1503-5 Buttermill Ave
Vaughan Corporate Centre, Vaughan, Ontario L4K 0J5
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700–799sq ft
- Per sq ft
- $714at the range’s middle
- Tax a year
- $2,7262025 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 1503-5 Buttermill Ave
1503-5 Buttermill Ave is a 2-bedroom, 2-bathroom condo in Vaughan Corporate Centre, Vaughan, listed for sale at an asking price of $535,000 (MLS® N13669504).
Welcome to sophisticated urban living at 5 Buttermill Avenue, Unit 1503. This stunning 2-bedroom, 2-bathroom residence is the epitome of modern style and functional comfort, situated on the desirable 12th floor of the highly coveted Transit City 2 tower. Flooded with natural light through soaring floor-to-ceiling windows, the bright, open-concept floor plan maximizes every square foot of interior living space. The sleek, contemporary kitchen boasts premium quartz countertops, seamless built-in appliances, and a panelled refrigerator that blends beautifully into the custom cabinetry. Step out onto your private balcony to enjoy impressive unobstructed views and unforgettable evening sunsets from your 12th-story vantage point.The primary bedroom serves as a peaceful retreat with its own dedicated full ensuite bathroom. A spacious second bedroom and an additional pristine full bath offer ultimate flexibility for a growing family, guests, or a dedicated work-from-home office space. This incredible unit is complete with convenient in-suite laundry and custom window coverings. Residents enjoy world-class, 5-star amenities, including a 24-hour concierge, full fitness centre, training pool,social party rooms, a golf simulator, and an outdoor terrace equipped with BBQs. Commuting is effortless with the Vaughan Metropolitan Centre (VMC) Subway Station and rapid bus terminal just steps away, linking you directly to York University and downtown Toronto. With instant access to Highways 400, 407, and 7, plus unbeatable proximity to local dining, Cineplex, IKEA,and Vaughan Mills, this is a premium turn-key opportunity you do not want to miss!
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall34/100−$858/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
- $2,726 / 2025
- MLS® number
- N13669504
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 700-799 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Vaughan Corporate Centre
- Municipality
- Vaughan
Building
- Size
- 700-799 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc Main, 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- ALL EXISTING ELECTRICAL LIGHT FIXTURES, ALL EXISTING WINDOW COVERINGS, ALL EXISTING APPLIANCES, EXISTING WASHER & DRYER.
- Condo maint.
- $640
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.53 × 5.83 m | Laminate, W/O To Balcony, Window Flr to Ceil | Main |
| Kitchen | 3.53 × 5.83 m | Laminate, B/I Appliances, Quartz Counter | Main |
| Primary | 3.33 × 5.83 m | Laminate, 4 Pc Ensuite, Closet | Main |
| 2nd Br | 3.02 × 3.18 m | Laminate, Closet, Window Flr to Ceil | Main |
Listing history
Buy/sell history for 1503-5 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 | $535,000 | N/A | Pc | N13669504 |
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
- $107,000
- Total mortgage amount
- $428,000
- Total interest payment
- $304,300
- Total purchase cost
- $839,300
- Mortgage payment
- $2,441/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
48%Monthly carrying cost
$3,308- Rent $2,450
- Shortfall $858
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
- $7,175
- Total land transfer tax
- $7,175
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $3,175
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 $535,000
- $2,700
- Ontario total
- $7,175
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 land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 80 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 15.2 m.250 m
- Groundwater recorded about 4 m below ground nearbyThe middle water level in the well records within 500 m (306 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 6.2 km6.2 km
Province of Ontario open data
Around the home1
- Nearest rail line: 770 m770 m
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 3 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Wonder Brands Inc. — WonderBrands Concord, 450 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 80 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (80 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.80 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, QuaenetFi, Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
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 7% above the median.
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 | 2.3 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 | 6 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.