607-1455 Celebration Drive, Pickering, ON

Bay Ridges, Pickering · MLS® E13125412

$475,000
For Sale
Listed 65 days ago
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2Bedrooms
1Bathrooms
1Parking
500-599Sq Ft

About this home

Welcome To Universal City Tower 2! Discover The Elegance Of This Never Lived in Luxury 1-Bedroom Plus Den Residence, Complete With A Captivating Balcony. Prime Location Close To Pickering Town Centre. The Convenience Of Being Mere Steps Away From The Go Station, Operating Every Half Hour, Providing Quick Access To Union Station In Under 30 Minutes Ideal For The Young Professional. This Unit Comes With One Parking . The Building Features A Sleek Lobby, A Concierge, And Is Just 5 Minutes From The Pickering Casino Resort and Much More! Welcome To Your New Home!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13125412
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Liverpool / Bayly St
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$462/mo
Exposure
North East
Property tax
$3,723 / 2025
Days on market
65
Listing brokerage
HOMELIFE SILVERCITY REALTY INC.

Rooms

KitchenMain3.12 × 3.03 m
DenMain3.45 × 3.05 m
Living RoomMain3.12 × 3.03 m
Dining RoomMain3.12 × 3.03 m

Listing history

  1. Jun 25, 2026Listed$2,150

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Above comparables
$401Kest. value

Listed at $475,000, this home is about 18% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $439K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $430K
  • Adjusts to $430K

That comparable adjusts to $430K; the $401K estimate above is the median of all 7 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a very walkable address with everyday errands close by. Bayly Westbound @ Krosno is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$401KGreat deal$475KOverpriced

Total price vs nearby homes. Fair value about $401K, median of 7 comparables.

Comparable listingsCurrently listed nearby in Bay Ridges · asking prices
$468kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

510-1455 Celebration Drive$430k908-1255 Bayly Street$475k322-1480 Bayly Street$479k414-1235 Bayly Street$479k708-1480 BAYLY Street$475k

The 5 closest of 7 active listings nearby.

See all comparable homes
475kThis home430k475k479k479k475kThis home vs active comparables
Live market pulseActive comparables in Bay Ridges · median list $430K
$864this home / sqft
15active listings nearby
65days on market

This home lists 18% above the area average of $731/sqft.

24 days longer than the Pickering average (41 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Bay Ridges, Pickering, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

71/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Bayly Westbound @ Krosno, about 138 m away

20+ transit stops4 grocery20+ dining17 parks13 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Town Centre
$499K
Village East
$480K

Typical asking price of active listings of the same type, per area (outliers removed). Pickering.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,165/mo
$105KIncome needed
4.5×Price ÷ income
$500Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

74%mortgage
Mortgage $2,165Property tax $310Condo fee $462Total carry $2,938

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,028per month

Mortgage amount $380,000 · 4.14% over 25 years

$95,000Down payment (20.0%)
$380,000Loan before insurance
$0CMHC premium
$2,800Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,028
Property tax
$310
Condo / maintenance fees
$462
Heating
$0
Estimated monthly cost
$2,800

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$5,975
Estimated closing costs
$5,975

Plus your down payment of $95,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,463/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$228,346Total interest paid
$608,346Total of all payments
Principal $380,000 Interest $228,346
YearPrincipalInterestBalance
1$8,902$15,432$371,098
2$9,274$15,059$361,823
3$9,662$14,671$352,161
4$10,067$14,267$342,095
5$10,488$13,846$331,607
6$10,926$13,408$320,681
7$11,383$12,951$309,297
8$11,859$12,474$297,438
9$12,356$11,978$285,082
10$12,872$11,461$272,210
11$13,411$10,923$258,799
12$13,972$10,362$244,827
13$14,556$9,778$230,271
14$15,165$9,169$215,106
15$15,799$8,535$199,307
16$16,460$7,874$182,847
17$17,149$7,185$165,698
18$17,866$6,468$147,832
19$18,613$5,721$129,219
20$19,392$4,942$109,827
21$20,203$4,131$89,624
22$21,048$3,286$68,576
23$21,929$2,405$46,647
24$22,846$1,488$23,801
25$23,801$533$0

At the end of your 5-year term

Total paid over the term
$121,669
Principal paid down
$48,393
Interest paid
$73,276
Balance remaining
$331,607

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$1,700/mo
$20,400Gross annual rent
1.7%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.3%
Gross yield
− Property tax $3,723− Condo fees $5,549− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,284

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE SILVERCITY REALTY INC.. MLS®/PropTx.

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