1480 Bayly Street 902, Pickering

$475,000
1480 Bayly Street 902

$475,000

New
16d
Condo ApartmentApartment

1480 Bayly Street 902, Pickering

Total Monthly Obligation $3,025

Bed+Den
2+1
Baths
3
Park
1
Sqft
500-599
DOM
16d
Score
17
Yield
5.1%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.8%
Property Type-Condo Apartment
MLS® Number-E13877234
Bed+Den-2+1
Bathrooms-3
Size-500-599 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,329.04 (2026)
Maintenance-$631.14/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REALTRIUM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TDB
Neighbourhood-Bay Ridges
Title-Residential Condo & Other

No agent assigned

Welcome to this upgraded 1-bedroom + den, 1-bathroom condo at Universal City, thoughtfully designed for first-time buyers, young professionals, downsizers, and investors looking for modern comfort, convenience, and exceptional value.Step inside to a bright, open-concept layout that makes excellent use of every square foot. The modern kitchen features stainless-steel appliances and contemporary finishes, while the versatile den provides the perfect space for a home office, study nook, or additional living area. In-suite laundry adds everyday convenience, making this home truly move-in ready.Enjoy an impressive collection of resort-style amenities, including a rooftop outdoor pool with cabanas, rooftop terrace, BBQ and outdoor entertaining areas, fitness centre, yoga/stretch studio, party room, billiards and games area, resident lounges, guest suite, pet wash/spa, 24-hour concierge, and visitor parking. It's more than a condo-it's a lifestyle.Even better, Rogers high-speed Internet and TV are included in the maintenance fees, helping simplify your monthly budget.The location is hard to beat. You're approximately a 5-minute walk to Pickering GO, with easy access to Highway 401 and everything you need nearby, including Pickering Town Centre, shopping, restaurants, and everyday essentials. When it's time to relax, Frenchman's Bay, the Pickering waterfront, marina, trails, and Pickering Casino Resort are all just minutes away.Live close to everything, commute with ease, and enjoy the lifestyle you want-all while taking an exciting first step into homeownership.Whether you're a first-time buyer, young professional, downsizer, or investor, this upgraded suite offers the perfect blend of modern living, resort-style amenities, and unbeatable connectivity. Your next home could feel this good!

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(utilities, internet...)
$
%
%

Closing Costs

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

Total Monthly Obligation

$3,025/mo
Mortgage $1,916
Monthly Loss $2,520
Principal$504
Interest$1,412
Property Tax$277
Condo Fees$631
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.2%0
5-Year IRR
4.8%10
10-Year IRR
6.8%
Returns Index
6.4/ 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
$24,264/yr
NOI
$8,535/yr
Net Cash Flow
-$1,205/mo
Cash Margin
-59.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
25.0/ 100

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

Comparables

Properties near 1480 Bayly Street 902

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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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.