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    Transit City Condos

    5 Buttermill Avenue & 898 Portage Parkway & 3210 Highway 7 & 100 New Park Place

    21for Sale
    35for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    55
    Number of Units:
    1700
    Condo Completion:
    2020
    Condo Demand:
    Medium
    Unit Size Range:
    499 - 1,899 SQFT
    Unit Availability:
    High
    Property Management:

    Listing History for Transit City Condos

    Amenities

    Media Room
    Bike Storage
    Indoor Parking
    Games Room
    Visitor Parking
    Rooftop Deck

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Everything You Need to Know About 5 Buttermill Avenue

    Transit City Condos consists of 3 towers, standing 55 storeys tall in the Vaughan Metropolitan Centre neighbourhood. The development is so large that it actually encompasses 4 addresses: 5 Buttermill Avenue, 898 Portage Parkway, 3210 Highway 7 & 100 New Park Place.

    Its location was selected to provide condo residents with easy access to the recently-built Vaughan Metropolitan Centre Subway Station, less than a 2-minute walk from the building.

    Price of condos at 5 Buttermill Avenue

    Here is some pricing data, based on transactions over the past 12 months:

    The average condo sale price can range from $528,000 for a one bedroom to $835,000 for a 3 bedroom plus den. The average price for rentals can range anywhere from $1,700 to $3,600 per month.

    From a cost per-square-foot perspective, units here are selling at $899 PSF, and leasing at $3.42 PSF.

    How many condos have sold and rented at 5 Buttermill Avenue?

    In the past year, 240 suites have rented, and 65 have sold.

    There are currently 19 units available for sale and 9 for rent. On average, a condo will sell in 17 days and rent in 19, which means this condo is in high demand.

    The Suites

    With 1,700 condos in the complex, it goes without saying there's plenty of selection for prospective buyers. Suite sizes range from 501 to 1,899 square feet. All units come equipped with high-end finishes and appliances.

    Units can have different types of flooring depending on the original occupant’s selection. Some feature luxurious hardwood, while others have laminate or a combination of wood-vinyl. Prospective buyers will find efficiently-designed kitchens with integrated appliances and stone countertops. As well, units come with stackable laundry.

    Bathrooms are well-appointed, and residents here love their rain showerheads. Large floor-to-ceiling windows provide an abundance of natural light, giving units a warm atmosphere.

    What amenities does Transit City Condos offer?

    5 Buttermill Avenue contains an extensive 24,000 square foot amenity centre as one would expect from Concord. Residents have every convenience available, including:

    • Fitness Centre
    • Rooftop Pool and Deck
    • Indoor Track
    • Saunas
    • Yoga Studio
    • Basketball and Squash Courts
    • Party Room
    • Business Centre

    Condo Fees

    Maintenance fees are $0.69 per-square-foot. This is lower than the neighbourhood average of $0.70 per-square-foot.

    However, condo fees only cover the general upkeep of the building. Residents must pay separately for:

    • Hydro
    • Heat
    • Air conditioning
    • Water

    The Neighbourhood

    Transit City Condos is surrounded by great local amenities. Shopping is easy with dozens of big box stores near 898 Portage Parkway, plus the colossal SmartCentres Woodbridge on the opposite side of Highway 400.

    For dining out, there are multiple options close to home. They include Via Panini Italian Sandwiches, Gordo's Diner, Botticelli Restaurant, and St. Louis Bar & Grill. Coffee lovers have one of the best sources close by with Balzacs just around the corner.

    Vaughan is a fantastic place to raise families as this is an area where kids can still explore the great outdoors. Boyd Conservation Park provides kilometres of walking trails with beautiful natural scenery. Green spaces are evenly spread throughout residential areas, and there are great schools with athletic facilities nearby. 5 Buttermill Avenue is a somewhat commercial area. But the 9 acres of green space on-site should be plenty.

    And of course, we could hardly mention Vaughan without acknowledging Canada’s Wonderland — arguably Canada's best park for young kids.

    What is the walk score of 5 Buttermill Avenue?

    This property has a walk score of 43, making it easier to get around the neighbourhood with a car. The transit score is much better at 86, offering an impressive public transportation network. Meanwhile, the bike score is decent at 64.

    What is the local real estate market like?

    The neighbourhood of Vaughan Metropolitan Centre does not have a particularly active condo market. However, anyone looking to purchase here will be glad to know they're in buyer territory. Strata.ca data shows that, on average, buyers are paying about 2.5% under the asking price.

    However, the opposite is true for the rental market. It is landlords who have the upper hand with tenants currently paying about 2% above the asking lease price.

