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Listed 15 days ago

303 - 195 Commerce Street

Vaughan Corporate Centre, Vaughan

$599,800

Condo Apartment |
2 | 2 | 1 | 1
About this home

Festival Tower by Menkes, total 1137sf of living space included large balcony. in the heart of South VMC. This bright and functional suite features an open-concept layout designed for efficient urban living, with floor-to-ceiling windows providing abundant natural light. Contemporary kitchen equipped with stainless steel appliances, quartz countertops, and custom cabinetry. High-end finishes throughout. Enjoy access to over 70,000 sq. ft. of world-class amenities, including an indoor pool, basketball court, soccer field, kids' playroom, music studio, and more. Conveniently located steps to Vaughan Metropolitan Centre Subway Station, with easy access to Hwy 400. Close to shopping, dining, and entertainment including Cineplex, Costco, and IKEA.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$636
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,980
mls© NumberN13847940
Listed ByCENTURY 21 KENNECT REALTY
Common Elements Included

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,070
Property tax
$332
Heat allowance
$150
Condo fees, half counted
$318
Housing costs
$3,870 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $119,960
25-yr amortization

Income needed

$119,000

gross annual household income

Payment at 4%
$2,524 / mo
Cash down
$119,960

Assumes no other monthly debts · 25-yr amortization

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Investment Analysis

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