1480 Bayly Street Unit 912, Pickering

Price: $599,900

3 bedrooms, 2 bathrooms

900 sqft

Property Type: New Construction

MLS#: E12845978

Welcome to Universal City Condos. This bright and modern 2-bedroom plus den, 2-bath suite features a functional open-concept layout and desirable southeast exposure, allowing for abundant natural light throughout the day. The unit offers two private balconies, perfect for enjoying morning sun and outdoor living. The contemporary kitchen is equipped with brand new stainless steel appliances, including fridge, stove, dishwasher, microwave, and exhaust fan, along with an upgraded extra-height cabinet above the fridge for added storage. Ideally located just steps to Pickering GO Station and minutes to Highway 401, Pickering Town Centre, Durham Live Casino, the marina, and scenic waterfront trails. Residents enjoy resort-style amenities such as an outdoor pool, fitness centre, party room, and 24-hour concierge, offering a convenient and well-connected lifestyle in one of Pickering's most sought-after communities.

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$599,900 - 1480 Bayly Street Unit 912, Pickering

New Construction for Sale in Pickering

44 days on market
3Beds
2Baths
900Sq Ft
New Construction
Property Details
MLS Number
E12845978
Property Type
New Construction
Status
active
Days on Site
44
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Pickering
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
REVEL REALTY INC.
Description

Welcome to Universal City Condos. This bright and modern 2-bedroom plus den, 2-bath suite features a functional open-concept layout and desirable southeast exposure, allowing for abundant natural light throughout the day. The unit offers two private balconies, perfect for enjoying morning sun and outdoor living. The contemporary kitchen is equipped with brand new stainless steel appliances, including fridge, stove, dishwasher, microwave, and exhaust fan, along with an upgraded extra-height cabinet above the fridge for added storage. Ideally located just steps to Pickering GO Station and minutes to Highway 401, Pickering Town Centre, Durham Live Casino, the marina, and scenic waterfront trails. Residents enjoy resort-style amenities such as an outdoor pool, fitness centre, party room, and 24-hour concierge, offering a convenient and well-connected lifestyle in one of Pickering's most sought-after communities.

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.

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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

1480 Bayly Street Unit 912, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$425
Insurance (est.)-$125
Net Cash Flow+$2,250

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 $667/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.

Market Position

At 44 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Efficient Living

At 900 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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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