195 Commerce Street, Vaughan, ON

$429,000
MLS#:N12955784
1 beds
1 baths
500-599 sqft
Residential Condo & Other
Loading property media...

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Vaughan Corporate Centre. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $429,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • 0.0 total parking spaces available
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to the Landmark Towers of South VMC. This luxurious one-bedroom suite by Menkes, just one year new, offers sophisticated urban living in the vibrant and rapidly growing South VMC community. Festival Condo is ideally situated in Vaughan's emerging downtown core, surrounded by modern office towers, exciting retail, and expansive green spaces. Featuring 500 sqft. of thoughtfully designed interior space, plus an extra-spacious balcony with unobstructed sunset views, this suite combines style and functionality. Enjoy laminate flooring throughout and floor-to-ceiling windows that fill the space with natural light. The modern open-concept kitchen is equipped with quartz countertops, stainless steel appliances, and high-end cabinetry. Designed for contemporary living, this functional one-bedroom also includes access to over 70,000 sq. ft. of world-class amenities, including a two-storey lobby, swimming pool, basketball court, soccer field, music and art studios, farmers market, kids' playroom, and more. Conveniently located just steps from the Vaughan Metropolitan Centre Station, as well as Cineplex, Costco, IKEA, mini golf, Dave & Buster's, and fine dining options. Enjoy easy access to major attractions like Canada's Wonderland and Vaughan Mills, along with quick connections to Hwy 400 and other major routes. Perfect for professionals and commuters alike, this suite offers the ideal setting for both relaxing and entertaining. An unbeatable combination of luxury and location-move in and elevate your lifestyle

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusExtension
Listed Date4/3/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyYork
Annual Tax$2,872

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free

Security Features

Community Features

Location

Initializing map...
195 Commerce Street, Vaughan, ON
Loading local market trends...

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 195 Commerce Street 1709, Vaughan, ON L4K 0P9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Vaughan.

Information Gain SEO Widget

Configure Loan Settings

Interest Rate5.25%
Down Payment$21,450 (5.0%)
* Minimum Canadian down payment required for this price is $21,450.
Amortization Period25 Years
Estimated Monthly Payment$2,429Based on a loan of $407,550 over 25 years.
Purchase Price$429,000
Loan Amount$407,550
Provincial Land Transfer Tax:$5,055
Total Estimated Closing Taxes:$5,055

About Purchasing a Home in Vaughan, ON

For a property listed at $429,000 in Vaughan, the legal minimum down payment is $21,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,055 for this transaction. As this listing is in Vaughan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,055.

Nearby Listings

Distance:

No current listings found in Vaughan.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Vaughan Corporate Centre, Vaughan.

Verified Local Data
City Population323,103
City Median Age40.5 Yrs
City Ownership86% Owners
Avg Area List Price$522,116

People & Families

Age Distribution

Household Composition

One-person households
15%
Families with children
52%
Couples without children
28%
Other households
5%

Top Ethnic Origins

Italian35%
Canadian10%
Russian8%
Chinese6%

Local Schools Guide

Elementary Schools

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied86%
Rented14%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.