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The Pickering City Project is a new master-planned community in the Durham Region. In this episode, Nick and Xerxes cover the project overview, population growth in the area, the Pickering City Centre, pricing and deposit structure, and the potential for investors. The team also discuss the importance of understanding user needs in real estate and investing. This episode is a must-listen for anyone interested in real estate development or investing in the Toronto area.
Shownotes
- Pickering City Project (00:00:30)
- Master planned community
- First tower in the first phase
- Population Growth in Durham Region (00:01:05)
- Durham as one of the fastest growing areas in the GTA
- Only 2% of completed condominium projects in Durham
- Pickering City Centre (00:03:00)
- Proximity to GO Station
- Onsite shopping mall, restaurants, and office space
- 55-acre master plan community
- Pricing and Deposit Structure (00:03:45)
- Starting at $500,000 for 500 sq ft
- Lower deposit structure than other pre-construction projects
- Potential for Investors (00:09:00)
- Velocity of people moving is important
- An excellent opportunity for investors
- Conclusion (00:13:35)
- Reputable builder with no issues in the past
- Zero interim occupancies with Senator court
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Team Rajpal
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Phone: 647-875-8000
Email: info@teamrajpal.com
www.teamrajpal.com
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