Pickering City Centre
Pickering City Centre is a new condo in Pickering developed by Centrecourt currently in pre-construction at Kingston Rd & Liverpool Rd, Pickering, ON.
| Developer | Centrecourt |
| Address | Kingston Rd & Liverpool Rd, Pickering |
| Neighbourhood | Pickering |
| Number of Storeys | TBA |
| Number of Units | TBA |
| Occupancy Date | TBA |
| Maintenance Fees | TBA |
| Priced From | TBA |
About Pickering City Centre
A 55-Acre Master-Planned Community in the heart of Pickering!
Pickering City Centre is set to redefine urban living in Pickering’s downtown core! This exciting new Master-Planned Community will span across 55 acres of land and will feature a 700,000+ Sq Ft Shopping Centre, a 130,000+ Sq Ft Office Building, along with a 20,000+ Sq Ft State-of-the-Art Fitness Centre. With its prime location near Kingston Rd & Liverpool Rd, Pickering City Centre provides residents with direct connection to the GO Train, and within walking distance to City Hall, numerous Parks, and Pickering’s scenic Waterfront!
700,000+ SQ FT SHOPPING CENTRE
130,000+ SQ FT OFFICE BUILDING
20,000+ SQ FT STATE-OF-THE ART FITNESS CENTRE
Pickering City Centre Location
Top Reasons To Invest!
✓ 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.
✓ 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.
✓ Education
Pickering is served locally by 5 Universities and 6 Colleges, like University of Toronto, Ontario Tech University, Durham College and more.
Somewhat Walkable
About the Developer
Centrecourt
CentreCourt Developments is a real estate company focused on the development of high-rise residential communities located near major amenities, rapid transit networks and employment areas across the Greater Toronto Area (GTA). They are a fully integrated organization that operates across all areas of development including land acquisition, zoning, design, sales, construction and customer care.
Pickering City Centre FAQs
How do I reserve a unit in this project?
After you review the floor plans and prices, if you know what suites you are interested in, you may reserve a suite online using our online reservation worksheet form at https://truecondos.com/worksheet.
Does filling out the worksheet form mean I’m committing to buy a suite?
No it is not a formal commitment, it is an expression of interest and the first step you must take if you are thinking about getting a unit in this project.
What does it mean that Andrew la Fleur is a “Platinum Agent”?
Platinum agents are the top selling agents who get preferred status with developers and first access to new projects before regular agents and the public.
Andrew la Fleur has been a top-selling pre-construction agent since 2007, and during this time he has achieved platinum status with many of the top builders and sales companies in the Greater Toronto Area.
For more information on about Platinum agents see this article: https://truecondos.com/5-things-to-know-about-buying-a-condo-with-a-platinum-vip-realtor-real-estate-agent/
How does it benefit me as a buyer to work with Andrew la Fleur as my Platinum Agent?
Working with me as your Platinum agent gives you several benefits
- You get the highest level of access in the building
- You pay the lowest possible price for the unit (prices are typically increased significantly after the Platinum sales event)
- The best possible incentives
- I do not represent the builder. I represent you. You benefit from my expertise of being a top selling pre-construction agent and investor myself since 2007.
- Access to my personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
- My services to you as a buyer are free
Do I get a cooling off period? What is it for?
Yes, after you sign the contract to purchase a suite you will have a standard 10-day cooling off period. It’s 10 calendar days, not business days from the time you sign.
The 10 days are primarily for 2 things: 1) to have a lawyer review your contract with you if you wish and 2) to get a mortgage pre-approval letter
Do I need to have a lawyer?
You don’t need to have a lawyer at the moment that you sign the agreement, however I always recommend that you have a qualified lawyer review your agreement of purchase and sale after you sign and during your 10-day cooling off period.
Not sure who to talk to? Don’t worry – getting a lawyer is something I can help you with. Contact me for more details.
Do I need to have a mortgage pre-approval to buy?
95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 60 days of signing.
Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that I can help you with. Contact me for more details.
Do the prices include HST?
If you are purchasing for yourself and plan to move in, then yes, prices include the HST and there is nothing you will have to pay at final closing.
If you are purchasing as an investment rental property, then you will have to pay approximately 7.8% of the purchase price as HST on final closing.
This money is remitted to the CRA and as an investor renting out your property you can apply to the CRA immediately to get this money back. It usually takes about 1 month to get your rebate back.
For more information on the HST, see here:
https://truecondos.com/tag/hst-rebates/
Contact me for more details.
What are my closing costs on a pre-construction condo?
Closing costs on a pre-construction condo will vary greatly depending on the actual purchase price of the unit you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit that you are buying.
Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo.
Check out this article for more info on closing costs:
Contact me for more details
Are there any ‘hidden’ costs when buying a pre-construction condo?
No, there are no hidden fees when buying pre-construction condos because all fees must be disclosed in the agreement of purchase and sale. All purchasers have 10 days to review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help you we can suggest to you to several expert law firms that will review your agreement in detail.
Is it possible to assign my condo? How much is the assignment fee?
Most condo builders do allow you to sell your unit before the building is complete. This projcess is called selling by “assignment”.
There is usually an assignment fee and a legal fee associated with selling. Costs can range from $1000-7000. Contact me for more details.
