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Festival Tower

195 Commerce St, Vaughan, ON L4K 0P9

Vaughan Corporate Centre
Year Built
2025
Units
672
Floors
53
Building Type
High-rise apartment condo

Market Overview

Avg Sold Price
$367,333
Median Sold
$400,000
Price Range
$287,000 – $415,000
Avg $/SqFt
$755
Sales (2yr)
3
Active Listings
3
Avg List Price
$586,233
Avg Days on Market
51

Last sale: Oct 15, 2026

Condo Fees

Avg Monthly Fee
$359
Median Fee
$335
Avg $/SqFt
$0.71
Units w/ Fee Data
15
Fee Includesheat, water, hydro, building insurance

Building Features

ExteriorConcrete
AmenitiesConcierge, gym, exercise room, games room, recreation room, guest suites, party/meeting room, indoor pool, basketball court, soccer field, kids' playroom, music studio, BBQs allowed, visitor parking
Building TypeHigh-rise apartment condo
Floors53 storeys
Year Built2025

Policies

Pet PolicyAllowed with restrictions

Management

Management CompanyMenRes Property Management Inc.

About This Building

Festival Tower, located at 195 Commerce Street in Vaughan's Corporate Centre, is a newly completed 53-storey high-rise apartment condominium completed in 2025. The building contains approximately 1,137 square-foot units, with recent sales averaging around $400,000. Monthly maintenance fees average roughly $359, or $0.71 per square foot, covering heat, water, hydro, and building insurance. The building offers exceptional amenities across over 70,000 square feet, including an indoor pool, basketball court, soccer field, music studio, and guest suites. Located steps from Vaughan Metropolitan Centre Subway Station with easy highway access, the building sits near major shopping and dining destinations including IKEA, Costco, and multiple restaurants. Before committing to purchase, have the status certificate, reserve fund study, financial statements, board minutes, and condo by-laws independently reviewed.

Premium reviews are completed within 24 hours of having all required condo documents. General information, not legal advice.

The information provided on this website is for general reference only and should be independently verified. CondoShield does not guarantee the accuracy or completeness of any data, listings, or building details. Always consult official sources and qualified professionals before making real estate decisions.