Real Estate

Festival Condos Vaughan - where’s the hype?

  • Last Updated:
  • Jun 27th, 2021 6:28 pm
[OP]
Sr. Member
Sep 15, 2012
656 posts
298 upvotes
Mississauga

Festival Condos Vaughan - where’s the hype?

Curious, I follow this section of RFD a lot but haven’t noticed much talk about this master planned community.

4 towers next to the TTC subway in an emerging downtown Vaughan core by highway 400. Is this not a good investment?

If you had around 75k to invest right now, between this and Brightwater in Port Credit, where would you put your money?

I’m seriously considering getting a unit here. Would be my first real estate investment.
595 replies
Member
May 27, 2007
210 posts
36 upvotes
Vaughan
I saw the email come out today for Festival. The price was not listed. Do you know what the psf rate is?
[OP]
Sr. Member
Sep 15, 2012
656 posts
298 upvotes
Mississauga
No idea on pricing but the email says it’s launching this week. Will update once I get it.

What should be a good $/sf for that area for investment purposes ?
Deal Addict
Nov 23, 2003
2068 posts
542 upvotes
If the price is right, this will be a good investment on subway line in master planned community.
Deal Fanatic
Mar 27, 2004
5988 posts
3858 upvotes
Toronto
there is a lot of hype of this project.
my IG feed is full of it.
Full-time Realtor
Sr. Member
Apr 18, 2017
952 posts
789 upvotes
Toronto
Exactly lol

Rather look at Brightwater at that price. Will hold better value.
Deal Addict
Sep 12, 2006
1502 posts
438 upvotes
lol $1k PSF... can get post-2018 occupied resale at Yonge/Eglinton in that price range
Deal Fanatic
Mar 27, 2004
5988 posts
3858 upvotes
Toronto
Yonge and Eglinton is a much better buy right now.
Full-time Realtor
Deal Addict
Jun 7, 2017
1027 posts
800 upvotes
BC
oasis100 wrote: there is a lot of hype of this project.
my IG feed is full of it.
Realtor's IG feed is full of real estate info. Ok.
Deal Expert
User avatar
Feb 11, 2009
19054 posts
7296 upvotes
Toronto
Just got out of the platinum agent presentation. Here’s some sample floor plans

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Last edited by deal_with_singh on Sep 2nd, 2020 9:56 pm, edited 1 time in total.
Real Estate Agent, MAcc, CPA, CA
Deal Expert
User avatar
Feb 11, 2009
19054 posts
7296 upvotes
Toronto
Prices are also closer to 950/sqft.

$1000/sqft on the smallest units. Goes up to $1050 depending on floor/view

1+D and 2B are closer to $950

Of course these are just the hints given, actual prices lunch on Friday.
Real Estate Agent, MAcc, CPA, CA
Deal Addict
Nov 23, 2003
2068 posts
542 upvotes
950 is good for the area IMO.

Is parking 55,000?

But I won’t buy here,. I have transit city here in this area.

Next purchase will be a freehold again. Not a big fan of condos.
Jr. Member
Apr 6, 2020
100 posts
66 upvotes
Toronto
oasis100 wrote: there is a lot of hype of this project.
my IG feed is full of it.
lol that's some poorly targeted advertising then
GTA Real Estate Agent
Deal Fanatic
Mar 27, 2004
5988 posts
3858 upvotes
Toronto
mjkrealty wrote: lol that's some poorly targeted advertising then
I only follow other realtors.
Full-time Realtor
Jr. Member
Apr 6, 2020
100 posts
66 upvotes
Toronto
oasis100 wrote: I only follow other realtors.
Ahh, I just assumed that they were ads blowing up your IG
GTA Real Estate Agent

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