    Building Age

    This master-planned condo community was completed in 2020, adding 1,700 much-needed units to the city of Vaughan. Concord built this complex; the same developers behind Toronto's famous CityPlace.

    Transportation

    The Transit City Condos live up to their name by providing incredible access to public transportation. Vaughan Metropolitan Bus Terminal is right outside the building. A subway station with the same namesake is just a 5-minute walk away for easy commuting to the downtown core. The total ride only takes about 50 minutes.

    Motorists, however, have it made. The nearest on-ramp to Highway 400 is only 1 kilometre from the building. As well, there is easy access to the 407 and Highway 7. Even with a little traffic, drivers can make it downtown in roughly 30 to 40 minutes.

    Summary

    Units at 5 Buttermill Avenue are among the most expensive in the area with an average cost per-square-foot of $899. It is the third most expensive out of nine nearby condos. But this property makes up for it by offering world-class amenities, while keeping maintenance fees roughly on par with the neighbourhood average. And with convenient access to public transit, plus its close proximity to Highway 400 — it’s not hard to see why this condo is in high demand all year round.

    Have your heart set on this area, but nothing on the market that interests you? Then be sure to consider 7890 Jane Street, 7895 Jane Street and 10 Honeycrisp Crescent, which are all comparable.

    21

    Listings For Sale

    Interested in receiving new listings for sale?

    898 Portage Pkwy, unit Lph6111 for sale - image #1
    898 Portage PkwyVaughan Metropolitan Centre
    1 Bed1 Bath700 SQFT0 Parking
    $338/mth Condo Fee34 Days on Strata
    5 Buttermill Ave, unit 5708 for sale - image #1
    $549,000
    5 Buttermill AveVaughan Metropolitan CentreUnit 5708
    2 Beds2 Baths699 SQFT0 Parking
    $421/mth Condo Fee25 Days on Strata
    5 Buttermill Ave, unit 5803 for sale - image #1
    $568,000
    5 Buttermill AveVaughan Metropolitan CentreUnit 5803
    2 Beds2 Baths699 SQFT1 Parking
    $534/mth Condo Fee6 Days on Strata
    5 Buttermill Ave, unit 1108 for sale - image #1
    $599,000
    5 Buttermill AveVaughan Metropolitan CentreUnit 1108
    2 Beds2 Baths621 SQFT0 Parking
    $421/mth Condo Fee19 Days on Strata
    898 Portage Pkwy, unit 1205 for sale - image #1
    898 Portage PkwyVaughan Metropolitan Centre
    2 Beds2 Baths665 SQFT0 Parking
    $453/mth Condo Fee39 Days on Strata
    898 Portage Pkwy, unit 3506 for sale - image #1
    $628,800
    Price Increase: $40,800 (Apr 18)
    898 Portage PkwyVaughan Metropolitan CentreUnit 3506
    2 Beds2 Baths639 SQFT0 Parking
    $453/mth Condo Fee38 Days on Strata
    5 Buttermill Ave, unit 3207 for sale - image #1
    $669,000
    Price Cut: $20,000 (Apr 18)
    5 Buttermill AveVaughan Metropolitan CentreUnit 3207
    2 Beds2 Baths638 SQFT1 Parking
    $529/mth Condo Fee76 Days on Strata
    5 Buttermill Ave, unit 3708 for sale - image #1
    $675,000
    5 Buttermill AveVaughan Metropolitan CentreUnit 3708
    2 Beds2 Baths638 SQFT0 Parking
    $458/mth Condo Fee45 Days on Strata
    898 Portage Pkwy, unit 5110 for sale - image #1
    $721,900
    898 Portage PkwyVaughan Metropolitan CentreUnit 5110
    2 Beds2 Baths699 SQFT1 Parking
    $566/mth Condo Fee8 Days on Strata
    898 Portage Pkwy, unit 5003 for sale - image #1
    $729,000
    Price Cut: $40,000 (Apr 18)
    898 Portage PkwyVaughan Metropolitan CentreUnit 5003
    2 Beds + 12 Baths699 SQFT1 Parking
    $534/mth Condo Fee48 Days on Strata
    5 Buttermill Ave, unit #3001 for sale - image #1
    $730,000
    5 Buttermill AveVaughan Metropolitan CentreUnit #3001
    2 Beds + 12 Baths811 SQFT1 Parking
    $608/mth Condo Fee3 Days on Strata
    898 Portage Pkwy, unit 2710 for sale - image #1
    $738,000
    898 Portage PkwyVaughan Metropolitan CentreUnit 2710
    2 Beds2 Baths699 SQFT1 Parking
    $534/mth Condo Fee135 Days on Strata
    5 Buttermill Ave, unit 5009 for sale - image #1
    $749,800
    5 Buttermill AveVaughan Metropolitan CentreUnit 5009
    2 Beds + 12 Baths774 SQFT1 Parking
    $582/mth Condo Fee16 Days on Strata
    5 Buttermill Ave, unit 4202 for sale - image #1
    $750,000
    5 Buttermill AveVaughan Metropolitan CentreUnit 4202
    3 Beds2 Baths946 SQFT1 Parking
    $720/mth Condo Fee26 Days on Strata
    5 Buttermill Ave, unit 2701 for sale - image #1
    5 Buttermill AveVaughan Metropolitan Centre
    2 Beds + 12 Baths883 SQFT1 Parking
    $608/mth Condo Fee80 Days on Strata
    5 Buttermill Ave, unit 2709 for sale - image #1
    $765,000
    5 Buttermill AveVaughan Metropolitan CentreUnit 2709
    2 Beds + 12 Baths824 SQFT1 Parking
    $615/mth Condo Fee34 Days on Strata
    5 Buttermill Ave, unit 6101 for sale - image #1
    5 Buttermill AveVaughan Metropolitan Centre
    2 Beds + 12 Baths820 SQFT1 Parking
    $640/mth Condo Fee39 Days on Strata
    898 Portage Pkwy, unit 902 for sale - image #1
    898 Portage PkwyVaughan Metropolitan Centre
    3 Beds2 Baths947 SQFT1 Parking
    $720/mth Condo Fee13 Days on Strata
    $799,000
    898 Portage PkwyVaughan Metropolitan CentreUnit 4002
    3 Beds2 Baths900 - 999 SQFT1 Parking
    $687/mth Condo Fee1 Day on Strata
    5 Buttermill Ave, unit 4002 for sale - image #1
    $799,800
    5 Buttermill AveVaughan Metropolitan CentreUnit 4002
    3 Beds2 Baths1000 - 1199 SQFT1 Parking
    $687/mth Condo Fee59 Days on Strata
    898 Portage Pkwy, unit 4702 for sale - image #1
    $858,000
    Price Increase: $160,000 (Apr 18)
    898 Portage PkwyVaughan Metropolitan CentreUnit 4702
    3 Beds2 Baths963 SQFT1 Parking
    $720/mth Condo Fee20 Days on Strata
    35

