908-1255 Bayly Street, Pickering, ON

Bay Ridges, Pickering · MLS® E13469308

$474,900
For Sale
Listed 28 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Welcome to San Francisco By The Bay! Views of Lake Ontario and Frenchman's Bay from your Balcony! Pickerings Highly Sought After Premier Lakeside Community! This Gorgeous and Stylish Unit is located in a Prestigious Resort Style Condo Development, Open Concept Functional Floor Plan With Many Upgrades Incl: Upgraded Doors, Upgraded Laminate Floors, Quartz Counter Tops & Custom Blinds. Outdoor Pool, Hot Tub, Lounge Areas, Fire Pit & Bbq's. Exercise Room, Cabanas & En-Suite Laundry. Steps from Lake Ontario, Frenchmans Bay and Waterfront Trails! Minutes To Pickering Go Station & Pickering Town Centre, Shopping, Restaurants, Schools, Marina & 401. Meticulously cared for, this stunner offers exceptional building amenities! Just a 25-minute ride to Downtown Toronto. This is lakeside living at its best!.All around this unit is gorgeous and priced to sell!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13469308
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Bayly And Liverpool
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$456/mo
Exposure
West
Property tax
$4,024 / 2026
Days on market
28
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

Living RoomMain3.62 × 3.12 m

w/o to balcony · combined w/dining · window

Dining RoomMain5.15 × 2.97 m

combined w/kitchen · open concept · laminate

BedroomMain3.04 × 3.35 m

large window · large closet · broadloom

DenMain2.42 × 1.82 m

Laminate

KitchenMain5.15 × 2.97 m

quartz counter · stainless steel appl · b/i dishwasher

Moe’s TakeTeam Asgarian · Broker
In line
$477Kest. value

Listed at $474,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $487K, 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 $475K
  • Bathrooms −$15K
  • Adjusts to $460K

That comparable adjusts to $460K; the $477K estimate above is the median of all 6 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 @ St Martins is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$460KGreat deal$479KOverpriced

Total price vs nearby homes. Fair value about $477K, median of 6 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Bay Ridges · asking prices
$474kavg asking

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

322-1480 Bayly Street$479k414-1235 Bayly Street$479k708-1480 BAYLY Street$475k1610-1480 Bayly Street$490k217-1455 Celebration Drive$449k

The 5 closest of 6 active listings nearby.

See all comparable homes
475kThis home479k479k475k490k449kThis home vs active comparables
Live market pulseActive comparables in Bay Ridges · median list $475K
$731this home / sqft
20active listings nearby
28days on market

This home lists 3% above the area average of $712/sqft.

14 days faster than the Pickering average (42 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

80/ 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 @ St Martins, about 196 m away

20+ transit stops4 grocery20+ dining15 parks11 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
$2,164/mo
$106KIncome needed
4.5×Price ÷ income
$499Weekly 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.

73%mortgage
Mortgage $2,164Property tax $335Condo fee $456Total carry $2,956

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)
$2,027per month

Mortgage amount $379,920 · 4.14% over 25 years

$94,980Down payment (20.0%)
$379,920Loan before insurance
$0CMHC premium
$2,819Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,027
Property tax
$335
Condo / maintenance fees
$456
Heating
$0
Estimated monthly cost
$2,819

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

One-time closing costs

Ontario land transfer tax
$5,973
Estimated closing costs
$5,973

Plus your down payment of $94,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,462/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

$228,298Total interest paid
$608,218Total of all payments
Principal $379,920 Interest $228,298
YearPrincipalInterestBalance
1$8,900$15,429$371,020
2$9,272$15,056$361,747
3$9,660$14,668$352,087
4$10,064$14,264$342,023
5$10,485$13,843$331,537
6$10,924$13,405$320,613
7$11,381$12,948$309,232
8$11,857$12,472$297,375
9$12,353$11,976$285,022
10$12,870$11,459$272,153
11$13,408$10,921$258,745
12$13,969$10,360$244,776
13$14,553$9,776$230,223
14$15,162$9,167$215,061
15$15,796$8,533$199,265
16$16,457$7,872$182,808
17$17,145$7,184$165,663
18$17,862$6,466$147,801
19$18,609$5,719$129,191
20$19,388$4,941$109,804
21$20,199$4,130$89,605
22$21,044$3,285$68,561
23$21,924$2,405$46,637
24$22,841$1,488$23,796
25$23,796$532$0

At the end of your 5-year term

Total paid over the term
$121,644
Principal paid down
$48,383
Interest paid
$73,261
Balance remaining
$331,537

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$2,050/mo
$24,600Gross annual rent
2.5%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.

5.2%
Gross yield
− Property tax $4,024− Condo fees $5,472− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,798

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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