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Festival Condos 1 Commerce Street, Vaughan, York, Ontario, L4K 5Z7

Price On Request
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The prices displayed are indicative and based on recent updates. Please note that current prices may vary due to market conditions.
  • Residential Icon
    Residential
  • Comercial Icon
    Commercial
  • project status
    Project Status : Under Construction
  • developer img
    Developer : Menkes Developments, QuadReal Property Group
project size image
Project Size
  • 1 Building
  • 2470 Units
project size image
Home Types
  • Condos
  • Townhouses
building outline
Property Mix
  • Studio(59)
  • 1 Bed(1795)
  • 2 Bed(616)
  • 3 Bed(0)

Festival Condos - Project Description

Welcome to Festival Condominiums, an exciting under-construction residential and commercial project located at 3301 Hwy 7 York. Developed by Menkes Developments and QuadReal Property Group, this stunning development will feature one building with a total of 2,470 units, including studios, one-bedroom, and two-bedroom condos and townhouses. The project also includes public spaces and parks, making it a perfect blend of living, shopping, and leisure.

Festival Condominiums is conveniently situated near essential amenities, including hospitals such as Humber River Regional Hospital and Cortellucci Vaughan. Families will appreciate the nearby schools like Ontario Eschool and Vaughan College. For commuters, the Pioneer Village Subway and York University Go Station provide easy access to the city. Located in the vibrant Vaughan Corporate Centre, this project promises a lifestyle of comfort and convenience in a thriving neighborhood.

Festival Condos - Unit Plans

Milan 458
zoom in
Milan 458
  • 1 Beds
  • 1 Baths
  • 458 Sq. Ft.
$520,000

Festival Condos - Total Units

1 Bedrooms 1795
2 Bedrooms 616
Total Number of Units 2470
Studio 59
Condo Units 2470

Festival Condos - Project Attributes

FAR/FSI 7
Max Height (m) 189
Total GFA (m²) 180249
Max Storeys 59
Residential GFA (m²) 167521
Underground Levels 2
Building Units 653, 672, 612, 533

Festival Condos - Amenities

  • Indoor Pool
  • Sports Bar
  • Outdoor Theatre
  • Lounge
  • Outdoor Terrace
  • Social Club
  • Music Room
  • Sun Lounge Area

Festival Condos - Parking

Total Vehicular Parking 1079
Visitor Parking 444
Residential Parking 635
Bike Parking 1522
Rishi Raj Tiwari
Sales Representative / Broker
64X-49X-XXXX

Festival Condos - Development Team

DEVELOPER
Menkes Developments
  • Total Projects 42
  • Pre Construction 13
  • Under Construction 7
  • Completed 22
DEVELOPER
QuadReal Property Group
  • Total Projects 24
  • Pre Construction 13
  • Under Construction 7
  • Completed 4
ARCHITECT
Arcadis
  • Total Projects 335
  • Pre Construction 197
  • Under Construction 70
  • Completed 68
INTERIOR DESIGNER
Cecconi Simone
  • Total Projects 55
  • Pre Construction 2
  • Under Construction 8
  • Completed 45

About Developers

Total Project 42
Menkes Developments Ltd. is an award-winning, fully integrated, private real estate company involved in the construction, ownership and management of office, industrial, retail and residential properties. Founded in 1954, the Company is one of the largest private developers in Canada, with a primary focus in the Greater Toronto Area (GTA).

Menkes is known for its innovative, multi-disciplinary approach and particularly for its expertise in large-scale, mixed-use development. Past projects include the Empress Walk entertainment, shopping and residential complex in North York City Centre, the Four Seasons Hotel & Residences in Bloor-Yorkville and two landmark projects in Toronto's South Core district, 25 York (TELUS Harbour) office tower and the two million square foot Harbour Plaza Residences / One York commercial retail complex. In 2021, in an extension of the South Core, the Company completed its 675,000sf office tower at 100 Queens Quay East which is part of its 4.6 million sf Sugar Wharf waterfront project for which remains under construction.

