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Listed 11 days ago

2106 - 225 Commerce Street

Vaughan Corporate Centre, Vaughan

$650,000

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

Welcome to luxury living at the iconic Festival Condos by Menkes in the heart of Vaughan Metropolitan Centre (VMC)! This highly sought-after 2-Bedroom, 2-Bathroom suite on the 21st floor boasts an ideal South-West exposure, filling the home with abundance of natural sunlight and offering breathtaking, unobstructed sunset and city views.Featuring a modern open-concept layout with no wasted space, high-end integrated kitchen appliances, quartz countertops, stylish finishes, and floor-to-ceiling windows. Prime location-steps to VMC Subway Station (Line 1), easy access to Hwy 400/407, York University, Costco, IKEA, dining, and shopping.World-class amenities include a state-of-the-art fitness center with spin room, indoor pool, sauna, outdoor terrace with BBQ, party room, 24/7 concierge, and more. Perfect for first-time buyers, young professionals, or savvy investors!

Extras

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$521
LockerNone
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,806
mls© NumberN13604464
Listed ByCENTURY 21 NEW CONCEPT
Common Elements Included
Building Insurance Included
Heat Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • 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%
$3,327
Property tax
$317
Heat allowance
$150
Condo fees, half counted
$260
Housing costs
$4,055 / mo

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

Down payment20% · $130,000
25-yr amortization

Income needed

$125,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$130,000

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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