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.