
1212- 1480 Bayly Street, Pickering
Pickering
$548,800
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,500/mo
Estimated from market price-to-rent ratios
Remarks
Experience Elevated Waterfront Living at Universal City in Pickering!Welcome to this never-lived-in, luxury 2-bedroom + den residence offering approximately 950 sq.ft. of thoughtfully designed living space in Universal City, Pickering's prestigious Gold Standard Award-Winning development. Hands down the most sought after 2 + floor plan offered in the tower.Showcasing breathtaking unobstructed south-facing lake views, this stunning suite is flooded with natural light and features an exceptional open-concept layout ideal for both everyday living and entertaining. The modern designer kitchen is complemented by premium finishes, while the spacious living and dining areas seamlessly extend to two balconies, creating the perfect indoor-outdoor lifestyle.Loaded with upgrades throughout, this exceptional home features smooth finish ceilings, premium flooring, contemporary fixtures, and elegant finishes that elevate every room. The versatile den offers the perfect space for a home office, media room, or guest retreat.Complete with one parking space and one locker, this residence offers both convenience and functionality. Ideally situated just steps from the Pickering GO Station, Pickering Town Centre, waterfront trails, Frenchman's Bay Marina, restaurants, shops, and Highway 401, this is an outstanding opportunity to own a sophisticated lakeside home in one of Durham Region's most sought-after developments.Luxury. Location. Lifestyle. Welcome Home.
MississaugaInvestor.ca
1212- 1480 Bayly Street
Condo Apartment · 3bd/2ba · ~950 sqft
$548,800
Cash-Flow Report · July 31, 2026
Cap Rate
1.75%
Monthly Cash Flow
-$1,728/mo
Estimated Rent
$2,500/mo
Cash-on-Cash
-17.25%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,500 |
| Mortgage | −$2,526 |
| Property Tax | −$462 |
| Insurance | −$225 |
| Condo Fee | −$890 |
| Vacancy (5%) | −$125 |
| Cash Flow | -$1,728/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,000 |
| Vacancy (5%) | −$1,500 |
| Property Tax | −$5,543 |
| Insurance | −$2,700 |
| Condo Fee | −$10,680 |
| Annual NOI | $9,577 |
| Cap Rate | 1.75% |
Cash Required to Close
| Down Payment (20%) | $109,760 |
| Ontario Land Transfer Tax | $7,451 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $120,211 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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