Dennis Paul Paradis

Dennis Paul Paradis

REALTOR®

RE/MAX Hallmark York Group Realty Ltd.

Mobile:
416-399-5832
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40 William Roe Blvd - Newmarket Condo

40 William Roe Blvd - Newmarket Condo

40 William Roe Blvd - All Active Listing and Solds  

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Links to More Newmarket Condos:

 

1. 250 Davis Dr (Atwood)

2. 260 Davis Dr (Grandview)

270 Davis Dr (Kingscrest)

4. 10 Ashton Rd (Ashton Place)

5. 155 Main St North (Heritage North)

6. 900 Bogart Mill Tr 

7. 20 William Roe

8. 40 William Roe

9. 543 Timothy Loft

 

Condo Summary - 40 William Roe Blvd

Date Updated:  January 20, 2024

Address: 40 William Roe Blvd, Newmarket ON L3Y 5N4

Building Name: 40 William Roe

Neighbourhood: Central Newmarket

Condo Corp: YRCC3

Build date:  1979 

Units: 107

Stories:  10

Property Mgt: A.A. Property Mgt,  Chris Burns 905-895-6692

Health Amenities: Unisex Gym. Sauna, No Smoking rules.

Social Amenities: Party, Game, Library

Security Amenities: Phone Entry, On-site Super (M-F), Sec Cameras

Other Amenities: Visitor Parking, Car Wash, Landscaped, Gazebo, Outside Patio, Canada Post box in Lobby

Heating: Ensuite Furnace/CAC - Maintained by Unit Owner - some new since 2016. $9-1$1K cost to buy a replacement, Parts are scarce. Check the last service date, age, and condition.

Cooling:  As above 

Hot Water Tank: Ensuite - Owned or Rented

Balcony: Yes, 3 Bed units have two balconies

Ensuite Laundry: Yes & Ensuite Storage

MLS Rentals:  1 MLS rental in 2020, 1B-1W, 863 SF - $1,850. No MLS rentals in 2018 or 2019.
MLS does not track private sales or private rentals.

 

Median Fees/SF in 2022: $0.47

Med Fees Trend: Increase from $0.43 in 2020

Fees Include:  Water and Sewage, Parking, Locker, Common Areas, Bldg Insurance + Cable TV

Fees Exclude: Hydro (value $80-$100/mth), Heat & Cooling (hydro portion), Internet, Landline phone.

Example of 2-Bed, 1.5-Wash - 1,092SF

Kitchen - 80 SF

Master Bedroom:  150 SF
 

COST OF LIVING (Shelter), excluding mortgage payments & personal services (internet, phone)

Based on 2-Bed, 2-Wash (1092 SF)

 

Home Costs per Month
Fees:   $508 ($0.47/SF)
Hydro:  $150
Taxes:  $246
Insure:  $30

TOTAL: $934 + Mortgage + Phone,

Monthly Cost/Square Foot: $0.86/SF

CableTV, and Internet NOT included in Fees
 

Caution: Buyers must always verify the relevant info above using expert advice from their lawyers and realtors.

i.e.; Declaration, By-laws, Rules, Budget, and Condo and Unit Status Certificate.

 

Pros & Cons - 40 William Roe Blvd

Pros

  • Condo Fees are lowest in Newmarket & include TV Cable
  • Balconies are extra-large - 3 Bed units have two balconies
  • Woodworking shop (40 William Roe only)  
  • Close to shops & transit on Yonge St.
  • Allow pets with restrictions. Max is 1. e.g.; 1 dog or 1 cat
  • His & her exercise rooms with saunas, showers & lockers.
  • All suite windows and sliding doors to balconies were replaced in 2017-18.
  • Generous-sized ensuite storage room (in addition to the Locker/cage elsewhere in the building.

 

 Cons

  • Older building (40+ yrs)
  • Condo fees exclude Hydro - Heat and Cooling is electric. Hot water tank in the unit.
  • Older style suites with some outdated features,e.g.; Hollywood ceilings in kitchens.
  • Hot water tanks in units (some rented, some owned).
  • Combo Furnace/CAC (electric heating/cooling units) responsibility of the unit owner.
  • Some Furnace/CAC units were replaced over the last 10 years; many are near end-of-life. Check.
  • These heat/cool units cost about $9,000 - $11,000 to replace. Parts to repair are scarce.
  • Almost all 2-Beds have only 1.5 Washrooms (4pc+ 2pc)
  • There are no 2-beds with Dens or Solariums.

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