Vaughan Grand Festival Condos


Selling Now
3 years ago

Grand Festival Condos

1 Commerce Street, Vaughan, ON

Developer: Menkes


Project Info
Type: Condo
Units: TBA
Status: Selling Now
Est. Completion: 2025
Price: TBA
Location: Brampton

This new condo will provide luxurious accommodation facilities, excellent transportation, and an ideal community atmosphere that investors and home buyers appreciate. 

Grand Festival Condos is a new Vaughan mixed-use condominium development. This Menkes Developments Ltd. and QuadReal pre-construction venture is situated at 1 Commerce Street in Concord, near Jane Street and Highway 7. The second stage will include two condo towers with a total of 1,106 new units. The podium houses a commercial-grade gym and a massive supermarket.

Features and Amenities

Grand Festival Condos, located in south VMC, will be the second phase of this development. This community will cover more than 75 acres, with new developments scheduled each year to increase residential and industrial density. 

The company is excited to share the world-class indoor and outdoor amenities available with the arrival of phase two. Two iconic towers have just contributed to the rise: a 61-story tower with 592 units and a 47-story tower with 514 units. 

The floor plans will range from 537 to 905 square feet and include 1-bedroom, 1-bedroom + den, 2-bedroom, and 2-bedroom + den units. In comparison to the first phase condos, the interiors should have modern and luxurious features and finishes. Each building will be built on a 4-6 floor podium that will house retail and amenity space and be linked by an exquisitely poised bridge.

The bridge’s apex will feature an open-air terrace and sitting room area for customers to enjoy. The podiums will link all four towers and include over 430,000 square feet of retail space, including elegant restaurants, shops, anchor health, and wellness facility, and a local grocery. 

This brand-new condo project in Vaughan will have almost everything which include the following; Social District, which will include a party room and a cook’s kitchen, the Wellness Retreat, which will include a relax and lookout lounge, an oasis pool retreat, and sun lounge; and the Entertainment Hub, which will include a multimedia room and sports bar, as well as a kids zone and art and music rooms. 

The Pavilion, situated on the podium’s fourth floor, and a vast outdoor terrace on the 5th floor, will feature fire pits, barbeque stations, gorgeously landscaped seating and lounging areas, an exterior theatre, and a dog area. 

Location and Neighborhood

Grand Festival Condos would be built in the master-planned community of South VMC. This wonderful new neighborhood is undergoing numerous significant improvements that are propelling it to new heights. Furthermore, it is on track to become one of Canada’s largest master-planned neighborhoods. 

The condo development will be situated near the ideal Vaughan location, close to everything you need. Furthermore, with the combination of condo amenities and nearby amenities, you will never have to leave the comfort of your neighborhood. 

This master-planned town is pushing the boundaries of condo living in ways you’ve never before seen. Residents will have access to a multitude of restaurants, entertainment, and retail options within walking distance. There is much to do in the area, quickly becoming the ideal place to settle down and raise a family. Not to mention that Vaughan’s landmark attractions, Canada’s Wonderland and Vaughan Mills, are only a 10-minute drive away.

Accessibility and Highlights

Traveling within and around this community is specially made simple by the proximity of major thoroughfares. Highways 7, 400, and 407 are easily accessible, allowing you to commute to the nearby GTA with ease. The DVP can take you to downtown Toronto in about 30 minutes.

A new stop on the TTC Line 1 subway has been proposed to improve commuting even further. This new Concord GO station will allow residents to travel to downtown Toronto in 45 minutes and commuters to York University Keele Campus in 5 minutes.

About the Developer

Menkes has been recognized as a totally integrated real estate developer and builder. They have been building new houses in the GTA and have expanded their portfolio to include the construction, ownership, and management of industrial and commercial properties. 

QuadReal Property Group is a relatively new Toronto real estate developer, but they have been acquiring assets worldwide and have been for some time. They are the 4th largest fund manager in Canada, and they are also a significant player on the global stage, ranking 35th globally with a portfolio of $123 billion in global assets.

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