Grand Festival Condos

Grand Festival Condos is a completed 61-storey residential condominium development by Menkes Developments and QuadReal Property Group, located at 1 Commerce Street (Highway 7 & Jane Street) in Vaughan. Situated in the Vaughan Metropolitan Centre master-planned precinct, this 1,200-suite building offers 1 to 2-bedroom floor plans ranging from 497 to 697 square feet. Historical prices ranged from $520,000 to over $750,000. Suites feature 9-foot ceilings, quartz counter kitchens, and modern open-concept layouts. Located steps from the VMC Subway Station, Highway 400, York University, and Vaughan Mills, Grand Festival Condos offers prime urban living in Vaughan’s downtown core.

Grand Festival Condos Feature

(1 votes, average: 5.00 out of 5)

Deposit Structure

$5,000 Certified Funds 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% in 540 days
2.5% in 720 days
2.5% in 870 days
1% on Occupancy

Incentives

Price: From $520,000 to over $750,000
Cost of Parking: $72,000.00
Cost of Locker: $7,500.00

Gallery

Floor Plans

Location & Amenity

The lifestyle at Grand Festival Condos places residents in the center of Vaughan’s urban entertainment district. The neighborhood features retail promenades, local dining, and fitness facilities. Popular destinations nearby include Vaughan Mills, Canada’s Wonderland, and local community parks.

GYM
Kids Play Area
Concierge Services
Rooftop Terrace

Amenities

Located in Vaughan
4-minute walk from Vaughan Metropolitan Centre
6-minute walk from Chancellor Community Centre
12-minute walk from York University
10-minute walk from Yorkville University
12-minute drive to Oakdale Golf & Country Club
Easy access to Highway 400 and 407

Reason to Invest in Grand Festival Condos

Transport

Grand Festival Condos provides high-level regional connectivity. Residents are steps from the VMC Subway Station for direct rail travel to York University and Downtown Toronto. Drivers enjoy fast access to Highway 400 and Highway 407 ETR.

Education

The community is served by public and Catholic schools managed by the York Region District School Board and York Catholic District School Board, with rapid transit to York University. Healthcare services are anchored nearby by Cortellucci Vaughan Hospital.

Outdoors

Living at Grand Festival Condos places residents in downtown Vaughan’s cultural and commercial district. The surrounding South VMC neighborhood features an open-air pedestrian promenade packed with curated shopping, cafes, and restaurants. World-class entertainment and retail centers are moments away, including Vaughan Mills shopping center, Canada’s Wonderland, and the PwC-YMCA Community Centre. Nearby parks like Joey Panetta Park and Belairway Park provide convenient outdoor green spaces.

Developer

Established in 2019, First Class Realty has already been recognized as one of the fastest growing brokerages in the GTA with our office conveniently located in Markham, and an upcoming office in Mississauga. Our success is rooted in our ingenuity, adaptability, and dedication to our agents. As a full-service brokerage we have excelled in various areas of real estate which includes the purchase and sale of pre-construction projects and assignments, rental property management, the lease and resale of homes, and commercial properties.

Menkes

Menkes Developments Ltd. has deep roots in Toronto. Established by Murray Menkes, an entrepreneur and visionary, it initially focused on building single-family homes of exceptional quality and value. Over time, the company has become a major player in the real estate industry, upholding excellence and innovation while delivering top-notch projects in Toronto and beyond. As a result, Menkes Developments is a trusted name in real estate, earning customer loyalty and making a significant impact on the city’s landscape.