225 Commerce Street, Unit 5, Vaughan, ON
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 $650,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free, Built-In Oven
- equipped with central air central cooling and highly efficient fan coil heating via gas
Description
Welcome to luxury living at the iconic Festival Condos by Menkes in the heart of Vaughan Metropolitan Centre (VMC)! This highly sought-after 2-Bedroom, 2-Bathroom suite on the 21st floor boasts an ideal South-West exposure, filling the home with abundance of natural sunlight and offering breathtaking, unobstructed sunset and city views.Featuring a modern open-concept layout with no wasted space, high-end integrated kitchen appliances, quartz countertops, stylish finishes, and floor-to-ceiling windows. Prime location-steps to VMC Subway Station (Line 1), easy access to Hwy 400/407, York University, Costco, IKEA, dining, and shopping.World-class amenities include a state-of-the-art fitness center with spin room, indoor pool, sauna, outdoor terrace with BBQ, party room, 24/7 concierge, and more. Perfect for first-time buyers, young professionals, or savvy investors!
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Property Summary
This condo apartment located at 225 Commerce Street, Vaughan is currently for sale and has been available on SousaSells for 13 days. This property is listed at $650,000 with an estimated mortgage of $2,164* per month. It has 2 beds, 2 bathrooms, and is 600-699 square feet. 225 Commerce Street, Vaughan is in the Vaughan Corporate Centre neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Vaughan Corporate Centre, Vaughan.
- •2 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •600-699 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Vaughan.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
- Built-In Oven
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 225 Commerce Street, Unit 5, Vaughan, ON
Q.What is the asking price for 225 Commerce Street, Unit 5, Vaughan, ON ?
The current listing price for 225 Commerce Street, Unit 5, Vaughan, ON in Vaughan Corporate Centre, Vaughan is $650,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 2 bathrooms across approximately 600-699 sqft.
Q.What property type and architectural style is 225 Commerce Street, Unit 5, Vaughan, ON ?
225 Commerce Street, Unit 5, Vaughan, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, Built-In Oven.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 225 Commerce Street 2106, Vaughan, ON L4K 0R1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Vaughan, ON
For a property listed at $650,000 in Vaughan, the legal minimum down payment is $40,000 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 $9,475 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 $9,475.
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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.