Grand Festival Condos

Name Grand Festival Condos
Status Sales Registration
Ratings
1 Star2 Stars3 Stars4 Stars5 Stars 4.00
Published March 08, 2021 
Completion 2024
Price 500s
No of Units TBD
Storey TBD
Developer Menkes
Address 1 Commerce St, Vaughan, ON L4K 5C3
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About Grand Festival Condos
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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.

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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.
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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.

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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
Grand Festival Condos
Register & get VIP access, price List, floor plans and incentive package.
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