1255 Bayly Street Unit 2207, Pickering

Price: $599,900

2 bedrooms, 2 bathrooms

800 sqft

Property Type: New Construction

MLS#: E12800334

Embrace luxury living at 1255 Bayly in Pickering! Experience resort-style living in this stunning 2-bedroom, 2-bathroom condo in the heart of the city.This elegant unit boasts a beautiful open-concept living and dining area, perfect for entertaining or relaxing. The spacious bedrooms offer comfort and tranquility, while the balcony provides breathtaking views of the lake. Conveniently located right beside Highway 401, Pickering GO Station, and within close proximity to grocery stores and other essential amenities, this location is perfect for those on the go. Residents enjoy top-tier building amenities including an outdoor pool, hot tub, cabanas, loungers, and cozy fire pits.The lobby offers a 24-hour concierge for added security and convenience. Stay active in the well-equipped fitness area, complete with change rooms and a sauna. Don't miss out on this incredible opportunity to own in one of Pickering's most desirable locations!

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$599,900 - 1255 Bayly Street Unit 2207, Pickering

New Construction for Sale in Pickering

46 days on market
2Beds
2Baths
800Sq Ft
New Construction
Property Details
MLS Number
E12800334
Property Type
New Construction
Status
active
Days on Site
46
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Pickering
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
CENTURY 21 INNOVATIVE REALTY INC.
Description

Embrace luxury living at 1255 Bayly in Pickering! Experience resort-style living in this stunning 2-bedroom, 2-bathroom condo in the heart of the city.This elegant unit boasts a beautiful open-concept living and dining area, perfect for entertaining or relaxing. The spacious bedrooms offer comfort and tranquility, while the balcony provides breathtaking views of the lake. Conveniently located right beside Highway 401, Pickering GO Station, and within close proximity to grocery stores and other essential amenities, this location is perfect for those on the go. Residents enjoy top-tier building amenities including an outdoor pool, hot tub, cabanas, loungers, and cozy fire pits.The lobby offers a 24-hour concierge for added security and convenience. Stay active in the well-equipped fitness area, complete with change rooms and a sauna. Don't miss out on this incredible opportunity to own in one of Pickering's most desirable locations!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,077.80/mo

Includes CMHC insurance ($16,737)

$
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5%10%50%

5-yr fixed avg.

Principal: $539,910Interest: $366,692
Mortgage Amount$556,647
Total Interest$366,692
Est. Property Tax$425/mo
Total Cost$923,339

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.

Ready to get pre-approved?

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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

1255 Bayly Street Unit 2207, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$425
Insurance (est.)-$125
Net Cash Flow+$1,850

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

Competitive Pricing

At $750/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 46 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.

Efficient Living

At 800 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.

Investment Perspective

Looking at this as an investment: Pickering properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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