225 Commerce St #4015, Vaughan

Name: 225 Commerce Street, Unit 4015
SKU: N14031354
Price: 580000 CAD
Availability: InStock

1 Bed, 2 Bath Condo in Vaughan

Unit 4015 at 225 Commerce Street

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!

1 bedroom, 2 bathrooms, about 500 sq ft, works out to roughly $1,160 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 225 Commerce St #4015

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 500-599 sq ftas stated on the listing
Basement: Other

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 0

Interior

Basement: Other

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

225 Commerce St #4015 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 14, 2026For saleListedThis listingMLS® N14031354$580,000
LeasedPreviously listedMLS® N12175903View listing (opens in a new tab)

See what it sold for, free. Board rules need a free account before we can show sold and past prices.

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 225 Commerce St #4015 Compares to the Vaughan Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 2,018 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Vaughan market, last 90 days

Median sold price: $1,142,500
Average sold price: $1,224,597
Average days on market: 33
Homes sold: 1,200

Closed sales on the TRREB MLS®.

Full Vaughan market report

Market pulse · Vaughan

Vaughan market

Median sold price$1,142,500Last 90 days
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.6%On average, homes sold below asking.
Active listings1,612Homes for sale here right now.
Median vs prior 90 days+5.7%Compared with Apr 17 – Jul 16, 2026: prices up.

Based on 1,200 sales from Jul 16 – Oct 14, 2026 (819 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Vaughan

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 4015 — 225 Commerce Street 1 bd · 2 ba · 500 sqft	$580,000asking	$1,160	—	—
8960 Jane Street 2 bd · 2 ba · 1,200 sqft
9245 Jane Street 1 bd · 2 ba · 800 sqft
7300 Yonge Street 2 bd · 2 ba · 1,400 sqft
2916 Highway 7 N/A 1 bd · 1 ba · 600 sqft
50 Upper Mall Way 2 bd · 2 ba · 800 sqft
11 Townsgate Drive 2 bd · 2 ba · 1,000 sqft

8960 Jane Street
2 bd · 2 ba · 1,200 sqft
9245 Jane Street
1 bd · 2 ba · 800 sqft
7300 Yonge Street
2 bd · 2 ba · 1,400 sqft
2916 Highway 7 N/A
1 bd · 1 ba · 600 sqft
50 Upper Mall Way
2 bd · 2 ba · 800 sqft
11 Townsgate Drive
2 bd · 2 ba · 1,000 sqft

More in this building

3 for sale · 14 for rent at 225 Commerce St — plus its sale and lease history.

See all of 225 Commerce St

Living in Vaughan: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Vaughan Metropolitan Centre StationLine 1490 m6 min walk
Highway 407 StationLine 11.2 km15 min walk
Pioneer Village StationLine 12.5 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Vaughan Metropolitan Centre Station (Line 1)6 min walk
Highway 407 Station (Line 1)15 min walk
Pioneer Village Station (Line 1)2.5 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Vaughan Metropolitan Centre Station
490 m6 minClosest· Line 1
Homes near Vaughan Metropolitan Centre Station
Highway 407 Station
1.2 km15 min· Line 1
Homes near Highway 407 Station
Pioneer Village Station
2.5 km· Line 1
Homes near Pioneer Village Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 225 Commerce St #4015. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 225 Commerce St #4015

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,849; 20% down · 25 years · 5.5% assumed
Property tax: $319; 0.66% mill rate · ON
Total per month: $3,168; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,849

/mo

based on the purchase price of $580,000

Down payment20%

$116,000 cash

Amortization25 yr

$464,000 financed

Rate5.50%

$390,810 total interest

Principal54%$464,000

Interest46%$390,810

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

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

Book a tour of 225 Commerce St #4015 with a licensed buyer's agent

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Questions About 225 Commerce St #4015

How much is 225 Commerce St #4015 listed for?

225 Commerce St #4015 is listed at $580,000 (MLS® N14031354). Summitly updates the price as soon as the MLS® record changes.

Is $580,000 a good price for 225 Commerce St #4015?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Vaughan. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 225 Commerce St #4015 changed?

No — 225 Commerce St #4015 is still listed at its original asking price of $580,000.

How many bedrooms and bathrooms does 225 Commerce St #4015 have?

225 Commerce St #4015 has 1 bedroom and 2 bathrooms, with about 500–599 square feet of living space. It is a condo in Vaughan.

Is 225 Commerce St #4015 close to transit?

The nearest rapid-transit station is Vaughan Metropolitan Centre Station (Line 1), about 490 m (about a 6-minute walk) in a straight line. Highway 407 Station is about 1.2 km (about a 15-minute walk), and Pioneer Village Station is about 2.5 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 225 Commerce St #4015?

About $2,849 a month — principal and interest on $580,000 with 20% down ($116,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 225 Commerce St #4015 compare with other homes in Vaughan?

Its asking price of $580,000 is about 49% below the median sold price in Vaughan over the last 90 days, $1,142,500, across 1,200 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 225 Commerce St #4015 been sold before?

Yes — Summitly has 1 earlier MLS® listing of 225 Commerce St #4015 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.

Where is 225 Commerce St #4015?

225 Commerce St #4015 is in Vaughan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 225 Commerce St #4015 been on the market?

225 Commerce St #4015 was listed today (October 14, 2026).

What is the price per square foot of 225 Commerce St #4015?

About $968 to $1,160 per square foot: the asking price of $580,000 over the 500–599 sq ft the listing gives as its size range.

Does 225 Commerce St #4015 have parking or a garage?

Garage: Yes.

What you should know