Festival in South 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.

Festival Condos is a new upscale condo and townhouse development that is currently in the pre-construction stage near Interchange Way & Highway 7 in Vaughan. Menkes’ master-planned development in South Vaughan Metropolitan Centre spans over 100 acres, with new developments planned annually to create thoughtful residential and commercial density just steps away from the VMC subway.

Festival Condos will consist of four high-rise towers with a total of 2,376 units that are set to become the tallest condominium development in South VMC. The first two towers now selling comprise of 55 storeys and 66 storeys with approximately 1,300 units. Designed with proximity to new retail shopping, public transit and highways 400 & 7,  FESTIVAL Condos will transform Vaughan's landscape. This will be the beginning of what will become the first mixed-use development in Vaughan.

FESTIVAL AMENITIES

You will find that Festival world-class amenities are on a scale never before seen. Spread out over 70,000 square feet across the platform, these mega-amenities are like an entire mini-city. Designed like a giant pavilion, with some areas outdoors and others inside, these amenity spaces truly take leisure and fun to a whole new level. With all kinds of games, pools and water-themed play, party and hospitality areas, and arts and crafts areas, these amenities will appeal to residents of all ages.

Festival’s platform will host state of the art amenities, curated shops and captivating dining. Connecting the towers will be an immersive pedestrian bridge, with remarkable outdoor elements, serving as a gathering space for residents to relax while taking in the full retail experience. The architecture of the bridge features a unique curving, fin-like design, creating a powerful contrast to the glass structures soaring above.

Acting as a gateway into South VMC, Festival’s platform truly uplifts its striking towers, allowing this new landmark to take centre stage in downtown Vaughan. Residents will feel they’re so much more than homeowners – they’re members of a thriving community.

AREA AMENITIES

At Festival Condos, you will live surrounded by the area's best. Shop, Dine, Play, Be Entertained! Downtown Vaughan is an emerging world-class business, entertainment, recreation and leisure district. Experience art and culture at City Playhouse Theatre and Entertainment Central. Watch the latest movies on an IMAX screen at the Colossus Centre. Shop until your heart's content at Vaughan Mills Shopping Mall and the local big box or "mom and pop" style stores. Enjoy tasty meals at every kind of restaurant imaginable. Of course, you can't forget Canada's Wonderland for rides, shows, special events and swimming at Splash Works. The area also has several parks and green spaces. All of this is within just a few kilometres of your door. A little further, for even more nature and outdoor fun, cottage country is about an hour away.

SUITES

PARKING AND STORAGE

PARKING: $55,000

(Only Eligible for 2 Bedrooms & Larger)

LOCKER: Waitlist

MAINTENANCE FEES: Approx. $0.65/sq.ft.

(Hydro/Electricity, Water, BTU Separately Metered)

PROPERTY TAXES:

Estimated at 1% of Purchase Price

PURCHASER INCENTIVES

FREE RIGHT OF ASSIGNMENT*

RIGHT TO LEASE DURING OCCUPANCY

FREE VERTICAL BLINDS

CAPPED DEVELOPMENT LEVIES

$6,500 + HST (1 BEDROOM + DEN OR SMALLER)

$9,000 + HST (2 BEDROOM & LARGER)

CAPPED METER INSTALLATION

$2,000 + HST

 *All prices, figures and materials are preliminary and are subject to change without notice. Terms and conditions apply. E. &O.E. September 2020.

DEPOSIT STRUCTURE

VIP EXTENDED DEPOSIT STRUCTURE:

$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% on Occupancy

Currently Accepting Resident Buyers Only