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Unit 4008 at Festival

Sold

195 Commerce Street 4008, Vaughan, ON L4K 0P9

MLS #N12497924

$415,000

Sold on February 16, 2026

February 16, 2026

Originally listed at $430,000 47 days on market

About This Property

Your First Home, Brand New and Waiting for You. Imagine opening the door to your very first home and everything inside is completely brand new. No one has ever lived here before. The walls are fresh, the floors are flawless, the kitchen appliances are sparkling and never used, the bathroom is spotless and sparking clean and every finish is waiting just for you. That's what you'll find at 195 Commerce Street, Suite 4008. This spacious 1-bedroom condo (501 sq. ft.) was built by Menkes, a name you can trust for quality and design. The layout is smart and open, with a large balcony where you can enjoy evening sunsets and unobstructed west views all the way to Mississauga. Living here means you're right at the heart of the Vaughan Metropolitan Centre, a new downtown designed for the future. You'll have the subway just steps away, making it easy to get anywhere in the city. Restaurants, shopping, entertainment, and green parks are all around you. And when you come home, you're not just walking into your suite, you're stepping into a community with over 70,000 sq. ft. of incredible amenities. Think pool retreats, social lounges, BBQ areas, and even spaces just for pets. It's like having your own mini city right at home. For a first-time buyer, this is the dream: a brand new home you can truly call your own, in a location that's growing into one of the GTAs most exciting urban centres.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($335/mo). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$782/sqft
Vaughan Corporate Centre
$697/sqft+12.1%
Vaughan
$667/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 550 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

500-599 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeNone
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-1573
MLS Size500-599
Listed OnOct 30, 2025
Maintenance Fees$335/month
0

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Rooms

NameSize (m)Size (ft)Features
Living Room---
Living Room---
Dining Room---
Dining Room---
Kitchen---
Kitchen---
Bedroom---
Bedroom---

Room Dimensions Available

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Unit 4008 History

Complete transaction history for this unit

Terminated

Listed: Sep 8, 2025

$490,000

52 days on marketSale
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Transaction History Available

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Price History

Original List Price

$430,000

Listed on Oct 30, 2025

Sold Price

$415,000

Sold on Feb 16, 2026

-$15,000

-3.5%

47 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameFestival
Address195 Commerce Street, Vaughan
Parking Type

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About Unit 4008 at Festival

Unit 4008 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 500-599 square feet located at Festival, 195 Commerce Street, Vaughan. This unit is currently sold (sold for $415K).

About Festival

Festival is located at 195 Commerce Street, Vaughan. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Vaughan Corporate Centre Neighbourhood

This unit is located in Vaughan Corporate Centre, part of Vaughan in the York area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Festival, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 4008 Festival Vaughan

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