Festival Condos – starts from $400,000 by Menke Development

Festival Condos – starts from $400,000 by Menke Development

  • Festival Condos is a new condo and townhouse development by QuadReal and Menkes Developments Ltd. currently in preconstruction at Interchange Way & Highway 7, Vaughan. Festival Condos has a total of 1800 units. This pre-construction condo is located in Vaughan Metropolitan Centre. The major intersection is Jane St and Highway 7. This development is a part of the Mobilio master-planned community.
  •  Students can access York University within 10 minutes and commuters can reach Union Station within 45 minutes.
  • Nearby various schools
  • easily access to Highway 401 and Highway 7
  • Unique cultural restaurants and bars surrounding the condo
  • York University and Seneca College York Campus are also just a short subway ride away.
  • Enjoy museums and performing arts venues alongside the condo
  •  Festival Condos is an exciting and innovative joint venture by Menkes and QuadReal, set to become one of Canada’s largest master-planned communities.
  • UNION STATION IS ONLY A 47-MINUTE SUBWAY RIDE FROM VMC STATION
  • PEARSON AIRPORT IS JUST A 20-MINUTE DRIVE AWAY
  • HIGHWAY 407 IS JUST SOUTH OF FESTIVAL AND HIGHWAY 400 IS CLOSE BY, A SHORT DRIVE WEST – TAKE THE KIDS TO CANADA’S WONDERLAND OR MAKE YOUR WEEKEND GETAWAY TO COTTAGE COUNTRY
  • YORK REGIONAL TRANSIT VIVA SYSTEM GOES WEST TO MARTIN GROVE, NORTH TO NEWMARKET, EAST TO MARKHAM, AND SOUTH TO FINCH AND DON MILLS STATIONS VIP ACCESS

Payment structure

  • $5,000 on 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, 2022

PARKING: $55,000
(Only Eligible for 2 Bedrooms & Larger)
LOCKER: Waitlist
MAINTENANCE FEES: Approx. $0.65/sq.ft.
(Hydro/Electricity, Water, BTUSeparately Metered)
PROPERTY TAXES:
Estimated at 1% of Purchase Price
CHEQUES MADE PAYABLE TO: DENTONS CANADA LLP IN TRUST

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