$1.24M · 2 bed Condo Townhouse · Gorham-College Manor, Newmarket

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About this home

Welcome to Barrington on the Park, the sought-after townhouse condo community in Newmarket, conveniently located steps from Fairy Lake and Historic Main Street! Located in the most desirable location within this Feng Shui designed community, you will have an unobstructed east-facing backyard to enjoy morning sunshine on your patio. This meticulously maintained end-unit bungaloft offers double-height windows with vaulted ceilings creating a bright, open and comfortable space. The kitchen has lots…

Property details

MLS#

N12989014

Status

Conditionally Sold

Beds

Baths

3 full, 0 half

Size

1600-1799

Style

Bungaloft

Type

Condo Townhouse

Year built

—

Property features: Public Transit, Library, Rec./Commun.Centre, Hospital, Park, Clear View

Fireplace features: Natural Gas, Electric

Building name: Barrington on the Park
Condo corp #: 1046
Balcony: Terrace
Locker: None
Fees include: Common Elements Included, Parking Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 1-car Built-In
Garage spaces: 1
Parking: 3 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Waterfront: No
Exterior: Stone, Brick
Fronting on: —
Cross street: Bayview Ave & Mulock Dr.
Basement: Finished, Full
Stories: 1
Utilities: —
Laundry: Ensuite
Interior: Air Exchanger, Auto Garage Door Remote, Central Vacuum, Water Heater Owned, Water Softener, Primary Bedroom - Main Floor, Storage, Upgraded Insulation, Workbench
Parking features: —

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,238,000✓ $5,376 tax✓ Gas✓ 1600-1799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$9,484/mo

incl. closing costs (yr 1)

Annual total

$113,810

year 1

Mortgage only

$4,697/mo

principal + interest

Beyond mortgage

$2,560/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$247,600

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$448/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,700 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$12,380/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$54/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$21,235

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)50% $56,359/yr

Property taxes23% $26,611/yr

Utilities3% $3,960/yr

Insurance & security1% $1,600/yr

Maintenance11% $12,380/yr

Condo fees7% $7,800/yr

Closing costs4% $5,100/yr

Mortgage is 50% of your true cost of ownership. The other 50% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$56,359	$4,697/mo
Government & taxes
Property tax	$5,376	$448/mo
Land transfer tax(closing)	$21,235	$1,770/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$12,380	$1,032/mo
Condo fees
Condo / HOA fees	$7,800	$650/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$113,810	$9,484/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Annual costs