Published 2 November 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Pickering City Centre is CentreCourt’s 55-acre plan on the Pickering Town Centre lands. The first two towers, 45 and 40 storeys with 974 units, broke ground in October 2025, and no move-in date was published by November 2026. Launch pricing was about $1,050 per sq ft, well above Pickering’s 2026 resale median of $470,000.
This guide is for buyers, assignment shoppers and future renters looking at Pickering City Centre, the condo towers rising on the Pickering Town Centre lands. Nobody lives there yet, so you will get what is confirmed, what is not, how pre-construction prices compare with today’s Pickering resale market, and what to check before you sign anything in 2027.
Where is Pickering City Centre and what is nearby?
Pickering City Centre is a 55-acre master-planned community on and around the Pickering Town Centre mall at 1355 Kingston Road, near Liverpool Road. The City of Pickering describes the first block of construction, two condo towers, as being on the mall lands on Glenanna Road, north of Pickering Parkway.
The location is the selling point. Pickering City Hall is across Glenanna Road, and CentreCourt has conveyed land to the city for a new City Centre Park on the west side of Glenanna, which the city says will have winter skating, summer water features and year-round programming. To the south, a pedestrian bridge over Highway 401 connects the site to Pickering GO station. Few condo sites in Durham put shopping, civic services, a park and a train station this close together.
Who is building Pickering City Centre and when will it be finished?
CentreCourt is the developer, with Diamond Schmitt as architect. When sales launched in September 2023, UrbanToronto reported that Tower 1 was 95% sold and that the first block was planned as four towers of 40 to 55 storeys with about 2,200 units. The full plan calls for more than 10 towers and about 6,000 homes.
CentreCourt broke ground on the first two towers in October 2025. RENX reported them at 45 and 40 storeys, with 974 units combined. The City of Pickering lists Block 1 construction as starting in September 2025 and running for the project’s duration, with shoring, excavation, crane installation and vertical construction. RENX also reported that a third and fourth tower are planned at 50 and 55 storeys, and that they could become purpose-built rentals, with no decision made yet.
I could not find a published occupancy date. If you buy, your agreement’s Tarion Statement of Critical Dates is the document that matters, not a sales brochure.
What suite types and sizes are at Pickering City Centre?
RENX reported a mix of one-bedroom, one-bedroom-plus-den, two-bedroom and two-bedroom-plus-den suites in the first two towers. Exact sizes and remaining inventory come from the builder’s floor plans and price list, which change as suites sell. Ask for the floor plan, the interior area, and whether a parking space and locker are included or extra.
What amenities will Pickering City Centre have?
According to RENX, the first two towers will share about 20,000 sq ft of fitness and wellness space, a rooftop swimming pool and retail at grade. Each tower is also set to have a Cleveland Clinic virtual medical clinic, where residents can connect with a clinician for a diagnosis, referral or prescription. UrbanToronto’s 2023 launch report also listed co-working space and a golf simulator.
The mall, City Hall, the new park and the GO station are the real amenities. Ask which spaces will be shared between towers and how their costs will be split.
What will maintenance fees be at Pickering City Centre?
No real fee history exists yet. In a new Ontario condo, the builder sets the first-year budget in the disclosure statement, and fees often change once owners take over and the first reserve fund study is done. A large rooftop pool and a 20,000 sq ft wellness space cost money to run, so do not assume the first-year figure will hold.
Ask for the disclosure statement’s budget, the fee per square foot, and what utilities are included or metered separately. My post on interim occupancy in Ontario explains the extra monthly charge you pay between moving in and final closing.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
How do Pickering City Centre prices compare with Pickering resale condos?
This is the most important number for a 2027 buyer. UrbanToronto reported launch pricing in 2023 at about $1,050 per sq ft. Pickering’s resale condo market has dropped since then. The table below uses city-wide resale figures; they are not City Centre prices.
| Measure | Figure |
|---|---|
| Pickering condo apartment median, Jan–Oct 2024 | $569,450 |
| Pickering condo apartment median, Jan–Oct 2025 | $544,250 |
| Pickering condo apartment median, Jan–Oct 2026 | $470,000 (down 13.6%) |
| Pickering condo apartment sales, Jan–Oct 2026 | 117 (down 28.7%) |
| Pickering benchmark condo apartment price, October 2026 | $472,100 (down 4.55% year over year) |
| Example: 600 sq ft at the 2023 launch average of $1,050 per sq ft | $630,000 (my arithmetic) |
| Average one-bedroom rent in Pickering, Q2 2026 | $1,946 |
| Average two-bedroom rent in Pickering, Q2 2026 | $2,574 |
Source: TRREB MLS data via REALM, January–October 2026 vs the same period of 2025 (City of Pickering); TRREB Market Watch, October 2026; TRREB Rental Market Report, Q2 2026; UrbanToronto, September 2023 (launch price per sq ft). The example row is simple multiplication, not a quoted price.
