Starting From: $500,000
Project Details
Introducing The Grand at Universal City – the newest release coming soon to the highly sought after Universal City Master-Planned Community! Thoughtfully located in the heart of Pickering at Brock Rd & Bayly St, Universal City places residents moments from the Pickering GO Station, Pickering Town Centre, Major Highways, Big Box Stores, breathtaking outdoor amenities and so much more!
INTERESTING FACTS
Developer: Chestnut Hill Developments
Address: Durham Regional Rd 22, Pickering
Nearest Intersection: Brock Rd & Bayly St
Pricing: Starting From The $500s
Occupancy: November 2027
Storeys / Suites: 37-Storeys / 482 Suites
Suite Types: One Bedroom – Three Bedroom Suites
Suite Sizes: 469 sq ft – 1,026 sq ft
Maintenance Fees: $0.67/sq ft (Water & electricity separately metered)
Deposit Structure: $5,000 on Signing // 2% Minus $5,000 in 30 Days // 2% March 13, 2023 // 2% July 10, 2023 // 2% November 7, 2023 // 2% March 27, 2024 // 2.5% March 31, 2025 // 2.5% March 31, 2026 // 5% January 31, 2027 // 1% on Occupancy
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies ($4,000 for 1 Bed & 1 Bed+Den // $6,000 for 2 Bed & Larger), Zero Dollars Assignment Fee (Legal Administrative Fees Apply – Value $5,000), Free Lawyer Review of Your Purchase Agreement, Leasing & Property Management Services Available, Free Mortgage Arrangements, Price Discount ($10,000 off 1 Bed & 1Bed+Den // $15,000 off 2Bed // $20,000 for 2 Bed+Den & 3 Bed), Mortgage Buster (The builder will pay $1,000 per month towards your mortgage for 1 year), Right to Lease During Interim Occupancy
Suite Finishes: Laminate Flooring, Stone Kitchen Counters, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: Lobby, Zoom Room, Meeting Room, Golf Simulator, Management Office, Kids Playroom, Fitness Centre, Spin Studio, Studio, Pet Spa, Co-Work Lounge, Party Room & Dining, Outdoor Dining, BBQ, Outdoor Lounge, Outdoor Pool, Treatment Room, Yoga/Pilates Studio, Sauna, Editing Suite, TikTok/ Karaoke Studio, Game Room, Outdoor Terrace.
WHY TO BUY?
POPULATION INCREASE & 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.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.HOUSING NEEDS
Pickering is apart 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.REPUTABLE DEVELOPER
For over 40 years (since 1981) Chestnut Hill Developments has been building award-winning communities across the GTA!
