Festival Condos

1 - About Festival Condos

• Address: 195 Commerce St & 225 Commerce St, Vaughan
• Neighbourhood: Vaughan Corporate Centre, York
• Storeys: 48 floors
• Units: 672 units
• Built Year: 2025
• Builder: Menkes Developments
• Building Type: High-Rise condo
• Suite Sizes: 322 sqft - 699 sqft
• Average Price: Market Rate / sq. ft.

2 - Overview of Festival Condos

Festival Condos represents a significant high-rise development within a comprehensive 100-acre master-planned community situated in the Vaughan Metropolitan Centre. This project is being constructed on previously undeveloped land and forms part of the ongoing expansion of the South Vaughan skyline.

The architectural design, created by IBI Group Architects, features twin towers that emerge from a shared podium foundation. A distinctive circular glass atrium commences at the ninth floor level, incorporating a striking black granite pond that serves as the interior's central focal point.

Professional building management services are provided by MenRes Property Management. The development seamlessly combines residential living with retail components and public infrastructure, contributing to the broader Vaughan Corporate Centre ecosystem.

3 - Suite Sizes & Value

Residential suites at Festival Condos span from 322 to 699 square feet, offering compact yet functional living spaces. The floor plans feature open-concept designs throughout, complemented by laminate flooring installed across all main living areas.

Unit pricing follows current market rates for the region. The development benefits from its strategic positioning at a major transit hub, combined with new-construction quality standards in this emerging urban district.

4 - Building Amenities & Features

• Screening Room: A purpose-built cinema space designed for resident film viewings and entertainment
• Game Lounge: Social recreation area featuring various activities for community engagement
• Private Dining Room: An elegant space equipped with a chef's table for hosting special events and gatherings
• Professional Management: Building operations overseen by MenRes Property Management
• Community Amenities: Residents enjoy access to 70,000 square feet of shared facilities throughout the master-planned development
• Integrated Retail: Convenient on-site access to various retail establishments and services

5 - Location Highlights

• Transit: Direct adjacency to the Vaughan Metropolitan Centre (VMC) Subway station provides seamless connectivity throughout the Greater Toronto Area
• Parks and Green Spaces: The community includes 45 acres of planned parkland, 17 kilometres of walking and cycling trails, plus the amenity-rich Blue Willow Square
• Shopping: Residents benefit from 430,000 square feet of on-site retail, with additional access to major destinations including RioCan Colossus Centre, IKEA, Costco, and Vaughan Mills
• Dining: Local culinary options include Balzac's Vaughan Metropolitan Centre, Me My Chef and I, Dolci e caffe espresso bar, and Cielito Rico Cafe and Bakery
• Entertainment: Walking distance to popular venues such as Cineplex theatres, Dave & Buster's entertainment complex, and the renowned Canada's Wonderland theme park

6 - Lifestyle Near Festival Condos

The neighbourhood surrounding Festival Condos offers a thoughtful blend of urban density, expansive green space, and well-designed pedestrian infrastructure. This environment particularly appeals to working professionals who value convenient subway access combined with a walkable commercial district.

The area's urban planning integrates office towers with vibrant shopping corridors and welcoming community plazas. An extensive network of pedestrian pathways creates smooth transitions between the bustling commercial zones and peaceful parkland areas dedicated to recreation and relaxation.

7 - About the Developer

Menkes Developments operates as a Toronto-based development firm specializing in the creation of master-planned communities and high-rise residential projects. Through their strategic partnership with QuadReal Property Group, Menkes delivers comprehensive mixed-use developments that thoughtfully integrate residential, office, and retail components into cohesive urban communities.