catholic High SchoolYork CDSB | Catholic · grades 9–12 · French Immersion | 2.8 km | 70%Grade 9 math |
| St Luke Learning CentreYork CDSB | Catholic · grades 9–12 | 2.8 km | — |
| ÉSC de l'Ascension - VaughanConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 3.4 km | 57%Grade 9 math |
| Woodbridge CollegeYork Region DSB | Public · grades 9–12 · French Immersion | 4.7 km | 50%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Vaughan Corporate Centre are shown to signed-in members.