Dennis Paradis

Realtor for Busy People™

416-399-5832

Updated: March 25, 2020

Building Name: Kingscrest

Neighbourhood: Central Newmarket

Condo Corp: YRCC836

Age: Over 25 years

Build date: 1986

Date Registered: June 30, 1993

Units: 131

Storeys: 11

Property Mgt: Wilson Blanchard (formerly Briarlane)

Fees Include: All utilities except Hydro included.

Pets:  Dogs allowed up to 40 lbs (18 kgs) - max 1; Cats okay.

Health Amenities: Gym/Exercise, lap pool, hot tub, sauna

Social Amenities: Party, Game, Library

Security Amenities: Phone Entry, Mobile Entry (?),  Sec Guard, On-site Super, Sec Cameras

Other Amenities: Visitor Parking, Landscaped

Heating: Fan/Coil - Two pipes*: Central Heat (Hot of Chilled Water provided by Condo; Fan hydro NOT incl in fees)

Cooling: Fan/Coil - Two pipe*: Central Air (forced air via ducts)  *two pipes requires a seasonal switchover

Balcony: No

Ensuite Laundry: Yes

MLS Rentals: 1 or 2 per year; 2B:  $1,650 - $1,800 per mth

SALES, PRICES and CONDO FEES:

Includes: Underground parking and locker, Hydro NOT incl in fees

NOTE: There are only 2 Bed - 1 Wash units in this Building.

Typical 2 Bed-2 Wash - 1,006 - 1,107 SF. The vast majority are 1,006 SF

Kitchen - 80-106 SF
Master - 140 - 180SF

Taxes - $2,252/yr or $188/mth

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

Major Pros

• Centrally located - See Map/WalkScore below.
• Walking distance to Upper Canada Mall & hospital.
• Direct access (on foot) to Davis & bus stop.
• Large suites - most 2-beds are 1006 SF; a few are 1,045 SF or  950 SF.
• Large windows -  similar to 250 Davis.
• Some units have two walk-in closets (master & 2nd).
• Some units have window at kitchen sink.
• Underground parking - no surface parking.
• Nice decor, lovely party room, lap pool and sauna.
• Pets allowed with restrictions.
• Well managed.
• Very few renters.
• Average turnover (10-12 sales per year).

 Major Cons

• Older buildings (30+ yrs).
• Older suites - some outdated (many upgraded).
• No balconies.
• Condo fees - $0.59 per SF (upper range of Newmarket condos).
• Condo fees include all but Hydro - Heat is forced air (Fan/Coil).
• Eastside windows overlook co-op building next door

Somewhat Walkable - 68/100