
1603 - 195 COMMERCE Street
Vaughan, Ontario
2 bed • 2 bath • Single Family
Welcome to Unit 1603 at Festival Tower by Menkes! Experience modern urban living in this beautifully cleaned and vacant 2-bedroom, 2-bathroom with 1 parking condo spanning a generous 698 sq. ft. feature-rich layout. With a bright, open-concept design and floor-to-ceiling windows, natural light floods the entire space, creating a warm and inviting vibe. Step out onto your private balcony to enjoy stunning, unobstructed city views—perfect for relaxing or entertaining. Located steps from the Vaughan Metropolitan Centre (VMC), this home offers unbeatable transit convenience with easy access to Hwy 400. Minutes away from IKEA, Costco, Walmart, Cineplex, and a variety of dining options, this is an incredible opportunity to live in the heart of it all. Don't miss out! A Fantastic opportunity for buyers who want to lock in a great high-floor condo now and move in late summer.
Price History
Schools
Elementary
- Blue Willow Public School2 km
Public · York Region DSB · 730 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 43% met the provincial standard
- Blacksmith Public School2.2 km
Public · Toronto DSB · 190 students
Grade 3 reading: 70% met the provincial standard
- St Gabriel the Archangel Catholic Elementary School2.4 km
Catholic · York CDSB · 355 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 26% met the provincial standard
Secondary
- Father Bressani Catholic High School2.6 km
Catholic · York CDSB · 1405 students
Grade 10 literacy: 91% met the provincial standard
- St Luke Learning Centre3.2 km
Catholic · York CDSB
- ÉSC de l'Ascension - Vaughan3.3 km
French Catholic · CS catholique MonAvenir
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L4K
- Population
- 20,172
- Private dwellings
- 8,679
- Median age
- 37.6
- Average household size
- 2.6
- Median household income
- $92,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Vaughan · last 12 months
- Median sold price
- $1,098,000
- Homes sold
- 2,962
- Median days on market
- 23
- Sale-to-list price
- 97.5%
Based on 2,962 recorded sales of single family properties in Vaughan over the last 12 months.
Location
Mortgage Calculator
$149,980
Estimated Monthly Payment
$3,684
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,684/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $187/mo
Estimates only. Consult a financial advisor.
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