5 Buttermill Avenue 1005, Vaughan

$424,900
5 Buttermill Avenue 1005

$424,900

New
4d
Condo ApartmentApartment

5 Buttermill Avenue 1005, Vaughan

Total Monthly Obligation $2,599

HausQ Valuation Report
Beds
2
Baths
2
Park
0
Sqft
600-699
DOM
4d
Score
23
Yield
7.0%
Cash on Cash
0.4%
Cap Rate
4.7%
5Y IRR
15.9%
10Y IRR
14.9%
Property Type-Condo Apartment
MLS® Number-N14092560
Beds-2
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,452.5 (2026)
Maintenance-$480.22/mo
Locker-None
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible / TBA
Neighbourhood-Vaughan Corporate Centre
Title-Residential Condo & Other

No agent assigned

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.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$339,920
Land Transfer Taxes$4,973
Legal Fees (Est.)
$
Total cash required for closing$91,453

Total Monthly Obligation

$2,599/mo
Mortgage $1,714
Monthly Loss $2,148
Principal$451
Interest$1,263
Property Tax$204
Condo Fees$480
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.0%2
5-Year IRR
11.9%49
10-Year IRR
12.2%
Returns Index
25.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$29,556/yr
NOI
$15,985/yr
Net Cash Flow
-$382/mo
Cash Margin
-15.5%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
31.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 5 Buttermill Avenue 1005

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.