For LeaseCondo Apartment

195 Commerce Street, Unit 5112

$1,650/mo
Studio1 Bath0-499 sq ft8d on market
Festival Condos South TowerbyMenkes Developments Ltd., QuadReal
MLS# N13644908Vaughan Corporate Centre, Vaughan · L4K 0P9
Bedrooms
Studio
Bathrooms
1 Bath
Size (MLS Range)
0-499 sq ft
Parking
None
Locker
Owned

About This Listing

Welcome to Festival Condos, where modern design meets exceptional convenience in the heart of Vaughan. This thoughtfully designed studio suite offers 322 sq. ft. of bright, functional living space, plus a generous 97 sq. ft. private balcony-perfect for enjoying your morning coffee, working outdoors, or relaxing after a long day. Complete with in-suite laundry and a storage locker, this suite offers everything you need for comfortable, low-maintenance living.The open-concept layout makes the most of every square foot, creating a bright and versatile space that's ideal for professionals, students, or anyone looking to enjoy a modern urban lifestyle. Contemporary finishes and large windows provide a clean, inviting atmosphere that's ready for you to make your own.Residents enjoy access to an outstanding collection of resort-style amenities, including a concierge, indoor pool, fully equipped fitness centre, party room, media room, recreation room, visitor lounge, children's indoor play area, outdoor patio, sundeck, BBQ areas, and beautifully designed social spaces that make it easy to relax, stay active, or entertain guests.Ideally located in Vaughan's vibrant city centre, you'll be just minutes from Vaughan Metropolitan Centre Subway Station, Vaughan Mills Shopping Centre, Cortellucci Vaughan Hospital, Canada's Wonderland, restaurants, cafés, grocery stores, parks, and everyday essentials. With quick access to Highways 400, 407, and 7, commuting anywhere in the GTA is effortless.Experience the best of modern condo living in one of Vaughan's most exciting new communities, with everything you need right at your doorstep. * listing contains virtually staged photos *

Amenities

Day CareIndoor PoolMedia RoomParty Room/Meeting RoomRecreation RoomVisitor Parking
Monthly Mortgage (P&I)$7
Property Tax (est.)$1
Maintenance Fees$0
Total Monthly Cost$8

Down payment: $330 (20.0%) · Mortgage: $1,320

Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberN13644908
Property TypeCondo Apartment
StyleApartment
Listing TypeFor Lease
StatusActive
BedroomsStudio
Bathrooms1
Size0-499 sq ft
ExposureNorth West
Parking Spaces0
Parking TypeUnderground
LockerOwned
Days on Market8
Listed2026-08-06
CommunityVaughan Corporate Centre
MunicipalityYork
Cross StreetHighway 7 & Commerce St
Festival Condos South Tower

Festival Condos South Tower

Red Bricks Data

by Menkes Developments Ltd., QuadReal · 195 Commerce Street

59 Storeys1300 SuitesCompleteWalk 25Transit 74

Maint. Fees

0.65

Parking

$55,000

Locker

$5,000

Occupancy

2024

Live MLSFor Sale: 4 · $862/sqftFor Rent: 15 · $3.79/sqft
Multi-media roomParty Room with Catering KitchenOutdoor BBQ & Fire PitMusic RoomKids Play AreaOutdoor TheatreDog Run AreaLounge+6 more
View full building profile

Listing provided by SUTTON GROUP-ADMIRAL REALTY INC.

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Data last updated: August 22, 2026 at 12:26 p.m.