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New2 days ago

4015 - 225 COMMERCE Street

Vaughan Corporate Centre, Vaughan

$580,000

Condo Apartment |
1 + 1 | 2 | 0 | 1
About this home

Stunning 1-Bedroom Plus Den Suite at Festival Condos by Menkes - Right in the Heart of Vaughan Metropolitan Centre! This stylish, one-year-new home features a functional, open-concept layout with soaring ceilings and floor-to-ceiling windows on the 40th floor, flooding the space with natural sunlight and offering breathtaking views and a private balcony. The spacious den is perfect as a second bedroom or home office, complemented by two full 4-piece bathrooms with deep soaking tubs and glass enclosures. The modern kitchen is equipped with a designer backsplash, quartz countertops, and premium European-built appliances (built-in fridge, cooktop, oven, dishwasher, microwave, washer and dryer). Complete with in-suite laundry, laminate flooring throughout, upscale finishes, and an included locker storage unit. Prime Location & Transit: Steps from the VMC subway station, YMCA, and Highway 400. Close to Cineplex, Costco, IKEA, Dave & Buster's, Vaughan Mills, Canada's Wonderland, upscale dining, and vibrant nightlife. Ideal for professionals and students seeking ultimate convenience and a dynamic urban lifestyle!

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$486
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$3,259
mls© NumberN14031354
Listed ByANJIA REALTY
Common Elements Included

Listing History

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  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,969
Property tax
$272
Heat allowance
$150
Condo fees, half counted
$243
Housing costs
$3,633 / mo

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

Down payment20% · $116,000
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,441 / mo
Cash down
$116,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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