Developer Sold Out

Festival Condos North Tower

Sold Out Sep 2020

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$1,050/sq.ft.

Festival Condos North Tower Price History

$1,050/sq.ft.
***** *****
since launch
as of September 15, 2024

1 Bed + Den

Sold Out $1,064/ft Last Price・Sep 2020 *****

2 Bed

Sold Out $1,023/ft Last Price・Sep 2020 *****
Price Change ALL Last 1 W 1 M 3 M 1 Y 2 Y 3 Y
Studio 1 bed 2 bed 3 bed

All prices, availability, figures and materials are preliminary and are subject to change without notice. E&OE 2024
Floor Premiums apply, please speak to sales representative for further information.

Festival Condos North Tower is a new condominium development by Menkes Developments Ltd. & QuadReal currently under construction located at 1 Commerce Street, Vaughan in the Thornhill neighbourhood with a 42/100 walk score and a 79/100 transit score. Festival Condos North Tower is designed by IBI Group and will feature interior design by Cecconi Simone. Development is scheduled to be completed in 2024. ranging from 540 sq.ft to 698 sq.ft.

Neighbourhoods

Thornhill
123 Total Projects
Neighbourhood in Vaughan

Sales Status

View on Map
Actively Selling
12
Actively Selling
Launching Soon
0
Launching Soon
Registration Phase
29
Registration Phase
Sold Out
11
Sold Out
Resale
56
Resale

About Thornhill

Discovering Thornhill: A Peaceful Suburb with Urban Amenities

Nestled just north of Toronto, Thornhill offers the perfect blend of suburban tranquility and urban convenience, making it one of the most sought-after neighborhoods in the area. Its rich history, diverse community, and plethora of amenities create an inviting atmosphere for families, professionals, and retirees. Here’s a detailed look at what makes Thornhill a great place to live, including insights into its real estate market, local amenities, and lifestyle.

Why People Love Thornhill

  1. Diverse and Inclusive Community: Thornhill is celebrated for its multicultural environment, offering a rich tapestry of cultures, cuisines, and traditions. From quaint cafes to international restaurants, the area is a food lover’s paradise.
  2. Green Spaces and Parks: With an abundance of parks and green spaces, residents enjoy activities like hiking, biking, and picnicking in beautiful settings such as Pomona Mills Park and Thornhill Greenway.
  3. Top-Rated Schools: The neighborhood boasts several highly regarded educational institutions, ensuring quality education from primary to post-secondary levels.
  4. Convenient Location: Located in the regional municipality of York, within the city of Markham, Thornhill is just north of Toronto and offers easy access to public transportation and major highways.
  5. Vibrant Shopping and Dining Scene: Residents enjoy a diverse range of shopping and dining experiences, with popular destinations like Promenade Mall, and boutique shops and restaurants along Yonge Street.

Real Estate in Thornhill: A Varied Landscape

  • Historical Charm: The Thornhill Markham Heritage Conservation District along John Street showcases heritage homes with architectural styles ranging from Victorian Gothic to Craftsman style bungalows.
  • Spacious Residential Options: Most Thornhill houses are built on generously sized lots, offering spacious layouts. The area features a mix of fully-detached homes, semi-detached houses, and in upscale areas like Uplands, even large luxury homes and mansions.
  • Growing Condo Market: High-rise condos and townhomes, particularly along Steeles Avenue and Yonge Street, provide more affordable housing options, with the demand for properties in Thornhill reaching all-time highs.
  • Family-Friendly Subdivisions: Neighborhoods like Thornhill Woods, Royal Orchard, and Bayview Glen are especially popular among young families, offering an array of amenities, top-notch schools, and exciting attractions.

Local Amenities and Lifestyle

  • Recreational Facilities: Thornhill boasts a mix of indoor and outdoor recreational facilities, like the North Thornhill Community Centre, offering amenities from cycling studios to swimming pools.
  • Cultural Hotspots: The area is rich in cultural activities, with venues like the City Playhouse Theatre showcasing local and professional talents in theatre, dance, music, and more.
  • Shopping Destinations: Thornhill is a shopper’s haven with destinations like Centerpoint Mall, Shops on Yonge, and Promenade Mall offering a wide array of stores and dining options.
  • Parks and Outdoor Activities: The neighborhood is dotted with beautiful parks like German Mills Park, offering nature trails and outdoor activities for residents.

Conclusion

Thornhill represents the best of both worlds – the peace of suburban living combined with the convenience of urban amenities. Its rich history, diverse community, excellent schools, and a wide range of housing options make it an ideal place for anyone looking to make their home in the Toronto area. Whether you’re a professional seeking a modern condo or a family looking for a spacious home, Thornhill offers a lifestyle that caters to a variety of preferences and needs.

