Pickering, Ontario:
It is situated in proximity to Toronto that is why it offers its commuters an easy access to the city and on return they can enjoy a slower-paced lifestyle. The cultural diversity in Pickering has been increased due to the influx of new residents. Along with English, residents speak many other languages such as Chinese, Arabic, Spanish and Japanese. The people who want to escape the concrete jungle the place is ideal to live for them with many parks, community events and recreation centres.
Despite the fact that a larger population is commuting to Toronto for employment, still there are many employment opportunities within this city. It is the home for the largest single employer i.e. Pickering Nuclear Generating Station. Yorkville Sound, PSB Speakers-Lenbrook, and Search Engine People. While Canadian Headquarters for Purdue Pharma, Hubbell Canada, Canada’s largest internet marketing company are the largest companies located in Pickering. The business sector on the city will grow without any doubt due to the advantageous location, skilled and educated workforce and access to global market.
Along with Conseil scolaire Viamonde and the Conseil scolaire de district catholique Centre-Sud, Durham District School Board and the Durham Catholic District School Board have 20 schools that are operating in almost every corner of the city.
When comes to the arts and culture city host many cultural and art events throughout the year. This allows patrons to participate in the theaters, shows and exhibits. The Pickering Museum Village offers a glimpse back to those who came before and deepens the sense of pride in the community by connecting them to the past. The city ensures that the love for arts and culture stays alive.
The average price of a 1 bedroom condo is $424K, and of a 2 bedroom condo is $518K. The average price of a 2 bedroom townhouse is $540K, for a 3 bedroom townhouse is $642K and for the 4 bedroom townhouse is $659K. The average price of a 2 bedroom detached house is $797K, for the 3 bedroom detached house is $808K and for the 4 bedroom detached house is $953K.
For the average price from $250K-$500K the average days of selling in the market are 12. While it takes 9 days in average for a property having price $500K-$750K, 16 days in average for a property in the range of $750K-1M and 12 days in average for a property between $1M-$2.5M to sold out.
From the 23 cities of greater Toronto it comes on the 7th number of highest selling with the 20th most expensive city. It is the 18th most growing city in Toronto with the 6th number city of highest turnover.
The number of new home developments in Pickering is 28. These are both high-rise ad low-rise as planned. Out of these developments, 4 are condo in which 241 units are currently under construction. There are 14 single family home developments and 10 townhouse developments out of the total 28 in Pickering.
