Immediately to the east of Toronto, Pickering has many benefits for its resident and is viewed by many as a great location for real estate buyers.
Obviously, one of the first benefits of the city is its proximity to Toronto, Markham and other large municipalities in the Greater Toronto Area. Whether you are driving on the 401 or 404ETR, taking a GO train form Pickering station, or riding a bus, you’ll find that journey times are relatively short, especially when compared to commutes form other locations.
You don’t necessarily have to drive anywhere, though, because Pickering is a thriving city with a large number of business, excellent amenities and a beautiful waterfront area. The schools in the area are well regarded, with several elementary and secondary schools generating good reviews and EQAO scores.
One of the main features of Pickering for real estate buyers is the fact that prices tend to be lower than Toronto and other municipalities to the west. In 2019, the average sale price for homes in Pickering was $699,087 – 20.9% less than the average for Toronto. A similar picture appears when looking at new homes for sale in Pickering. There are many new townhome and new detached projects and the entry prices for these can be significantly lower than in Toronto. Similarly, several new condo projects in Pickering are a great option for young first-time buyers, especially with their proximity to the Go train station.
For more details on the current new home developments in Pickering, check out the latest projects below or view all available projects on the map above.