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    Vaughan / Vaughan Metropolitan Centre

    195 Commerce St

    For RentFestival Condos
    $2,300/mth
    Price Increase: $1,990
    1 Bed
    1 Bath
    0 Parking
    499 SQFT
    20 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:
    West
    Locker:
    None
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    19.98 x 10.14ft
    Dining
    19.98 x 10.14ft
    Kitchen
    19.98 x 10.14ft

    About this Listing

    This stunning, brand-new condo offers a bright, open-concept layout with a sleek, modern kitchen featuring stainless steel appliances, quartz countertops, and custom cabinetryperfect for contemporary cooking and dining. The floor-to-ceiling windows bathe the unit in natural light, and the living area extends to a spacious balcony with breathtaking, unobstructed views, ideal for relaxation or entertaining. Situated in a prime location, just steps from the Vaughan Metropolitan Subway Station, this condo provides unparalleled convenience. Be the first to reside in this master-planned community, offering exclusive access to 70,000 square feet of amenities, including a swimming pool, basketball court, soccer field, kids' playroom, music studio, farmers market, and more. The location is exceptional, surrounded by shopping and entertainment options such as IKEA, Costco, Walmart, Cineplex, YMCA, and a variety of restaurants. Spanning over 100 acres, this thoughtfully designed community will feature several high-rise towers, soon to become the tallest in South Vaughan Metropolitan City.

    revel realty inc., brokerageMLS® #N11899733

    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