Dennis Paradis

Realtor for Busy People™

416-399-5832

Updated: January 25, 2021

Building Name: Reflections on Bogart Pond

Neighbourhood: Gorham-College Manor

Condo Corp: YRCC1013

Build date:  2004

Date Registered: 

Units: 132

Storeys: 5

Property Mgt: First Service Residential 1-888-679-8500

Condo Fees include: hydro extra

Pets:  Dogs and other pets allowed with some restrictions

Health Amenities: Exercise, Walking trail

Social Amenities: Party,/Meeting, Billards, Game, Library, Guest Suites, Shared terrace w BBQ, 

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

Other Amenities: Visitor Parking, Landscaped, Cul-de-Sac, Greenbelt/Conserv, Pond, Landscaped, Wooded Area,  

Heating: Fan/Coil - Central Heat 

Cooling: Fan/Coil - Central Air

Balcony: Yes or Patio on some lower units.

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.  Estimate  % rented as low, about 10% or about 10 - 12 units.

SALES, PRICES and CONDO FEES:

Low confidence in data in RED font

Median Fees/SF (2020): $0.41 - 0.5  (needs to be verified!)

Med Fees Trend: tbd

Fees Include:  Water and Sewage, Parking, Locker, Common Areas, Bldg Insurance 

Fees Exclude: Hydro (value $80-$100/mth), Heat & Cooling (hydro portion), Cable TV, Internet, Landline phone.

Example of 2Bed-2Wash - 1,082 SF

Kitchen - 80 SF

Primary Bed:  150 SF

2-BED COST OF LIVING (Shelter), excluding mortgage payments & personal services (internet, cable, phone) using 2B-2W (1082 SF)

* Hydro and Cable TV are extra

Major Pros

• Lovely quiet & picturesque surroundings.
• Newest standard condo in Newmarket - built in 2004.
• Timothy Lofts converted about same time.
• Caters to adults & pets
• All suites have medium size balconies or large ground-level terraces.
• Two parking spots for many suites
• Boutique (only 5 floors)
• Three high-speed elevators
• Condo fees exclude Hydro; Heat is Forced Air/Gas Fan/Coil (uses hydro).

Major Cons

• Not as centrally located as most other condos in Central Newmarket - car-dependent.
• Pricier than average - over $600K for a 2 bed- 1,082 SF (but good value).
• Compared to 250 Davis Drive condo, fully-upgraded 1,160 SF 2B, 2W at about $500K
• Note: Differences in price justified by better amenities (inside & out) and newer building, built 2004 vs 1986 for most in Central Newmarket.

Car-Dependent - 37/100

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