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Universal City 4
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Condo Project Summary
Universal City, one of the most successful master-planned communities is coming out with its fourth tower.
Universal City 4 is a new mixed-use residential tower by Chestnut Hill Developments in Pickering. This new pre-construction condo is located at Bayly St & Liverpool Rd intersection in Pickering’s vibrant Bay Ridges neighbourhood overlooking the scenic waterfront.
Investors can expect that this development will be conveniently served by transit and will be close to some of the best local amenities including DLive, one of the biggest entertainment centres coming to the GTA.
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Based on the last three towers in this master-planned community, we can expect this tower to follow a similar architectural design. This tower will have a modern and sleek look with sharp edges, large windows and wrap-around balconies - it will also offer some of the best features and finishes.
Universal City is known to provide its residents with luxury living. Some of the previous building interiors come with hardwood flooring, 9-inch ceilings, open-concept layouts and floor-to-ceiling windows to bring in the most natural light.
These units will likely range in size to make this space comfortable for anyone including young couples, families and retirees. Not only will this development provide high-end interiors, it will also come equipped with state-of-the-art amenities. We can expect to see a wide-range of indoor and outdoor amenities including a fitness centre, yoga studio, party room, outdoor pool and terrace.
Universal City 4 will have everything residents need to live, work and play in one location. This complex will also include a new mixed-use entertainment centre known as DLive. This facility will have over one million square-feet of space reserved for a casino, waterpark, convention centre, film studio, amphitheatre, office space, shopping, dining and more. Once completed, DLive will bring in up to 10,000 jobs. Stay tuned as we provide more details about this development as soon as they become available.
Location & Neighbourhood
The City of Pickering is a prime investment spot because of its adjacency to downtown Toronto. This master-planned community will be only two minutes away from the Pickering GO Train, taking residents to Union Station in only 30 minutes. This complex is a great spot for anyone that works in the bustling downtown core but would rather live in a peaceful lakeside neighbourhood. For students, Centennial College and Durham College are both a 15 minute walk away. Additionally, families will find that this area is a great place to live with a plethora of schools, libraries, community centres and after-school programs located nearby.
There are no shopping shortages here with Pickering Town Centre, Pickering SmartCentre and Pickering Market just 5 minutes away. Residents will have access to big name retail stores, dining options and services including dental, medical, optometrists, pharmacy's, banks, travel agencies and fitness centres.
This area is a great place to invest as the City of Pickering will see tremendous growth in the next few years. By the year 2031, we can expect the population to grow by 190,000 people, that’s a 97% growth rate. Currently, Pickering has the second largest job market in the Durham Region which means that it is due for a population influx and the city is preparing for it.
Seaton Community will transform Pickering’s central region by transforming an area with unused land to a thriving new community that is set to bring in 35,000 new jobs. Pickering is also in the works of designing a new regional airport in this area. This airport will take up over 9 acres of land and will create 150,000 new jobs. The Universal City master-planned community is just the starting point of this growth. Savvy investors will want to get their hands on this fourth tower as this development will be sure to sell out fast.
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Universal City 4 Condo Developer
Chestnut Hill Developments is a real estate developer that specializes in building both low-rise and high-rise master planned communities. They believe in building high-quality homes for reasonable prices. Before they acquire land they do extensive market research of the area looking at the proximity of schools, transportation and shopping centres. They believe in asking the right questions and finding the right locations for their clients to live a good, comfortable lifestyle. They are known for putting their customers first and have already made a significant impact in the real estate industry.
Read more about this developer.
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