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    Vaughan / Vaughan Metropolitan Centre

    1515 - 195 COMMERCE St

    For RentFestival Condos
    $2,250/mth
    1 Bed + 1
    1 Bath
    0 Parking
    500 - 599 SQFT
    9 Days on Strata

    Listing History

    Unit Highlights

    Possession Date:
    January 15, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North East
    Locker:
    Owned
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Water
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Walkout To Balcony, Windows Floor to Ceiling
    17.78 x 7.12ft
    Bedroom
    Closet, Walkout To Balcony, Windows Floor to Ceiling
    11.42 x 9.48ft
    Dining
    Combined with Living, Large Window
    17.78 x 7.12ft

    About this Listing

    Discover the ultimate in urban living at the newly unveiled FESTIVAL Condo, ideally located in the vibrant heart of VMC area. The unit features a superb layout with an open-concept design and a contemporary kitchen equipped with quartz countertops. Enjoy the luxury expansive floor-to-ceiling windows. Situated steps away from public transportation, the subway, Vaughan Metropolitan Centre. Enjoy exclusive access to top-tier amenities, including a fitness center, rooftop deck, and more. Located in the vibrant Festival Condos community by Menkes, also benefits from 20 acres of green parkland and 70,000 sq. ft. of luxury facilities. This prime location is close to shopping (Costco, Walmart, IKEA), dining, entertainment (Cineplex), and public transit, with easy access to Highways 400 and 407. Enjoy entertaining areas, restaurants, and many other attractions, it invites you to immerse yourself in city life.

    ExtrasNo smoking (cigarette, Vape or Marijuana), No pets.

    home standards brickstone realtyMLS® #N11905194

    Amenities

    Gym Room
    Party Room
    BBQs Allowed
    Sauna
    Games Room
    Indoor Parking

    Explore Neighbourhood

    Unknown
    Walkability
    Unknown
    Transit
    Unknown
    Bikeability

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,012
    Average Individual Income
    $74,684
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $122,482
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    18%
    50 - 64
    24%
    65+
    19%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    46%
    Semi Detached
    19%
    High Rise Apartment
    13%
    Low Rise Apartment
    10%
    Duplex
    9%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    73%
    Other
    9%
    Cantonese
    7%
    Mandarin
    6%
    Tagalog
    2%
    Russian
    1%
    Spanish
    1%
    Tamil
    1%
    Education
    High School
    30%
    University and Above
    27%
    None
    17%
    College
    16%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    18%
    Health & Related Fields
    14%
    Social Sciences
    14%
    Personal, Protective & Transportation Services
    5%
    Humanities
    4%
    Physical Sciences
    4%
    Math & Computer Sciences
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Building Trends At Festival Condos

    Days on Strata

    Units at Festival Condos spend an average of
    N/A
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Vaughan Metropolitan Centre

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 7 condos in the Vaughan Metropolitan Centre area

    Sold Units

    0
    Units were Sold over the past twelve months

    Rented Units

    11
    Units were Rented over the past twelve months

    Best Value Rank

    Festival Condos offers the
    ?
    N/A
    best value out of 7 condos in the Vaughan Metropolitan Centre neighbourhood

    Appreciation Rank

    Festival Condos has the
    ?
    N/A
    highest ROI out of 7 condos in the Vaughan Metropolitan Centre neighbourhood

    Rental Yield

    Festival Condos yields the
    ?
    N/A
    highest rent prices out of 7 condos in the Vaughan Metropolitan Centre neighbourhood

    High Demand

    Festival Condos is the
    ?
    N/A
    most popular building out of 7 condos in the Vaughan Metropolitan Centre neighbourhood

    Transaction Insights at 195 Commerce Street

    Studio1 Bed1 Bed + Den2 Bed
    Price RangeNo DataNo DataNo DataNo Data
    Avg. Cost Per SqftNo DataNo DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo DataNo DataNo DataNo Data
    Ratio of Units in Building14%59%19%10%

    Transactions vs Inventory

    Total number of units listed and leased in Vaughan Metropolitan Centre