When a pre-construction price is well above today’s resale values, the lender’s appraisal at final closing may come in below what you agreed to pay. If it does, you cover the gap in cash. Ask your mortgage broker to run your numbers using today’s resale values, not the purchase price, and read my post on the appraisal gap at final closing.
For the wider market view, see my Pickering and Ajax housing market 2027 outlook.
How will you get to Toronto from Pickering City Centre?
RENX reported that the community will be directly integrated with Pickering City Hall and Pickering GO station, and insauga noted the direct link to the station by pedestrian bridge at the south edge of the site. Pickering GO is on the Lakeshore East line to Union Station. Highway 401 runs right beside the site.
A walk across the bridge to the train is a real advantage over most Durham condos, which need a bus or a car to reach a GO station. Check GO’s current timetable for your hours, since train frequency can change before the towers open.
What happens if occupancy at Pickering City Centre is delayed?
Delays are common in large projects. Tarion’s condominium delayed occupancy warranty requires the builder to set key dates in the Statement of Critical Dates, including an outside occupancy date after which you may be able to end the deal. If occupancy slips past the Firm Occupancy Date, other than by written agreement or an unavoidable delay as Tarion defines it, the bulletin says the builder must pay compensation of up to $7,500 in total. That includes $150 a day for living expenses plus other receipted costs caused by the delay.
Read the addendum with your lawyer and diarize every date. My guide to builder delays and cancelled projects in Ontario walks through what to do.
What are the pros and cons of buying at Pickering City Centre?
Pros
- Bridge to the GO. A covered walk to Pickering GO station.
- Downtown at the door. Mall, City Hall and a new park around you.
- Big amenity plan. Rooftop pool, large wellness space and a virtual clinic.
- Construction is underway. The first two towers broke ground in 2025.
Cons
- No move-in date published. You wait, and your plans must allow for delays.
- Launch prices above today’s resale market. That raises appraisal risk at closing.
- Years of construction. More towers and roadwork will follow the first two.
- Unknown fees. The first budget is a builder estimate.
Should you buy, take an assignment or rent at Pickering City Centre in 2027?
You cannot rent here in 2027; the towers are still being built. If you like the location, rent nearby and watch the project. Pickering condo rents and recent leases at buildings near the GO are a good guide to what a City Centre suite might lease for later.
If you buy from the builder, Ontario’s enhanced new housing rebate can cover the 8% provincial part of the HST, up to $80,000, on a home up to $1 million, for agreements signed between 1 April 2026 and 31 March 2027 where the home will be your primary residence. If you take an assignment of an agreement first signed before 1 April 2026, CRA says the rebate is not available. My assignment sales guide covers the costs on both sides.
Pickering City Centre has one of the strongest locations in Durham: a mall, City Hall and a covered walk to the GO. My concern is price, not place. With the city’s condo median near $470,000, I would only buy here if you plan to live in the suite for many years and can carry a possible appraisal gap. Assignment sellers who bought at launch may be flexible in 2027, so compare any assignment price with resale values first, and never sign before your lawyer reviews the agreement and the critical dates.
What to do next
- Ask the builder or assignment seller for the agreement, the Statement of Critical Dates and the disclosure statement.
- Have your mortgage broker test your closing using today’s Pickering resale values.
- Have a lawyer confirm whether the HST rebate applies to your exact deal.
- Compare with move-in-ready condos near Pickering GO before you commit.
- Read my top 5 condos to buy in Pickering and Ajax for resale alternatives.
Need help with this? Talk to me.
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty, and I’m the best agent to do this kind of work for you in Toronto and across the GTA. Over $100 million in GTA sales and 100+ families helped sell. Feel free to contact me any time: call or text 833-330-1925 or email [email protected].
Frequently asked questions
Who is the developer of Pickering City Centre condos?
