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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5 + 1
ROOMSN9370400
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Property Description
Experience luxury living at the highly sought-after Transit City Tower 1, nestled in the vibrant heart of the Vaughan Metropolitan Centre! This modern, sun-drenched 2+1-bedroom, 2-bathroom unit offers an expansive balcony with stunning, unobstructed southeast views of the city. The open-concept design boasts floor-to-ceiling windows, soaring 9 ft ceilings, and sleek laminate flooring throughout. The upgraded kitchen is perfect for entertaining, featuring quartz countertops and premium stainless steel appliances. Just steps to VMC Subway Station and bus terminal, and minutes from York University, Hwy 400, Vaughan Mills, restaurants, and a host of local amenities. Ideal for both investors and end-users with unlimited potential! Parking is located at a very convenient location.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-03-20 | 2023-04-11 | 22 | $2,650 | $2,650 | Leased |
| 2022-04-18 | 2022-04-30 | 12 | $2,400 | $2,450 | Leased |
| 2020-09-25 | 2020-10-08 | 13 | $2,000 | $2,000 | Leased |
Nearby Intersections
Highway 7 & Weston (53)
Highway 7 & Jane (125)
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,634 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 17.78' x 11.68' | Laminate, Window, Balcony |
| Dining | Main | 17.78' x 11.68' | Laminate, Window, Stainless Steel Appl |
| Prim Bdrm | Main | 11.88' x 10.10' | Laminate, Window, Closet |
| 2nd Br | Main | 8.86' x 10.50' | Laminate, Window, Closet |
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Vaughan Market Statistics
Vaughan Price Trend
5 Buttermill Ave 601 is a 2-bedroom 2-bathroom condo listed for sale at $648,000, which is $79,401 (10.9%) lower than the average sold price of $727,401 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 2 bedroom condo in Vaughan declined by $47,308 (6.1%) compared to the previous 30 day period (August 18 - September 16) and down $82,755 (10.2%) from the same time one year ago.Inventory Change
There were 127 2-bedroom condos listed in Vaughan over the last 30 days (September 17 - October 16), which is down 11.2% compared with the previous 30 day period (August 18 - September 16) and up 0.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Vaughan typically sold ($23,916) (3.3%) below asking price over the last 30 days (September 17 - October 16), which represents a $3,649 decrease compared to the previous 30 day period (August 18 - September 16) and ($24,030) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Vaughan over the last 30 days (September 17 - October 16) stood at 37.8%, up from 25.9% over the previous 30 days (August 18 - September 16) and up from 26.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Vaughan stood at 39 days when successfully sold over the last 30 days (September 17 - October 16), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Skyland Realty Inc.
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