    Listings For Rent

    Interested in receiving new listings for rent?

    898 Portage Pkwy, unit 3511 for rent - image #1
    898 Portage PkwyVaughan Metropolitan Centre
    1 Bed1 Bath500 - 599 SQFT0 Parking
    Available Mar 18, 202434 Days on Strata
    5 Buttermill Ave for rent  - image #1
    $2,150/mth
    Price Cut: $100 (Apr 18)
    5 Buttermill AveVaughan Metropolitan Centre
    1 Bed1 Bath500 - 599 SQFT0 Parking
    Available May 1, 202419 Days on Strata
    898 Portage Pkwy, unit 1612 for rent - image #1
    898 Portage PkwyVaughan Metropolitan Centre
    1 Bed + 11 Bath545 SQFT0 Parking
    Available May 5, 202416 Days on Strata
    5 Buttermill Ave, unit 602 for rent - image #1
    5 Buttermill AveVaughan Metropolitan Centre
    1 Bed + 11 Bath600 - 699 SQFT0 Parking
    Available May 1, 202433 Days on Strata
    5 Buttermill Ave, unit 5212 for rent - image #1
    $2,300/mth
    5 Buttermill AveVaughan Metropolitan CentreUnit 5212
    1 Bed + 11 Bath500 - 599 SQFT0 Parking
    Available Apr 28, 202439 Days on Strata
    5 Buttermill Ave, unit 1606 for rent - image #1
    $2,400/mth
    Price Cut: $100 (Apr 18)
    5 Buttermill AveVaughan Metropolitan CentreUnit 1606
    2 Beds2 Baths638 SQFT0 Parking
    Available May 1, 202425 Days on Strata
    5 Buttermill Ave, unit 606 for rent - image #1
    $2,400/mth
    Price Cut: $300 (Apr 18)
    5 Buttermill AveVaughan Metropolitan CentreUnit 606
    2 Beds2 Baths600 - 699 SQFT0 Parking
    Available May 1, 202424 Days on Strata
    5 Buttermill Ave, unit 4305 for rent - image #1
    $2,400/mth
    5 Buttermill AveVaughan Metropolitan CentreUnit 4305
    2 Beds2 Baths699 SQFT0 Parking
    Available May 1, 202451 Days on Strata
    5 Buttermill Ave, unit 4507 for rent - image #1
    $2,400/mth
    5 Buttermill AveVaughan Metropolitan CentreUnit 4507
    2 Beds2 Baths621 SQFT0 Parking
    Available Apr 1, 202446 Days on Strata
    5 Buttermill Ave, unit 5205 for rent - image #1
    $2,450/mth
    5 Buttermill AveVaughan Metropolitan CentreUnit 5205
    2 Beds2 Baths700 - 799 SQFT0 Parking
    Available Immediately5 Days on Strata
    898 Portage Pkwy, unit 1906 for rent - image #1
    $2,480/mth
    Price Cut: $101 (Apr 18)
    898 Portage PkwyVaughan Metropolitan CentreUnit 1906
    2 Beds2 Baths626 SQFT0 Parking
    Available Jun 1, 20249 Days on Strata
    898 Portage Pkwy, unit 6108 for rent - image #1
    $2,500/mth
    898 Portage PkwyVaughan Metropolitan CentreUnit 6108
    2 Beds2 Baths640 SQFT0 Parking
    Available Apr 1, 202437 Days on Strata
    898 Portage Pkwy, unit 3207 for rent - image #1
    $2,500/mth
    Price Cut: $88 (Apr 18)
    898 Portage PkwyVaughan Metropolitan CentreUnit 3207
    2 Beds2 Baths638 SQFT0 Parking
    Available Mar 18, 202441 Days on Strata
    898 Portage Pkwy, unit 1805 for rent - image #1
    $2,500/mth
    898 Portage PkwyVaughan Metropolitan CentreUnit 1805
    2 Beds2 Baths778 SQFT0 Parking
    Available Immediately15 Days on Strata
    898 Portage Pkwy, unit 5708 for rent - image #1
    898 Portage PkwyVaughan Metropolitan Centre
    2 Beds2 Baths699 SQFT0 Parking
    Available May 15, 20243 Days on Strata
    898 Portage Pkwy, unit 3205 for rent - image #1
    $2,600/mth
    898 Portage PkwyVaughan Metropolitan CentreUnit 3205
    2 Beds2 Baths700 - 799 SQFT0 Parking
    Available To Be Arranged147 Days on Strata
    898 Portage Pkwy, unit 4805 for rent - image #1
    $2,600/mth
    898 Portage PkwyVaughan Metropolitan CentreUnit 4805
    2 Beds2 Baths600 - 699 SQFT0 Parking
    Available Jun 1, 202411 Days on Strata
