310-1235 Bayly Street, Pickering, ON

Bay Ridges, Pickering · MLS® E13520682

$645,000
For Sale
Listed 14 days ago
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3Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Welcome to this beautiful, bright 2+Den corner suite in the heart of Pickering! Featuring a spacious open-concept layout, this sun-filled unit offers large windows, a versatile den that's perfect for a home office or guest space, and a generous private balcony-ideal for relaxing, entertaining, or enjoying your morning coffee. Located in one of Pickering's most desirable communities, this exceptional condo offers outstanding building amenities, including a fully equipped fitness centre, yoga studio, indoor swimming pool, party room, and an outdoor BBQ area for entertaining family and friends. Enjoy the ultimate convenience with shops, restaurants, and everyday essentials located right at your doorstep. Just minutes from the Pickering GO Station, Highway 401, Pickering Town Centre, parks, and the waterfront, this location offers an easy, stress-free commute to downtown Toronto while providing the perfect balance of urban convenience and modern living. Whether you're a first-time buyer, downsizer, or investor, this bright corner unit combines style, comfort, and an unbeatable location. Don't miss this fantastic opportunity to own in the vibrant heart of Pickering!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13520682
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
800-899
Cross streets
Bayly And Liverpool
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$744/mo
Exposure
North East
Property tax
$4,620 / 2026
Days on market
14
Listing brokerage
PINNACLE ONE REAL ESTATE INC.

Rooms

Bedroom 2Main3.09 × 3.03 m

Double Closet

DenMain2.51 × 1.68 m

Large Window

Dining RoomMain3.41 × 3.28 m

combined w/living · open concept

Living RoomMain3.31 × 2.46 m

combined w/dining · open concept · w/o to balcony

Primary BedroomMain4.03 × 3.32 m

walk-in closet(s) · 3 pc ensuite

Moe’s TakeTeam Asgarian · Broker
Above comparables
$552Kest. value

Listed at $645,000, this home is about 17% above what comparable homes suggest. 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 $551K, 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 $519K
  • Bedrooms +$30K
  • Adjusts to $549K

That comparable adjusts to $549K; the $552K 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 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$507KGreat deal$645KOverpriced

Total price vs nearby homes. Fair value about $552K, 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.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Bay Ridges · asking prices
$576kavg asking

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

1507-1255 Bayly Street$690k1608-1455 Celebration Drive$575k1409-1215 Bayly Street$525k2803-1435 Celebration Drive$570k2310-1455 Celebration Drive$519k

The 5 closest of 8 active listings nearby.

See all comparable homes
645kThis home690k575k525k570k519kThis home vs active comparables
Live market pulseActive comparables in Bay Ridges · median list $519K
$759this home / sqft
20active listings nearby
14days on market

This home lists 24% above the area average of $614/sqft.

29 days faster than the Pickering average (43 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

81/ 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 63 m away

20+ transit stops3 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
$2,940/mo
$142KIncome needed
4.5×Price ÷ income
$678Weekly 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.

72%mortgage
Mortgage $2,940Property tax $385Condo fee $744Total carry $4,069

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)
$2,754per month

Mortgage amount $516,000 · 4.14% over 25 years

$129,000Down payment (20.0%)
$516,000Loan before insurance
$0CMHC premium
$3,883Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,754
Property tax
$385
Condo / maintenance fees
$744
Heating
$0
Estimated monthly cost
$3,883

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

One-time closing costs

Ontario land transfer tax
$9,375
Estimated closing costs
$9,375

Plus your down payment of $129,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,344/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

$310,070Total interest paid
$826,070Total of all payments
Principal $516,000 Interest $310,070
YearPrincipalInterestBalance
1$12,088$20,955$503,912
2$12,594$20,449$491,318
3$13,121$19,922$478,198
4$13,669$19,373$464,528
5$14,241$18,802$450,287
6$14,837$18,206$435,451
7$15,457$17,585$419,993
8$16,104$16,939$403,889
9$16,778$16,265$387,112
10$17,479$15,564$369,632
11$18,210$14,832$351,422
12$18,972$14,071$332,450
13$19,766$13,277$312,684
14$20,592$12,450$292,092
15$21,454$11,589$270,638
16$22,351$10,692$248,287
17$23,286$9,757$225,000
18$24,260$8,783$200,740
19$25,275$7,768$175,465
20$26,332$6,711$149,133
21$27,434$5,609$121,700
22$28,581$4,462$93,118
23$29,777$3,266$63,342
24$31,022$2,021$32,320
25$32,320$723$0

At the end of your 5-year term

Total paid over the term
$165,214
Principal paid down
$65,713
Interest paid
$99,501
Balance remaining
$450,287

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$2,700/mo
$32,400Gross annual rent
2.3%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.

5.0%
Gross yield
− Property tax $4,620− Condo fees $8,933− Insurance $600− Vacancy & upkeep $3,564Net operating income $14,683

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PINNACLE ONE REAL ESTATE INC.. MLS®/PropTx.

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