Bravo at Festival Condos at South VMC starting from HIGH $500K’s – Register Now to book the unit at lowest price and to avail the best incentives. 10% Deposit for units above 700 sq. ft. (limited time & subject to change)  

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Details of  Festival Condos

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• Development name – Festival Condominiums
• Developer (s) –Menkes Developments & QuadReal
• Architects – IBI Group
• Interior Designer – Cecconi Simone
• No. of Towers – Multiple; 3 Towers for this 3rd phase
• No. of floors –  40
• Total No. of units – App. 1600
• Site Area – 45 acres+
• Suites Starting floor- TBA
• Sq. footage for Condos from –  app. 450 sq. ft. to 817+ sq. ft.
• Ceiling height for condos- 9 Feet; 10 feet for Penthouses
• Suites availability in – 1BR, 1BR+den, 2BR, 2BR+den

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Highlights & Why to buy unit at Bravo Festival Condos

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• Experienced Builder– Menkes & QuadReal Felcorp. Click here to know more
• Transit– Festival Condos is located south of Vaughan Metropolitan Centre subway station, which has become a major transit hub in Vaughan. Residents will have easy access to the newly expanded York-Spadina subway line. York University can be accessed within 10 minutes and to Union Station within 45 minutes. Residents of Festival Condos will also be able to connect to VIVA, YRT, Brampton trasnit, and GO Transit services straight from Vaughan Metropolitan Centre station. Festival Condos is conveniently located south of Highway 7, east of Highway 400, and north of Highway 407, allowing residents to travel seamlessly throughout the GTA.
• Lifestyle Amenities –Vaughan Metropolitan Centre offers plenty of diverse and dynamic amenities for its residents. Shoppers can shop at renowned shopping centres like Vaughan Mills and Yorkdale which are house to branded stores like American Eagle Outfitters, Adidas Outlet, Eddie Bauer, Fossil and many more. Ikea is just five-minute drive from Festival. There are plenty of restaurants and eat out places for families to enjoy their evening like Jack Astors, Moxies and Chop Steakhouse & Bar. GoodLife Fitness is just around the corner. Toronto’s Pearson International Airport in less than 20 minutes from 407
• Education & Accessibility – Festival Condos is the perfect place for growing families as Vaughan has some of the best elementary and secondary schools which are at walking distance or have easy access to via transit. There is likelihood of more schools coming up in the area. York University and Seneca College York Campus are also just a 7-minute subway ride away.
• Connection to Nature –Festival Condos is about more than just connections to transit and highways, it’s also about the human connection to nature. All city dwellers yearn for balance and a reprieve from their busy lives. Nature, in the form of parks and green spaces, offers the vital opportunity for residents to reconnect with themselves and their families. With a pedestrian-friendly, human-scale mix of condominium towers, Festival is anchored by a network of attractive outdoor spaces, including a park, walking paths and family-friendly play areas.

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Information for Investors

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• Rentability– Neighborhood vacancy rates below 1% with less than 12 days on market
• Rental Appreciation– Rental rates appreciated an average more than 9%  year over year (Source – Toronto Real Estate Board)
• Rental Rates in the area are following-
  1 Bedroom– $1980-$2300; Median- $2050, Median DOM – 12
  1 Bedroom + Den- $2100-$2600, Median- $2300, Median DOM – 13
  2 Bedrooms- $2250-$2850; Median – $2600, Median DOM- 18
  2 Bedroom + Den- $2250- $2950; Median – $2725, Median DOM- 21
• 3 Bedroom – $3000- $3200; Median – $3100, Median DOM- 4

These are present rental rates around this community. Future Rental rates could be different at closing. E & O E

(These are last 30 days stats from the date of updating this webpage i. e. April 26, 2023)

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Renderings & Important Facts about Bravo Festival Condos

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Location of Bravo Festival Condos

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1 Commerce Street, Vaughan, Ontario, Canada

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Building amenities at Festival Condos

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• $12,000 Bank Draft on Signing in favor of “DENTONS CANADA LLP IN TRUST”; Balance of 5% in 30 Days
• 5% in 300 days from date of signing
• 2.5% in 600 days from date of signing 
• 2.5% in 750 days from date of signing
• 5% on Occupancy

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Deposit for Units above 700 sq. ft. 

• $12,000 Bank Draft on Signing in favor of “DENTONS CANADA LLP IN TRUST”; Balance of 5% in 30 Days
• 5% in 300 days from date of signing

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Parking

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(Available for purchase with 2 bedroom and larger suites only)
 Price – $70,000

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Locker

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$5,000 (Insider Price)

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Occupancy

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Q1, 2028

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Maintenance Fee

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Approx. $0.73 /sq. ft.
(Hydro/Electricity, Water, BTU Separately Metered)
Parking: TBA
Locker: TBA

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VIP/Platinum Incentives

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• Assignment
• Capped Levies
• Extended Deposit Structure
• And Many more

Big Incentives. Please register below

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VIP/Platinum pricing

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Please Register

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 Floor Plans

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Please Register

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Copyright © 2023. All Rights Reserved. The information provided is for reference purposes only and is without any representations and warranties. The information should be verified. The website owners don’t represent the builders and developers of the condo/house project but represent the buyer/client of units. We are independent brokers. Sizes are approximate. Sizes, Specifications, Prices, inventory, Incentives and any other promotion are subject to change without notice. Errors and Omissions are Excepted. We are independent brokers; representing buyers.