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    503 - 5 Buttermill Ave

    For SaleTransit City Condos
    $499,800
    1 Bed
    1 Bath
    0 Parking
    552 SQFT
    4 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $415/mth
    Taxes:
    $2,156 (2024)
    Cost Per Sqft:
    $905/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    Immediately
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Foyer
    Laminate, Closet, Windows Floor to Ceiling
    11.94 x 4.04ft
    Living
    Laminate, Walkout To Balcony, Open Concept
    20.83 x 9.97ft
    Kitchen
    Laminate, Quartz Counter, Stainless Steel Appliances
    11.06 x 9.42ft

    About this Listing

    Attention First-Time Home Buyers and Young Professionals! This stunning unit is an absolute must-see, offering a perfect blend of modern living and convenience. As you step inside, you'll be greeted by a spacious open-concept layout, designed to maximize both comfort and functionality. The 9-foot ceilings create an airy and open feel, while the floor-to-ceiling windows allow an abundance of natural light to flood the space, giving the entire unit a bright and welcoming atmosphere. The laminate flooring adds a sleek and contemporary touch, perfectly complementing the modern kitchen, which is equipped with stainless steel appliances, ample counter space, and a cozy breakfast area that's perfect for casual dining or morning coffee. Location is everything, and this unit delivers in every way. Just steps away from the subway, you'll enjoy quick and easy access to downtown Toronto. Plus, with restaurants, shopping, a YMCA, and a childcare centre right at your doorstep, your day-to-day convenience is unmatched. Whether you're commuting to the city, heading to Vaughan Mills Mall, Canadas Wonderland, or hopping on HWY 400, youll be perfectly positioned for all your needs.

    re/max premier inc.MLS® #N9351249


    Amenities

    Media Room
    Rooftop Deck
    Bike Storage
    Games Room
    Gym Room
    Concierge

    Explore Neighbourhood

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,012
    Average Individual Income
    $74,684
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $122,482
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    18%
    50 - 64
    24%
    65+
    19%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    46%
    Semi Detached
    19%
    High Rise Apartment
    13%
    Low Rise Apartment
    10%
    Duplex
    9%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    73%
    Other
    9%
    Cantonese
    7%
    Mandarin
    6%
    Tagalog
    2%
    Russian
    1%
    Spanish
    1%
    Tamil
    1%
    Education
    High School
    30%
    University and Above
    27%
    None
    17%
    College
    16%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    18%
    Health & Related Fields
    14%
    Social Sciences
    14%
    Personal, Protective & Transportation Services
    5%
    Humanities
    4%
    Physical Sciences
    4%
    Math & Computer Sciences
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Transit City Condos vs The Vaughan Metropolitan Centre Area

    Days on Strata

    Units at Transit City Condos spend an average of
    29
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Vaughan Metropolitan Centre

    Turnover of Units

    On average, each unit is owned for
    4.6
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 10 condos in the Vaughan Metropolitan Centre area

    Sold Units

    57
    Units were Sold over the past twelve months

    Rented Units

    264
    Units were Rented over the past twelve months

    Best Value Rank

    Transit City Condos offers the
    ?
    best value out of 10 condos in the Vaughan Metropolitan Centre neighbourhood

    Appreciation Rank

    Transit City Condos has the
    ?
    highest ROI out of 10 condos in the Vaughan Metropolitan Centre neighbourhood

    Rental Yield

    Transit City Condos yields the
    ?
    highest rent prices out of 10 condos in the Vaughan Metropolitan Centre neighbourhood

    High Demand

    Transit City Condos is the
    ?
    most popular building out of 10 condos in the Vaughan Metropolitan Centre neighbourhood

    Transaction Insights at 5 Buttermill Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$420,000 - $505,000$490,000 - $525,000$560,000 - $700,000$605,000 - $730,750$720,000 - $762,800No Data
    Avg. Cost Per Sqft$868$924$900$893$772No Data
    Avg. Wait for Unit Availability50 Days49 Days10 Days19 Days71 DaysNo Data
    Ratio of Units in Building10%11%46%25%10%1%

    Transactions vs Inventory

    Total number of units listed and sold in Vaughan Metropolitan Centre