1480 Bayly Street Unit 1212, Pickering

Price: $548,800

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: E13624552

Experience Elevated Waterfront Living at Universal City in Pickering! Welcome to this never-lived-in, luxury 2-bedroom + den residence offering approximately 950 sq.ft. of thoughtfully designed living space in Universal City, Pickering's prestigious Gold Standard Award-Winning development. Hands down the most sought after 2 + floor plan offered in the tower. Showcasing breathtaking unobstructed south-facing lake views, this stunning suite is flooded with natural light and features an exceptional open-concept layout ideal for both everyday living and entertaining. The modern designer kitchen is complemented by premium finishes, while the spacious living and dining areas seamlessly extend to two balconies, creating the perfect indoor-outdoor lifestyle. Loaded with upgrades throughout, this exceptional home features smooth finish ceilings, premium flooring, contemporary fixtures, and elegant finishes that elevate every room. The versatile den offers the perfect space for a home office, media room, or guest retreat. Complete with one parking space and one locker, this residence offers both convenience and functionality. Ideally situated just steps from the Pickering GO Station, Pickering Town Centre, waterfront trails, Frenchman's Bay Marina, restaurants, shops, and Highway 401, this is an outstanding opportunity to own a sophisticated lakeside home in one of Durham Region's most sought-after developments. Luxury. Location. Lifestyle. Welcome Home!

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New Listing
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$548,800 - 1480 Bayly Street Unit 1212, Pickering

Condo for Sale in Pickering

New — Listed 4 days ago

Neighbourhood: Bay Ridges

3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
E13624552
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Pickering
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Experience Elevated Waterfront Living at Universal City in Pickering! Welcome to this never-lived-in, luxury 2-bedroom + den residence offering approximately 950 sq.ft. of thoughtfully designed living space in Universal City, Pickering's prestigious Gold Standard Award-Winning development. Hands down the most sought after 2 + floor plan offered in the tower. Showcasing breathtaking unobstructed south-facing lake views, this stunning suite is flooded with natural light and features an exceptional open-concept layout ideal for both everyday living and entertaining. The modern designer kitchen is complemented by premium finishes, while the spacious living and dining areas seamlessly extend to two balconies, creating the perfect indoor-outdoor lifestyle. Loaded with upgrades throughout, this exceptional home features smooth finish ceilings, premium flooring, contemporary fixtures, and elegant finishes that elevate every room. The versatile den offers the perfect space for a home office, media room, or guest retreat. Complete with one parking space and one locker, this residence offers both convenience and functionality. Ideally situated just steps from the Pickering GO Station, Pickering Town Centre, waterfront trails, Frenchman's Bay Marina, restaurants, shops, and Highway 401, this is an outstanding opportunity to own a sophisticated lakeside home in one of Durham Region's most sought-after developments. Luxury. Location. Lifestyle. Welcome Home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,815.63/mo

Includes CMHC insurance ($15,312)

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5-yr fixed avg.

Principal: $493,920Interest: $335,457
Mortgage Amount$509,232
Total Interest$335,457
Est. Property Tax$389/mo
Total Cost$844,689

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

1480 Bayly Street Unit 1212, 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)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$389
Insurance (est.)-$114
Net Cash Flow+$1,592

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 $610/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Pickering's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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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    1480 Bayly Street Unit 1212, Pickering | $548,800 | Battaglia Team