Festival Assignment: 1 Bed + Den, 550 Sq Ft, Northeast Exposure

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About Festival

Festival Condos

by Menkes Developments Ltd., Quadreal

View floor plans, pricing & deposits

Short Description

7-min to York University by Subway | Mins to VMC Subway Station | Close to Vaughan Mills Mall

Festival Condos by Menkes – Prime 1B+D in Vaughan

Located at 1 Commerce St, this exquisite 1-bedroom plus den unit in the coveted “Festival” project by renowned developer Menkes is now available for $599,000. Spanning 550 square feet, this northeast-exposure gem offers a smart and functional layout, ideal for both professionals and young families.

Unbeatable Location

Nestled in the heart of Vaughan, this property is a commuter’s dream. Just a short 7-minute subway ride to York University and minutes away from the Vaughan Metropolitan Centre (VMC) Subway Station, your daily commute becomes seamless and stress-free.

Amenities and Conveniences

The “Festival” project puts you in close proximity to Vaughan Mills Mall, one of the largest shopping destinations in Canada, boasting a rich array of retail stores, dining options, and entertainment facilities. Additionally, Vaughan is known for its bustling community life, with various parks, cultural attractions, and recreational centers to explore.

Investment Highlights

This unit comes with $116,200 already paid in deposit, making it a prudent investment with significant equity already established. The expected occupancy date is June 2025, giving you ample time to plan your move or secure tenants if you’re looking to invest in rental property.

Don’t miss this opportunity to be part of the upscale and vibrant community of Vaughan. For any inquiries or to schedule a viewing, contact us today!

Key Features

7-min to York University by Subway

Mins to VMC Subway Station

Close to Vaughan Mills Mall

Suite Details

Project Name
Festival

Builder(s)

Menkes

Occupancy Date

2025-06

Intersection

Commerce St&Interchange Way

Property Type

Condo

Unit Type

1B+D

Floor Range

31-40

Unit Size

550 Sqft

Exposure

Locker

Pricing Details

Seller asking price

$599,000

Original purchase price

$581,000

Deposit Paid

$116,200

Total payment by buyer to seller

134200

Deposit paid by seller to builder

$116,200

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