1702-225 Commerce St
Vaughan Corporate Centre, Vaughan, Ontario L4K 0R1
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 600–699sq ft
- Per sq ft
- $923at the range’s middle
- Tax a year
- $3,8882026 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 1702-225 Commerce St
1702-225 Commerce St is a 2-bedroom, 2-bathroom condo in Vaughan Corporate Centre, Vaughan, listed for sale at an asking price of $599,800 (MLS® N13813238).
Welcome to Festival Tower in the heart of Vaughan Metropolitan Centre, where modern design, hotel-inspired style, and exceptional convenience come together. This bright and beautifully finished 2-bedroom, 2-bathroom comer suite offers 698 sq. ft. of functional living space, soaring 9-foot ceilings, expansive windows, and an abundance of natural light throughout.Thoughtfully designed with quality laminate flooring throughout the main living areas and bedrooms, this suite features a neutral, modern colour palette that creates a timeless backdrop for any furniture style or personal design vision. The open-concept kitchen is finished with custom-designed cabinetry, an engineered quartz countertop, porcelain slab backsplash, stainless steel under-mounted sink, and sleek European appliances, including integrated fridge/ freezer, cooktop, built-in oven, dishwasher, microwave, washer, and dryer.The unit also includes two separate balconies with two walkouts, offering excellent outdoor space and unobstructed south-facing views.Both bathrooms are finished with stylish, contemporary details, including porcelain or ceramic tile flooring, designer-selected fixtures, and modern vanities.Residents enjoy access to approximately 70,000 sq. ft. of premium building amenities, including an indoor pool, rooftop terrace, theatre room, kids playroom, music studio, putting green, stylish lounge areas, workspaces with charging stations, Wi-Fi in the lobby and amenity areas, guest suites, party room, and 24-hour concierge.Perfectly located just steps from the VMC Subway Station and VIVA Rapid way, with quick access to TTC, Union Station, York University, Highways 400 and 407, Vaughan Mills, Canada's Wonderland, restaurants, groceries, shopping, and entertainment. A fantastic opportunity to own in one of Vaughan's most connected and exciting communities.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall27/100−$1,194/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 115 condos with 2 bedrooms for lease in Vaughan Corporate Centre right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,888 / 2026
- MLS® number
- N13813238
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Vaughan Corporate Centre
- Municipality
- Vaughan
Building
- Size
- 600-699 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 2 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Condo maint.
- $583
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 4.7 × 5.45 m | B/I Appliances, Open Concept, W/O To Balcony | Flat |
| Living | 4.7 × 5.45 m | Combined W/Dining, Laminate, Large Window | Flat |
| Primary | 3.16 × 3.42 m | 4 Pc Ensuite, Laminate, W/O To Balcony | Flat |
| 2nd Br | 2.44 × 3.77 m | Large Window, Laminate, Large Closet | Flat |
| Dining | 4.7 × 5.45 m | Combined W/Living, Laminate, Large Window | Flat |
Listing history
Buy/sell history for 1702-225 Commerce St, Vaughan, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $599,800 | N/A | For Sale | N13813238 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $119,960
- Total mortgage amount
- $479,840
- Total interest payment
- $341,260
- Total purchase cost
- $941,060
- Mortgage payment
- $2,737/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
55%Monthly carrying cost
$3,644- Rent $2,450
- Shortfall $1,194
Rental income opens at $2,450, the median asking rent of 115 comparable homes for lease in Vaughan Corporate Centre. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $8,471
- Total land transfer tax
- $8,471
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $4,471
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $599,800
- $3,996
- Ontario total
- $8,471
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m55 test or monitoring holes also recorded.250 m
- Groundwater recorded about 4.7 m below ground nearbyThe middle water level in the well records within 500 m (211 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 6.0 km6 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Mobile Climate Control Industries Inc. — Mobile Climate Control, 680 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet2
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Fibre to the home, Cable, DSL internet listed for this areaFibre to the home: Beanfield Metroconnect, Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, QuaenetFi, Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.At the address
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
The market
Condos for sale in Vaughan Corporate Centre right now
- For sale now
- 73
- Median asking price
- $500K
- New in 7 days
- 3
- Price cuts
- 14%
Middle half: $429K to $579K
24 in 28 days
10 listings
This home is asking 20% above the median, higher than three quarters of them.
See all homes in Vaughan Corporate CentreAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Commerce | YRT bus rapid transit: Viva Orange | 50 m |
| Vaughan Metropolitan Centre Station | TTC subway: Line 1 Yonge-UniversityYRT bus rapid transit: Viva Orange | 550 m |
| Smart Centres Bus Terminal | Brampton Transit bus rapid transit: Züm Queen | 700 m |
| Highway 7 / Weston | YRT bus rapid transit: Viva Orange | 1.2 km |
| Jane and Finch Station | TTC light rail: Line 6 Finch West | 4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Contains public transit Information made available under YRT's Open Data Licence. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Blue Willow Public SchoolYork Region DSB | Public · grades JK–8 | 2 km | 72%Grade 6 average |
| Blacksmith Public SchoolToronto DSB | Public · grades JK–5 | 2.3 km | 50%Grade 3 average |
| St Gabriel the Archangel Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 2.4 km | 59%Grade 6 average |
| ÉÉC Le-Petit-PrinceConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 6.5 km | 88%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Father Bressani Catholic High SchoolYork CDSB | Catholic · grades 9–12 · French Immersion | 2.6 km | 70%Grade 9 math |
| St Luke Learning CentreYork CDSB | Catholic · grades 9–12 | 3.1 km | — |
| ÉSC de l'Ascension - VaughanConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 3.2 km | 57%Grade 9 math |
| Woodbridge CollegeYork Region DSB | Public · grades 9–12 · French Immersion | 4.2 km | 50%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Vaughan Corporate Centre are shown to signed-in members.