Developer Sold Out

Festival Condos South Tower

Sold Out Sep 2020

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$1,066/sq.ft.

Festival Condos South Tower Price History

$1,066/sq.ft.
***** *****
since launch
as of September 15, 2024

1 Bed

Sold Out $1,086/ft Last Price・Sep 2020  +$83  (+8.3%) Since Launch

1 Bed + Den

Sold Out $1,053/ft Last Price・Sep 2020  +$36  (+3.5%) Since Launch

2 Bed

Sold Out $1,024/ft Last Price・Sep 2020  +$51  (+5.2%) Since Launch
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 South 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 25/100 walk score and a 74/100 transit score. Festival Condos South Tower is designed by IBI Group and will feature interior design by Cecconi Simone. Development is scheduled to be completed in 2024. The project is 59 storeys tall and has a total of 1,300 suites ranging from 458 sq.ft to 699 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
$520,000 - $720,000
Suite Sizes
458 sq.ft to
699 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
25 / 100
Transit Score
74 / 100
Architect
Interior Designer
Sales & Marketing Company
Count
59 Floors
1,300 Suites
Height (M)
-
Height (Ft)
-
Data last updated: September 14th, 2024

Activity

No activity

Total Floor Plans
13 (0 Available)
Price Range
Avg. Price per Foot
-
RESET
Sold Out
Milan 458 Floor Plan at Festival Condos South Tower - 458 sq.ft
1 Bed 1 Bath
458 sq.ft
South
8-51
Sold Out
Sold Out
Milan 475 Floor Plan at Festival Condos South Tower - 475 sq.ft
1 Bed 1 Bath
475 sq.ft
East
8-51
Sold Out
Sold Out
Milan 497 Floor Plan at Festival Condos South Tower - 497 sq.ft
1 Bed 1 Bath
497 sq.ft
East
8-51
Sold Out
Sold Out
Milan 498 Floor Plan at Festival Condos South Tower - 498 sq.ft
1 Bed 1 Bath
498 sq.ft
East
8-51
Sold Out
Sold Out
Milan 499 Floor Plan at Festival Condos South Tower - 499 sq.ft
1 Bed 1 Bath
499 sq.ft
East
8-51
Sold Out
Sold Out
Milan 500 Floor Plan at Festival Condos South Tower - 500 sq.ft
1 Bed 1 Bath
500 sq.ft
West
8-51
Sold Out
Sold Out
Milan 501 Floor Plan at Festival Condos South Tower - 501 sq.ft
1 Bed 1 Bath
501 sq.ft
West
8-51
Sold Out
Sold Out
London 549 Floor Plan at Festival Condos South Tower - 549 sq.ft
1.5 Bed 1 Bath
549 sq.ft
West
8-51
Sold Out
Sold Out
London 550 Floor Plan at Festival Condos South Tower - 550 sq.ft
1.5 Bed 1 Bath
550 sq.ft
North East
8-51
Sold Out
Sold Out
London 562 Floor Plan at Festival Condos South Tower - 562 sq.ft
1.5 Bed 1 Bath
562 sq.ft
West
8-51
Sold Out
Sold Out
London 610 Floor Plan at Festival Condos South Tower - 610 sq.ft
1.5 Bed 1 Bath
610 sq.ft
North West
8-51
Sold Out
Sold Out
Berlin 698 Floor Plan at Festival Condos South Tower - 698 sq.ft
2 Bed 2 Bath
698 sq.ft
South East
8-51
Sold Out
Sold Out
Berlin 699 Floor Plan at Festival Condos South Tower - 699 sq.ft
2 Bed 2 Bath
699 sq.ft
South West
8-51
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
$1,066 /ft
Change from Launch
*****
1 Bed Price
$1,086/ft
1 Bed + Den Price
$1,053/ft
2 Bed Price
$1,024/ft
1 Bed Change from Launch
*****
1 Bed + Den Change from Launch
*****
2 Bed Change from Launch
*****

$1,066/sq.ft.

Festival Condos South Tower,

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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
$520,000 - $720,000
Suite Sizes
458 sq.ft to
699 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
25 / 100
Transit Score
74 / 100
Architect
Interior Designer
Sales & Marketing Company
Count
59 Floors
1,300 Suites
Height (M)
-
Height (Ft)
-
Data last updated: September 14th, 2024