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Price Change$668,000

303 - 195 Commerce Street

Vaughan Corporate Centre, Vaughan

$648,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

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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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$546
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,980
mls© NumberN13193260
Listed ByCENTURY 21 KENNECT REALTY
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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.

Down payment20% · $129,600
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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