    898 Portage Pkwy, unit 1205 for rent - image #1
    898 Portage PkwyVaughan Metropolitan Centre
    2 Beds2 Baths665 SQFT0 Parking
    Available May 15, 20242 Days on Strata
    898 Portage Pkwy, unit 5805 for rent - image #1
    898 Portage PkwyVaughan Metropolitan Centre
    2 Beds2 Baths634 SQFT0 Parking
    Available May 1, 20249 Days on Strata
    5 Buttermill Ave E, unit 5703 for rent - image #1
    $2,800/mth
    5 Buttermill Ave EVaughan Metropolitan CentreUnit 5703
    2 Beds2 Baths699 SQFT1 Parking
    Available Immediately11 Days on Strata
    5 Buttermill Ave, unit Ph10 for rent - image #1
    5 Buttermill AveVaughan Metropolitan Centre
    2 Beds2 Baths600 - 699 SQFT0 Parking
    Available Jun 2, 202411 Days on Strata
    898 Portage Pkwy, unit 2510 for rent - image #1
    898 Portage PkwyVaughan Metropolitan Centre
    2 Beds2 Baths700 - 799 SQFT1 Parking
    Available To Be Determined20 Days on Strata
    5 Buttermill Ave, unit 2110 for rent - image #1
    $2,800/mth
    5 Buttermill AveVaughan Metropolitan CentreUnit 2110
    2 Beds2 Baths714 SQFT1 Parking
    Available Jun 16, 202411 Days on Strata
    5 Buttermill Ave, unit 2603 for rent - image #1
    $2,850/mth
    5 Buttermill AveVaughan Metropolitan CentreUnit 2603
    2 Beds + 12 Baths638 SQFT1 Parking
    Available Dec 1, 2023159 Days on Strata
    5 Buttermill Ave, unit 1009 for rent - image #1
    5 Buttermill AveVaughan Metropolitan Centre
    2 Beds + 12 Baths819 SQFT1 Parking
    Available May 1, 20248 Days on Strata
    5 Buttermill Ave, unit 2503 for rent - image #1
    $2,850/mth
    5 Buttermill AveVaughan Metropolitan CentreUnit 2503
    2 Beds2 Baths818 SQFT1 Parking
    Available May 10, 202420 Days on Strata
    898 Portage Pkwy, unit 5303 for rent - image #1
    $2,900/mth
    898 Portage PkwyVaughan Metropolitan CentreUnit 5303
    2 Beds + 12 Baths800 - 899 SQFT1 Parking
    Available Apr 1, 202418 Days on Strata
    5 Buttermill Ave, unit 3909 for rent - image #1
    $2,900/mth
    Price Cut: $100 (Apr 18)
    5 Buttermill AveVaughan Metropolitan CentreUnit 3909
    2 Beds + 12 Baths700 - 799 SQFT1 Parking
    Available Apr 1, 202442 Days on Strata
    5 Buttermill Ave, unit 6109 for rent - image #1
    $3,000/mth
    5 Buttermill AveVaughan Metropolitan CentreUnit 6109
    2 Beds + 12 Baths700 - 799 SQFT1 Parking
    Available May 1, 202434 Days on Strata
    5 Buttermill Ave, unit 4905 for rent - image #1
    5 Buttermill AveVaughan Metropolitan Centre
    2 Beds + 12 Baths778 SQFT1 Parking
    Available May 1, 202414 Days on Strata
    5 Buttermill Ave, unit 5301 for rent - image #1
    $3,100/mth
    5 Buttermill AveVaughan Metropolitan CentreUnit 5301
    2 Beds + 12 Baths820 SQFT1 Parking
    Available Mar 20, 202451 Days on Strata
    898 Portage Pkwy, unit 3201 for rent - image #1
    898 Portage PkwyVaughan Metropolitan Centre
    2 Beds + 12 Baths800 - 899 SQFT0 Parking
    Available Mar 1, 202455 Days on Strata
    5 Buttermill Ave, unit 2902 for rent - image #1
    $3,300/mth
    5 Buttermill AveVaughan Metropolitan CentreUnit 2902
    3 Beds2 Baths950 SQFT1 Parking
    Available May 13, 202416 Days on Strata
    5 Buttermill Ave, unit 5002 for rent - image #1
    $3,350/mth
    5 Buttermill AveVaughan Metropolitan CentreUnit 5002
    3 Beds2 Baths950 SQFT1 Parking
    Available May 1, 202431 Days on Strata
    898 Portage Pkwy, unit 2102 for rent - image #1
    $3,550/mth
    898 Portage PkwyVaughan Metropolitan CentreUnit 2102
    3 Beds2 Baths954 SQFT1 Parking
    Available May 1, 20243 Days on Strata

