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.
2 bedrooms, 2 bathrooms, about 600 sq ft, works out to roughly $708 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 #1005
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
600-699 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
5 Buttermill Ave #1005 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,087
/mo
based on the purchase price of $424,900
$84,980 cash
$339,920 financed
$286,302 total interest
Principal54%$339,920
Interest46%$286,302
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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.
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Similar homes for sale nearby in Vaughan
Other 1-bed homes for sale in Vaughan around $425K.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.7%On average, homes sold below asking.
Active listings1,601Homes for sale here right now.
Median vs prior 90 days+4.0%Compared with Apr 23 – Jul 22, 2026: prices up.
Based on 1,203 sales from Jul 22 – Oct 20, 2026 (826 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
12 for sale · 8 for rent at 5 Buttermill Ave — plus its sale and lease history.
5 Buttermill Ave #1005 is listed at $424,900 (MLS® N14092560). Summitly updates the price as soon as the MLS® record changes.
Is $424,900 a good price for 5 Buttermill Ave #1005?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% 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 #1005 changed?
No — 5 Buttermill Ave #1005 is still listed at its original asking price of $424,900.
How many bedrooms and bathrooms does 5 Buttermill Ave #1005 have?
5 Buttermill Ave #1005 has 2 bedrooms and 2 bathrooms, with about 600–699 square feet of living space. It is a condo in Vaughan.
Is 5 Buttermill Ave #1005 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 #1005?
About $2,087 a month — principal and interest on $424,900 with 20% down ($84,980), 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 #1005 compare with other homes in Vaughan?
Its asking price of $424,900 is about 63% below the median sold price in Vaughan over the last 90 days, $1,135,000, across 1,203 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 #1005 been sold before?
Yes — Summitly has 1 earlier MLS® listing of 5 Buttermill Ave #1005 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 5 Buttermill Ave #1005?
5 Buttermill Ave #1005 is in Vaughan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5 Buttermill Ave #1005 been on the market?
1 day — 5 Buttermill Ave #1005 was listed on October 19, 2026.
What is the price per square foot of 5 Buttermill Ave #1005?
About $608 to $708 per square foot: the asking price of $424,900 over the 600–699 sq ft the listing gives as its size range.
Does 5 Buttermill Ave #1005 have a basement, and is it finished?
The listing says 5 Buttermill Ave #1005 has no basement.