1255 Bayly Street Unit 1507, Pickering

Price: $690,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: E13545690

Step Into Lakeside Luxury With Breathtaking Views Of Lake Ontario At 1255 Bayly Street In Pickering's Vibrant Bay Ridges Community.This Beautifully Appointed 2 Bedroom + Den, 2 Bathroom Suite Offers A Bright, Open-Concept Layout Enhanced By Floor-To-Ceiling Windows And An Expansive Wraparound Balcony The Perfect Place To Enjoy Your Morning Coffee Or Unwind With Evening Wine While Taking In Stunning Views Of Lake Ontario.At The Heart Of The Home Is A Stylish Modern Kitchen Featuring A Large Centre Island, Quality Finishes, And Ample Storage. Overlooking The Spacious Living Area, This Functional Design Makes Everyday Living And Entertaining Effortless. The Separate Den Provides Incredible Flexibility As A Home Office, Reading Retreat, Creative Space, Or Guest Area.The Spacious Primary Suite Features A Walk-In Closet And Private Ensuite Bathroom, While The Second Bedroom And Additional Full Bathroom Offer Comfort And Privacy For Family And Visitors.Enjoy A Lifestyle That Feels More Like A Resort Than A Condominium. Residents Have Access To Outstanding Amenities Including An Outdoor Pool, Fully Equipped Fitness Centre, Sauna, Party Room, Outdoor Gathering Areas With BBQ Facilities, And A Beautifully Appointed Lobby.Ideally Located Just Minutes From Pickering GO Station, Highway 401, Frenchman's Bay Marina, Waterfront Trails, Shopping, Restaurants, And Everyday Conveniences, This Exceptional Residence Offers The Perfect Blend Of Luxury, Convenience, And Lakeside Living. Also Walking Distance To Pickering Town Centre, Restaurants, Grocery Shopping, Everything Is Within Walking Distance.Whether You're Looking To Downsize, Purchase Your First Home, Or Invest In One Of Durham Region's Most Desirable Communities, This Is More Than A Condo It's A Lifestyle.

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$690,000 - 1255 Bayly Street Unit 1507, Pickering

Condo for Sale in Pickering

45 days on market

Neighbourhood: Bay Ridges

3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
E13545690
Property Type
Condo
Status
active
Days on Site
45
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Pickering
Locker
None
Exposure
South West
Balcony
Open
Listing Brokerage
ROYAL HERITAGE REALTY LTD.
Description

Step Into Lakeside Luxury With Breathtaking Views Of Lake Ontario At 1255 Bayly Street In Pickering's Vibrant Bay Ridges Community.This Beautifully Appointed 2 Bedroom + Den, 2 Bathroom Suite Offers A Bright, Open-Concept Layout Enhanced By Floor-To-Ceiling Windows And An Expansive Wraparound Balcony The Perfect Place To Enjoy Your Morning Coffee Or Unwind With Evening Wine While Taking In Stunning Views Of Lake Ontario.At The Heart Of The Home Is A Stylish Modern Kitchen Featuring A Large Centre Island, Quality Finishes, And Ample Storage. Overlooking The Spacious Living Area, This Functional Design Makes Everyday Living And Entertaining Effortless. The Separate Den Provides Incredible Flexibility As A Home Office, Reading Retreat, Creative Space, Or Guest Area.The Spacious Primary Suite Features A Walk-In Closet And Private Ensuite Bathroom, While The Second Bedroom And Additional Full Bathroom Offer Comfort And Privacy For Family And Visitors.Enjoy A Lifestyle That Feels More Like A Resort Than A Condominium. Residents Have Access To Outstanding Amenities Including An Outdoor Pool, Fully Equipped Fitness Centre, Sauna, Party Room, Outdoor Gathering Areas With BBQ Facilities, And A Beautifully Appointed Lobby.Ideally Located Just Minutes From Pickering GO Station, Highway 401, Frenchman's Bay Marina, Waterfront Trails, Shopping, Restaurants, And Everyday Conveniences, This Exceptional Residence Offers The Perfect Blend Of Luxury, Convenience, And Lakeside Living. Also Walking Distance To Pickering Town Centre, Restaurants, Grocery Shopping, Everything Is Within Walking Distance.Whether You're Looking To Downsize, Purchase Your First Home, Or Invest In One Of Durham Region's Most Desirable Communities, This Is More Than A Condo It's A Lifestyle.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,540.06/mo

Includes CMHC insurance ($19,251)

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5-yr fixed avg.

Principal: $621,000Interest: $421,766
Mortgage Amount$640,251
Total Interest$421,766
Est. Property Tax$489/mo
Total Cost$1,062,017

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Bay Ridges

Discover Bay Ridges

Bay Ridges is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Bay Ridges

  • Convenient location in Pickering
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Bay Ridges offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1255 Bayly Street Unit 1507, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$489
Insurance (est.)-$144
Net Cash Flow+$1,462

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $767/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 45 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Bay Ridges

I know Bay Ridges well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1255 Bayly Street Unit 1507, Pickering | $690,000 | Battaglia Team