The Real Estate Book Oakville Burlington 33.5

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Text RBKHJLP

DOWNTOWN BURLINGTON CUSTOM BUILD

$2,999,999 Luxury meets comfort in this 4+1 bed, 4 1/2 bath dream home boasting 4897 sq ft. Hardwood floors, high ceilings, gas fireplaces, and a gourmet kitchen. Relax in the spa-like ensuite, entertain in the finished basement, and unwind in the landscaped yard. Walk to shops, restaurants, and parks.

Text RBJZNXG

1,375 SQ FT IN GORGEOUS LAKEPOINTE

$1,174,900 Charming 2 bed, 2 bath Burlington condo with lake views and a 375 sq ft wrap-around balcony for multiple vantage points. Well-managed building with indoor pool, hot tub, exercise room, library, and more. Explore nearby shops, restaurants, Spencer Smith Park, and downtown Burlington.

Text RBKFBWV

893 SQ FT GORE PARK LOFT

$549,900 Modern convenience in the heart of downtown Hamilton. Fantastic finishes, exposed brick walls, soaring ceilings, laminate flooring. Kitchen with breakfast bar, quartz counters, stainless steel appliances, and ample cabinet space, spacious living area. Perfect for commuters, walk to all amenities.

Text RBKFNFL

SOUTH BURLINGTON FAMILY HOME

$1,599,000 Located on a serene cul-de-sac, 4 beds, 2.5 baths with 3450+ sq ft of living space. Updated kitchen, cozy family room with fireplace and spacious living/dining room. Outdoor oasis with deck and pool for entertaining. Convenient location near GO, highways and downtown Burlington.

Text RBJYMMK

SHORES OF LAKE ONTARIO

$899,900 Welcome to Admiral's Walk, offering stunning Lake Ontario and north Burlington views. This unit is fully updated with a quartz kitchen, custom cabinetry, s/s appliances, and concealed washer/dryer. Living/ dining/den area opens to a balcony with amazing views. Move-in ready.

Text RBKFBWT

678 SQ FT GORE PARK LOFT

$399,900 Experience the epitome of city living. Never-lived-in, laminate flooring, soaring ceilings, exposed brick walls. Beautiful kitchen with quartz counters, stainless steel appliances, custom cabinetry and backsplash. Just steps away Jackson Square, the Farmer's Market, and all that downtown Hamilton has to offer.

WALK TO LAKE & TOWN

$3,388,000 Custom bungalow with grace, elegance & high style on a massive mature lot with a pool in S.

WESTOAK TRAILS

$1,997,900 Across from woodlands & close to hospital. Renovated kitchen with island & family room with fireplace.

SUN-FILLED

$689,000 College Park beauty. Spacious 2 bedroom condo with great layout, massive windows &

LAKEFRONT!

$1,439,800 Luxe ground level 2 bedroom + den condo W/10' ceilings, crown mouldings, fireplace & private patio with sunset views over the lake. 2 parking spots.

EXCLUSIVE ENCLAVE

$2,599,000 Wow! Custom home with court + privacy. Extensively upgraded. Master with fireplace &

DREAM HOME

$1,799,000 Fernbrook showpiece in upscale Bronte Creek. End-unit with vast landscaping & tranquil pond & forest views.

GROUND FLOOR

$1,149,000 Amazing value! Chic 2 bedroom Bluwater suite W/designer details, 10' ceilings & patio with access

SOLD

$2,979,000 Luxury home in Westoak Trails. 183' deep lot bordering woodlands of 16 Mile Creek. Renovated home approx 3600 sq ft.

BUNGALOFT

$2,499,000 Lot, luxury & lifestyle enveloped in privacy & nature. End unit with main floor master, upper level loft

WON'T LAST!

$1,389,900 Elegant town with designer flair in Joshua Meadows. Sleek kitchen with W/I pantry & W/O to terrace.

UNOBSTRUCTED LAKEVIEW

$1,459,000 Resort lifestyle in Bluwater Condos. Spacious layout w/2 bedrooms + den. W/O to terrace overlooking pool

SOLD

$1,899,000 A showstopper in prime West Oakville! Captivating fully-finished custom bungalow with a walk-up basement on a huge 150' deep pool-sized lot.

HALTON HAMILTON HOMES

VOLUME 33 ISSUE 5

PUBLISHER

Tim Root

VP SALES & BUSINESS DEVELOPMENT

Fred Ferri

Sarah Noble Search

ART DIRECTORS

Vanessa Chong

Sarah Noble

CONTRIBUTING WRITERS

Julie Achtermeier

Jason Woods

MARKETING & COMMUNICATIONS COORDINATOR

KAYLEY SPALDING

WOOD D LAKE E

$2,199,900

Year-round family cottage resting on a private 4+ acre property with 490 ft of frontage and Western exposure on Wood Lake! This traditional Muskokainspired cottage boasts three bedrooms and two full bathrooms across 2,778 sq ft of living space.

