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Pickering Has Had a Higher Property

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Pickering Has Had a Higher Property hyena RESORT STYLE LIVING BY THE BAY FROM $199,900 THE ADDRESS AT HIGH PARK LIFE CONDOS SAN FRANCISCO BY THE BAY THE GARDENS ON QUEEN LOTUS CONDOMINIUMS “ PICKERING is emerging as one of Ontario’s Economic powerhouses, and is expected to lead the nation in growth over the next 25 years. Pickering offers unrivalled investment opportunities.” DAVE RYAN Mayor of Pickering TOP TEN Micro American Cities of the Future 2015/2016 Connectivity RANK CITY STATE COUNTRY 1 Wilmington Delaware USA 2 Santa Fe Springs California USA TOP TEN 3 South Gate California USA 4 North Vancouver British Columbia Canada 5 Langley British Columbia Canada 6 Pickering Ontario Canada In 2015/2016 7 Repentigny Québec Canada 8 Franklin Wisconsin USA Pickering was 9 Plattsburgh New York USA ranked in the top 10 Ogden Utah USA ten Microcities in TOP TEN Micro American Cities of the Future 2015/2016 Business Friendliness North America in RANK CITY STATE COUNTRY 1 Santa Fe Springs California USA Business 2 Greenville South Carolina USA Friendliness and 3 Plattsburgh New York USA 4 Fredericton New Brunswick Canada Connectivity 5 Brantford Ontario Canada 6 Langley British Columbia Canada Categories. 7 North Vancouver British Columbia Canada 8 Sarnia Ontario Canada 9 Chatham Ontario Canada 10 Pickering Ontario Canada CONNECTIONS RIGHT DISTANCE IN MINUTES THE BY GOTRANSIT EXPRESS TO UNION STATION DOWTOWN TORONTO TO HWY 401 TO HWY 407 TO PEARSON INTERNATIONAL AIRPORT TO YONGE & 401 TO YONGE & BLOOR TO YONGE & DUNDAS TO UNION STATION TO BILLY BISHOP TORONTO AIRPORT THE RIGHT CONNECTIONS DISTANCE IN KM PICKERING GO STATION 0.75 HIGHWAY 401 1 DURHAM COLLEGE 1.5 CENTENNIAL COLLEGE 1.5 PICKERING PUBLIC LIBRARY 2.1 PICKERING CITY HALL 2.1 FRENCHMAN’S BAY MARINA 2.2 BEACHFRONT 2.4 MILLENIUM SQUARE 2.4 HIGHWAY 407 10 Pickering has an average annual household income 1.6 X the Toronto average, 1.5 X the Ontario average $118,377 $72,830 $76,510 $82,613 Ontario Toronto Ajax Pickering Population is expected to double by 2031 185,000 2031 94,000 2015 (source; Statistic Canada & City of Pickering website as of 2014) of the population of Pickering between 24-64 has a post secondary degree or diploma Pickering is home to national and international companies in key industry sectors; including energy, advanced manufacturing, and pharmaceutical. 67% of the population in Pickering is working age (source; Statistic Canada & City of Pickering website as of 2014) $ Pickering currently has 200 Pickering has Acres of Employment the lowest residential tax Land available for rate and one of development and the lowest business tax another projected rates in Durham to become available 800 Pickering also has one of the fastest moving home Pickering markets in the GTA: has had a Average Days On higher Pickering the Market (source: AVG DOM: TREB MLS 2016) property PICKERING 2828 appreciation 21.7% TORONTO 30 MISSISSAUGA 30 than the city (2012-2015 : TREB MARKET WATCH) BRAMPTON 32 Toronto 21.6% of Toronto BURLINGTON 31 OAKVILLE 40 RICHMOND HILL 36 MARKHAM 35 GTA AVERAGE 31 Tower 1 has seen appreciation rates of about 31% for a typical 1 bedroom + den unit 31% POTENTIAL BEDROOM TYPE 1BED RETURN SQ.FT. 500 PURCHASE PRICE $199,900 ON INCOME DOWN PAYMENT 20% $39,980 MONTHLY RENT $1,520 YEARLY RENT $18,240 MAINTENANCE $0 PROPERTY TAX $2,519 29% TOTAL INCOME $5,721 MORTGAGE AMOUNT 20% DOWN $159,920 ANNUAL MORTGAGE PAYMENTS $8,609 YEAR 1 NET CASH FLOW $7,112 PRINCIPLE PAID DOWN $4,665 Without incentives, ROI still at 21% NET INCOME $11,777 FIRST YEAR ROI 29% *BASED ON 2.5% INTEREST RATE, 25 YEAR AMORTIZATION PERIOD. Elegant Lobby with 24 Hour Concierge Guest Suite Fitness Facility Complete with Changerooms and Sauna A FIRST IMPRESSION, SECOND TO NONE. Lounge and Party Room Landscaped Outdoor Pool and Party Area Hot tub, Cabanas, Fire Pit and In-pool Seating Area RESORT-STYLE LIVING LET THE GOOD TIMES FLOW (ALL THE WAY OUTDOORS) Who says the best parties end up in the kitchen? At SF3, the party can flow right outdoors onto the spectacular pool terrace, where a firepit, barbeque areas and dining table await. So head on out: gorgeous sunsets will pair wonderfully with everything on your menu. THE BUILDING 211 Units, 23 Storeys Suite types: 1 bed starting at 500 sq ft 1 bed + den starting at 600 sq ft 2 bed starting at 800 sq ft 2 bed + den 950 - 1305 sq ft Projected Occupancy: June 2019 Suite Features • 8 and 9 ft Ceiling Heights • Bright open concept suites with livable layouts • Granite or Quartz Counters • Stainless Steel Appliances • South, West, and East exposures all have panoramic vistas of Lake Ontario and Frenchman’s Bay and Ravine to the East • North exposure unobstructed city view • Expansive balconies and outdoor space designed to maximize views, outdoor space with every unit; patios, terraces, & wrap around balconies up to 800 sq ft. PRICES AND INCENTIVES Special Extended Deposit: 1 Year Free (Only 10% in the first year) Maintenance Lease During $3,000 on signing Occupancy Balance to 5% in 30 Days 2.5% in 180 Days FREE Assignment 2.5% in 365 Days 2.5% in 450 Days Capped Development 2.5% in 720 Days Charges 5% on Occupancy Free Gas BBQ Connection on Terrace Suites THE TEAM Chestnut Hill Developments Mike Niven Interior Design In2ition Reality Brokerage Terraplan Landscape Architects Kirkor Architects .
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