The Grand at Universal City

Reasons to Buy*

POPULATION INCREASE & ECONOMICAL OUTLOOK
Pickering is home to over 99,000 people and is forecasted to grow to over 168,000 people by the year 2041. At the same time, the number of residential units is projected to nearly double from over 33,000 to approximately 65,000 units. It is also estimated that Pickering will increase employment by adding over 35,000 jobs in the same time period. The rise in population along with more employment opportunities in the upcoming years will make Pickering an even more desirable city to reside in all while increasing the demand for housing.

CONNECTIVITY & EDUCATION
The city is serviced by Highways 401, 407, GO Transit, the CN Rail, CP Rail and Durham Rapid Transit – connecting you to everywhere you need to go with ease. You are also about 30 minutes from Pearson International Airport which is Canada’s largest international airport. Pickering is also close to 5 Universities and 6 Colleges including the University of Toronto, the University of Ontario Institute of Technology, Durham College and more.

HOUSING NEEDS
Pickering is apart of Durham Region which has been experiencing tremendous growth. It is estimated that the region will need over 89,000 new homes by 2031, but will only be able to deliver an estimated 65,000 leaving a shortage of over 24,000 homes. This will lead to increased demand which will put upwards pressure on real estate values and rent prices.

REPUTABLE DEVELOPER
For over 40 years (since 1981) Chestnut Hill Developments has been building award-winning communities across the GTA!

Quick Facts*

Developer: Chestnut Hill Developments
Address: Durham Regional Rd 22, Pickering
Nearest Intersection: Brock Rd & Bayly St
Pricing: Starting From The $600s
Occupancy: November 2027
Storeys/Suites: 37-Storeys / 482 Suites
Suite Types: One Bedroom + Den – Three Bedroom Suites
Suite Sizes: 502 sq ft – 1,026 sq ft
Maintenance Fees: $0.67/sq ft (Water & electricity separately metered)
Deposit Structure: $5,000 on Signing // 2.5% Minus $5,000 in 30 Days // 2.5% December 1st, 2023 // 2.5% March 1st, 2024 // 2.5% July 1st, 2024 // 2.5% July 1st, 2025 // 2.5% July 1st, 2026 // 5% November 1st, 2027 // $1,000 on Occupancy
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies ($4,000 for 1 Bed & 1 Bed+Den // $6,000 for 2 Bed & Larger), Zero Dollars Assignment Fee (Legal Administrative Fees Apply – Value $5,000), Free Lawyer Review of Your Purchase Agreement, Leasing & Property Management Services Available, Free Mortgage Arrangements, Price Discount ($2,000 off 1 Bed+Den (540 Sq Ft or Under) // $5,000 off 1 Bed+Den (540 Sq Ft or Over) // $10,000 off 2Bed // $15,000 off 2 Bed+Den & 3 Bed), 2 Years of Property Tax Covered (Amount Equivalent to Estimated Property Tax), 2 Years Free Maintenance Fees (For unit only, excluding parking and locker – Monthly Maintenance Fee per month for 2 years), 2 Year Mortgage Buster ($1,250 for 2 Bed, 2 Bed + Den, and 3 Bed) Paid per month for 2 years
Suite Finishes: Laminate Flooring, Stone Kitchen Counters, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: Lobby, Zoom Room, Meeting Room, Golf Simulator, Management Office, Kids Playroom, Fitness Centre, Spin Studio, Studio, Pet Spa, Co-Work Lounge, Party Room & Dining, Outdoor Dining, BBQ, Outdoor Lounge, Outdoor Pool, Treatment Room, Yoga/Pilates Studio, Sauna, Editing Suite, TikTok/ Karaoke Studio, Game Room, Outdoor Terrace