There is no property location added.
There is no property location added.
1496 Bayly St, Pickering, ON
$374,900 CAD
🚨 Assignment Sale | Distressed 1 Bedroom at Universal City East Condos
📍 Pickering Downtown | Below Original Price | VERY LOW Closing Costs
An excellent opportunity to secure a distressed 1 bedroom, 1 bathroom assignment at Universal City East Condos. This suite offers strong value with a full deposit wipe plus additional cash out of pocket, creating a compelling entry level opportunity for first time buyers and investors alike. Priced below the original purchase price with extremely low closing costs, this is a rare chance to enter a rapidly growing Pickering market.
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🏡 Suite Details
• 1 Bedroom, 1 Bathroom
• 541 sq ft interior
• 54 sq ft north facing balcony
• Open concept layout
• Floor to ceiling windows
• Original Purchase Price: $497,900
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💸 Assignment Highlights
• Distressed assignment needs to sell
• Full deposit wipe plus cash out of pocket
• Approx. $100,000 deposit already paid (20%)
• Very low closing costs
• Development charges capped at only $2,000
• Perfect entry level product
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🏗️ Universal City East Condos
Experience elevated living at Universal City East Condos by Chestnut Hill Developments, where modern architecture meets everyday convenience. This thoughtfully designed community offers stylish suites, upscale amenities, and a prime location in the heart of Pickering’s evolving downtown core.
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🏢 Luxury Amenities
• State of the art fitness centre
• Saunas and change rooms
• Party room with full kitchen and lounge
• Landscaped outdoor terraces
• BBQ areas, cabanas, and loungers
• Outdoor fire pit and social spaces
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✨ Features & Finishes
• Open concept suite design
• Spacious private balcony
• Granite countertops
• Stainless steel appliances
• Deep soaker bathtub
• Quality finishes throughout
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📍 Prime Pickering Location
Located minutes from Frenchman’s Bay and Fairport, Universal City East sits in a high growth pocket of Pickering designated under Ontario’s Places to Grow Act. This area is rapidly transforming into a vibrant hub for lifestyle, business, and long term appreciation.
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🛍️ Convenience & Lifestyle
• 3 minutes to Pickering Town Centre with 200+ stores
• Close to schools, parks, and recreation
• Steps to dining, shopping, and everyday essentials
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🚆 Transit & Connectivity
• Approx. 7 minute walk to Pickering GO Station
• 25 minute GO train ride to Union Station
• Quick access to Highway 401
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🔥 Why This Unit
• Below original price distressed assignment
• Low closing costs with capped development charges
• Ideal for first time buyers or investors
• Strong cashflow and appreciation potential
• Prime downtown Pickering location
1
bed
1
bath
514 Sq.Ft. LIVING AREA
Reach out for more information, to schedule a private viewing, or to speak with our team directly.