A Scenic Community Full Of Opportunity
Pickering’s Bay Ridges community is about to see the addition of a new, bustling neighbourhood perfect for all lifestyles.
Universal City Master-Planned Community by Chestnut Hill Development in partnership with In2ition Realty and is the next big thing to happen to the urbanizing neighbourhood.The project will sit at 1474 Bayly Street and Liverpool Road.
The neighbourhood of Pickering is just east of Scarborough in the Durham Area Region, and is a region for investors to take note of. From here they are only moving upwards with rapid urbanization and exciting developments like this one.
The project will be comprised of 6 towers. It will house a mix of unit layouts, including one-bedroom, one-bedroom plus den, two-bedroom plus den, and three-bedroom. Unit sizes will respectively span 563 square feet, 569 to 695 square feet, 841 to 950 square feet, and 1,000 square feet. With such a wide variety of unit layouts available in a central location, the community will be attractive to all lifestyles.
The towers will be mixed-use, including retail and commercial space. While little has been released about the four subsequent towers we know that the first tower, Universal City Condos, will boast 17 storeys and 275 units. It will boast luxurious interiors, with units fully equipped with durable engineered hardwood flooring, lavish bedrooms, tall cabinetry and designer kitchens complete with smart layouts. We can expect the other towers to feature similar furnishings
Residents of the community will have a vast amount of amenities at their fingertips, not limited to a luxurious lobby, outdoor pool, fitness centre and expansive outdoor terrace,
This project will help revitalize Pickering, an area already undergoing exciting urbanization. The developer has ample experience with these types of luxurious communities. They are well recognized for their low to high-rise master-planned communities they’ve developed across the GTA in past years. Most notably, they created San Francisco Bay, another development in the region that included townhomes and three towers boasting lake views.
In addition to the development,, the neighbourhood has another exciting project on its way bound to put Pickering on the map. Durham Live is an anticipated 1 million square foot entertainment hub proposed close to the project site that will be a destination for dining, shopping and entertainment. It will include a hotel, film studio, casino, theatre, luxury stores, golf course, performance hall, gourmet dining and a waterpark.
Needless to say, the centre will make an incredible impact on the community, providing a destination for all things entertainment and culture. Investors will want to keep an eye on the area, especially as Durham Live is expected to open 10,000 jobs to the area -- and this upcoming master-plan community will be minutes away from the impending hub. The hub is proposed to stand at 1802 & 1902 Bayly Street and 2028 Kellino Road.
Nature lovers will also adore this community, as residents will also find themselves a 10-minute walk away from Frenchman's Bay on Lake Ontario. They will have use of the shoreline where Lake Ontario meets Pickering for scenic strolls perfect for winding down, or a date night. The shoreline is also part of a 900 km waterfront, perfect for those who like to start their mornings or end their days with a jog.
Hiking trail and bike paths will also be available along the shores of Lake Ontario and the St. Lawrence River. The paths will extend from Niagara-on-the-lake through to the Quebec border. Residents will be able to enjoy scenic walks and picnics, ideal for family and friend get togethers outdoors.
An Urban Growth Centre
You truly can’t go wrong with this area, as Pickering is one of only two municipalities in Durham Region to been deemed an “Urban Growth Centre.” In the Province’s Places to Grow Act, it’s also documented as a designated growth area.
The development is perfectly located in the neighbourhood, and is a walk away from Pickering GO station in South Downtown Pickering. The site boasts a walk score of 61 out of 100, and transit score of 59 out of 100.
The GO Train will get residents into the city in 28 minutes. Residents will also enjoy being under 35 minutes away from Union Station and Pearson Airport. Students will be able to seamlessly navigate travel into the city to study at the city’s major universities not limited to University of Toronto, Ryerson University and OCAD.
Similarly, single working professionals or professionals with families will love being removed in a quiet place in town, while also being able to travel into the city with ease. Professionals will find it of utmost convenience travelling to the city’s job hubs like the Financial District and Entertainment District. If you drive, you’ll find yourself with prime access to to Hwy 401,412,407 and 404.
Although transit and proximity to highways will make it easy to experience all the entertainment options the city has to offer, downtown Pickering is also packed with options. The development’s neighbourhood will include a variety of dining options, such as Debbie’s Boutique Cafe, Sakura Sushi, Paul Wong Fine, Pizza Pino and Bistro 36. The site is also minutes away from Pickering Town Centre, which also provide access to an endless list of retailers not limited to H&M, the Bay, Soft Moc and Aldo. The mall also boasts a a Cineplex movie theatre, ideal for a dinner-and-a-movie date night.
With an influx of developments and entertainment hubs headed its way, it’s no wonder why Pickering is expected to lead the GTA in growth over the course of the next 15 years. The region is expected to create a whopping 35,000 new jobs with the upcoming Seaton development, another 60,000 plus jobs with Dlive and other future developments and double its population. Currently, just under 100,000 people live in the neighbourhood. Currently, the average household income in the Pickering is $114,000, making it notable as home to largely affluent residents.
Chestnut Hill Developments is customer focused, they hold seminars for new home buyers in effort to guide their clientele to make educated investment decisions. The create by first asking questions, doing extensive research before taking on a project. They utilize this information to innovate projects that prioritize the needs of residents. The real estate developer focuses on low-rise and high-rise master planned communities.
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