195 Commerce Street, Unit 5112
195 Commerce Street, Unit 5112
$1,650/mo
8 days on market
About This Listing
Welcome to Festival Condos, where modern design meets exceptional convenience in the heart of Vaughan. This thoughtfully designed studio suite offers 322 sq. ft. of bright, functional living space, plus a generous 97 sq. ft. private balcony-perfect for enjoying your morning coffee, working outdoors, or relaxing after a long day. Complete with in-suite laundry and a storage locker, this suite offers everything you need for comfortable, low-maintenance living.The open-concept layout makes the most of every square foot, creating a bright and versatile space that's ideal for professionals, students, or anyone looking to enjoy a modern urban lifestyle. Contemporary finishes and large windows provide a clean, inviting atmosphere that's ready for you to make your own.Residents enjoy access to an outstanding collection of resort-style amenities, including a concierge, indoor pool, fully equipped fitness centre, party room, media room, recreation room, visitor lounge, children's indoor play area, outdoor patio, sundeck, BBQ areas, and beautifully designed social spaces that make it easy to relax, stay active, or entertain guests.Ideally located in Vaughan's vibrant city centre, you'll be just minutes from Vaughan Metropolitan Centre Subway Station, Vaughan Mills Shopping Centre, Cortellucci Vaughan Hospital, Canada's Wonderland, restaurants, cafés, grocery stores, parks, and everyday essentials. With quick access to Highways 400, 407, and 7, commuting anywhere in the GTA is effortless.Experience the best of modern condo living in one of Vaughan's most exciting new communities, with everything you need right at your doorstep. * listing contains virtually staged photos *
Amenities
| Monthly Mortgage (P&I) | $7 |
| Property Tax (est.) | $1 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $8 |
Down payment: $330 (20.0%) · Mortgage: $1,320
Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details

Festival Condos South Tower
Red Bricks Databy Menkes Developments Ltd., QuadReal · 195 Commerce Street
Maint. Fees
0.65
Parking
$55,000
Locker
$5,000
Occupancy
2024
Listing provided by SUTTON GROUP-ADMIRAL REALTY INC.
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Data last updated: August 22, 2026 at 12:26 p.m.