Starting Price $400,000
Project Overview
Menkes Developments Ltd. and QuadReal are currently building Encore at Bravo Condos, a new condominium development situated at 1 Commerce Street, Vaughan in the Thornhill neighborhood. With 540 suites overall, the project is 47 stories high. The Encore at Bravo Condos is presently in the Registration Stage.
Highlights
- Located near Highway 400 and 407
- Served by the Zum Transit, YRT, and VIVA systems.
- York University is a short 9-minute drive away.
- A quick drive to the mall in Vaughan Mills.
Quick facts
- Developer - Menkes Developments, Quadreal
- From $400,000
- Occupancy - Jan 2029
- 1 Commerce St, Vaughan
- Storeys/Suites - 47 Storeys / 540 Suites
- Unit Types - Studio To Two Bedrooms
- Suite Size - 390 - 698 Sq Ft
- Maintenance Fees - $0.73/Sq.Ft
Download Floorplans & Price List
Reasons to Invest
01
The Vaughan Metropolitan Centre (VMC) is an important transit hub with Rapid Transit and the Yonge-University Subway Line bringing you into Downtown Toronto.
02
By 2031, the region would need almost 180,000 new homes but can only provide 88,500, leaving a 90,000-home gap. Increased demand will raise real estate and rent prices.
03
Residents at Grand Festival Condos feel connected to nature thanks to its lush greenery. A well-designed vertical park and outdoor facilities are in this new property, which is walking distance to parks and trails.
04
Predicted to rise from 162,000 to 276,000 jobs. Vaughan will become a more desirable place to live in as population and jobs expand, increasing housing demand.
Deposit Structure
- 12,000 Upon Signing
- Balance to 5% in 30 days
- 2.5% in 180 days
- 2.5% in 360 days
Incentives
- 1-Year Credit Maintenance
- Capped Development Levies
- Lawyer Review of Purchase agreement
- Right to lease during interim occupancy.
Neighbourhood
- Located near Highway 407 and 400
- Situated steps from VMC Subway Station.
- Served by VIVA, YRT, Zum Transit.
- Walking distance of multiple dining, shopping and entertainment options
- York University is 9 minutes away.
- A quick trip to the retail mall Vaughan Mills.
About Developer
Toronto-based family business Menkes Developments Ltd. The visionary entrepreneur Murray Menkes founded the company about 70 years ago, specializing on high-quality, long-lasting single-family homes. Menkes expanded into mixed-use communities, becoming a multi-disciplinary real estate development powerhouse.
QuadReal began as a Canadian real estate operator and has since invested in public and private debt and equity markets. The organization enhances value for communities and individuals by prioritizing great investment returns and sustainable environments for current and future generations.
Walkscore
