Why invest in Pickering Real Estate?
Pickering is located in Durham Region, and is considered by the Province of Ontario one of the urban growth centres. This will attract investment to the city as well as real estate possibilities and opportunities.
With a population of 96,000 people and around 54,000 jobs, the city is projecting to grow its population around 98% and its jobs around 67% in the next 14 years. This is possible due to many national and international companies in industries such as logistical, pharmaceutical, energy and manufacturing. It will boost the local economy and will create opportunities in real estate as well.
List of New Condos in Pickering
City of Pickering
Bordered to the south by Lake Ontario, Pickering is situated east of Toronto has many industrial hubs, an intense downtown core among other centres in the area.
The city is planning several condo developments near downtown in Pickering Town Centre and Pickering GO station, considering the Ontario’s Places to Grow Act in which the city is part of.
Pickering has its own GO station which is great for commuters heading to big centres. As Ontario province has committed to increase GO Train Service, it will directly affect real estate located in regions near GO stations, increasing its value.
The city also counts on Durham Region Transit that provides service for inhabitants and tourists. Also, Highways 401 and 407 which can be accessed throughout the city.