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Description

Festival Condos is a new development by Menkes Developments Ltd. and Quadreal, located at Interchange Way & Highway 7, Vaughan, Ontario, Canada, L4K 5E1. The project features a high-rise tower of 59 storeys which will have a total of 656 residential units.

The estimated date of occupancy for Festival Condos in Vaughan is unknown, but the selling status is currently in the registration phase. Contact your realtor and make an investment for your realty today before the condominiums are sold out.

Festival Condos in Vaughan is a mixed-use building that is at Highway 7 and Jane St interaction. The property is part of the  master-planned community in the neighbourhood. There are plenty of facilities in and around the address. Residents will get to live a convenient life with easy accessibility. They will also get some stunning views of the city from this high-rise tower.

Festival Condos in Vaughan has IBI Group as the architects who are handling the architecture of this project. Along with the interior designer, the architects and builders have provided some great plans for this pre-construction condominium. Investors can expect modern architecture along with luxury interiors and designer finishes.

Festival Condos

Amenities

Living at Menkes Festival Condos, you are surrounded by an exciting array of amenities to shop, dine, play and be entertained. With VMC as the transit hub and Downtown Vaughan as an emerging world-class business, entertainment and leisure district, you are at the centre of a world of scintillating possibilities. Soak up Vaughan’s art and culture at City Playhouse Theatre and Entertainment Central. Catch the newest IMAX movie at the Colossus Centre. Shop for the latest fashion labels at Vaughan Mills. Dine at a variety of specialty and casual restaurants. Take the family to Canada’s Wonderland or escape to nature at nearby conservation areas.

 

Neighbourhood

Festival Condos sits in a family-friendly area that offers easy access to everything that residents will need daily.  Whether it is shopping, dining, entertainment or entertainment fitness options, and more – the Vaughan Metropolitan Centre has it all.  A short drive from the development site will get you to Canada’s Wonderland as well as Vaughan Mills.

  • LOCATED IN THE VMC TRANSPORT HUB
  • STEPS TO VMC SUBWAY
  • MINUTES TO VAUGHAN MILLS 
  • 5 MINTES TO YORK UNIVERSITY
  • 3 MINUTES TO HWY 400 / 407 / GO STATION

Festival Condos

Location

Builder Details

Festival Condos

Menkes Developments Ltd. and Quadreal are the developers behind Festival Condos in Vaughan. Menkes is a real estate company that has been in the industry of Canada for more than 60 years. The builder has had constructions for commercial spaces, residential towers, and even expansive hotels. The developer has built more than 21 condo towers and master-planned communities over the years, which have been very well accepted.

Some of the previous constructions by the developer include Gibson Square, Pears on the Avenue, One Sherway Final Tower, and Savvy Condos. Currently, there are condo projects such as in.DE, Sugar Wharf, Mobilio, etc. which are in the construction phase.

Quadreal is another global company in the real estate industry. They have a great portfolio of $27.4 billion in more than 17 countries. Some of the under-construction communities by Quadreal are VMC Condos and Bayview Village in Vaughan, Ontario.

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

CHEQUES MADE PAYABLE TO: DENTONS CANADA LLP IN TRUST

Currently Accepting Resident Buyers Only

 

PURCHASER INCENTIVES

  • FREE RIGHT OF ASSIGNMENT*
  • RIGHT TO LEASE DURING OCCUPANCY
  • FREE VERTICAL BLINDS 
  • CAPPED DEVELOPMENT LEVIES
    • $6,500 PLUS HST (1 BEDROOM + DEN & SMALLER)
    • $9,000 PLUS HST (2 BEDROOM & LARGER)
  • CAPPED METER INSTALLATION
    • $2,000 PLUS HST
  •  VIP EXTENDED DEPOSIT STUCTURE 

FLOOR PLANS & PRICING

Floor Plans and Pricing has been released , Download the Structure to go Brief.

Download Price Structure Download Floor Plan

Features

FESTIVAL - THE LANDMRK TOWERS OF SOUTH VMC

Storeys : 66 and 55
Total Units: 1300
Suites Type: 1B, 1B + D, 2B
Prices Starts: 400's

Tentitive Occupancy: 2024

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