Festival Condos

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High-rise condo in Vaughan

Festival Condos Community | 1 Commerce Street, Vaughan, ON

This new condo with superb transport access will be the first mixed-use building in South VMC, home to the city’s highest skyscrapers.

Festival Condos is a new mixed-use property in Vaughan, created by Menkes Developments Ltd and QuadReal. This pre-construction condo is situated at the important crossroads of Jane Street and Highway 7 in Vaughan Metropolitan Centre, on the south-east corner of Commerce Street and Highway 7. This development is Block 3 portion of the Mobilio master-planned neighborhood.

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Highlights

Floor Plan

Neighborhood

Many of Vaughan’s newest condominiums are located near the Vaughan Metropolitan Centre subway station. The neighborhood has expanded for a number of years and is expected to continue to do so in the near future. Fortunately for condo owners, the region already has a plethora of retail malls, restaurants, and entertainment venues.

Vaughan Metropolitan Centre

Transportation

If there is one big disadvantage to living at 1 Commerce Street, it is that the surrounding area is not very walkable. To get food and other supplies, a car or public transportation would likely be required. The Met Condominiums are adjacent to the Vaughan Metropolitan Bus Terminal, allowing residents to easily switch to alternative routes. The Vaughan Metropolitan Centre Subway Terminal is less than ten minutes away on foot, but Union Station is around fifty minutes away.

Education

Due to Canada’s Wonderland’s proximity to Jane Street, which is just a 6-minute drive north, parents with small children will have to work hard to avoid attending every weekend. Numerous recreational facilities and distinctive attractions, such as LEGOLAND Discovery Centre and Koalakidz Indoor Playground, attract young children. Moreover, parents will discover an abundance of good schools across the city.

School Canada
VaughanMills

Outdoor

There are bar-restaurant hybrids, such as the St. Louis Bar & Grill, in Vaughan Metropolitan Centre, as well as a vineyard on the other side of Highway 400. Residents of Festival Condominiums may stop for an espresso at Balzac’s Coffee Roasters or Vibe Coffee before heading to Boyd Conservation Park to immerse themselves in nature.

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Amenities

Consequently, upcoming Festival condo tenants may anticipate a fantastic homeownership experience. Kitchens featuring an open layout and unique wood-paneled refrigerators and dishwashers. Seven brand-name appliances, including a washer and dryer rated Energy Star Custom-designed comfort-height vanities with marble tops are included in the bathrooms. Windows with operable awnings Individually-adjustable, centrally-located heating and cooling comfort system.

Festival Condos interior2
Festival Condos interior

Two-story lobby with 24-hour concierge service and lounging area. A health club featuring a separate weight room and yoga studio. In addition to TV and a gaming room, the hotel also has a theater. The party room has an adjacent kitchen and bar, as well as a formal dining space. Hotel-inspired guest rooms . A children’s playroom with an outside play area. WiFi is included in every condo’s features. In addition to its upscale interiors, this property is remarkable for its convenient access to public transportation. A high-end development that seems to be an excellent investment opportunity.

Menkes Developments Ltd.

Developer

Menkes Developments Ltd. is a well-regarded, privately held real estate company specializing in the development, acquisition, and administration of office, industrial, retail, and residential properties. The business was established in 1954 and is one of the biggest private developers in Canada, with a particular emphasis on the Greater Toronto Area (GTA).

QuadReal logo

Developer

QuadReal Property Group is a global real estate investment, operating, and development company headquartered in Vancouver, British Columbia, founded in 2016. QuadReal began as a full-service real estate operating firm in Canada and has since expanded its ability to engage in stock and debt in both the public and private markets. They invest directly, through programmatic partnerships, and through running companies in which they have a stake.

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