Starting From: $500,000
Project Details
Welcome to The Highmark, the newest condominium coming soon to Pickering! Featuring a highly sought-after address in the heart of Pickering at Kingston Rd & Brock Rd, residents at The Highmark are thoughtfully placed in perfect proximity from a number of urban and natural amenities. Here, residents will be moments from Highway 401, the Pickering GO Station, Big Box Stores, the Pickering Town Centre, Princess of Wales Park, and so much more that this burgeoning city has to offer!
Pricing Starting From The $500s!
INTERESTING FACTS
Developer: Highmark Homes
Address: 1640 Kingston Rd, Pickering
Nearest Intersection: Kingston Rd & Brock Rd, Pickering
Pricing: Starting From The $500s
Occupancy: December 2026
Storeys/Suites: Two Buildings, 12 & 16 Storeys / 346 Suites
Suite Types: One Bedroom – Three Bedroom + Den Suites
Suite Sizes: 386 sq ft – 1,055 sq ft
Maintenance Fees: Approx. $0.59/sq ft (Excludes hydro and water)
Deposit Structure: $5,000 on Signing // 5% Minus $5,000 in 30 Days // 3% on Feb 1st 2024 // 2% on Aug 1st 2024 // 2.5% on Feb 1st 2025 // 2.5% on Aug 1st 2025 // 5% 30 days prior to Occupancy
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies (1B+D and smaller – $10,000 $2,500 // 2B and larger – $15,000 $5,000), Free Assignment, Leasing & Property Management Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Right to Lease, Discounted Parking – $60,000 $55,000 (Suites 559sf or larger eligible), Free Locker (Value of $7,500), Free Island (Value of $5,000 – Excluding jr 1 bedrooms)
Suite Features: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: Party Zone with bar, lounge seating and private dining, Sports Zone with bar, pool table, fireplace, games table and chef’s kitchen, Work Zone co-working space with separate glass-enclosed privacy work pod, Sun Zone landscaped outdoor rooftop terrace with gas barbeques, loungers and pavilion with cabana, bar and seating, Indoor Fit Zone gym, Indoor Yoga Zone, Outdoor Power Zone with fitness equipment, Zen Zone Garden, Indoor Children’s Fun Zone, Outdoor Children’s Play Zone.
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 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.
REPUTABLE DEVELOPER
Highmark Homes is a highly reputable developer who possesses over 40 years of building experience. They have successfully developed over 500 homes in over 10 communities with high-rise developments coming soon to Pickering and Whitby.
