Dennis Paradis

Realtor for Busy People™

416-399-5832

Updated: April 6, 2022

Address: 155 Main St North Newmarket ON  L3Y 8C2

Building Name: Heritage North

Neighbourhood: Bristol-London

Condo Corp: YRCC647

Build date: 1989

Date Registered: 

Units: 126

Storeys: 4

Property Mgt: Crossbridge Condo Servives 905-853-7262 

Fees Include: Water & Sewage, Common Elements, Building Insurance, Unddergrd Parking, (No Lockers)

Fees Exclude: Hydro (cooling and heating are electric), Personal Utilities (Landline phone, Internet, Cable)

Pets:  No Pets

Health Amenities: Exercise, Sauna, Tennis Court, 10 Acre Park, Zen Garden (2018)

Social Amenities: Party, Game, Library, BBQ area, outdoor shuffleboard, kId's playground

Security Amenities:  Landline Phone Entry (not cell enabled).

Other Amenities: Visitor Parking, Landscaped, Bike Storage Room (not just an open rack)

Heating: Heat Pumps - wall units  (No Central Heating or Cooling)

Cooling:  Heat Pumps - wall units  (No Central Heating or Cooling)

Balcony: Yes. Some ground-level patios and extra-large 3rd/4th level, 2-storey terraces (west side only)

Ensuite Laundry: Yes (also storage); no lockers

Solariums: Most of these have been removed (fully or partially) to enlarge the  Living Room area

MLS Rentals: 1 or 2 per year

SALES, PRICES and CONDO FEES:

Outdated - earlier years are shown in red if nothing sold of this model in the current year

Fees/SF (2021): $0.50/SF

Fees Trend: Up 11% from $0.45/SF in 2019 (avg 3.5%/yr)

Fees Include: Underground parking (no lockers). water, sewage and common expenses, building insurance.

Fees Exclude: Hydro (est $150/mth), personal utilities (landline phone, internet, cable tv) unit insurance.

Typical 1-Level, 2Bed+Solarium ,2Wash (Alexander Muir model) - 1,196 SF 

Kitchen - 135 SF
Primary Bed - 120 SF

Taxes: $3,179/yr or $265/mth

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

Based on 2Bed, 2Wash

Disclaimer: Buyers must always verify the relevant info above using expert advice from their lawyers and realtors. A key reference for condos is a current status certificate and condo docs (by-laws, rules, declaration, budget).

Major Pros

• Only condo in Newmarket with 17 units with 2-levels + huge terraces
• Boutique - only 4 floors.
• The exterior is above average - sits on 10 acres of green space
• Good size Balconies (none on 2nd level except end units)
• Underground Parking spaces are well spaced (easy in and out)
• Locked bike room.
• Bus stop at the front entrance
• Low than average Condo Fees - but heating/cooling costs higher than most other condos
  • Heat Pumps - electric for heat and cool on wall in LR and Primary Bedrm, LR pass-thru in 2BR units, 
• Above average entrance Lounge with fireplace.
   

Major Cons

• Not as "walkable" as most condos in Newmarket.
• Nearby GO Train tracks - noise factor (most residents say they hardly notice it, especially on the east side)
• Older building (1989)
• Older suites - many updated; some partially upgraded.
• No pets allowed (may be seen as a pro by some buyers).
• No Lockers. Suites have above average storage space, combined with Wash/Dryer.
• Smoking allowed in suites, including marijuana (a possible pro for some buyers)
• TV cable not inc in the condo fees.
• Electrical costs partially offset lower than average condo fees.

Car-Dependent - 44/100