The History of Pickering can be traced back to 1825. The area of Pickering used to be heavily wooded with lots of land. Agriculture played an important part in the city’s development before the urbanization of the area. As a city in the close proximity of Toronto as the industrialization of the city happened , the population of Pickering began to rise as residential neighbourhoods exploded. When the peripheral cities in the GTA began to expand, Pickering saw major growth in the economy and population. The installation of the Pickering Nuclear Power Plant saw great growth in interest in the city for job opportunity and lifestyle. Today, the city is a cultural hub representing the diversity in the community.
The population of Pickering has experienced steady and gradual growth over the years. The current estimated population is around 105,000, with an annual growth rate of 1.9%. This reflects a high desirability to live in the area. The city’s development and population expansion have been aided by its proximity to Toronto and favourable location along the lake. Pickering is a desirable place to live and work because it offers a variety of residential neighbourhoods, commercial districts, and natural landscapes.
Pickering’s population is anticipated to grow even further, boosting the identity of the city and the economy. The average price of a house in Pickering is around $1,000,000 with the median annual household income being $118,000. A mortgage broker in Pickering can help tailor the search for your property and find the best rates.
In Pickering, we provide a range of services that can assist with your search. One of our best tools for assisting buyers in understanding the market is our mortgage calculator for Pickering. We offer the ideal program for any situation thanks to our 10 distinct mortgage calculators. All of your needs can be satisfied at Cashin Mortgages thanks to our personal loans, private Home Equity Line Of Credit, Reverse Mortgages, and best mortgage rates options.
Call us to speak to a mortgage agent at Best Mortgage Broker in Pickering 416-655-CASH (2274)