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Festival Condos

1 Commerce Street, Vaughan, Ontario L4K 5C3

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Property Details

Construction Status: Complete

Estimated Completion: Fall/Winter 2024

Property Type: Condo

Sale Status: Sold Out

Total Units: 592 units

Total Floors: 59 Stories

Parking: No

City: Vaughan

Neighbourhood: Edgeley

Summary

Festival in South VMC is set to become the entertainment capital of Vaughan. One of Canada's largest master-planned communities brought to you by Menkes and QuadReal. Located at Commerce St & Interchange Way in Vaughan, Festival Condos and Towns is right near the Vaughan Metropolitan Centre which has it all! Including entertainment, fitness, retail shops, and more. Nearby there is a Cineplex, Costco, IKEA, mini putt, Dave & Buster’s, many eateries and clubs. Canada’s Wonderland and Vaughan Mills mall are also located within driving distance of Festival Condos and Towns....

Location

1 Commerce Street, Vaughan, Ontario L4K 5C3

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Standard Deposit Structure

$5000 Bank Draft upon 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

1% on Occupancy

Development Levies
$6,500 Plus HST (1 Bedroom Den & Smaller) $9,000 Plus HST (2 Bedroom & Larger)
Cost to Purchase Storage
$5,000/Spot
Cost to Purchase Parking
$60,000 per spot
Maintenance Fee (sqft/M)
$0.65 per unit

Amenities

  • checkMusic Room
  • checkDog Run
  • checkMaverick Social Club
  • checkParty Room
  • checkSports Bar
  • checkSun Loungers
  • checkOutdoor Terrace
  • checkMultipurpose Media Studio
  • checkBBQ Grills
  • checkLounge Spaces

Builders

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