Development team

  • Developer
  • Architect
  • Interior Designer
  • Sales Company

Key Information

Location
Completion
2024
Sales Status
Developer Sold Out
Development Status
Under Construction
Building Type
Condo &
Townhouse (Ground Floor of Condo)
Price Range
$575,990 - $722,990
Suite Sizes
540 sq.ft to
698 sq.ft
Avg. Price (/ft)
-
Parking Price
$55,000
Locker Price
$5,000
Mt. Fees (/ft)
$0.65
Deposit Structure

(20% + 1%)

$5,000.00 On Signing

Balance to 5% - 30 days

2.5% - 90 days

2.5% - 180 days

2.5% - 370 days

2.5% - Mar 1, 2022

5% - Jan 6, 2023

1% - Occupancy

  • Multimedia room
  • Party Room with Catering Kitchen
  • Outdoor BBQ & Fire Pit
  • Music Room
  • Kids Play Area
  • Outdoor Theatre
  • Dog Run Area
  • Lounge
  • Social Club
  • Art Room
  • Sports Bar
  • Sun Lounge Area
  • Indoor Pool
  • Outdoor Terrace

Additional Information

Walk Score
42 / 100
Transit Score
79 / 100
Architect
Interior Designer
Sales & Marketing Company
Count
59 Floors
- Suites
Height (M)
-
Height (Ft)
-
Data last updated: September 14th, 2024

Activity

No activity

Total Floor Plans
9 (0 Available)
Price Range
Avg. Price per Foot
-
RESET
Sold Out
New York 540 Floor Plan at Festival Condos North Tower - 540 sq.ft
1.5 Bed 1 Bath
540 sq.ft
East
Sold Out
Sold Out
New York 544 Floor Plan at Festival Condos North Tower - 544 sq.ft
1.5 Bed 1 Bath
544 sq.ft
South
Sold Out
Sold Out
New York 551 Floor Plan at Festival Condos North Tower - 551 sq.ft
1.5 Bed 1 Bath
551 sq.ft
West
Sold Out
Sold Out
Toronto 585 Floor Plan at Festival Condos North Tower - 585 sq.ft
1.5 Bed 2 Bath
585 sq.ft
East
Sold Out
Sold Out
Toronto 596 Floor Plan at Festival Condos North Tower - 596 sq.ft
1.5 Bed 2 Bath
596 sq.ft
West
Sold Out
Sold Out
Toronto 623 Floor Plan at Festival Condos North Tower - 623 sq.ft
1.5 Bed 2 Bath
623 sq.ft
North West
Sold Out
Sold Out
Chicago 678 Floor Plan at Festival Condos North Tower - 678 sq.ft
2 Bed 1 Bath
678 sq.ft
North East
Sold Out
Sold Out
Vancouver 697 Floor Plan at Festival Condos North Tower - 697 sq.ft
2 Bed 2 Bath
697 sq.ft
South West
Sold Out
Sold Out
Vancouver 698 Floor Plan at Festival Condos North Tower - 698 sq.ft
2 Bed 2 Bath
698 sq.ft
South East
Sold Out

All prices, availability, figures and materials are preliminary and are subject to change without notice. E&OE 2024
Floor Premiums apply, please speak to sales representative for further information.

Launch Price/ft
*****
Last Recorded Price/ft
$1,050 /ft
Change from Launch
*****
1 Bed + Den Price
$1,064/ft
2 Bed Price
$1,023/ft
1 Bed + Den Change from Launch
*****
2 Bed Change from Launch
*****

$1,050/sq.ft.

Festival Condos North Tower,

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Activity

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Key Information

Location
Completion
2024
Sales Status
Developer Sold Out
Development Status
Under Construction
Building Type
Condo &
Townhouse (Ground Floor of Condo)
Price Range
$575,990 - $722,990
Suite Sizes
540 sq.ft to
698 sq.ft
Avg. Price (/ft)
-
Parking Price
$55,000
Locker Price
$5,000
Mt. Fees (/ft)
$0.65
Deposit Structure

(20% + 1%)

$5,000.00 On Signing

Balance to 5% - 30 days

2.5% - 90 days

2.5% - 180 days

2.5% - 370 days

2.5% - Mar 1, 2022

5% - Jan 6, 2023

1% - Occupancy

  • Multimedia room
  • Party Room with Catering Kitchen
  • Outdoor BBQ & Fire Pit
  • Music Room
  • Kids Play Area
  • Outdoor Theatre
  • Dog Run Area
  • Lounge
  • Social Club
  • Art Room
  • Sports Bar
  • Sun Lounge Area
  • Indoor Pool
  • Outdoor Terrace

Additional Information

Walk Score
42 / 100
Transit Score
79 / 100
Architect
Interior Designer
Sales & Marketing Company
Count
59 Floors
- Suites
Height (M)
-
Height (Ft)
-
Data last updated: September 14th, 2024