Welcome To Festival Condos

Festival Condos in Vaughan, ON

Festival Condos is a new condo in Vaughan developed by Menkes Developments and QuadReal Property Group currently in pre-construction at 1 Commerce Street, Vaughan, ON.

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Festival Condos Location
Festival Condos is located at 1 Commerce Street in Vaughan, Ontario. The new master-planned community will be a vital piece to the growing South Vaughan Metropolitan Centre (VMC).

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.

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.

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.


Festival Condos Building Details

Location: 1 Commerce St, Concord, Vaughan ON (HWY 400 & HWY 7)
Storeys: 59
Units: 656
Price: From the upper $400s for 1 bedroom + den

Est. Compl: 2024


  • KPMG
  • RBC
  • Dave and Busters
  • NCI Vaughan Iceplex
  • IKEA Vaughan
  • Goodlife Fitness
  • Husky Petrol; and more
Festival Condos


$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 BEDROOM (1 Bath) 497 sq.ft.
$490's - $550's
1 BEDROOM (1 Bath) 500 sq.ft.
$510's - $560's

1 BEDROOM + DEN (1 Bath) 549 sq.ft. 
$550's - $600's
1 BEDROOM + DEN (1 Bath) 562 sq.ft. 
$580's - $630's
1 BEDROOM + DEN (2 Bath) 585 sq.ft. 
$600's - $660's
1 BEDROOM + DEN (2 Bath) 596 sq.ft. 
$600's - $660's
1 BEDROOM + DEN (2 Bath) 623 sq.ft. 
$640's - $690's

2 BEDROOM (1 Bath) 678 sq.ft. 
$650's - $710's
2 BEDROOM (2 Bath) 698 sq.ft. 
$680's - $730's
2 BEDROOM (2 Bath) 699 sq.ft. 
$680's - $730's


The Vaughan Metropolitan Centre (VMC) is poised to become the home of Vaughan's New Downtown. Located on Highway 7 and just east of Highway 400, the VMC sits on over 440 acres of land and is set to transform the city completely. It will include the following:

  • More than 1.5 million square feet of commercial office space
  • 750,000 square feet of retail space
  • Employment Targets of 11,500 New Jobs including 5000 new office jobs
  • 12,000+ new residential units
  • New Cultural Spaces, Hotels & Entertainment

Just outside your front door is the gateway to the entire GTA. Closer to the subway entrance than any other residential building, Transit City residents will be able to get underground to the subway in 2 minutes or less. To make the journey even easier, you'll receive a TTC membership*. To top it all off, Transit City is adjacent to the VIVA and York Regional Transit bus terminals, allowing you to travel locally with ease or hop on and hop off at Newmarket, Richmond Hill or any one of the nine York Region municipalities. It's just so easy.


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