Universal City Condos 3

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Project Overview

Universal City Phase 3 apartment is a luxury apartment project launched by the well-known developer Chestnut-Hill Development. It is located near the junction of Bayly St. and Liverpool St. in Pickering, Greater Toronto Area. It belongs to the Bay Ridges community and is next to Pickering GO Train Station. Minutes to enter Highway 401.

The Universal City Phase 3 apartment is expected to be 30 floors high, with a total of 357 units launched. The unit types include one, two and three bedrooms with approximately 511 -1000 square feet, which can fully meet the living needs of various families.

The apartment is currently in the planning stage. Please contact us as soon as possible to give priority to choosing floors and apartment types for discount information.

Investment reasons

1. Housing prices are hundreds of thousands lower than Toronto, with complete supporting services and facilities, which are widely welcomed by the public.
Compared with the same type of apartment in downtown Toronto, the price of an apartment in Pickering is at least several hundred thousand yuan lower, which is easily accepted by the public. Universal City Phase 3 apartment is close to schools, parks, shopping malls and entertainment centers. Among them, Pickering Center is the largest shopping center in the area, with more than 200 large and small brand shops in it, which can be reached in only 3 minutes by car. The apartment is adjacent to the Durham Live Development, which is about to be completed with an investment of 1.3 billion US dollars, and contains casinos, retail stores and water parks. From the apartment to Frenchmen's Bay Marina Yacht Club and Beachfront Park only a few minutes.

2. Convenient transportation, close to Picering GO Train station and highway entrance.
There are many local bus lines to choose from in front of the Universal City Phase 3 apartment. It is next to the Pickering GO Train station. Residents can reach the Union station in downtown Toronto in only 40 minutes. In addition, a few minutes’ drive from the apartment can take you to Highway 401, and you can reach the downtown Toronto office area in about 40 minutes. According to the plan, the city will also build a new airport and put it into operation before 2027.

3. Pickering is listed as the "Urban Development Center" by Ontario, and the real estate market has great investment potential.
Pickering is located east of Scarborough, adjacent to Lake Ontario. Although the city is not large, it is well planned, including industrial areas, commercial areas, residential areas, etc. The city center and lakeside areas are particularly vibrant with pleasant scenery. And Pickering is the core city of Durham Region and is listed as the "Urban Development Center" by Ontario. The real estate market has great investment potential, and there is a lot of room for house prices and rents to rise.

4. Good rental prospects, considerable cash flow and high investment value.
According to Ontario's strategic development plan and Pickering's municipal plan, Pickering will become a major hub for employment and population growth in the next 20 years. I believe that after the completion of the apartment, there will be huge rental demand, and there will be a lot of room for rent and property prices in the future. Therefore, buying a Universal City Phase III apartment is a good investment choice.

VIP Exclusive Offer
1. A direct reduction of $4,000 for units below two bedrooms, and a direct reduction of $6,000 for units with two bedrooms and above.

2. The discounted price of the apartment with balcony/terrace: from $420,900 for one-bedroom units (560-568 square feet), from $431,900 for one-bedroom units (589-693 square feet), and from $431,900 for two-bedroom units (710- 890 square feet) from $506,900, two-bedroom plus one study unit (861-944 square feet) from $612,900, three-bedroom unit (990-1026 square feet) from $704,900, three-bedroom plus one study unit (1107 Square feet) $ from 780,900.
3. The discounted prices for the rest of the units: one-bedroom units (516-568 square feet) starting from $383,900, one-bedroom plus one study units (578-693 square feet) starting from $423,900, two-bedroom units (681-891 square feet) ) From $493,900, two-bedroom plus one study unit (861-946 square feet) from $570,900, and three-bedroom unit (1026 square feet) from $691,900.
4. The parking space is sold for $45,000 (only for units with more than one bedroom), and Locker sells $5,500 or $7,500.
5. The developer is allowed to transfer the uncompleted property for free (market value of $5,000), and only charges $750 for attorney fees; the developer is allowed to rent after the house is acquired.
6. The development fee is capped, $6,000 for two-bedroom units and $8,000 for two-bedroom units and above.
7. Easy deposit payment plan: $3,000 at the time of contract, 30 days to make up the remaining part of the price of 5%, 3% within 90 days, 3% within 180 days, 3% within 365 days, 5% within 720 days, and 1% at closing.
8. Deposit payment plan for overseas buyers: $5,000 when signing the contract, 30 days to make up the remaining part of the price of 5%, 10% within 90 days, 10% within 180 days, 5% within 365 days, and 5% at closing.

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Developer Information

Chestnut Hill Developments is a strong real estate development company that has developed many real estate projects in the Greater Toronto Area, including large-scale overall planning communities, mid-to-high-rise luxury apartments or single-house community projects. Following the successful development of the San Francisco by the Bay project in the Picering area, Chestnut Hill Developments has set out to build a large-scale community in Universal City. The first two phases have created a good sales record of being sold out within a week. I believe that the third phase will be able to Will create another success.

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