1480 Bayly Street 1707, Pickering

$549,990
1480 Bayly Street 1707

$549,990

New
25d
Condo ApartmentApartment

1480 Bayly Street 1707, Pickering

Total Monthly Obligation $3,326

Bed+Den
3+1
Baths
2
Park
1
Sqft
900-999
DOM
25d
Score
19
Yield
5.9%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
11.9%
Property Type-Condo Apartment
MLS® Number-E13835254
Bed+Den-3+1
Bathrooms-2
Size-900-999 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$465.27 (2025)
Maintenance-$868.49/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX EXCEL TITAN
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Bay Ridges
Title-Residential Condo & Other

No agent assigned

Elevated Condo Living - Pickering's Premier Community. Welcome to this beautiful Northeast-facing corner 2-bedroom + Den, 2-Bathroom suite (925 sq.ft. per builder's floor plan, plus a 98 sq.ft. balcony) in one of Pickering's most desirable communities. Thoughtfully designed with a bright, open-concept layout, this residence features contemporary laminate flooring, smooth ceilings, and expansive wrap-around windows that fill the space with natural light. The open-concept kitchen, Living, and dining area flows seamlessly onto a spacious private balcony, offering a wonderful spot for morning coffee or evening relaxation. The primary bedroom includes a private ensuite bath, while the versatile den is well-suited as a home office or flex space. A full main bathroom services the second bedroom, and an in-suite washer/dryer adds everyday convenience. Building amenities include a fitness centre, outdoor swimming pool, rooftop terrace with landscaped gardens, party lounge, and outdoor entertaining spaces (amenities subject to condo corporation rules and availability). Ideally located steps from the GO Station with quick access to Highway 401, close to Pickering Town Centre, Pickering Marina, waterfront trails, shopping, dining, and the entertainment district. Square footage and room dimensions are approximate, per the builder's floor plan, and should be independently verified by the buyer.

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(utilities, internet...)
$
%
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Closing Costs

Mortgage Amount
$439,992
Land Transfer Taxes$7,475
Legal Fees (Est.)
$
Total cash required for closing$118,973

Total Monthly Obligation

$3,326/mo
Mortgage $2,219
Monthly Loss $2,742
Principal$584
Interest$1,635
Property Tax$39
Condo Fees$868
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.8%28
10-Year IRR
9.8%
Returns Index
15.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,652/yr
NOI
$16,100/yr
Net Cash Flow
-$877/mo
Cash Margin
-32.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
24.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1480 Bayly Street 1707

Time

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