1235 Bayly Street Unit 1116, Pickering

Price: $425,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: E13427864

Step into lakeside living at its finest! This bright, open-concept condo offers a thoughtfully designed layout with a spacious center island, perfect for cooking or entertaining. Enjoy breathtaking, south-facing views of the lake and marina right from your private balcony. Steps to the GO station, with easy 401 access, you're also a short stroll from Frenchman's Bay's waterfront, dining, and Pickering Town Centre. The building boasts upscale amenities: concierge, rooftop terrace with BBQs, indoor pool, hot tub, steam room, gym, and yoga studio. With its functional layout and pristine condition, this is one of the most sought-after buildings in Pickering. Listed at only $425k, this is lakeside luxury at an incredible value! The unit also includes an owned parking spot and locker for added convenience.

1235 Bayly Street Unit 1116 - Condo photo 1 of 13 in Pickering, Ontario
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New Listing
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$425,000 - 1235 Bayly Street Unit 1116, Pickering

Condo for Sale in Pickering

New — Listed yesterday
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
E13427864
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Pickering
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Step into lakeside living at its finest! This bright, open-concept condo offers a thoughtfully designed layout with a spacious center island, perfect for cooking or entertaining. Enjoy breathtaking, south-facing views of the lake and marina right from your private balcony. Steps to the GO station, with easy 401 access, you're also a short stroll from Frenchman's Bay's waterfront, dining, and Pickering Town Centre. The building boasts upscale amenities: concierge, rooftop terrace with BBQs, indoor pool, hot tub, steam room, gym, and yoga studio. With its functional layout and pristine condition, this is one of the most sought-after buildings in Pickering. Listed at only $425k, this is lakeside luxury at an incredible value! The unit also includes an owned parking spot and locker for added convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,180.47/mo

Includes CMHC insurance ($11,858)

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5-yr fixed avg.

Principal: $382,500Interest: $259,784
Mortgage Amount$394,358
Total Interest$259,784
Est. Property Tax$301/mo
Total Cost$654,141

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Pickering

Discover Pickering

Pickering is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Pickering

  • Convenient location in Pickering
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Pickering offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1235 Bayly Street Unit 1116, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$301
Insurance (est.)-$89
Net Cash Flow+$1,085

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $850/sqft, this property is priced in line with current Pickering market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Pickering's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1235 Bayly Street Unit 1116, Pi… — $425,000 | Battaglia Team