1255 Bayly Street Unit 409, Pickering

Price: $538,900

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: E13425190

Welcome to San Francisco by the Bay 3 by Chestnut Hill Developments, a modern and stylish sun drenched corner unit nestled in the heart of Pickering's sought after Bay Ridges community. This spacious 2 bedroom, 2 bathroom residence offers 800 Sq Ft of desirable open-concept living space, with abundance of natural light. Enjoy the freshness of newly painted walls complemented by upgraded laminate flooring.The modern kitchen is equipped with stainless steel appliances, generous cabinetry, and seamlessly flows into the large living space, perfect for relaxing and entertaining. The primary suite boasts a walk-in closet and a private 3-piece ensuite, while the second bedroom is generously sized and offers convenient access to a full 4-piece bathroom. Enjoy an exceptional array of amenities including a resort-style outdoor pool, landscaped BBQ terrace, luxurious hall-style party room, full service concierge, gym, sauna, and ample visitor parking and 24-hour concierge, with cable and internet included in maintenance fees. This move-in-ready gem is a rare opportunity for professionals, couples, or investors seeking modern elegance and an unmatched lifestyle. Perfectly positioned minutes from Hwy 401, Pickering GO Station, Pickering Town Centre, Lake Ontario, Cineplex Theatre, and vibrant dining and shopping, this home blends urban convenience with waterfront tranquility. The unit comes with 1 parking and 1 locker and offers an unbeatable combination of comfort, convenience, and lifestyle. A Must See!

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New Listing
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$538,900 - 1255 Bayly Street Unit 409, Pickering

Condo for Sale in Pickering

New — Listed 3 days ago
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
E13425190
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Pickering
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
HOMELIFE/CIMERMAN REAL ESTATE LIMITED
Description

Welcome to San Francisco by the Bay 3 by Chestnut Hill Developments, a modern and stylish sun drenched corner unit nestled in the heart of Pickering's sought after Bay Ridges community. This spacious 2 bedroom, 2 bathroom residence offers 800 Sq Ft of desirable open-concept living space, with abundance of natural light. Enjoy the freshness of newly painted walls complemented by upgraded laminate flooring.The modern kitchen is equipped with stainless steel appliances, generous cabinetry, and seamlessly flows into the large living space, perfect for relaxing and entertaining. The primary suite boasts a walk-in closet and a private 3-piece ensuite, while the second bedroom is generously sized and offers convenient access to a full 4-piece bathroom. Enjoy an exceptional array of amenities including a resort-style outdoor pool, landscaped BBQ terrace, luxurious hall-style party room, full service concierge, gym, sauna, and ample visitor parking and 24-hour concierge, with cable and internet included in maintenance fees. This move-in-ready gem is a rare opportunity for professionals, couples, or investors seeking modern elegance and an unmatched lifestyle. Perfectly positioned minutes from Hwy 401, Pickering GO Station, Pickering Town Centre, Lake Ontario, Cineplex Theatre, and vibrant dining and shopping, this home blends urban convenience with waterfront tranquility. The unit comes with 1 parking and 1 locker and offers an unbeatable combination of comfort, convenience, and lifestyle. A Must See!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,764.84/mo

Includes CMHC insurance ($15,035)

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5-yr fixed avg.

Principal: $485,010Interest: $329,406
Mortgage Amount$500,045
Total Interest$329,406
Est. Property Tax$382/mo
Total Cost$829,451

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

1255 Bayly Street Unit 409, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$382
Insurance (est.)-$112
Net Cash Flow+$1,186

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 $674/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.

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 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 $2,245 (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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    1255 Bayly Street Unit 409, Pic… — $538,900 | Battaglia Team