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Festival Condos is a new condo and townhouse development by QuadReal and Menkes Developments currently in preconstruction at 1 Commerce Street, Vaughan. The development is scheduled for completion in late 2024. Sales for available units start from the high $400,000’s.
Festival is centrally located in the emerging South VMC, a vibrant, new downtown surrounded by modern office towers, immersive retail shopping and expansive green spaces- all just steps from the VMC Subway. As one of Canada’s largest comprehensive urban communities, Festival’s anticipated release will redefine the 905 skyline and become the new Landmark of downtown Vaughan.
FESTIVAL will consist of multiple, high-rise towers which are set to become the tallest condominium development in South VMC.
Designed with proximity to new retail shopping, amenities and steps from the VMC subway, FESTIVAL will redefine the VMC landscape for urban families and professionals.
This will be the beginning of what will become the first mixed-use development within the entertainment capital of Vaughan – setting a new standard and era in city development.
LOCATION – GATEWAY TO THE GTA
- UNION STATION IS ONLY A 47-MINUTE SUBWAY RIDE FROM VMC STATION
- PEARSON AIRPORT IS JUST A 20-MINUTE DRIVE AWAY
- HIGHWAY 407 IS JUST SOUTH OF FESTIVAL AND HIGHWAY 400 IS CLOSE BY, A SHORT DRIVE WEST – TAKE THE KIDS TO CANADA’S WONDERLAND OR MAKE YOUR WEEKEND GETAWAY TO COTTAGE COUNTRY
- YORK REGIONAL TRANSIT VIVA SYSTEM GOES WEST TO MARTIN GROVE, NORTH TO NEWMARKET, EAST TO MARKHAM, AND SOUTH TO FINCH AND DON MILLS STATIONS VIP ACCESS
At Festival you’re never far away from friends and family, outings and entertainment in other areas of the GTA.
Getting to the ball game, taking in a show in downtown Toronto, going shopping at Yorkdale or Vaughan Mills – it’s all easy with so many convenient transportation options. You’re close to top rated hospitals, cafés, restaurants, stores, and sports venues.
The importance of transit-oriented developments in a growing city centre like VMC will take new life with Menkes’ first release of FESTIVAL.
Purchaser Incentives
- FIRST ACCESS TO PLANS & PRICES
- FREE ASSIGNMENT CLAUSE
- FREE RIGHT TO LEASE DURING OCCUPANCY
Deposit structure
- $5,000 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, 2022