The Company first established its roots as a developer and builder of single-family home communities, with the objective of creating homes built with innovative design, unyielding quality and meticulous craftsmanship in order to deliver enduring value and pride of ownership. To date, Menkes has built over 10,000 homes across Ontario, including the first Energy Star community in York Region, as well as the first LEED Silver home in Halton Hills.

As one of the earliest developers of condominium apartments in the GTA, Menkes pioneered the condominium lifestyle in the Toronto marketplace. Today the Company’s high-rise residential division continues to be a market leader in the development, marketing, sales and construction of high-rise residential communities. To date, Menkes over 40,000 condominium apartment units to its credit and has been recognized by Tarion as one of the top builders in Ontario for quality and customer service.

Menkes is a recognized trailblazer in the commercial real estate industry, having built over 25 million square feet of office, industrial and retail space. From headquarters or regional headquarters for Procter and Gamble, Telus, Sun Life Financial, HOOPP, LCBO,  WPP Plc, theScore, and warehouse & distribution centres for tenants such Walmart, FedEx, Lululemon, Purolator and Peloton, the Company has cultivated a portfolio of high quality, strategically located properties across the GTA. Menkes pairs best-in-class, high performance and sustainable buildings with first class, tenant-focused management.

In addition to its many industry-leading operational excellence and sustainability certifications of its office properties including BOMA, LEED, and Fitwel, Menkes’ management of the Matheson Kennedy Industrial Park has garnered a BOMA BEST 3.0 recertification at the Platinum Level, achieving the highest score globally. Menkes has also constructed rooftop solar installations atop of 14 of its properties totaling approximately 4.0 megawatts in size, one of the largest privately-owned rooftop solar portfolios in Canada.
Projects by Status
  • Pre Construction 13
  • Under Construction 7
  • Completed 22
Total Project 24
QuadReal Property Group is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. Its assets under management are $85 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets. QuadReal invests directly, via programmatic partnerships and through operating platforms in which it holds an ownership interest.

QuadReal seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come.
Projects by Status
  • Pre Construction 13
  • Under Construction 7
  • Completed 4

Festival Condos - Location Map and Landmarks

  • Pioneer Village Subway, Toronto 2.38 km
  • York University Subway, Toronto 3.26 km
  • York University Go Station, Toronto 4.16 km
  • Finch West Subway, Toronto 4.43 km
  • Ontario Eschool, York 2.65 km
  • Vaughan College, York 4.18 km
  • Vaughan Baptist Christian Academy, York 4.26 km
  • Cathedral Christian Academy, Toronto 4.41 km
  • Arts And Science Academy Of Canada, York 4.95 km
  • Everest Academy, York 5.04 km
  • North Hill Private School, York 5.09 km
  • Bright Start Academy, Toronto 5.46 km
  • Urban International High School, Toronto 5.5 km
  • Toronto District Christian High School, York 5.53 km
  • Humber River Reg Hosp - York-Finch Site, Toronto 4.1 km
  • Cortellucci Vaughan, York 6.47 km
  • St. Bernard'S Hospital, Toronto 6.49 km
  • North York General Hospital - Branson Site, Toronto 7.17 km
  • Humber River Regional, Toronto 8.3 km
  • Etobicoke General, Toronto 8.69 km
  • St. John's Rehab, Toronto 10.31 km
  • Baycrest Health Sciences, Toronto 10.34 km
  • Shouldice Hernia Centre, York 10.81 km
  • Mackenzie Richmond Hill, York 10.92 km

Festival Condos - Neighborhood Brief

Vaughan Corporate Centre, York
Vaughan Corporate Centre, York

Located in the heart of Ontario, Vaughan Corporate Centre is a key business and urban hub within the Greater Toronto Area. It is known for its growing development, transforming the area into a bustling centre with a mix of commercial, residential, and retail spaces. Vaughan Corporate Centre is highly accessible due to its close proximity to major highways and the Vaughan Metropolitan Centre (VMC) subway station, which connects it conveniently to downtown Toronto. The neighbourhood boasts modern infrastructure, high-rise office towers, and luxury condominiums, attracting young professionals and businesses alike. It offers residents and visitors a range of amenities, including shopping, dining, and entertainment options, making it a happening and self-sustaining community ideal for work and lifestyle balance.

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