5 Buttermill Ave Condos, Vaughan

Vaughan Real Estate Condos for Sale and Rent


5 Buttermill Ave, Vaughan L4K0J5

Transit City 2 was built by
CentreCourt Developments Inc.CentreCourt Developments is one of Toronto's fastest-growing real estate developers, and the company has managed to impress consumers quite profoundly.
and completed in year 2020.

There are total 55 floors and approximately 550 units.

The building currently has 12 units on sale, and 8 for lease.

Condo monthly management fee includes: Heat and Air Conditioning.

Condo facility includes: Gym, 24/7 Concierge & Security, Party/Meeting Room and Guest Suite.

Condo Building Analysis

For Sale

Condo values have decreased 6.6% compared with the same period last year.

Maintenance costs have increased 5.1% compared with last year.

Recent Adjusted Sold Price Range (Excluding Parking/Locker)
$640 – $710/sqft

For Lease

Rent levels have remained relatively stable compared with the same period last year.

Recent Rent Range
$2.83 – $4.00/sqft

How This Condo Compares

Price Position
6.8% Higher
Recent sale prices are above similar-age condos in the community.
Maintenance Cost
9% Lower
Adjusted maintenance costs are below similar-age condo buildings in the community.
Effective Cost
15.3% Lower
Estimated occupancy costs are lower than similar-age condo buildings in the community after adjusting for included utilities.


School Information

Local Area Profile

This property is located in an area with a significant rental housing presence with a strong concentration of apartment and condominium housing. Approximately 55% of residents hold a bachelor's degree or higher, while about 20% have a college credential. Residents use a combination of driving and public transit for commuting.



Commute Information

Toronto Subway Vaughan Metro Centre Subway Station: 0.3km (~5 mins walk)

Active listings

Unit Beds Baths Parkings Space(Sqf) Price($)
PH07 2 2 0 600-699 523,000
6005 2 2 0 600-699 520,000
6102 3 2 1 900-999 679,000
2006 2 2 0 600-699 429,000
1503 2 2 1 700-799 535,000
2008 2 2 0 600-699 479,000
1608 2 2 0 600-699 478,000
2501 2+1 2 0 800-899 589,000
1005 2 2 0 600-699 424,900
5702 3 2 1 900-999 599,887
PH09 2+1 2 1 700-799 649,000
3501 2+1 2 1 800-899 618,000


Location



Building's Remark

Other Information

If you plan to buy or sell a condo or want to learn more about real estate investment opportunities in Vaughan, please contact Vaughan real estate agent Alan Zheng at 647-877-9311.

Exploring other communities across the GTA? Compare current listings and market insights through our Richmond Hill real estate, Markham real estate, and Toronto real estate guides.



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