$495,000

For sale

#1206 1255 Bayly Street, Pickering (Bay Ridges) - Single Family for Sale

#1206 1255 Bayly Street, Pickering (Bay Ridges), Ontario, L1W0B6

2 beds1 bath1 parking750 ft²$516/mo condo feeListed 8 days ago

Overview

This 2-bedroom, 1-bathroom condo in Pickering is for sale offering roughly 750 sq ft of space. Its $495,000 asking price sits right in line with the $475,000 median in Pickering. It has been on the market 8 days, fresher than the Pickering average of 78 days.

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Description

Welcome To The Best of Everyday Luxury Living At San Francisco By The Bay. This Warm And Spacious 700 Sq Ft 1 Bedroom + Den Suite Has Incredible Panoramic Southern Views Of Lake Ontario, Douglas Ravine And Frenchman's Bay. The Bright and Open Plan With Walkout To A Large And Private Balcony Allows For Easy Indoor/Outdoor Entertaining. Sunny Primary Bedroom With Walk-In Closet and A Private Separate Den. Located In The Highly Desirable Bay Ridges Lakeside Community Where Everyday Convenience Is Perfectly Balanced With Everything This Vibrant Neighbourhood Has To Offer.1 Parking and 1 Locker. Concierge, Fitness Centre, Party Room, Outdoor Lounge with BBQ's, Outdoor Pool, Guest Suite.Walk to Waterfront Community Shops and Restaurants, Walking Trails, Marina and Millennium Square. Minutes to Shopping, Amenities, Pickering Town Centre, Pickering GO and The 401. (id:66096)

Property Details

MLS®: E14121482
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $516/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,118.85/yr
Listed: 8 days ago

Rooms

Flat

Living room: 3.81 x 3.18 meters
Dining room: 3.84 x 3.81 meters
Bedroom: 3.73 x 3.05 meters
Den: 2.13 x 2.31 meters

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

Features

Appliances: Washer, Refrigerator, Whirlpool, Stove, Dryer, Microwave
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Pickering (Bay Ridges) listings, avg age

78d

Price / ft²

$660

List price

$495K

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 98.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Pickering (Bay Ridges) has been listed for 8 days, which is 70 days fresher than the city average of 78. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · JANICE SACKICHAND

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1W)

This home lists at $495,000, about 4.7× the local median household income of $106,000.

Carrying it typically needs a household income of about $96,691 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$495,000· $660/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,750

Min 5%50%

Mortgage payment$2,607/mo

↳ CMHC premium ($18,810 capitalized)

Property tax (est.)$343/mo

Condo fee$516/mo

Total monthly$3,466

Cash Needed to Close

Down payment (5%)$24,750

Land transfer tax$6,375

Est. closing costs$3,985

Total cash needed$35,110

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