$2,600,000

For sale

1275 Wharf Street, Pickering (Bay Ridges) - Single Family for Sale

1275 Wharf Street, Pickering (Bay Ridges), Ontario, L1W1A2

4 beds3 baths7 parking2,750 ft²78 × 90 ft (7,020 sq ft) lot sizeListed 34 days ago

Overview

This 4-bedroom, 3-bathroom home in Pickering is for sale offering roughly 2,750 sq ft of space. It has been on the market 34 days, fresher than the Pickering average of 77 days.

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Description

An impressive 90 feet of private shoreline on Frenchman's Bay! This amazing property offers true direct and sheltered waterfront access a rarity anywhere in the GTA. Complete with 4-bedrooms and three full baths, this custom home offers a unique layout with breathtaking views from the second-story kitchen and living room, where expansive windows open onto a spacious wraparound veranda. Nestled in the heart of Frenchman's Bay Nautical Village, you're steps from the beach, scenic trails, marinas, and restaurants in a vibrant, southern-inspired community. This property offers an exceptional waterfront lifestyle. Paddleboarding, sailing, and kitesurfing in the summer or skating and ice fishing just steps from home in the winter. No matter what season, the views are always exceptional. The property also features a rebuilt seawall and private dock above all previous flood levels with capacity for multiple vessels with direct access to Lake Ontario. Lovingly maintained by its original owners, this timeless home is ready for its next chapter of sunsets, waterfront beauty, and year-round recreation. (id:66096)

Property Details

MLS®: E13849130
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Parking: 7
Interior Size: 2,750 ft²
Lot Size: 78 × 90 ft (7,020 sq ft)
Frontage: 78 ft
Storeys: 2
Basement: None
Heating: Radiant heat, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax

Rooms

Second level

Kitchen: 2.83 x 5.77 meters
Dining room: 3.73 x 2.99 meters
Family room: 7.96 x 7.02 meters
Primary Bedroom: 4.16 x 4.46 meters
Bedroom 2: 3.34 x 4.49 meters
Bedroom 3: 3.34 x 4.49 meters

Main level

Living room: 5.58 x 7.01 meters
Bedroom 4: 4.82 x 4.33 meters
Sunroom: 4.23 x 2.98 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Water meter, Central Vacuum, Range, Garburator, Oven - Built-In, Garage door opener remote(s), Water Heater
Flooring: Hardwood
Foundation: Poured Concrete
Exterior: Wood
Lot Features: Irregular lot size

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Pickering (Bay Ridges) listings, avg age

77d

Price / ft²

$945

List price

$2.60M

Homes here sell faster than most markets

Sold homes in this market spent an average of 30 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 4-bed single family in Pickering (Bay Ridges) has been listed for 34 days, which is 43 days fresher than the city average of 77. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · CHRIS COOK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1W)

This home lists at $2,600,000, about 24.5× the local median household income of $106,000.

Carrying it typically needs a household income of about $507,871 (20% down, 25-yr amortization, stress-tested) — roughly 379% above the area median.

Median household income: $106,000
Population: 18,433
Median age: 42.8
Owner / renter: 81% / 19%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L1W)

$2,600,000· $945/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $520,000

Min 20%50%

Mortgage payment$11,088/mo

Property tax (est.)$785/mo

Total monthly$11,873

Cash Needed to Close

Down payment (20%)$520,000

Land transfer tax$51,475

Est. closing costs$10,300

Total cash needed$581,775

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