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Listed 2 months ago

1610 - 1480 Bayly Street

Bay Ridges, Pickering

$489,990

Condo Apartment |
1 + 1 | 2 | 1 | 1
About this home

Stylish 1+1 bed, 2-bath condo with parking and locker at Universal City 1. Features open-concept layout, quartz counters, stainless steel appliances, large walk-in closet with Ensuite, spacious den (can be 2nd bedroom or office), and Ensuite laundry. Resort-style amenities include gym, pool, sauna, rooftop terrace, and more. Currently leased to AAA tenant with 1 year remaining. Buyer must assume tenancy.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$619
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,303
mls© NumberE13411904
Listed ByHOMELIFE/CHAMPIONS REALTY INC.
Heat Included
Building Insurance Included
Common Elements Included
CAC Included

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,508
Property tax
$359
Heat allowance
$150
Condo fees, half counted
$310
Housing costs
$3,326 / mo

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

Down payment20% · $97,998
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,062 / mo
Cash down
$97,998

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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