Festival Condos 3

1 Commerce St, Vaughan, ON

Development By - Menkes Developments Ltd., QuadReal

Pricing From
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(801 votes, average: 5 out of 5)

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Festival Condos 3

1 Commerce St, Vaughan, ON

Development By - Menkes Developments Ltd., QuadReal

Pricing From
Coming Soon!

(801 votes, average: 5 out of 5)

Register

Building Type Condominium

City Vaughan

Neighbourhood Vaughan Corporate Centre

Development By Menkes Developments Ltd., QuadReal

Development Status Pre-Construction

Sales Status Planning

Price Range Coming Soon!

Suite Sizes N/A

Avg. Price/Sq. Ft N/A

Occupancy TBD

Storeys 55

Units 614

Extras

Parking Price N/A

Locker Price N/A

Maint. Fees N/A

Festival Condos 3

Festival Condos 3 is the latest high-rise addition to Vaughan’s rapidly evolving downtown core, located at 1 Commerce Street within the heart of the vibrant VMC (Vaughan Metropolitan Centre). Developed by industry leaders Menkes Developments Ltd. and QuadReal, this master-planned, transit-oriented community continues the legacy of one of Canada’s best-selling condo projects. Featuring striking architecture, modern urban amenities, and seamless access to TTC subway lines, major highways, and retail destinations, Festival Condos 3 offers a dynamic blend of lifestyle, convenience, and long-term investment value in one of the GTA’s most promising urban centres.

Highlights

  • Located at 1 Commerce Street in Vaughan’s thriving Vaughan Metropolitan Centre (VMC).
  • Developed by Menkes Developments Ltd. and QuadReal, two of Canada’s top-tier real estate firms.
  • Part of the multi-phase Festival Condos master-planned community, one of Canada’s best-selling developments.
  • Modern urban design with sleek architecture and vibrant podium-level streetscape.
  • Immediate access to Vaughan Metropolitan Centre Subway Station and regional transit connections.
  • Close proximity to highways 400, 407, and 7 for seamless connectivity across the GTA.
  • Surrounded by extensive green space, pedestrian-friendly walkways, and outdoor community zones.
  • Indoor amenities include a fitness centre, yoga studio, media lounge, games room, and social spaces.
  • Outdoor features include landscaped courtyards, rooftop lounges, fire pits, BBQ zones, and sports courts.
  • Steps from entertainment, shopping and dining destinations like Vaughan Mills, Cineplex and IKEA.
  • Near educational institutions like York University and Seneca College for student rental potential.
  • Designed for a live-work-play lifestyle with retail, parks, and cultural programming integrated into the plan.
  • Walking distance to community services including grocery stores, gyms, and recreational centres.
  • Offers a range of suite layouts catering to end-users and investors alike.
  • Strategically positioned in a rapidly growing urban core with strong long-term appreciation potential.

Location & Neighbourhood

Festival Condos 3 is situated in the dynamic Vaughan Metropolitan Centre, a rapidly transforming urban hub poised to become the city’s downtown core. The neighbourhood offers unmatched connectivity with direct access to the TTC subway, VIVA, YRT, Züm, and GO transit, making commuting effortless. Residents are steps away from world-class shopping at Vaughan Mills, vibrant entertainment at Cineplex and Dave & Buster’s, and dining spots ranging from casual to upscale. With York University just minutes away and essentials like grocery stores, fitness centres, parks, and schools within reach, the area blends convenience with lifestyle, making it ideal for professionals, students, and families alike.

Features & Finishes

Festival Condos 3 showcases contemporary design with thoughtfully curated features and finishes that reflect modern urban living. Suites are expected to offer open-concept layouts, floor-to-ceiling windows, and private balconies that maximize natural light and city views. Interiors will include premium flooring, custom-designed kitchen cabinetry, quartz countertops, integrated stainless steel appliances, and spa-inspired bathrooms with sleek fixtures and designer tilework. Residents will also enjoy smart home technology, in-suite laundry, and access to upscale building amenities that elevate comfort, convenience, and style in every detail.

About The Developers

Menkes Developments Ltd. is a real estate developer that has involvement with numerous aspects of the business including development, proprietorship and the executives of mechanical, commercial and private properties. Their longstanding qualities incorporating working with respectability and advancement has permitted them to get fruitful in their field. QuadReal developer is a global real estate investment, operating, and development company that is headquartered in Vancouver, British Columbia. They have a $27.4 billion portfolio that spans across 17 countries.

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