Grand Festival
Festival will be a multi-faceted, mixed-use community unlike anything else in downtown Vaughan. Located in the South VMC, Festival will be within walking distance of the entertainment and employment hubs of the city. Beyond Festival’s doors, residents can experience diverse activities for every mood and interest. Cultural arts, shopping excursions and vast parks and attractions are minutes away. Whether residents are utilizing the exclusive amenities inside Festival’s expansive, multi-layered towers, or expanding their horizons, every day will be a celebration of life, diversity and new experiences at Festival.
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Summary
- Address: 1 Commerce Street, Vaughan, ON
- Intersection: Highway 7 / Highway 400
- Developers: Menkes & QuadReal
- Interior Designer: Cecconi Simone
- Architect: IBI Group
- Occupancy: Q1 2025
- Storeys: Grand Signature (North Tower) 61 / Grand Landmark (South Tower) 47
- Total Units: 1,200
- Maintenance: TBD
Rapid Transit systems are essential for residential growth in major metropolitan cities. With the groundbreaking extension of the TTC’s Line 1 to VMC, Vaughan and Toronto are the only cities in the GTA with subway access.
Living at Festival means residents are within minutes of North America’s award-winning rapid transit system and regional transit, connecting them to the entire GTA and beyond. The VMC Subway Station is designated by Metrolinx as a Mobility Hub, and is accessed by York Regional Transit (YRT), VIVA buses and ZUM transit.
Redfin, a tech-powered real estate firm, ranked the TTC as North America’s best transit system for 2019 – outperforming Boston, Philadelphia and Washington DC, as well as Vancouver and Montreal.
Go Everywhere
Building Features
- Stylish glass and pre-cast building
- 24-hour Concierge
- Welcoming grand 2-storey lobby with seating lounge
- WiFi in all amenity areas and lobby
- On-site management office
Suite Finishes
- Soaring 9’ ceilings
- On demand heating and cooling comfort system
Snapshot of Immerse Indoor and Outdoor Amenities
Indoor pool with lounge seating
Party Room with kitchen and separate bar area, seating and formal dining area
Gourmet demonstration Chef’s Kitchen
Intimate indoor Fire Pit Lounge
Look Out seating lounge with expansive city views
The Highline with social, lounge and kids play areas
Kids Party Room
Theatre Room
Open outdoor Theatre
The Learning Pavilion
Musician’s Studio
Artist’s Studio / Hobby Studio
And much more!
Reasons to Invest
Pricing List
Extended Deposit
$5,000 Certified Funds 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% in 500 days 540 days5% in 810 days 2.5% in 720 days
2.5% in 870 days
1% on Occupancy
Development Caps
$6,500+HST (1 Bed+ Den & Smaller)
$9,000+HST (2 Bed & Larger)
Starting Prices
1 Bedroom $520’s to $550’s
1 Bedroom+Den $590’s to $640’s
2 Bedrooms $690’s to $750’s
Developers
Menkes Developments Ltd is a family-operated business with deep roots in the city of Toronto. The Company was established nearly 65 years ago. Over the years, Menkes grew to creating entire mixed-use communities, becoming a fully integrated, multi-disciplinary real estate development company.
Menkes is committed to creating quality and innovative living environments that enhance any life story. Brilliant architecture, exceptional interior design and luxurious amenities come standard with every Menkes home. And because of this, Menkes is continuously recognized by a myriad of awards associations including Tarion, Summit International Awards and the BOMA Awards.
