Pickering’s Housing Market
If you’re driving on Highway 401 and passing through Durham Region, keep your eyes peeled for Pickering. Pickering, with a population of around 90,000, ensures its residents strike the perfect balance between living, working, and playing.
Pickering is 40 km east of downtown Toronto and a quick 30-minute commute away via GO Transit, making it perfect for commuters. In addition to having all of the amenities of a much larger city, the fast-growing community also has Lake Ontario as its front yard and open farmland north of the city.
Recent infrastructure projects ensure the region will continue to grow. Currently, Highway 407 ends northeast of Pickering; it will eventually run all the way to Highway 35/115 in Clarington. This will provide the area with more efficient access to the Greater Toronto Area and burgeoning communities. It also ensures a healthy real estate market. Because of Pickering’s close proximity to downtown Toronto, it benefits from the strong housing market in the Greater Toronto Area.
The price of a semi-detached home is reasonable at $684,400; for a condo/townhouse, you can expect to pay around $440,000. The price of a condo apartment averages $417,424, while the average price of an attached row house is $616,525.
Durham Region and Pickering continue to be excellent places to buy a property, offering some of the best real estate value in the GTA.
Finding the Best Mortgage Rates in Pickering
If you live in Pickering or are house hunting in the area and are looking for the best mortgage rates and terms, visit Canadalend.com.
Why? The big banks will only try to sell you their own financial products, even if they’re not in your best interest.
Unlike traditional lenders, private mortgage lenders like the ones Canadalend.com works with are independent. That means they’re looking out for your best interests. With a bank, you’re stuck with just one lender, but Canadalend.com has access to hundreds of different lenders. This ensures you’ll find a mortgage that suits both your financial and lifestyle needs.
The independent, licensed mortgage professionals at Canadalend.com will also make sure you’re aware of all your money-saving options. In addition to helping you secure a mortgage with the lowest interest rate, Canadalend.com will also help you select the best amortization period, choose between a fixed or variable mortgage and open versus closed mortgage, and decide if you want an accelerated repayment program.
Here’s What Canadalend.com Offers
Canadalend.com provides you with options and personal attention. Over the last number of years, Ottawa has implemented stricter lending rules.
It wasn’t that long ago that you could have purchased a home in Pickering with no money down and a mortgage with an amortization period of 40 years. Today, amortization periods have been cut to a maximum of 25 years and the minimum down payment for new government-backed mortgages has been raised to five percent.
Canadians from almost every walk of life are feeling their effects. If you’re self-employed, have declared bankruptcy, have unreliable income, are new to Canada, or are a non-resident, it is a lot more difficult to secure a mortgage now than it was 10 years ago.
That’s what makes Canadalend.com so different. We are not bound by the same lending rules as Canada’s big financial institutions. We have a lot more flexibility when it comes to helping you find the mortgage or other financial products you need.
Canadalend.com’s Financial Services
- Mortgages for first-time home buyers
- Second mortgages in Pickering
- Residential mortgages in Pickering
- Mortgage refinancing in Pickering
- Commercial mortgage for businesses in Pickering
- Home equity line of credit (HELOC)
- Mortgages and tax arrears in Pickering
- Debt consolidation for bad credit in Pickering
- Home equity loans in Pickering
- Mortgages for those in Pickering with bad credit
This Is Why You Should Choose Canadalend.com!
If you’re house hunting in Pickering, if you already own a property and want to open a home equity line of credit (HELOC), if you want to refinance, if you want to get a second or third mortgage, if you want to consolidate debt, if you want to secure a commercial and industrial mortgage, or if you have been turned down by the big banks for any reason, call a licensed mortgage professional at Canadalend.com.
Because the agents at Canadalend.com are independent, they have access to hundreds of different lenders. That means there are lenders who specialize in helping those who are self-employed, have bruised credit, have unreliable income, etc. find a residential mortgage or other financial product.
To see what kind of mortgage or loan you qualify for, contact Canadalend.com today or apply online and a Canadalend.com mortgage specialist will set up an appointment for a free personal consultation at your earliest convenience.