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    5111 - 898 Portage Pkwy N

    Vaughan Metropolitan Centre, Vaughan
    For RentTransit City Condos
    $2,400/mth
    1 Bed
    1 Bath
    0 Parking
    529 SQFT
    66 Days on Strata

    Listing History

    Unit Highlights

    Possession Date:
    August 5, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    None
    Furnished:
    No
    Exposure:
    North
    Locker:
    None
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Water
    Excluded
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Welcome to Transit City! This one-bedroom, one-washroom unit offers a functional open-concept layout with no wasted space. The unit features 9 ft ceilings, floor-to-ceiling windows, mirrored closets, and a modern kitchen with built-in appliances. It is conveniently located just minutes away from Woodbridge Square, Vaughan Mills, Walmart, Costco, Winners, Chapters, and a TTC subway station! To submit an offer for this unit, please ensure the following documents are included:* Rental application* Full credit report (only from Equifax or TransUnion)* Employment letter* Pay stubs* Identification* References* : Employment cannot be confirmed over the weekend.

    Extras24-hour security conciergeFull access to the new YMCA facilityBuilt-in fridgeStainless steel oven with cooktop stoveStainless steel microwaveBuilt-in dishwasherWasher & dryerOne bike

    re/max real estate centre inc.MLS® #N9012148

    Amenities

    Concierge
    Media Room
    Games Room
    Sauna
    Indoor Parking
    Rooftop Deck

    Explore Neighbourhood

    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.

    Similar Listings

    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
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    18%
    50 - 64
    24%
    65+
    19%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    5%
    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

    Maintenance Fees

    Transit City Condos vs The Vaughan Metropolitan Centre Area

    Building Trends At Transit City Condos

    Days on Strata

    Units at Transit City Condos spend an average of
    30
    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
    compared to other buildings in Vaughan Metropolitan Centre

    Turnover of Units

    On average, each unit is owned for
    4.6
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 10 condos in the Vaughan Metropolitan Centre area

    Sold Units

    59
    Units were Sold over the past twelve months

    Rented Units

    255
    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$420,000 - $505,000$490,000 - $525,000$560,000 - $700,000$605,000 - $753,000$720,000 - $762,800No Data
    Avg. Cost Per Sqft$868$924$903$896$772No Data
    Avg. Wait for Unit Availability50 Days49 Days10 Days19 Days71 DaysNo Data
    Ratio of Units in Building10%11%46%25%10%1%

    Transactions vs Inventory

    Total number of units listed and leased in Vaughan Metropolitan Centre