List of New Condos in Bay Ridges Neighbourhood

Investing in Bay Ridges Real Estate

Bay Ridges is an ever-expanding neighbourhood that has seen a surge in new pre-construction condo developments through outstanding projects like San Francisco By The Bay at 1215 Bayly St, SF3 Condos at 1255 Bayly St and Discovery Place at 1880 Valley Farm Rd, all offering top-notch amenities like a fitness centre, party room and rooftop terraces that provide aesthetic views of the coastal areas along Lake Ontario, giving its residents an immaculate living experience.

Why Buy Pre-Construction Condos In Bay Ridges?

Purchasing new condos in Bay Ridges is worth considering as the area is next to the ever-beautiful Lake Ontario and its bountiful benefits. It cannot be stressed enough on how the ability to customize the units according to your personal preferences is a godsend, while also being at a lower price point in comparison to completed ones in the market is a deal of a lifetime.

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Entertainment & Recreation In Bay Ridges

There is no shortage of entertainment and recreation activities in Bay RIdges as the area is adjacent to Lake Ontario and Frenchman’s Bay which offers a plethora of water-based opportunities like Boating, Surfing and Underwater Diving. Adjacent parks like Beachfront Park and Millennium Square Pickering offer aesthetic views and a brief moment of respite amidst the bustle of the city. Foodies are to enjoy their time in reputed restaurants like Chúuk | Bar and Restaurant and PORT Restaurant. BATL Axe Throwing adventure sports centre is a nearby popular attraction that offers one of a kind axe throwing experience. The community of Bay Ridges has some of the best educational institutions which can be seen with the presence of esteemed establishments like Bayview Heights Public School, Biidaasige Mandamin Public School and Durham Alternative Secondary School – Pickering with options for faith-based education at the nearby Father Fénelon Catholic School. Higher studies can also be pursued at the nearby University of Toronto Scarborough.

Average Price For Condos In Bay Ridges

During the second quarter of 2023, condos in the 905 regions of the Greater Toronto Area (GTA) commanded an average cost of $1,172 per square foot, whereas in the City of Toronto, the corresponding figure was $1,673 per square foot, demonstrating a relative decrease. Pre-construction condos in Pickering were sold at an average price of $917 per square foot, presenting a more affordable option within the region. By the close of 2023, the benchmark price for resale condos in Pickering reached about $614,100, reflecting a decrease of 3.38% compared to the previous year. Concurrently, the rental market in Pickering experienced an upward trajectory, with the average monthly rate for condos reaching $2,350 in the second quarter of 2023, representing a notable growth rate of 7.33% from the preceding year.