$479,000 - 1235 Bayly Street Unit 414, Pickering
Condo for Sale in Pickering
56 days on market- MLS Number
- E13021424
- Property Type
- Condo
- Status
- active
- Days on Site
- 56
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Pickering
- Locker
- Owned
- Exposure
- South
- Balcony
- Enclosed
- Listing Brokerage
- RE/MAX ROUGE RIVER REALTY LTD.
Lifestyle & Location Live in this vibrant waterfront community, just a short walk to Pickering Beach and Frenchman's Bay where you can relax, kayak, or paddleboard. Only a 10minute walk to the GO Train, making commuting or heading into the city simple and convenient. Enjoy your south facing enclosed 100 sqft balcony, perfect for morning coffee or unwinding at sunset. The open concept layout creates a bright, airy feel throughout, ideal for everyday living or hosting, whether at the breakfast bar or in the dining area. The primary bedroom comfortably fits a king size bed and features a spacious double closet with added shelving. The versatile den offers flexibility as a home office, nursery, second bedroom, or creative space. Includes 1 underground parking space and 1 locker, both owned and conveniently located near the entrance and elevator. The highly sought after San Francisco By the Bay building offers a full suite of amenities including a gym, steam room, large indoor pool with hot tub, yoga room, party lounge, visitor parking, 24 hour concierge, and a rooftop terrace with BBQs for entertaining and relaxing. Recently updated lobby and hallways in 2024.Minutes to the 401, Pickering Town Centre, marina, restaurants, and the waterfront, this location delivers a strong balance of lifestyle and convenience. Ideal for first time buyers, downsizers, small families, investors, and commuters looking for low maintennceliving by the water. Originally purchased in 2025 for $522,000. offering a compelling opportunity for buyers to secure value in today's market.
Estimate your monthly payments for this property
Estimated Payment
$2,457.52/mo
Includes CMHC insurance ($13,364)
5-yr fixed avg.
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.
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
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.
1235 Bayly Street Unit 414, Pickering
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $798/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 56 days on site, this property has exceeded the typical selling timeline for Pickering. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 600 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.