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Festival Condos Landmark Tower

By Menkes Developments - Hi-Rise

1 Commerce St Vaughan Concord

Selling From

Sep 2020

Occupancy

Fall 2024

From the Low $500's

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Average Income

$90,197

Population Age

39 y/old

School Score

8.80/10

Price Index Change 1y

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Price Index Change 3y

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Rent Index Change 1y

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Rent Index Change 3y

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Festival Condos Landmark Tower

Festival Condos Landmark Tower is on sale since Sep 19, 2020.

Follow this project for the time-sensitive updates on prices, floor plans, new allocations and assignments.

Selling From:	Sep 19, 2020
First Occupancy:	Fall 2024
Suites Price Range	From the Low $500's
Suites Size Range	458 - 699 sq ft
Storeys:	56
Units:	592
Parking Details:	$60,000
Locker Details:	$5,000
Maintenance Fee:	$0.65 / sq ft / month
Floor Plans	13
Development Levies	$6,500 Plus HST (1 Bedroom Den & Smaller) $9,000 Plus HST (2 Bedroom & Larger)
Assignment	Free Assignment
Property Tax	1% of the price / year
Deposit Total, pct:	21%
Deposit Structure:	$5,000 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
Amenities	Concierge, Fitness Centre, Weight Room, and Yoga Studio, Games Room, Guest Suites, Movie Theatre, Free WiFi at all Condo Amenities
Last Updated:	2021-01-08

Festival Condos Landmark Tower Overview

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.

Festival Condos Landmark Tower Project Details

Festival Condos is a new master-planned community developed by Menkes Developments and QuadReal Property Group. Festival Condos is set out to be one of the largest community developments in Canada and will be the center-piece to the new South Vaughan Metropolitan Centre. Festival Tower is a mixed-development with a selection of townhomes and condominiums. The new community will feature open-air promenades, parks and gathering spaces, and retail space.

HWY ACCESS

Festival Condos’ new master-planned community is surrounded by main roadways in and out of Vaughan. Highway 7 is to the north, Highway 400 to the west, and Highway 407 to the south- all of which make travelling in and out of the city much easier.

ENTERTAINMENT

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 a new development of retail, restaurants, and entertainment being built at the foot of Festival Condos that is set to change.

TRANSIT

As mentioned, Festival Condos’ proximity to Highway 400, 407, and 7 act as great vessels in and out of Vaughan and also connect residents with the rest of the GTA. That said, with the extension of the Yonge-University TTC Line, there are also two new subway stations a short commute away from Festival Condos: Vaughan Metropolitan Centre and Highway 407 Station.

EDUCATION

Festival Condos is the perfect place for growing families to call home. Vaughan’s elementary and post-secondary schools are all accessible by transit and the city is proposing more schools and child care options be built as the area continues to grow and develop. York University and Seneca College York Campus are also just a short subway ride away.

Festival Condos Landmark Tower Project Features

No detailed information is available at the moment.

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Our Life Storey began nearly 60 years ago. Menkes was founded by Murray Menkes. Visionary. Entrepreneur. Businessman. He wanted his life storey to be about building single-family homes that delivered outstanding quality and lasting value. Before long he was building not just beautiful homes but entire master-planned communities. Today, Menkes continues to raise the standard for outstanding quality design and superior value as a fully integrated, multidisciplinary real estate development company. Elegant family homes that exude character and charm; exclusive luxury condominiums infused with stunning amenities; and highly coveted office and industrial space, all set in prime locations. Let us bring our passion for superior design and lasting value to your life storey

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Project Files Downloads

Price list Floor plans Presentation Project Highlights Brochure

2020-09-10 Project Launch

The project is selling now

Floor plans and price list is now available at the project\'s page.

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Yuriy Setko

Real Estate Broker

Right At Home Realty Investments Group Brokerage

895 Don Mills Rd #206 B2 Toronto, Ontario M3C1W3

English Russian Ukranian

Travel Times

30 min

Commute

Walking Driving Transit Cycling

0 min 60 min

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Walkscore

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Get your free detailed report for 1 Commerce St Vaughan Concord

Review detailed information about nearby schools, parks, transit, safety and convenience.

Schools

Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

School	Type • Program • Language	Rating	Avg Income	Home Price Index
Joseph A. Gibson Public School / Julliard Public School FI 61 Julliard Drive, Maple, Vaughan, ON L6A 3W7, Canada	Public • Elementary • French	Excellent	$109,652	$921,882
Glen Shields Public School 158 Glen Shields Ave. Thornhill, ON L4K 1T8	Public • Elementary • English	Excellent	$95,431	$926,452
Vaughan S.S. 1401 Clark Ave W, Thornhill, ON L4J 7R4, Canada	Public • Secondary • English	Excellent	$107,936	$977,276

Click on schools in the table above to display school boundaries on the map.

Neighborhood School Ratings

	Fraser Institute	EQAO
Lowest	8.00 / 10	87 / 100
Highest	8.30 / 10	89 / 100
Average	8.2 / 10	88 / 100

The following EQAO Ratings were used:
• Elementary Schools:
Grade 6 Reading, Writing and Mathematics
• Secondary Schools:
Grade 9 Academic Mathematics

Festival Condos Landmark Tower Investor's Outlook Powered by AIDA

Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Vaughan Corporate Centre, Vaughan, to the City of Vaughan for the projects listed on our site.

Comparative analysis of Festival Condos Landmark Tower location's Walkscore, Transitscore, Bikescore and Schoolscore.

Price Index 1y

No sufficient data available

Price Index 3y

No sufficient data available

Rent Index 1y

No sufficient data available

Rent Index 3y

No sufficient data available

Walkscore

Walkscore 25 out of 100 means Car-Dependent

Transitscore

Transitscore 78 out of 100 means Excellent Transit

Bikescore

Bikescore 52 out of 100 means Bikeable

Schoolscore

Schoolscore is 8.80 out of maximum 10 points

Festival Condos Landmark Tower Comparative Analysis Powered by AIDA

Compare Festival Condos Landmark Tower location's performance indicators to other projects, listed on our site.

Festival Condos Landmark Tower Price Index vs Rent Index Chart

Price Index vs Rent Index Explained

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Festival Condos Landmark Tower Home Appreciation vs Rent Growth 1y Chart

Home Appreciation vs Rent Growth 1y Explained

Sorry, but no sufficient historical sales and rent data available for Vaughan Corporate Centre, Vaughan where Festival Condos Landmark Tower will be built. Showing a comparative chart for other 179 projects.

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Festival Condos Landmark Tower Home Appreciation vs Rent Growth 3y Chart

Home Appreciation vs Rent Growth 3y Explained

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Walkscore vs Transitscore Chart

Walkscore vs Transitscore Explained

Walkscore of 25 and 78 Transitscore are calculated for the exact location of Festival Condos Landmark Tower project, and can be described as Car-Dependent and Excellent Transit accordingly.

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