225 Commerce Street 1702, Vaughan, ON L4K 0R1
Vaughan, ON L4K 0R1
Quick cost estimateKnown monthly subtotal$3,114.81 / monthLand transfer tax $8,471One-time estimate
Quick cost estimate
$3,114.81 / monthKnown monthly subtotal
- Mortgage principal & interest
- $2,790.77
- Property tax / month
- $324.04
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $8,471
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $8,471
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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About this home
Welcome to Festival Tower in the heart of Vaughan Metropolitan Centre, where modern design, hotel-inspired style, and exceptional convenience come together. This bright and beautifully finished 2-bedroom, 2-bathroom comer suite offers 698 sq. ft. of functional living space, soaring 9-foot ceilings, expansive windows, and an abundance of natural light throughout.Thoughtfully designed with quality laminate flooring throughout the main living areas and bedrooms, this suite features a neutral, modern colour palette that creates a timeless backdrop for any furniture style or personal design vision. The open-concept kitchen is finished with custom-designed cabinetry, an engineered quartz countertop, porcelain slab backsplash, stainless steel under-mounted sink, and sleek European appliances, including integrated fridge/ freezer, cooktop, built-in oven, dishwasher, microwave, washer, and dryer.The unit also includes two separate balconies with two walkouts, offering excellent outdoor space and unobstructed south-facing views.Both bathrooms are finished with stylish, contemporary details, including porcelain or ceramic tile flooring, designer-selected fixtures, and modern vanities.Residents enjoy access to approximately 70,000 sq. ft. of premium building amenities, including an indoor pool, rooftop terrace, theatre room, kids playroom, music studio, putting green, stylish lounge areas, workspaces with charging stations, Wi-Fi in the lobby and amenity areas, guest suites, party room, and 24-hour concierge.Perfectly located just steps from the VMC Subway Station and VIVA Rapid way, with quick access to TTC, Union Station, York University, Highways 400 and 407, Vaughan Mills, Canada's Wonderland, restaurants, groceries, shopping, and entertainment. A fantastic opportunity to own in one of Vaughan's most connected and exciting communities.
Home details
- Days on market
- Not reported
- Property type
- Condo Apartment
- MLS® number
- N13813238
- Source status
- New
- Bedrooms
- 2
- Bathrooms
- 2
- Postal code
- L4K 0R1
- Kitchens
- 1
- Kitchens above grade
- 1
- Family room / den
- No
- Interior size (reported range)
- 600-699
- Garage parking spaces
- Not reported
- Total parking spaces
- 1
- Occupancy
- Vacant
- Possession type
- 1-29 days
- Garage
- Underground
- Annual property tax
- 3888.44
- Maintenance fee (source period)
- 583.1
- Basement
- None
- Laundry
- Ensuite
- Interior features
- Other
- Architectural style
- Apartment
- Fireplace
- No
- Waterfront
- No
- Garage available
- Yes
- Heating system
- Forced Air
- Heating fuel
- Gas
- Cooling
- Central Air
- View
- Clear
- Construction materials
- Concrete
- MLS entry age (not confirmed DOM)
- 45 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Heating system
- Forced Air
- Heating fuel
- Gas
- Cooling
- Central Air
- Included in maintenance
- Building Insurance Included, Parking Included
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
- Bedrooms above grade
- 2
- Rooms above grade
- 5
- Den / family room reported
- No
Reported counts are shown independently. Room dimensions have not been inferred from these counts.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $599,800
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
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Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.
Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Map and neighbourhood
- Region / county
- YORK
- Municipality
- VAUGHAN
- MLS® community
- Vaughan Corporate Centre
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Around this property
Schools, transit & everyday places
Published local sources. Distances are approximate straight-line distances, not walking routes.
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Nearby schools
No nearby schools were returned by the current Ontario school dataset for this property. School ratings and attendance boundaries are not included.
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Transit near this property
No current nearby stops were returned by the installed TTC, GO Transit and UP Express datasets. Coverage and service dates vary; distances and travel times are not inferred.
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Nearby shops & amenities
No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.
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Similar homes for sale in Vaughan
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Are the measurements and features independently verified?
Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
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They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
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How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
225 Commerce Street 1702, Vaughan, ON L4K 0R1, Vaughan is listed for sale as a Condo Apartment. The listing reports 2 bedrooms, 2 bathrooms, reported interior area of 600-699 (units not reported), kitchens reported as 1, parking spaces reported as 1. Asking price: $599,800. Occupancy is reported as Vacant. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® N13813238.
Local context
Explore the area: Vaughan · Vaughan Corporate Centre.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: REMAX YOUR COMMUNITY REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® N13813238. Information deemed reliable but not guaranteed.