1480 Bayly Street 708, Pickering

$475,000
1480 Bayly Street 708

$475,000

New
18d
Condo ApartmentApartment

1480 Bayly Street 708, Pickering

Total Monthly Obligation $3,139

HausQ Valuation Report
Bed+Den
2+1
Baths
2
Park
1
Sqft
600-699
DOM
18d
Score
17
Yield
5.7%
Cash on Cash
-8.4%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.5%
Property Type-Condo Apartment
MLS® Number-E13864086
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,175 (2026)
Maintenance-$675/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-VALERY REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-FLEXIBLE
Neighbourhood-Bay Ridges
Title-Residential Condo & Other

No agent assigned

Beautiful 1+1 Bed, 2 Full Bath Condo With Parking & Locker At Universal City! This Bright And Spacious Suite Offers An Open-Concept Layout With A Modern Kitchen Featuring Quartz Countertops And Stainless Steel Appliances, Flowing Seamlessly Into The Living And Dining Area With Walkout To A Private Balcony. The Primary Bedroom Boasts A Large Walk-In Closet And A Beautifully Finished Ensuite, While The Versatile Den Can Easily Function As A Second Bedroom Or Home Office. A Second Full Bathroom And In-Suite Laundry Add To The Convenience.Enjoy Resort-Style Amenities Including A Fitness Centre, Yoga Studio, Rooftop Pool, Terrace With BBQ Lounge, Party Room, And More. Just Steps To Pickering GO, Highway 401, Pickering Town Centre, Frenchmans Bay, And The Waterfront Trail This Home Combines Modern Comfort With Everyday Ease In The Heart Of Pickering!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$380,000
Land Transfer Taxes$5,975
Legal Fees (Est.)
$
Total cash required for closing$102,475

Total Monthly Obligation

$3,139/mo
Mortgage $1,916
Monthly Loss $2,635
Principal$504
Interest$1,412
Property Tax$348
Condo Fees$675
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.2%0
5-Year IRR
5.6%13
10-Year IRR
7.5%
Returns Index
7.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$26,916/yr
NOI
$9,549/yr
Net Cash Flow
-$1,120/mo
Cash Margin
-49.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
24.4/ 100

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

Comparables

Properties near 1480 Bayly Street 708

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.