VuPoint Tower 2 by Tribute Communities in Pickering
About the project
Introducing VuPoint Tower 2, the highly anticipated second installment coming soon to this stunning new condominium community comprised of three spectacular towers in the heart of Pickering’s urban centre at Liverpool Rd & Bayly St! Everything you could possibly want and need can be found within minutes from the development including the Pickering Town Centre, Pickering GO Station, Highway 401, Durham Live, Restaurants, Retailers, and so much more all while being minutes from Lake Ontario and Frenchman’s Bay!
REASONS TO BUY*
POPULATION INCREASE & ECONOMICAL OUTLOOK
Pickering is currently home to over 99,000 people which is forecasted to grow to over 168,000 people by the year 2041. At the same time, the number of residential units are anticipated 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.
Pickering is a part 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.
Tribute Communities is a highly reputable developer who possesses more than 35 years of experience and has built over 35,000 homes and condominiums across the GTA!
VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Free Assignment, Leasing & Property Management Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements
Suite Finishes: Smooth Finished Ceilings, Laminate Flooring, Quartz Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: 24/7 Concierge, Fitness Facility, Cardio Room, Weight Room, Yoga/Stretch Studio, Expansive Outdoor Terrace, BBQ’s, Catering Kitchen, Dining Room, Event Lounge, Business Lounge, Board Room, Study Pods, Podcast Studio, Tool Annex
Deposit Structure: $1,000 on Signing // $9,000 in 45 days // Balance to 5% in 365 days // 5% in on June 3, 2024 // 5% on October 5, 2025 // 5% on October 5, 2026 // 1% on Occupancy
Maintenance Fees: Approximately $0.59/per square foot (Hydro, Water, Thermal separately metered)
- Property ID 9361
- Price Starting from $500,000
- Property Type Condos
- Property status All, Move in 2027
- Label Selling Now
- Number of Storeys TBA
- Number Of Units TBA
- Suit Type One Bedroom – Three Bedroom Suites
- Country: Canada
- City / Town: Pickering
- Postal code / ZIP: L1W 1S7
About the Builder
Tribute Communities is a highly-successful real-estate developer and builder that once specialized in low-rise communities. Since 2011 they have delved into the condominium market and never looked back. They attribute their success to having a brilliant group of internal people and external expert professionals who stand behind the Tribute brand. The success of this firm can be seen in its long li ...