Dennis Paul Paradis

Dennis Paul Paradis

REALTOR®

RE/MAX Hallmark York Group Realty Ltd.

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416-399-5832
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900 Bogart Mill Trail - Newmarket Condo

900 Bogart Mill Trail - Newmarket Condo

 

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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 - 900 Bogart Mill Tr

Updated: January 20, 2024

Address: 900 Bogart Mill Trail, Newmarket ON  L3Y 8V5

Building Name: Reflections on Bogart Pond

Neighbourhood: Gorham-College Manor

Condo Corp: YRCC1013

Build date:  2004

Developer: Forrest Group

Date Registered: 

Units: 132

Storeys: 5

Property Mgt: First Service Residential  416-293-5900 (Head Office)

Condo Fees include: Unit, Parking, Locker, Common Area, Building Insurance, partial Hydro and Water under a Co-Metering Bulk Buy Plan

Heating: Gas Boiler Units (BAXI Systems) owned and maintained by Unit Owners. Gas Metered for Unit. Forced Air Ducts in each unit. 

Hot Water: On-demand hot Water integrated into the BAXI Heating System above and maintained by Unit Owners

Cooling:  External Air Conditioners on balconies (terraces on ground level) - owned and maintained by Unit Owners.

Hydro and Water:/Sewage:  Co-Metered (Bulk Plans)

Pets:  Dogs and other pets allowed with some restrictions (size and noise)

Health Amenities:  Exercise Room, Walking Trails on site and Tom Taylor nearby, Bike Storage Room (subject to availability)

Social Amenities: Party,/Meetings, Billards, Games (pool table and darts), Library,  Shared terrace w BBQs, tables with umbrellas, walkout from Party Rm

Security Amenities: Phone Entry, Security Guard, On-site Super, Security Cameras

Concierge: None

Other Amenities: Guest Suite ($60/night), Visitor Parking, Landscaped, Cul-de-Sac, Greenbelt/Conservation, Pond, Landscaped, Wooded Area, 

Balcony/Patio: The majority of units have Balconies and ground-level units have Patios.

Ensuite Laundry: Yes

MLS Rentals: Leased - 1 or 2 per year  via MLS (private sales unknown)

1 unit rented 2019 2B,2W at $1,995.  The estimated % rented is low, about 10% or about 10 - 12 units.

Condo Fees/SF 2022: $0.50/SF/month

Med Fees Trend: Up from $0.44/SF/mth in 2020

Fees Include Unit, Parking, Locker, Common Areas, Bldg Insurance, and Partial pay for Water and Hydro.  Gas is extra.

Fees Exclude Hydro (value $80-$100/month), Heat and cooling (hydro portion), Cable TV, Internet, and Landline phone.

Example of 2-Bed, 2-Wash - 1,126 SF

Kitchen - 56 -96 SF
Primary Bed:  143 - 206 SF

Based on the 1,126 SF Model

2-BED COST OF LIVING (Shelter), excluding mortgage payments & personal services (internet, cable, phone) using 2B-2W (1,126 SF)

Cost of Ownership  (Shelter), excluding Mortgage Payments and Personal Utilities

Based on Sumac Model: 2-Bed w Solarium and 2-Wash (4pc & 3pc ensuite)  - 1,161 SF

Home Costs per Month
Fees:   $657 ($0.57/SF)
Hydro:  $100
Taxes:  $267
Insure:  $30

TOTAL: $1,054 + Mortgage + Phone,

Total Monthly Cost/Square Foot: $0.91/SF

CableTV, and Internet NOT included in Fees

* Hydro and Water and Gas (for Boiler and Hot Water on Demand) are extra

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 - 900 Bogart Mill Tr


Pros

  • Quiet & picturesque surroundings - 10 acres..
  • One of the newest condos in Newmarket - built in 2004.
  • Timothy Lofts converted about the same time.
  • Caters to adults & pets
  • All suites have medium size balconies or large ground-level terraces.
  • Two parking spots for many suites (1 - Undergrd + 1 - Surface)
  • Boutique (only 5 floors)
  • Three high-speed elevators

 

Cons

  • Not as centrally located as most other condos in Central Newmarket - car-dependent.
  • Pricier than average - $850K- $900K for a 2 bed - 1,126 SF 2B, 2W with 2 parking spots.
  • Compared to 250 Davis Drive condo, fully-upgraded 1,160 SF 2B, 2W at about $700K

Note: Differences in price are largely justified by better amenities (inside & out) and the newer building, built in 2004 vs. 1986 for most others in Newmarket.

Recommendation: Check into the Heating and Cooling Systems and cost-sharing of Water and Hydro, Buyers should review utility bills for the last 1 or 2 years. This info is not in the Status Certificate.

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