Why Invest in Pickering City Centre Condos?

1. Invest in the City of Pickering

The City of Pickering is a dynamic municipality with a rich history of innovation and technological advancement. It is, undeniably, a place where the synergy of progress and an exceptional standard of living coexist harmoniously. This master-planned development will revitalize the current Pickering City Centre area in Downtown Pickering, spurring more growth and opportunity in the region.

Pickering lies immediately east of the Greater Toronto Area (GTA) in Durham region, with a growing population estimated to rise from 95,000 today to 155,000 people by 2040. Its location, close to a major urban centre, Toronto and along a burgeoning economic corridor has given rise to a strong economy. In addition to this growth, it lies at the heart of Canada’s largest labour and business market. Served by an integrated transportation network, the city provides time-saving access to major markets across North America and five US border crossings are less than a day’s journey from Pickering. Not only that Pickering is experiencing a development boom and is transforming into a desirable location for people to live and work. The City is investing heavily in local businesses to generate employment opportunities, and continuing education, as well as supporting community infrastructure to revitalize the area. Investors who are looking for a rental property will find this development is located in a growing pool of potential tenants who are qualified professionals working in Pickering and the surrounding areas.

2. Severe Condo Shortage in Durham Region

Pickering City Centre will appeal to locals living and working in the area, daily commuters to Downtown Toronto and the GTA, newcomers to Ontario, and real estate investors looking for a rental property. Its location in the region of Durham places the project in the largest municipal region within Ontario with a growing population of more than one million by 2041. This means the Durham region will need upwards of 89,900 homes in the next decade.

Durham region is home to three post-secondary institutions, an established energy cluster and a strong transportation network, fueling its recent growth. And the outlook continues to be promising, offering some of the very best real estate investment opportunities in the GTA.

Pickering City Centre Condos is exactly what the local real estate market needs – affordable luxury living starting in the $500,000s and at $1,050/ sqft – a highly competitive price point that is hard to find anywhere in the GTA. The suite layouts are optimized for functional living and will appeal to a variety of lifestyles, from young professionals to growing families. This project will offer modern amenities and everyday conveniences that are unmatched in Pickering and Durham region, a critical factor when considering a condo investment.

Take advantage of this exclusive early investment opportunity! Condos appreciate in value over the pre-construction sale and construction period – so the earlier you buy, the greater the potential appreciation of the property. Investors in the first phase Block 1, and Blocks 2 and 3 will benefit from being first-in-line as Downtown Pickering evolves. With the completion of the ongoing mall revitalization and current downtown infrastructure, real estate prices will see an uptick as demand grows. Elevating Pickering City Centre into a major destination point and legitimate growth hub.

3. A Transformational 55-Acre Masterplan

This 55-acre site is intentionally designed to revitalize the downtown Pickering core and transform it into a vibrant community and destination. The development plans show pedestrian-friendly walkable neighbourhoods blending seamlessly with retail services, commercial spaces and residential buildings. It offers convenient access to public transit and direct connection to Pickering GO Transit.

• Direct Connection to Pickering GO Station Downtown Toronto in under 40 minutes.
• Immediate Access to HWY 401 Reach the 401 in just 5 minutes by car.
• 700,000 sqft Shopping Centre With over 180 Shops.
• 130,000 sqft Commercial Space 
• 10+ Mixed-Use Residential Towers 
• Award-Winning Builder 

Plans show 20 new mixed-use condominium buildings including condos, rental apartments, retail spaces, and recreational facilities, surrounded by green spaces and parklands. The project will be constructed in two phases over the next 10 years.

The first phase is Block 1, covering the release of 4 mixed-use residential towers and over 2,000 units with a variety of 1, 2 & 3-bedroom layouts. Homebuyers and investors alike will find a variety of living options to cater to individual lifestyles.

4. Unmatched Residential Amenities

Pickering City Centre Condos feature world-class amenities that are unmatched in Pickering, spanning over 100,000 sqft with 75,000 sqft of outdoor and 35,000 sqft of indoor space. Residents will have access to a 20,000 sqft state-of-the-art fitness center and wellness area, a golf simulator, a rooftop infinity pool and several lounging and entertainment areas for residents to enjoy. The rooftop terrace will be landscaped with patio seating and BBQ stations, with stunning panoramic views. And there’s much more!

Pickering has a growing reputation as a dynamic center for arts and culture. To support this movement, the development will feature dedicated gallery spaces, co-working lounges and business facilities.

The luxury design and exquisite features continue to the suite interiors, including a fully-equipped modern kitchen and spa-inspired finishes in the bathrooms. Layouts will be functional and practical to cater to a variety of lifestyles. With its unmatched offering of building amenities and suite features, Pickering City Centre Condos has differentiated itself from all other residential developments in the Durham region. And at this price point, investing here promises to be a good opportunity for homeowners and real estate investors.

5. Reputable Builder CentreCourt Developments

The Builder behind this ambitious project has a proven track record of success with many awards under their belt. CentreCourt is one of the most active developers in the GTA led by a trusted team with years of experience in delivering residential condominium and mixed-use projects.

• Over 10,500 residential units sold
• $5.9 Billion in development value
• Zero cancelled sites
• Zero days of interim occupancy
• Always fully-zoned and city approved

When you buy pre-construction, you are investing in the future value of the property. We encourage our clients to manage risk and optimize potential returns by investing in a project led by an accomplished builder. Pickering City Centre Condos is one such smart investment. Its Builder CentreCourt has delivered multiple residential projects across the GTA that have shown proven value,  exceptional design and quality construction.

Download the Pickering City Centre Guide.

QUICK FACTS

Plans show 20 new mixed-use condominium buildings including condos, rental apartments, retail spaces, and recreational facilities, surrounded by green spaces and parklands. The project which will be constructed in two phases over the next 10 years. The first phase includes 10 towers and 6,000 units, and the second will add 10 towers and over 6,000 units. In total, Pickering City Centre will include over 12,000 units with a variety of 1, 2 & 3-bedroom layouts.

This is a master-planned development by a world-class builder CentreCourt, with a reputation for building community-focused projects to the highest standard of luxury at an affordable price point.

Plans for Pickering City Centre show three distinct blocks numbered 1 to 3 encompassing 10 mixed-use residential towers.

Block 1 is the set of buildings to launch, including four towers ranging from 40 to 55 storeys and totalling over 20,000 units with layouts ranging from one to three bedrooms. Resident amenities will surpass any other condo building in downtown Pickering, including a state-of-the-art rooftop infinity pool with indoor and outdoor lounge areas, a fitness centre, an entertainment lounge and co-working spaces – and so much more!

LOCATION

Intersection: Kingston Rd & Liverpool Rd
Address: 1355 Kingston Road
Buildings: 4
Units: 45, 40, 50 & 55
Occupancy: 2028

SUITES

Floor Plans: Request
Pricing: Request

MORE NUMBERS

Maintenance Fees:  Request
Parking:  Request
Locker:  Request

scroll for MORE