Project Description

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Grand Festival 

Estimated Completion: 2024 | Price Starting $500’s

Grand Festival is a new condo and townhouse development by QuadReal and Menkes Developments Ltd. currently in preconstruction at Interchange Way & Highway 7, Vaughan. Festival Condos has a total of 1800 units. The new Community has a mixture of both Condo & Townhome. It is conveniently located just minutes away from a great assortment of amenities like Vaughan Metropolitan Centre (VMC), Viva Transit Routes, Big Box Stores,  and Major Highways.

Pricing Starting From The High $500’s.

  • ​Located in the South VMC which is set to become the entertainment capital of Vaughan and will also be one of Canada’s largest master-planned communities!
  • Amazing location for those who rely on public transportation due to the fact that you will be within walking distance from the Vaughan Metropolitan Centre (VMC) where you will have access to the Line 1 Subway Route as well as multiple Viva Rapid Transit Routes!
  • Conveniently located just 3 Subway Stops from York University which is home to 50,000+ students!
  • Conquer your daily commute with ease being just moments from Highways 400 & 407 making travelling throughout the GTA an absolute breeze
  • 2 Minutes from all of your immediate shopping needs! The Home Depot, Best Buy, LCBO, Canadian Tire, Indigo, Costco, Staples, Party City, PetSmart as well as a great selection of other retailers, dining options, and entertainment venues are all conveniently located just down the street from Festival!
  • You will be right next door to a multitude of World-Class Employers such as: KPMG, PwC, YMCA, BMO, TD Canada Trust, Miller Thompson LLC, Harley Davidson, BUCA, Marc Anthony and more
  • Moments from a brand new 100,000 Sq Ft YMCA, Library & Community Centre
  • Festival is being developed by a highly reputable developer, Menkes, who possesses over 60 years of experience!

QUICK FACTS

Developer: QuadReal & Menkes Developments Ltd.

Address: Hwy 7 & Jane St, Vaughan

Suites: 47 & 61 Storeys / Approx. 1,200 Suites

Sample Starting Price: 1 BR $520’s to $550s || 1 BR + Den $590’s to $640’s || 2 BR $690’s to $750’s

Occupancy:  2025

Home Type: Condos

Suite Types: 1 -2 Bedrooms

Deposit Structure:$5,000 on Signing  || 5% Minus $5,000 in 30 Days || 2.5% in 90 Days || 2.5% in 180 Days || 2.5% in 370 Days || 2.5% in 540 days || 2.5% in 720 days || 2.5% in 870 days || 1% on Occupancy

Maintenance Fees: TBD

Incentives: VIP Pricing & Floor Plans, First Access

Development Caps: $6,500+HST (1 Bed+ Den & Smaller) || $9,000+HST (2 Bed & Larger)

Parking/Locker: $72,000/$7,500

Suite Features: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer, and more

TIA Incentives*

Developer Approved Platinum VIP Brokers
Absolute First Access to Pricing and Floorplans
The Very Best Incentives & Promotions
Extended Deposit Structure
Capped Development Levies
Right of Assignment
Free Lawyer Review of your Purchase Agreement
Free Mortgage Arrangements

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