Festival South VMC
VMC/VaughanFestival South VMC
Details
Updated on September 24, 2023 at 5:18 pm- Project Name: Festival
- Address: 1000 Commerce St, Vaughan
- Intersection: Commerce St & Interchange Way, Vaughan
- Area/City: VMC/Vaughan
- Neighborhood: Vaughan Coporate Center
- Interior Designer(s): Cecconi Simone
- Number of Units: 1325
- Size Range(Sft): 458-699sft
- Developer(s)/Builder(s): Menkes Developments Ltd. and QuadReal
- Launch time: 20220919
- Estimate Occupancy: 2024
- Architect(s): IBI Group
- Building Type: Condo
- Number of Buildings: 2
- Selling Status: Sold out
- Unit Type: Studio-2 Bedroom
Payment & Incentives
- Payment StructureParking and Locker InformationMaintaince Fee
- $5,000 on Signing PARKING: $60,000 Est. Maint : $0.65 / sq ft / month
- Balance of 5 % in 30 days LOCKER $5,000 (Hydro/Electricity, Water, BTU Separately Metered)
- 2.5 % in 90 days Capped
- 2.5% in 180 days $6,500 Plus HST (1 Bedroom Den & Smaller)
- 2.5% in 370 days $9,000 Plus HST (2 Bedroom & Larger)
- 2.5% on March 1, 2022
- 5% on January 6, 2023
- 1% on Occupancy
Description
Festival is a new condo community by Menkes Developments Ltd. and QuadReal currently under construction at 1000 Commerce Street, Vaughan.
Festival is a multi-faceted, mixed-use community unlike anything else in downtown Vaughan. Located in the South VMC, Festival is set to become the entertainment capital of Vaughan. Beyond Festival’s doors, residents can experience diverse activities for every mood and interest. Cultural arts, employment hubs, entertainment, shopping excursions and vast parks and attractions are minutes away. Whether residents are utilizing the exclusive amenities inside Festival’s expansive, multi-layered towers, or expanding their horizons, every day will be a celebration of life, diversity and new experiences at Festival.