CentreCourt is the developer of Pickering City Centre, a 55-acre master-planned community on the Pickering Town Centre lands at 1355 Kingston Road. Diamond Schmitt is the architect. The full plan calls for more than 10 towers and about 6,000 homes, with the first two towers under construction as of November 2026.
When will Pickering City Centre condos be completed?
No completion date for Pickering City Centre was published in the sources I checked in November 2026. CentreCourt broke ground on the first two towers in October 2025, and the City of Pickering lists Block 1 construction from September 2025 onward. A buyer’s Tarion Statement of Critical Dates sets the dates that legally matter.
How tall are the Pickering City Centre towers?
The first two Pickering City Centre towers are 45 and 40 storeys with 974 units combined, RENX reported in October 2025. A third and fourth tower are planned at 50 and 55 storeys. The 55-storey tower is set to be the tallest building in Pickering when built.
Is Pickering City Centre connected to Pickering GO station?
Yes, Pickering City Centre is planned with a direct connection to Pickering GO station through the existing pedestrian bridge over Highway 401 at the south edge of the site, insauga and RENX reported in 2025. Pickering GO is on the Lakeshore East line to Union Station in Toronto.
What was the price per square foot at Pickering City Centre?
Pickering City Centre launched in 2023 at about $1,050 per sq ft, UrbanToronto reported. By comparison, the median Pickering condo apartment resale price was $470,000 from January to October 2026, per TRREB MLS data via REALM. That gap is why buyers should plan for possible appraisal shortfalls at closing.
Will Pickering City Centre condos have a pool?
Yes, a rooftop pool is planned. Pickering City Centre’s first two towers are set to share about 20,000 sq ft of fitness and wellness space, a rooftop pool and ground-floor retail, RENX reported in 2025. Each tower is also planned to have a Cleveland Clinic virtual medical clinic. A new City Centre Park is planned across from Pickering City Hall.
Can I get the Ontario HST rebate on a Pickering City Centre assignment?
Usually not. CRA’s Notice 346 says Ontario’s enhanced new housing rebate needs an agreement signed between 1 April 2026 and 31 March 2027, and an assignment of an agreement first signed before 1 April 2026 does not qualify. Pickering City Centre launched in 2023, so many original agreements predate the window. Confirm with a lawyer.
What happens if my Pickering pre-construction condo is delayed?
Your builder must follow the dates in the Tarion Statement of Critical Dates in your agreement. If occupancy slips past the Firm Occupancy Date, other than by written agreement or an unavoidable delay, Tarion says compensation can reach $7,500, including $150 a day for living expenses. An outside occupancy date may let you end the deal.
Can I rent at Pickering City Centre in 2027?
No, you cannot rent at Pickering City Centre in 2027 because the first towers are still under construction. For context, the average one-bedroom condo in Pickering leased for $1,946 a month and the average two-bedroom for $2,574 in Q2 2026, according to TRREB’s Rental Market Report.
Sources
- City Centre Vision — City of Pickering
- CentreCourt breaks ground, construction begins on Pickering City Centre condos — RENX
- Pickering City Centre Tower 1 nearly sold out, Tower 2 set to launch — UrbanToronto
- Ontario city breaks ground on ‘transformative’ downtown project — insauga
- Registrar Bulletin 06C, Condominium Delayed Occupancy Warranty — Tarion
- Notice 346, Ontario enhanced new housing rebate — Canada Revenue Agency
- Market Watch, October 2026 — TRREB
- Rental Market Report, Q2 2026 — TRREB
Related reading
- Living at Exchange District Condos, Mississauga: 2027 Buyer and Renter Guide
- Living at Pinnacle Uptown, Mississauga: 2027 Buyer and Renter Guide
- Living at The Grand Residences at Parkside Village, Mississauga: 2027 Buyer and Renter Guide
- Living at The Condominiums at Square One District, Mississauga: 2027 Buyer and Renter Guide
About the author — Jatin Dua, Toronto and GTA real estate broker
I am Jatin Dua, Broker of Record and co-founder of RE/MAX Quantum Realty Inc., Brokerage, Unit 101, 799 The Queensway, Toronto. I work with buyers and sellers across Toronto and the GTA and have helped more than 100 families sell. Four-plus years of active GTA transactions and over $100 million in sales volume.
Reach me at [email protected] or 833-330-1925, or book a call.