CUSTOM M BUILT T

$1,899,900

Elegant custom-built residence found in the exclusive rural enclave known as Robinson Hillside Estates. A welldesigned floor plan beckons with a luminous open-concept living space, accentuated by a soaring cathedral ceiling adorned with rustic beams.

5-ACRE E ESTATE E $1,599,900

This property exudes the timeless charm & aesthetics reminiscent of the French countryside. On the main floor, a sunlit bedroom awaits, complete with its own 3-pc ensuite. Ascend to the 2nd floor, where 2 bedrooms and 2 bathrooms await.

PENINSULA A LAKE E $3,999,900

This lakeside haven rests gracefully on the serene shores of Peninsula Lake, encompassing over 5 acres of picturesque parklike beauty. The craftsman style bungalow features 5 beds, 3 baths, and spans 4,400 sq ft, marrying elegance with durability.

PENINSULA A LAKE E $3,349,900

A true haven nestled on lovely Peninsula Lake, a part of Huntsville's 4- lake chain, boasting over 40 miles of aquatic adventures. This property has coveted south-facing exposure guaranteeing sun-drenched days. With 312 ft of natural waterfront.

LAKE E VERNON N $2,799,900

Discover lakeside luxury at this renovated Huntsville property nestled between Fairy Lake and Lake Vernon. This masterpiece spans 4,100 sq ft above grade, with an additional 1,600 sq ft below. Featuring 5 bedrooms and 4 baths.

EXECUTIVE E HOME E $2,199,900

This home showcases an ideal floor plan boasting 5 bedrooms and 4.5 bathrooms across 4,048 sq ft of finished living space. Open concept living room with an ambient wood burning fireplace insert, a spacious dining room with cathedral ceiling.

FAIRY Y LAKE E $2,195,000

This stunning property offers unparalleled access to Fairy Lake. A sunlit living room with soaring ceilings and a natural gas fireplace. The chef's kitchen, complete with stainless steel appliances and ecofriendly countertops.

EAGLE E LAKE E $1,674,900

Custom-built 4-season home or cottage on an incredible point of land, bathed in light from morning to evening. Set upon 1.43 acres of pristine Eagle Lake shoreline, this property radiates warmth, history, and unparalleled charm.

$10,998,000

$5,529,000

$3,999,999

$6,875,000

$4,999,000

$3,799,000

$5,500,000

$4,950,000

$3,500,000

480 Chamberlain Lane Oakville

2250 Chancery Lane West Oakville

21 Second Street Oakville

1060 Melvin Avenue Oakville

272 Cliffcrest Court Burlington

1296 Cumnock Crescent Oakville

3286 Shelburne Place Oakville

329 Douglas Avenue Oakville

234 William Street Oakville

CUSTOM LUXURY IN SOUTH EAST OAKVILLE

This stunning home offers a contemporary style for entertaining & family. 6,000+ SF of elegance & function. The open plan centers on a floating staircase encased in glass. The kitchen is open to the family room & the back of the home offers floor-toceiling windows & glass doors onto a covered porch, outdoor kitchen & pool with extensive landscaping. The main level has a light filled office, formal dining area & large mud/laundry room. The primary suite has a walk-in closet & ensuite. Three additional bedrooms & en-suites. The lower level has heated floors with guest, recreation and exercise rooms. 2 car garage and 4 more parking spaces.

1414 AMBER CRESCENT, OAKVILLE

$4,950,000

$1,749,000

ULTIMATE LUXURY

Welcome to the prestigious 'Bluwater' waterfront condominiums just steps to Lake Ontario, trails & parks in Oakville. For Sale with Sullivan Real Estate.

TEXT RBKCCKL

$1,215,000

ENNISCLARE ON THE LAKE

Renovated 2 bed & den luxury suite boasting 1574 sq ft of living space with attention to detail throughout. For Sale with Sullivan Real Estate. TEXT RBKHGRJ

$2,300/MONTH

ALDERSHOT CONDO

This 1 bed open concept condo features 9 ft ceilings, carpet free neutral decor, and plentiful windows. For Lease with Sullivan Real Estate. TEXT RBKGQSH

$1,749,000

LAKEFRONT LIVING

Enjoy gorgeous unobstructed lake views every day! This coveted south-east corner suite offers 1969 sq ft all on one level. For Sale with Sullivan Real Estate. TEXT RBKHGSN

$1,200,000

LAKESIDE LIFESTYLE

Waterfront condo living! Great opportunity to live at the prestigious 'Ennisclare II on the Lake' complex. For Sale with Sullivan Real Estate. TEXT RBJWXGB

SOLD

ENNISCLARE II ON THE LAKE

The 'Cedarbrae' model boasts approx. 1681 square feet presenting 2 beds, 2 baths & den (all on one level). Sold with Sullivan Real Estate. TEXT RBKFBZL

$1,459,000

TORONTO SKYLINE VIEWS

Stunning views with incredible waterfront location! Unobstructed east & south views of Lake Ontario & the Toronto skyline. For Sale with Sullivan Real Estate.

