1515 Pickering Parkway

Pre-Construction
Starting From $400s!

Details

  • Year built
    2028
  • Type

Details

  • Price ($):
    Starting From $400s!
  • Year built:
    2028
  • Status:
  • Beds:
    1-2
  • Baths:
    1-2
  • Home area (sqft):
    300 – 659 sq ft
  • Stories:
    40
  • Units / Suites:
    570
  • Assignment Clause:
    Available

Overview

1515 Pickering Parkway Condos is ideally situated in the vibrant heart of Pickering’s thriving downtown area near Bayly St & Brock Rd. Residents will enjoy exceptional access to urban conveniences such as Pickering Town Centre, Highway 401, and the Pickering GO Station. Additionally, it’s just moments away from beautiful trails and scenic parks along Frenchman’s Bay and Lake Ontario. This prime location ensures that 1515 Pickering Parkway will be a highly sought-after address for years to come.

NOW ON SALE FROM THE LOW $400,000s!

 

Reasons to Buy

POPULATION INCREASE & ECONOMIC OUTLOOK

Pickering's population, currently over 99,000, is expected to grow to more than 168,000 by 2041. During this period, residential units are projected to nearly double from over 33,000 to around 65,000. Additionally, employment in Pickering is anticipated to rise, with over 35,000 new jobs expected. This population growth and increased job opportunities will make Pickering an increasingly desirable place to live, driving higher demand for housing.

CONNECTIVITY & EDUCATION

Pickering boasts excellent connectivity with Highways 401, 407, GO Transit, CN Rail, CP Rail, and Durham Rapid Transit, ensuring easy travel to various destinations. It is also approximately 30 minutes from Pearson International Airport, Canada's largest international airport. The city is conveniently located near five universities and six colleges, including the University of Toronto, the University of Ontario Institute of Technology, and Durham College.

HOUSING DEMAND

As part of Durham Region, Pickering has experienced significant growth. The region is projected to need over 89,000 new homes by 2031 but will likely deliver only about 65,000, resulting in a shortage of over 24,000 homes. This shortfall will drive increased demand, raising real estate values and rent prices.

REPUTABLE DEVELOPER

For the past 15 years, Sevoy Developments has delivered well-designed, high-quality condominium projects in prime, transit-oriented neighborhoods across the GTA. With an experienced team focused on creating impactful real estate developments, Sevoy builds accessible communities that enhance lives.

Deposit Structure

Deposit Structure: $10,000 on Signing / 5% Minus $10,000 in 30 Days / 5% in 270 Days / 5% in 750 Days / 5% on Occupancy
OR
Monthly Payment Plan Deposit Structure:
1 Bedroom Suites: $15,000 on Signing / $15,000 in 30 Days / $1,500/month to the Balance of 15% / 5% on Occupancy
1 Bedroom + Den Suites: $20,000 on Signing / $20,000 in 30 Days / $2,000/month to the Balance of 15% / 5% on Occupancy
2 Bedroom Suites: $25,000 on Signing / $25,000 in 30 Days / $2,500/month to the Balance of 15% / 5% on Occupancy

Features

  • Air Conditioning
  • Gym
  • Lobby
  • Security System
  • Swimming Pool
  • Theatre Room
  • TV Cable
  • Visitor Lounge
  • Visitor Parking
  • Washer
  • WiFi

Mortgage Calculator

$70,000
/
Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance

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