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$523,000
TRANSIT CITY 2 · 5 Buttermill Avenue · Vaughan · Ontario L4K 0J5
147 days on market
BEAUTIFUL SUN FILLED 2 BED & 2 BATH UNIT, TRANSIT CITY2 CONDO, PANORAMIC SOUTH VIEW, STEPS TO VMC SUBWAY STATION & BUS TERMINAL, OPEN CONCEPT, 9" CEILING, TWO SPLIT BEDROOM, FULL BALCONY, FIVE MINUTES SUBWAY RIDE TO YORK UNIVERSITY, CLOSE TO YMCA, IKEA, WALMART, VAUGHAN MILLS & CANADA'S WONDERLAND, MAJOR HWY HWY 400 & 407.
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
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Seller signals
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: HOMELIFE FRONTIER REALTY INC.
Source: TRREB/PROPTX · MLS® N13215798
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $23,809 | $1,984/mo |
| Government & taxes | ||
| Property tax | $2,696 | $225/mo |
| Land transfer tax(closing) | $6,935 | $578/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $5,230 | $436/mo |
| Condo fees | ||
| Condo / HOA fees | $6,133 | $511/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $55,463 | $4,622/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.