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Festival Tower

225 Commerce St, Vaughan, ON L4K 0R1

Festival Tower, at 225 Commerce St, is a condo building in the Vaughan Corporate Centre area of Vaughan, Ontario. It was built in 2025, has 653 residential units and stands 66 storeys tall.

Vaughan Corporate Centre
Year Built
2025
Units
653
Floors
66
Building Type
High-rise apartment condo

Market Overview

Avg Sold Price
$368,000
Median Sold
$368,000
Price Range
$368,000 – $368,000
Sales (2yr)
1
Active Listings
3
Avg List Price
$558,267
Avg Days on Market
29

Last sale: Jun 4, 2026

Condo Fees

Avg Monthly Fee
$481
Median Fee
$497
Avg $/SqFt
$0.74
Units w/ Fee Data
8
Fee IncludesHeat, water, hydro, building insurance

Building Features

ExteriorConcrete
AmenitiesConcierge, party/meeting room, gym, bike storage, exercise room, indoor pool, media room, rooftop deck/garden, visitor parking
Building TypeHigh-rise apartment condo
Floors66 storeys
Year Built2025

Policies

Pet PolicyAllowed with restrictions

Management

Management CompanyMenRes Property Management Inc.

About This Building

Festival Tower is a new 66-storey high-rise apartment condominium in Vaughan's Corporate Centre at 225 Commerce St, registered in 2025. The building comprises a mix of one- and two-bedroom units, with recent asking prices averaging around $558,000 and rental rates near $2,300 per month. Monthly condo fees average roughly $481 or $0.74 per square foot, covering heat, water, hydro, and building insurance. The building features a full suite of amenities including a concierge, fitness facilities, indoor pool, rooftop garden, and abundant visitor parking. Located within walking distance of numerous restaurants, cafes, and grocery stores, and about 500 metres from rapid transit, it offers convenient urban living. As with any new condominium, prospective purchasers should obtain and carefully review the status certificate, reserve fund study, financial statements, board minutes, and by-laws before making a final commitment.

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