4015-225 COMMERCE St
Vaughan Corporate Centre, Vaughan, Ontario L4K 0R1
- Bedrooms
- 1+1
- Bathrooms
- 2
- Size
- 500–599sq ft
- Per sq ft
- $1,056at the range’s middle
- Tax a year
- $3,2592026 tax year
- Built
- 0-5
- Parking
- 0underground
- Days on market
- Members
The brief
About 4015-225 COMMERCE St
4015-225 COMMERCE St is a 1+1-bedroom, 2-bathroom condo in Vaughan Corporate Centre, Vaughan, listed for sale at an asking price of $580,000 (MLS® N14031354).
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!
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall32/100−$955/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
- $3,259 / 2026
- MLS® number
- N14031354
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Days on market
- Size
- 500-599 sqft
- Listed on
- Parking
- Underground, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Vaughan Corporate Centre
- Municipality
- Vaughan
Building
- Size
- 500-599 sqft
- Building Age
- 0-5
- Construction
- Concrete
Inside
- Bedrooms
- 1+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 4pc Main
- Basement Type
- Other
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- Yes
- Family room
- Yes
- Extras
- Built-in fridge, cooktop, oven, dishwasher, microwave, front loading washer and dryer, existing lighting fixture, Laminate floors, existing Window Blinds, One Locker Storage, Professional Clean, Move in condition.
- Condo maint.
- $486
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.02 × 6.13 m | W/O To Balcony, Laminate, Window Flr to Ceil | Main |
| Kitchen | 3.02 × 6.13 m | B/I Appliances, Quartz Counter, Custom Backsplash | Main |
| Dining | 3.02 × 6.13 m | Combined W/Kitchen, Laminate, Open Concept | Main |
| Primary | 2.77 × 2.9 m | 4 Pc Ensuite, Laminate, Closet | Main |
| Bathroom | 0.0 × 0.0 m | 4 Pc Ensuite, Soaker, Quartz Counter | Main |
| Den | 1.89 × 2.44 m | Led Lighting, Laminate, 4 Pc Bath | Main |
| Bathroom | 0.0 × 0.0 m | 4 Pc Bath, Soaker, Quartz Counter | Main |
Listing history
Buy/sell history for 4015-225 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 | $580,000 | N/A | For Sale | N14031354 |
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
- $116,000
- Total mortgage amount
- $464,000
- Total interest payment
- $330,100
- Total purchase cost
- $910,100
- Mortgage payment
- $2,647/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
49%Monthly carrying cost
$3,405- Rent $2,450
- Shortfall $955
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
- $8,075
- Total land transfer tax
- $8,075
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $4,075
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 $580,000
- $3,600
- Ontario total
- $8,075
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 m60 test or monitoring holes also recorded.250 m
- Groundwater recorded about 4.4 m below ground nearbyThe middle water level in the well records within 500 m (270 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: 5.9 km5.9 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, 530 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 16% 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 | 200 m |
| Vaughan Metropolitan Centre Station | TTC subway: Line 1 Yonge-UniversityYRT bus rapid transit: Viva Orange | 450 m |
| Smart Centres Bus Terminal | Brampton Transit bus rapid transit: Züm Queen | 650 m |
| Highway 407 Station | TTC subway: Line 1 Yonge-University | 1.1 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 | 2.1 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 | 2.5 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 | 2.7 km | 70%Grade 9 math |
| St Luke Learning CentreYork CDSB | Catholic · grades 9–12 | 3.2 km | — |
| ÉSC de l'Ascension - VaughanConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 3.4 km | 57%Grade 9 math |
| Woodbridge CollegeYork Region DSB | Public · grades 9–12 · French Immersion | 4.3 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
Similar Active Listings
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Sold prices in Vaughan Corporate Centre are shown to signed-in members.