Dennis Paradis

Realtor for Busy People™

416-399-5832

Updated: Oct 10, 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 (lowrise/boutique))

Property Mgt: Crossbridge Condo Services 905-853-7262 

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

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

Pets:  No Pets

Health Amenities: Exercise, Sauna, Tennis Court, 10 Acre Park,

Social Amenities: Party, Game, Library, Lg patio w BBQ , w/o from Party/Meeting rm, outdoor shuffleboard, kId's playground

Security Amenities:  Phone Entry

Other Amenities: Visitor Parking, Landscaped, Bike Storage Room ,not just an open rack - as available.

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 (17).

Ensuite Laundry: Yes 

Storage: Ensuite only, 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 (20 rentals as of June, 2023

SALES, PRICES and CONDO FEES:

Outdated - earlier years are shown in red if nothing sold of this model in the current year

Fees/SF (2022): $0.55/SF - up $0.05/SF from 2021 

Fees Trend: Up 10% from $0.55/SF in 2021 and $0.45/SF in 2019  

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 Unit:  1-Level, 2 Bed+Solarium , 2 Wash (Alexander Muir model) - 1,196 SF, Many Solariums removed to make larger Living Rooms. 

Kitchen - 135 SF
Primary Bed - 120 SF

Taxes (2022): $2,935/yr or $245/mth

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

Based on 2 Bed, 2 Wash Alexander Muir model) - 1,196 SF

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 and status of specific unit).

Major Pros

• Only condo in Newmarket with 17 units with 2-levels + huge terraces
• Lowrise/Boutique - only 4 floors.
• The exterior grounds above average - sits on about 10 acres of green space
• Good size Balconies (none on 2nd level except end units) - under contruction 2021- 2023
• Underground Parking spaces are well spaced (easy in and out)
• Locked bike room subject to availability
• Bus stop at the front entrance
• Average Condo Fees
  • 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 gas fireplace.
• Above average amenities for Newmarket - sauna, tennis court, exercise rm, meet/party rm, workshop, kid's playground, 10-acre park-like grounds.
   

Major Cons

• Not "walkable" to shops, etc as most condos in Newmarket.
• Nearby GO Train tracks - noise factor (most residents say they hardly notice it, especially on the west 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.
• No Smoking allowed in suites, including marijuana (a possible pro for some buyers).
• TV cable not inc in the condo fees.
• Some suites 50-75+ steps to nearest elevator. Building is spread out more than highrise condos.

Car-Dependent - 44/100