Grand Festival Condos

Grand Festival Condos is a new condo development by Menkes Developments currently in pre-construction at Commerce Street, Vaughan. Sales for available units range in price from $500s with completion scheduled for 2024.

Why Invest in Grand Festival & Downtown Vaughan

1. GREAT VALUE.
   Prices at Festival Condos start from the $500’s for a location just steps to a Subway
2. STEPS TO SUBWAY.
   Festival Condos will be just minutes to the future South Entrance of the Vaughan Metropolitan Centre Subway Station making it a prime location in the entire Vaughan redevelopment.
3. INVEST EARLY IN A 100+ ACRE REDEVELOPMENT.
   Festival Condos is like getting in at the ground level of a brand new Downtown. Festival sits on a 100+ acre parcel of land that will completely be transformed with brand new residential, retail and office space over the coming years.
4. FIRST PHASES WERE A HUGE SUCCESS.
   Earlier phases (Mobilio) are sold out successes.
5. A WORLD CLASS DEVELOPMENT TEAM.
   Festival will be developed by Menkes, one of Toronto’s most prominent developers, & QuadReal, a global real estate investment, operating and development company that manages a $37.6 billion portfolio spanning 23 Global Cities across 17 Countries.
6. QUICK ACCESS TO MAJOR AMENITIES.
   • 3 MINUTE WALK to the future south subway entrance.
   • 1 MINUTE drive to Highway 400.
   • 1 MINUTE drive to Highway 407.
   • 15 MINUTE drive to Pearson International Airport.
   • 6 MINUTE subway ride to York University.
   • 40 MINUTE subway ride to Union Station.

Grand Festiva l in Sou th 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. Register for priority first access to plans, pricing and incentives.

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% in 450 days
• 5% in 720 days
• 1% on Occupancy

Purchaser Incentives

• FREE RIGHT OF ASSIGNMENT*
• FREE VERTICAL BLINDS
• RIGHT TO LEASE DURING OCCUPANCY
• CAPPED DEVELOPMENT LEVIES
• $6,500 Plus HST (1 Bedroom + Den & Smaller)
• $9,000 Plus HST (2 Bedroom & Larger)
• CAPPED METER INSTALLATION
• ($2,000 Plus HST)
• FIRST ACCESS EXTENDED DEPOSIT STUCTURE

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Grand Festival Condos

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