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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 4 days ago

    Unit 1702 — 225 Commerce Street

    Vaughan Corporate Centre·Vaughan, ON·L4K 0R1·Near Hwy 7 & Yonge St

    • 2 beds
    Vaughan real estate›N13463734
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    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, walk-in-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.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 18, 2026ListedCurrentFor sale$650,000 —N13463734This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Forced Air
      Air conditioning
      Central Air
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 1702 — 225 Commerce Street
    What's nearby

    Points of interest classified by the MLS® feed.

    • Public Transit
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $3,193
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $317
    0.59% mill rate · ON
    The market

    How this home sits in the Vaughan market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Vaughan market right now

    Average sold price, days on market, and closed-transaction count for Vaughan — sourced from MLS®.

    • Avg sold price
      $1,165,657
      Last 30 days
    • Median sold price
      $1,089,500
      Middle of the market
    • Days on market
      29 d
      Avg from list to close
    • Closed last 30d
      856
      MLS® transactions
    Full Vaughan market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 1702 — 225 Commerce Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 1702 — 225 Commerce Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 1702 — 225 Commerce Street listed for?

      Unit 1702 — 225 Commerce Street is listed at $650,000 on the MLS® (listing N13463734). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 1702 — 225 Commerce Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 2 baths
  2. 600-699 sqft
  3. Condo Apartment
  4. Asking
    $650,000
    $1 / sqft · MLS® N13463734
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $850,930
    $782,855Confidence range$919,004
    Asking vs estimate
    ↓below
    −$200,930
    (-23.6%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Vaughan sell in about 29 days — this one has been listed 4 days.

    Avg sold price
    $1,165,657
    Median sold
    $1,089,500
    Avg days on market
    29
    Recently sold
    856
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    AI highlights by Zara
    • 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.
    • 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.
    • A fantastic opportunity to own in one of Vaughan's most connected and exciting communities.
    Ask Zara a follow-up

    Parking & garage

    3
    Garage
    Underground
    Garage spaces
    1
    Parking spaces
    1
  6. Interior

    5
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    5
    Laundry level
    Main Level
  7. Exterior & construction

    4
    Exterior
    Concrete
    View
    Clear
    Patio
    Open
    Balcony
    Open
  8. Listing & possession

    3
    Occupancy
    TBA
    Property style
    Apartment
    Property class
    Condo Apartment
  9. Room-by-room · 5 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Flat level

    5 rooms
    • Dining Room
      combined w/living · laminate · large window
      17.9 × 15.4 ft
    • Living Room
      combined w/dining · laminate · large window
      17.9 × 15.4 ft
    • Bedroom 2
      large window · laminate · large closet
      12.4 × 8.0 ft
    • Kitchen
      b/i appliances · open concept · w/o to balcony
      17.9 × 15.4 ft
    • Primary Bedroom
      4 pc ensuite · laminate · w/o to balcony
      11.2 × 10.4 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $521
    per month
    Maintenance fee includes
    • Parking
    Building details
    • Unit2
    • Storeys (building)15
    • ExposureSouth East
    • LockerNone
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpYRSCP
    • Corp #1582
    • Property managerMenRes Property Management
    Building amenities
    • Gym
    • Indoor Pool
    • Media Room
    • Party Room/Meeting Room
    • Rooftop Deck/Garden
    Combined estimate
    $3,510
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $3,193
    /mo
    based on the purchase price of $650,000
    $130,000 cash
    $520,000 financed
    $437,976 total interest
    Monthly payment$3,193/ month
    Principal54%$520,000
    Interest46%$437,976

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo apartments that just sold in Vaughan

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 10 Gatineau Drive
      Sold
      Sign in for price
      10 Gatineau Drive
      Condo Apartment
    • 99 Eagle Rock Way
      Sold
      Sign in for price
      99 Eagle Rock Way
      Condo Apartment
    • 7300 Yonge Street
      Sold
      Sign in for price
      7300 Yonge Street
      Condo Apartment
    • 7250 Yonge Street
      Sold
      Sign in for price
      7250 Yonge Street
      Condo Apartment
    • 3600 Highway 7 Avenue
      Sold
      Sign in for price
      3600 Highway 7 Avenue
      Condo Apartment
    • 8 Maison Parc Court
      Sold
      Sign in for price
      8 Maison Parc Court
      Condo Apartment
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 1702 — 225 Commerce StreetThis home2 / 2600,699$650,000ask$1——
    10 Gatineau Drive3 / 31,600—
    99 Eagle Rock Way2 / 2800—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo apartments in Vaughan

    Active listings within ±20% of this asking price.

    • 2908 Highway 7
      $599,000
      2908 Highway 7
      Condo Apartment 2 2
    • 120 Promenade Circle
      $749,000
      120 Promenade Circle
      Condo Apartment 2 2
    • 9255 Jane Street
      $529,900
      9255 Jane Street
      Condo Apartment 1 2
    • 86 Woodbridge Avenue
      $749,000
      86 Woodbridge Avenue
      Condo Apartment 2 2
    • 7895 Jane Street
      $539,000
      7895 Jane Street
      Condo Apartment 1 2
    • 9431 Jane Street
      $669,000
      9431 Jane Street
      Condo Apartment 2 2
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  10. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  11. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  12. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  13. Public listing courtesy of REMAX YOUR COMMUNITY REALTY · displayed on Summitly per MLS® data-share rules

    Unit 1702 — 225 Commerce Street is a 2-bedroom, 2-bath, 600-699 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  14. When was Unit 1702 — 225 Commerce Street built?

    The year built for Unit 1702 — 225 Commerce Street isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  15. What is the property tax for Unit 1702 — 225 Commerce Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 1702 — 225 Commerce Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  16. How much would the monthly mortgage be on Unit 1702 — 225 Commerce Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $650,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  17. Has Unit 1702 — 225 Commerce Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 1702 — 225 Commerce Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  18. What neighbourhood is Unit 1702 — 225 Commerce Street in?

    Unit 1702 — 225 Commerce Street is in Vaughan Corporate Centre, Vaughan. The 'Neighbourhood' section below links to the live Vaughan real estate hub with average sold price, days on market, and current inventory.

  19. Is Vaughan a good place to live?

    Vaughan is one of ON's actively-tracked Summitly markets. The full Vaughan real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  20. 7300 Yonge Street
    2 / 2
    1,200
    —
    7250 Yonge Street2 / 21,000—
    3600 Highway 7 Avenue1 / 1600—
    8 Maison Parc Court1 / 1600—