    Nearby Amenities

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,012
    Average Individual Income
    $74,684
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $122,482
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    46%
    Semi Detached
    19%
    High Rise Apartment
    13%
    Low Rise Apartment
    10%
    Duplex
    9%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    73%
    Other
    9%
    Cantonese
    7%
    Mandarin
    6%
    Tagalog
    2%
    Russian
    1%
    Spanish
    1%
    Tamil
    1%
    Education
    High School
    30%
    University and Above
    27%
    None
    17%
    College
    16%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    18%
    Health & Related Fields
    14%
    Social Sciences
    14%
    Personal, Protective & Transportation Services
    5%
    Humanities
    4%
    Physical Sciences
    4%
    Math & Computer Sciences
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Days on Strata

    Units at Transit City Condos spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 10 condos in the Vaughan Metropolitan Centre area

    Sold Units

    65
    Units were Sold over the past twelve months

    Rented Units

    240
    Units were Rented over the past twelve months

    Best Value Rank

    Transit City Condos offers the
    ?
    best value out of 10 condos in the Vaughan Metropolitan Centre neighbourhood

    Appreciation Rank

    Transit City Condos has the
    ?
    highest ROI out of 10 condos in the Vaughan Metropolitan Centre neighbourhood

    Rental Yield

    Transit City Condos yields the
    ?
    highest rent prices out of 10 condos in the Vaughan Metropolitan Centre neighbourhood

    High Demand

    Transit City Condos is the
    ?
    most popular building out of 10 condos in the Vaughan Metropolitan Centre neighbourhood

    Transaction Insights at 5 Buttermill Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$490,000 - $520,000$519,000 - $550,000$580,000 - $765,000$605,000 - $787,500$730,000 - $798,000No Data
    Avg. Cost Per Sqft$933$949$947$898$782No Data
    Avg. Wait for Unit Availability52 Days56 Days10 Days17 Days68 DaysNo Data
    Ratio of Units in Building10%11%45%27%10%1%

    Maintenance Fees

    Transit City Condos vs The Vaughan Metropolitan Centre Area

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