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Listed 25 days ago

706 - 1215 Bayly Street

Bay Ridges, Pickering

$495,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Welcome to the San Francisco Bay building in Pickering on Frenchman's Bay. This bright and inviting 1- bedroom plus den suite offers stunning south-facing views of Lake Ontario, with the den providing the flexibility to be used as a second bedroom, home office, or additional living space. The unit features a refreshed kitchen with a new backsplash and updated flooring throughout, giving the space a clean, contemporary feel. Enjoy the perfect balance of privacy and convenience with a parking spot located close to the elevator, plus an included locker for additional storage. Situated high enough to capture beautiful lake views, but not so high that you feel dizzy stepping onto the balcony! The building is also well shielded from the sound of the 401 while offering quick and easy access for commuters. Residents enjoy an impressive selection of amenities, including an indoor pool, hot tub, steam room, party/event room, and outdoor terrace space - perfect for relaxing or entertaining. A fantastic opportunity to enjoy comfortable condo living with gorgeous lake views, excellent amenities, and unbeatable commuter convenience.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$609
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,840
mls© NumberE13648438
Listed ByMAVERICK REAL ESTATE INC.
Heat Included
CAC Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,534
Property tax
$320
Heat allowance
$150
Condo fees, half counted
$305
Housing costs
$3,308 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $99,000
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,083 / mo
Cash down
$99,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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