5 Buttermill Ave #1503, Vaughan

Name: 5 Buttermill Avenue, Unit 1503
SKU: N13669504
Price: 535000 CAD
Availability: InStock

2 Bed, 2 Bath Condo in Vaughan

Unit 1503 at 5 Buttermill Avenue

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!

2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $764 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 5 Buttermill Ave #1503

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 700-799 sq ftas stated on the listing
Parking: 1 spaceYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 1

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

5 Buttermill Ave #1503 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—IncreasedPrice increasedThis listingMLS® N13669504+$36,000 (7.2%)$535,000
Aug 12, 2026For saleListedThis listingMLS® N13669504$499,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 5 Buttermill Ave #1503 Compares to the Vaughan Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Above Market· based on 2,008 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Vaughan market, last 90 days

Median sold price: $1,140,000
Average sold price: $1,222,920
Average days on market: 33
Homes sold: 1,165

Closed sales on the TRREB MLS®.

Full Vaughan market report

Market pulse · Vaughan

Vaughan market

Median sold price$1,140,000Last 90 days
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.7%On average, homes sold below asking.
Active listings1,594Homes for sale here right now.
Median vs prior 90 days+5.1%Compared with Apr 26 – Jul 25, 2026: prices up.

Based on 1,165 sales from Jul 25 – Oct 23, 2026 (849 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Vaughan

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 1503 — 5 Buttermill Avenue 2 bd · 2 ba · 700 sqft	$535,000asking	$764	—	—
5 Emerald Lane 1 bd · 1 ba · 600 sqft
343 Clark Avenue 2 bd · 2 ba · 1,400 sqft
5 Buttermill Avenue 2 bd · 2 ba · 600 sqft
2900 Highway 7 N/A 1 bd · 1 ba · 500 sqft
9085 Jane Street 1 bd · 1 ba · 700 sqft
2908 Highway 7 Road 2 bd · 2 ba · 800 sqft

5 Emerald Lane
1 bd · 1 ba · 600 sqft
343 Clark Avenue
2 bd · 2 ba · 1,400 sqft
5 Buttermill Avenue
2 bd · 2 ba · 600 sqft
2900 Highway 7 N/A
1 bd · 1 ba · 500 sqft
9085 Jane Street
1 bd · 1 ba · 700 sqft
2908 Highway 7 Road
2 bd · 2 ba · 800 sqft

More in this building

11 for sale · 7 for rent at 5 Buttermill Ave — plus its sale and lease history.

See all of 5 Buttermill Ave

Living in Vaughan: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Vaughan Metropolitan Centre StationLine 1330 m4 min walk
Highway 407 StationLine 11.6 km20 min walk
Pioneer Village StationLine 12.7 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Vaughan Metropolitan Centre Station (Line 1)4 min walk
Highway 407 Station (Line 1)20 min walk
Pioneer Village Station (Line 1)2.7 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Vaughan Metropolitan Centre Station
330 m4 minClosest· Line 1
Homes near Vaughan Metropolitan Centre Station
Highway 407 Station
1.6 km20 min· Line 1
Homes near Highway 407 Station
Pioneer Village Station
2.7 km· Line 1
Homes near Pioneer Village Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 5 Buttermill Ave #1503. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 5 Buttermill Ave #1503

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,628; 20% down · 25 years · 5.5% assumed
Property tax: $294; 0.66% mill rate · ON
Total per month: $2,922; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,628

/mo

based on the purchase price of $535,000

Down payment20%

$107,000 cash

Amortization25 yr

$428,000 financed

Rate5.50%

$360,488 total interest

Principal54%$428,000

Interest46%$360,488

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

Book a tour of 5 Buttermill Ave #1503 with a licensed buyer's agent

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Questions About 5 Buttermill Ave #1503

How much is 5 Buttermill Ave #1503 listed for?

5 Buttermill Ave #1503 is listed at $535,000 (MLS® N13669504). Summitly updates the price as soon as the MLS® record changes.

Is $535,000 a good price for 5 Buttermill Ave #1503?

Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Vaughan. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 5 Buttermill Ave #1503 changed?

Yes — it was first listed at $499,000 and is now $535,000, an increase of $36,000 (7.2%).

How many bedrooms and bathrooms does 5 Buttermill Ave #1503 have?

5 Buttermill Ave #1503 has 2 bedrooms and 2 bathrooms, with about 700–799 square feet of living space. It is a condo in Vaughan.

Is 5 Buttermill Ave #1503 close to transit?

The nearest rapid-transit station is Vaughan Metropolitan Centre Station (Line 1), about 330 m (about a 4-minute walk) in a straight line. Highway 407 Station is about 1.6 km (about a 20-minute walk), and Pioneer Village Station is about 2.7 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 5 Buttermill Ave #1503?

About $2,628 a month — principal and interest on $535,000 with 20% down ($107,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 5 Buttermill Ave #1503 compare with other homes in Vaughan?

Its asking price of $535,000 is about 53% below the median sold price in Vaughan over the last 90 days, $1,140,000, across 1,165 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 5 Buttermill Ave #1503 been sold before?

Summitly has no earlier MLS® sale or lease of 5 Buttermill Ave #1503 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 5 Buttermill Ave #1503?

5 Buttermill Ave #1503 is in Vaughan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 5 Buttermill Ave #1503 been on the market?

72 days — 5 Buttermill Ave #1503 was listed on August 12, 2026.

What is the price per square foot of 5 Buttermill Ave #1503?

About $670 to $764 per square foot: the asking price of $535,000 over the 700–799 sq ft the listing gives as its size range.

Does 5 Buttermill Ave #1503 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

What you should know