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Festival Condos

( Ratings, Average: out of 5)

Introduction

Festival Condos by Menkes Development and QuadReal Property Group will serve as the first mixed-use development in South Vaughan Metropolitan Centre. This project is currently under pre-construction and is located at Jane St & Hwy 7, Vaughan.

Festival is the first phase of a 4 tower development ranging from 40-storeys to 60-storeys in height with a total of 2,376 residential units. The Festival Condos project features a high-rise tower of 59 storeys which will have a total of 656 residential units.

Quick Facts

  • ADDRESS
    1 Commerce Street Vaughan ON
  • NEAREST INTERSECTION
    Jane St and Highway 7
  • PRICING
    Mid $500's
  • OCCUPANCY
    Est. Compl. Fall/Winter 2024
  • CONDO TYPE
    High-Rise
  • STOREYS/SUITES
    66 Storeys / 656 Suites
  • UNIT TYPES
    1-2 Bedroom Suites
  • SUITE SIZE
    540-698 sq ft
  • MAINTENANCE FEES
    TBA
  • DEPOSIT STRUCTURE
    $5,000 Bank Draft on Signing
    Balance to 5% in 30 Days
    2.5% in 90 Days
    2.5% in 180 Days
    2.5% in 370 Days
    2.5% on March 1, 2022
    5% on January 6, 2023

Festival Condos

Highlights

  • Located in the heart of Downtown Vaugan
  • Mere steps from the Vaughan Metropolitan Subway Station
  • Short commute to York University
  • Minutes away from Vaughan Mills – home to over 200 retail, dining and entertainment options
  • Walking distance to various shops and restaurants
  • Numerous reputable schools in the community
  • Easy access to Highways 407 & 400
  • Variety of parks and green spaces to enjoy

Incentives

  • Free Right to Assign
  • Right to Lease during occupancy
  • Free Vertical blinds
  • Capped Development Levies
    $6,500 + HST 1 Bedroom + Den & Smaller
    $9,000 + HST 2 bedroom and larger
  • Capped meter installation
    $2000 + HST
  • Extended deposit structure

Building Amenities

  • Multi-media room
  • Party Room with Catering Kitchen
  • Outdoor BBQ & Fire Pit
  • Music Room
  • Kids Play Area
  • Outdoor Theatre
  • Dog Run Area
  • Lounge
  • Social Club
  • Art Room
  • Sports Bar
  • Sun Lounge Area

Suite Finishes

  • 9 ft. ceilings
  • Laminate Floorings
  • Marble Kitchen and Bathroom Counter
  • Energy Efficient appliances
  • In suite temperature control

About the Neighborhood

The Vaughan Metropolitan Centre (VMC) is poised to become the home of Vaughan’s New Downtown. Located on Highway 7 and just east of Highway 400, the VMC sits on over 440 acres of land and is set to transform the city completely. It will include the following:

• More than 1.5 million square feet of commercial office space
• 750,000 square feet of retail space
• Employment Targets of 11,500 New Jobs including 5000 new office jobs
• 12,000+ new residential units
• New Cultural Spaces, Hotels & Entertainment

Just outside your front door is the gateway to the entire GTA. Closer to the subway entrance than any other residential building, Transit City residents will be able to get underground to the subway in 2 minutes or less. To make the journey even easier, you’ll receive a TTC membership*. To top it all off, Transit City is adjacent to the VIVA and York Regional Transit bus terminals, allowing you to travel locally with ease or hop on and hop off at Newmarket, Richmond Hill or any one of the nine York Region municipalities. It’s just so easy.

But this is more than a transit-oriented residence. Existing and future amenities will soon lie close to this development. This will ensure this community becomes convenient and easily walkable. Local retail and community services also include Walmart, Lowe’s and Vaughan Metropolitan Centre YMCA. The 342-bed Mackenzie Vaughan Hospital is set to open soon.

As the South VMC continues to grow, Festival Condos will become a walkable and accessible place to live. Currently, the area is more car-dependent, but with upcoming development of retail, restaurants, and entertainment that is set to change.

Walkscore

PDF Files for Festival Condos

  • Incentives - Festival Condos.pdf
  • Feature Sheet - Festival Condos.pdf
  • Price List - Festival Condos.pdf
  • Worksheet - Festival Condos.pdf
  • Amenity Plan - Festival Condos.pdf
  • Renderings - Festival Condos.pdf
  • Floor Plans - Festival Condos.pdf
  • Project Presentation - Festival Condos.pdf
  • Key Plate - Festival Condos.pdf
  • Brochure - Festival Condos.pdf

Festival Condos Floor Plans

2 FLOOR PLANS (2 AVAILABLE)         Mid $500's

Plan Suite Name Suite Type Size View Availability

Floor Plans for Festival Condos Coming Soon!

Register now to get 1st access to prices and floor plans. An agent will get in touch with you as soon as possible.

Plan Suite Name Suite Type Size View Availability

Floor Plans for Festival Condos Coming Soon!

Register now to get 1st access to prices and floor plans. An agent will get in touch with you as soon as possible.

Plan Suite Name Suite Type Size View Availability
Festival 497 1 Bedroom + 1 Bath 492 SQ. FT. N AVAILABLE MORE DETAILS
Festival 500 1 Bedroom + 1 Bath 500 SQ. FT. N AVAILABLE MORE DETAILS
Plan Suite Name Suite Type Size View Availability

Floor Plans for Festival Condos Coming Soon!

Register now to get 1st access to prices and floor plans. An agent will get in touch with you as soon as possible.

Plan Suite Name Suite Type Size View Availability

Floor Plans for Festival Condos Coming Soon!

Register now to get 1st access to prices and floor plans. An agent will get in touch with you as soon as possible.

Plan Suite Name Suite Type Size View Availability

Floor Plans for Festival Condos Coming Soon!

Register now to get 1st access to prices and floor plans. An agent will get in touch with you as soon as possible.

Slide ABOUT THE DEVELOPER QuadReal Headquartered in Vancouver, Canada, QuadReal Property Group is a global real estate investment, operating and development company.

QuadReal manages a $44.2 billion portfolio spanning 23 Global Cities across 17 countries. The company seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come.
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