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303 - 195 Commerce Street
Vaughan Corporate Centre, Vaughan
$648,000
Festival Tower by Menkes, total 1137 sq. ft. of living space included large balcony. in the heart of South VMC. This bright and functional suite features an open-concept layout designed for efficient urban living, with floor-to-ceiling windows providing abundant natural light. Contemporary kitchen equipped with stainless steel appliances, quartz countertops, and custom cabinetry. High-end finishes throughout. Enjoy access to over 70,000 sq. ft. of world-class amenities, including an indoor pool, basketball court, soccer field, kids' playroom, music studio, and more. Conveniently located steps to Vaughan Metropolitan Centre Subway Station, with easy access to Hwy 400. Close to shopping, dining, and entertainment including Cineplex, Costco, and IKEA.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 0-5 |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $546 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $3,980 |
| mls© Number | N13193260 |
| Listed By | CENTURY 21 KENNECT REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,317
- Property tax
- $332
- Heat allowance
- $150
- Condo fees, half counted
- $273
- Housing costs
- $4,071 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$125,000
gross annual household income
- Payment at 4%
- $2,727 / mo
- Cash down
- $129,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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