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New2 days ago

1238 Bayview Street

Bay Ridges, Pickering

$1,999,900

Detached|2-Storey
4 | 4 | 4
About this home

Spectacular view of Frenchman's Bay! Set in the heart of Pickering's coveted Bay Ridges community, this exceptional new residence being built by award winning local builder Marshall Homes, presents a rare opportunity to purchase a new home in one of Durham Region's most desirable waterfront settings, with stunning views of Frenchman's Bay! Approximately 3,318 sq. ft. and situated on a generous 50-foot lot, this home offers the unique opportunity to personalize your residence before construction is complete. Choose from available colours, finishes, upgrades and design options to create a home that reflects your own style and lifestyle. The thoughtfully designed plan offers a 3 bedroom with games room configuration or 4 bedroom configuration, 10' main floor ceilings, 9' ceilings on the second floor and basement, hardwood flooring, solid-surface countertops and contemporary finishes. Designed to take full advantage of its exceptional setting, the home features a large terrace on the second floor overlooking Frenchman's Bay. Imagine morning coffee overlooking the water, summer evenings on the terrace and spectacular sunsets just beyond your doorstep. Beyond the home, an exceptional waterfront lifestyle awaits. Steps from the beach, Millennium Square, the marina, waterfront restaurants, shops, parks and the Waterfront Trail, this is a neighbourhood where the waterfront becomes part of everyday life. Walk to the marina for an evening by the water, enjoy dinner overlooking the bay, or stroll and cycle along the shoreline. The Nautical Village adds a distinctive village atmosphere with its waterfront shops, cafés and restaurants, while Highway 401 and Pickering GO provide excellent connectivity. This is more than a new construction opportunity. It is the chance to personalize your new home in an irreplaceable waterfront setting, with an unobstructed Frenchman's Bay view. Property taxes based on current vacant lot, new taxes will be assessed.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$4,921
Lot Size50 ft x 89 ft
mls© NumberE13753196
Listed ByRE/MAX ROUGE RIVER REALTY LTD.

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What the bank counts

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

Mortgage, tested at 6%
$10,236
Property tax
$410
Heat allowance
$150
Housing costs
$10,796 / mo

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

Down payment20% · $399,980
25-yr amortization

Income needed

$332,000

gross annual household income

Payment at 4%
$8,416 / mo
Cash down
$399,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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