1515 Pickering Parkway
1515 Pickering Parkway
1515 Pickering Parkway
GENERAL
Market Stats
100

What is the intersection for 1515 Pickering Parkway


Glenanna Rd. & Pickering Pkwy, Pickering.

100

What is the rental guarantee for junior 2 bedroom units?

$2850

100

What is the marketing brokerage for 1515?

RDS

100

What is expected population growth by 2031 in Pickering?

200,000


100

What is the current bank rate 

3.25+0.25 = 3.50

200

No. of storeys and no. of suites

40 storeys, 571 suites

200

What are the maintenance fees and what is included in the maintenance charges?

$0.69 / sq ft 

Common elements and 24hrs conceirge

200

What is the signing amount for 1515 and what ID do you need to book a unit?

$5000 

Driver's license 

200

What is the vacancy rate in Pickering?

less than 1%

200

What is the number of condo units sold from January - December'2024

>4000 units

300

Lawyer and Trust details for 1515 Pickering Parkway


Dickinson Wright LLP in Trust

300

What is the price for parking and which units qualify for parking?

$65,000

1 bedroom +den and larger units

300

What is the actual value of the assignment clause?

$5000 which is discounted to $0

300

Household income in Pickering?

$118,000

300

When is the next announcement for the interest rates by BOC?

The next interest rate announcement is on October 23, 2024

400

What are the development charges for 1B+D and 2B+D?

$10,500 + $1500

$13,500 + $1500

400

What is the interest rate for interim occupancy capped at for Square Yards clients?

4%

400

How many stops and kms will the BRT run?


What is the anticipated start date for the BRT?

49 stops and 36kms starting from ellesmere road connecting to downtown oshawa.

Early 2025

400

Average annual rent growth 2018-2023 and whats the appreciation since 2020?


6% and 31%



400

Home price change in GTA Dec'23 - Dec'24

-1.60%

500

Name the 4 Sevoy team members along with their positions 

Dov Seidenfeld - CEO and President 

Jane Renwick - Executive Vice President

Geoff Smith - Vice President of Construction

Mark O'Duffy - Vice President of Finance & Investments

500

Name 5 incentives exclusively available with Square Yards?

1. Vendor's portal fee - 0

2. Lawyer's potal fee - 0

3. Meter installation cost capped at $2000

4.Cost of each from 4 - capped at $1000

5.DC's -$10,500 & $13,500

6. PDI fees - 0

7. Discharge of mortgage - 0

8. Fee of each T5 form - capped at 350

9. Discounted studio units 

10. Park and levies - $1500

500

What is the monthly deposit structure for 1Bedroom+Den units?

1+D units - $20,000 on signing, $20,000 in 30 days then $2000 per mth to the balance of 15%, last 5% on occupancy.

500

Name 3 Urban growth centres

Downtown Mississauga

Downtown Vaughan

Downtown Pickering

500

What is the home ownership rate in Canada

69.30%