Durham region, which extends eastward from the center of Toronto,
includes cities like Pickering, Ajax, Whitby, and Oshawa.
Among these, Pickering, located closest to Toronto, boasts excellent transportation and living conditions, comparable to those in Toronto itself.
However, unlike the high-rise condo developments in the western suburbs of Toronto such as Oakville or Mississauga, Pickering has largely remained a low-density area.
With the continuous rise in real estate prices in the Toronto area,
many people who find the prices unaffordable are now turning to Pickering.
There has been a significant demand for condos in this area, but the supply has been relatively low, leading to housing imbalances.
Now, CentreCourt, a major construction company, has confirmed a large-scale masterplan for Pickering’s City Center area. They are soon launching the first phase of their Pickering City Centre condo development.
When a large-scale project like this begins, the earliest phase typically offers the most affordable prices and the highest potential for investment returns.
I encourage you not to miss out on this opportunity for a potentially high-return investment. Please feel free to reach out for more information or to discuss this exciting opportunity further.
1. Features and Facilities
- Situated on a sprawling 56-acre site, the Pickering Town Centre redevelopment boasts an extensive masterplan.
- It is set to include more than 10 buildings with over 6,000 units.
- The development encompasses condominiums, rentals, retail spaces, facilities for seniors and youth, a theater, a gymnasium, an art gallery, a library, and park developments.
- This ambitious pre-construction masterplan community aims to redefine Pickering’s city center, transforming it into a pedestrian-friendly area by combining civic infrastructure, retail services, and residential density.
2. Location and Surroundings
- Proximity to universities such as the University of Toronto, Durham College, and Centennial College.
- Pickering is ranked as the #1 city with significant real estate investment potential.
- Its close proximity to downtown Toronto makes it an excellent location for professionals.
- It boasts the second-largest job market within the Durham region.
- In terms of community population, it ranks as the third-largest in the area.
- The area offers convenient living with nearby restaurants, parks, retail stores, pharmacies, shopping malls, shopping complexes, banks, pubs, and educational facilities.
3. Transportation and Accessibility
- Excellent accessibility with Highway 401 directly adjacent to the development.
- Just a 30-minute drive to downtown Toronto.
- Pickering GO Station is a 6-minute walk away, providing easy access to public transit.
- The Pickering Parkway Terminal, located at the southern end of Pickering Town Centre (PTC), serves as a regional transportation hub, offering Durham region transit bus routes.
4. Convenient Access to Pickering Town Centre Mall
- The development offers easy access to Pickering Town Centre Mall, featuring over 200 stores including popular brands like Winners/Homesense, Saks Fifth Avenue, H&M, and Hudson’s Bay.
- Nearby retail options include Canadian Tire, Walmart, and Home Depot.
- Grocery shopping is convenient with options like Loblaws and Pacific Fresh Food Market.
- Nearby public schools include Glengrove Public School, Vaughan Willard Public School, and Bayview Heights Public School.
- Centennial College Campus is located at the southern end of the development, just a 7-minute walk away.
6. Convenient On-Site Amenities
- Within the development, a variety of facilities including parks, shops, entertainment options, health, and wellness facilities are all integrated, providing a one-stop solution for convenience and ease of access.
Location: Hwy 401 / Liverpool Rd (1355 A Kingston Rd)
Size: 45 stories
Pricing Information: More detailed information beyond what’s provided here will be released soon.
- 1 Bedroom: Starting from the early $500,000s
- 1 Bedroom + Den (1 Bath): Starting from the mid $500,000s
- 1 Bedroom + Den (2 Bath): Starting from the early $600,000s
- 2 Bedroom: Starting from the late $600,000s
- Upon Signing the Contract: $10,000 (Bank Draft)
- 30 Days After Contract: 5% – Deposit ($20,000)
- 120 Days After Contract: 5%
- 300 Days After Contract: 2.5%
- 400 Days After Contract: 2.5%
- 600 Days After Contract: 2.5%
- 720 Days After Contract: 2.5%