708-1480 BAYLY Street, Pickering, ON
Bay Ridges, Pickering · MLS® E13575302
About this home
Beautiful 1+1 Bed, 2 Full Bath Condo With Parking & Locker At Universal City! This Bright And Spacious Suite Offers An Open-Concept Layout With A Modern Kitchen Featuring Quartz Countertops And Stainless Steel Appliances, Flowing Seamlessly Into The Living And Dining Area With Walkout To A Private Balcony. The Primary Bedroom Boasts A Large Walk-In Closet And A Beautifully Finished Ensuite, While The Versatile Den Can Easily Function As A Second Bedroom Or Home Office. A Second Full Bathroom And In-Suite Laundry Add To The Convenience.Enjoy Resort-Style Amenities Including A Fitness Centre, Yoga Studio, Rooftop Pool, Terrace With BBQ Lounge, Party Room, And More. Just Steps To Pickering GO, Highway 401, Pickering Town Centre, Frenchmans Bay, And The Waterfront Trail This Home Combines Modern Comfort With Everyday Ease In The Heart Of Pickering!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- E13575302
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 2
- Size
- 600-699
- Cross streets
- BAYLY ST & LIVERPOOL RD
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete Poured
- Maintenance
- $675/mo
- Exposure
- East
- Property tax
- $4,175 / 2025
- Listing brokerage
- VALERY REAL ESTATE INC.
Rooms
Carpet Free
3 pc ensuite · large window · walk-in closet(s)
Listed at $475,000, this home is about 3% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Below comparable homes on total price, yet the price per square foot ($731/sqft) is in line with the area, which usually points to a smaller or more efficient layout.
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 $505K, 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 $490K
That comparable adjusts to $490K; the $492K 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 Eastbound @ Sandy Beach is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $492K, 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.
- Primary suite: a key comfort and resale feature.
- 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
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 3% above the area average of $712/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bay Ridges, Pickering, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 Eastbound @ Sandy Beach, about 126 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $380,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,028
- Property tax
- $348
- Condo / maintenance fees
- $675
- Heating
- $0
- Estimated monthly cost
- $3,051
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
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
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of VALERY REAL ESTATE INC.. MLS®/PropTx.