Revitalizing Downtown Pickering The Vision of Pickering City Centre Condos

Pickering City Centre Condos, a collaborative project by CentreCourt and architects-Alliance, is currently in the pre-construction phase. The development is set to be located at 1355 Kingston Road in Pickering, with Liverpool Road and Highway 401 being the primary intersection. Spanning across 55 acres of land, the proposed site aims to transform Pickering Town Centre and accommodate more than 6,000 units in over 10 buildings. The project will feature a diverse range of residential condos, rental apartments, commercial retail spaces, as well as facilities for seniors and youth, including a gymnasium, theatre, art gallery, library, and parkland. The first phase is scheduled to launch in the fall of 2023, marking the beginning of the new Downtown Durham. The units will offer a variety of layouts, including one, two, and three-bedroom options.

WHY PICKERING?

CONNECTIVITY & EDUCATION

The city is serviced by Highways 401, 407, GO Transit, the CN Rail, CP Rail and Durham Rapid Transit - connecting you to everywhere you need to go with ease. You are also about 30 minutes from Pearson International Airport which is Canada's largest international airport. Pickering is also close to 5 Universities and 6 Colleges including the University of Toronto, the University of Ontario Institute of Technology, Durham College and more.

POPULATION & ECONOMICAL OUTLOOK

Pickering is home to over 99,000 people and is forecasted to grow to over 168,000 people by the year 2041. At the same time, the number of residential units is projected to nearly double from over 33,000 to approximately 65,000 units. It is also estimated that Pickering will increase employment by adding over 35,000 jobs in the same time period. The rise in population along with more employment opportunities in the upcoming years will make Pickering an even more desirable city to reside in all while increasing the demand for housing.

HOUSING NEEDS

Pickering is a part of Durham Region which has been experiencing tremendous growth. It is estimated that the region will need over 89,000 new homes by 2031, but will only be able to deliver an estimated 65,000 leaving a shortage of over 24,000 homes. This will lead to increased demand which will put upwards pressure on real estate values and rent prices.

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    Details About Pickering City Centre Condos

    Top Reasons To Invest!

    Education

    Pickering is served locally by 5 Universities and 6 Colleges, like University of Toronto, Ontario Tech University, Durham College and more.

    Housing Needs

    It is estimated that Durham region will need over 89,000 new homes by 2031, but will only be able to deliver an estimated 65,000 leaving a shortage of over 24,000 homes which means there will be an increased demand for housing putting upward pressure on real estate values and rent prices.

    Population Growth

    Pickering is home to over 99,000 people and is forecasted to grow to over 168,000 people by the year 2041. It is also estimated that Pickering will increase employment by adding over 35,000 jobs in the same time period.

    REASONS TO BUY AT PICKERING CITY CENTRE CONDOS

    CentreCourt Developments

    CentreCourt Developments is a renowned real estate development company renowned for its unwavering commitment to excellence and the creation of projects that embody the highest design standards. Andrew Hoffman, the company’s President and founder, brings valuable expertise from his previous role as Chief Operating Officer of Menkes Developments Ltd. Notable Toronto projects that have benefited from CentreCourt’s involvement include the prestigious Four Seasons Hotel and Private Residences, as well as 25 York Street. Currently, CentreCourt is actively engaged in three significant high-rise residential developments in downtown Toronto: Peter Street Condominiums, Karma Condominiums, and INDX Condominiums. Collectively, these projects encompass over 1,700 meticulously crafted condominium homes. CentreCourt’s impressive track record serves as a testament to its unwavering dedication to providing superior quality and thoughtfully designed living spaces.

    We do not represent the builder directly, We represent you. Renderings are artist’s imagination only, All the information, prices, specifications, floor plans, and incentives are subject to change at any time without notice, E. & O.E.

    Steven Greenidge | Re/Max Millennium Real Estate | (416) 799-9927 | steve@perfectplace.ca