TEXT RBKFSRJ

$899,000

BRONTE VILLAGE

Fabulous suite offers 2 beds, 2 full baths and complete privacy in the 'Ennisclare on the Lake' complex. For Sale with Sullivan Real Estate. TEXT RBKHGNX

SOLD

BURLINGTON BUNGALOW

Lovely 3-bed Mountainside Burlington bungalow situated on a beautiful private 137 feet deep lot. Sold with Sullivan Real Estate. TEXT RBKFWMR

TEXT RBJTZNZ

TEXT

$1,168,000!

THIS WHIMSICAL PAINTED LADY is situated on the second lot from the shores of Lake Ontario. Beautifully updated inside and out, mature new fenced yard with extensive decking and above ground pool make it a complete entertainer’s paradise! Your choice of bedroom, whether on the main level or upper level with balcony and lake views. Charming gingerbread trim, new metal roof, two full baths, sparkling kitchen, an eye-catching masterpiece. Even has a detached she-shed/man cave! 4 6TH STREET, GRIMSBY MLS #40524256

8 Bedrooms Inc In-Law Suite!

25 Acres of Fun For You!

WELCOME TO 9630 WELLINGTON ROAD

42, ERIN, just east of Trafalgar Road, luxury 8 bedroom (total) country estate set upon combination clear land and gorgeous mixed wood forest, 4500+ sf bungalow with many updates plus 3000+ sf lower level with walkout, which includes a 1983 sf 2 bedroom in-law suite! Something for everyone here, attached 3 car garage + 4 car tandem garage + updated barn with 3 System Equine stalls, tractor storage area, new metal roof, spray foam insulation ceiling, hydro, and water. $3,995,000 MLS #40562721

Burlington – 34 Acres!

Walk to Farm Boy!

WELCOME TO 4197 WALKERS LINE, BURLINGTON. Includes an adorable updated 1860’s stone house, a 60’ x 120’ indoor arena or storage, 5 acres of forest with trails. Potential to designate the house and receive permission to build a second home with amazing escarpment views! $4,995,000 MLS #40531359

John Bald BROKER TEAM LEADER

Lolita Hale SALES REPRESENTATIVE

FINE HOMES AND ESTATES OF NIAGARA

OLD TOWN NIAGARA-ON-THE-LAKE   $3,899,000

A BEAUTIFUL MARRIAGE of old-world charm and modern upgrades. Walk to iconic Queen St. with its boutiques, restaurants and theatres or take a short stroll to the waterfront. Stunning decor such as designer light fixtures, custom drapes, valances and luxurious wall coverings. 2 private driveways. Fenced, professionally landscaped backyard. Main floor guest suite, 3 bedrooms upstairs. Primary with spa-like ensuite bath. In-law potential in the basement. 3601 sq ft.

TEXT PROPERTY CODES TO 844-928-0132 FOR MORE INFORMATION AND PHOTOS

PRIME VINEYARD LAND   $2,250,000

20 ACRES with QEW exposure. Ideal for winery site. Planted with 13 acres Chardonnay and 4 acres Merlot. In St. Catharines city boundary and steps to lake and Port Dalhousie. 2024 gross income from the vineyard was $121,957.44 and house rents for $2400/month. Tenants will be month to month in June. Location! Location! Location! MLS: 40567815

Phone, wallet, keys ...

TREB APP

ONE BEDROOM PLUS DEN! Approx 700 sq ft unit in RAIN CONDOS with massive balcony & lake views. Enjoy this updated unit on the 18th floor! One parking & one locker. Text RBKHKSY to 844-928-0132 $579,900

416.561.2724 |

DETACHED HOME WITH APPROX 2,000 SQ FT + FINISHED BASEMENT

All the I wants! 3 bedrooms, 3.5 bathrooms with spectacular features. A dream home! Open concept great room, kitchen & dining room layout ideal for entertaining! Sunny fully fenced backyard. Upstairs laundry! Finished basement. NEW and sought after neighbourhood. Text RBKGXLF to 844-928-0132 $1,629,900

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IamexcitedtosharewithyouthatIamnowyourBurlingtonRealEstategoto forBerkshireHathawayHomeServicesWest!

IamexcitedtosharewithyouthatIamnowyourBurlingtonRealEstategoto forBerkshireHathawayHomeServicesWest!

Providingyouwiththesameexceptionalmarketing,staging,strategyand digitalportalforyourlistingbutwithanentireteamofexpertsbehindme.

Providingyouwiththesameexceptionalmarketing,staging,strategyand digitalportalforyourlistingbutwithanentireteamofexpertsbehindme.

Theratesareholdingandthereisawhisperofacutintheverynearfuture.I’m excitedtostrategizewithyouusingthepowerhousebrandWarrenBuffettis knownforandthegeniusoftheteamandinvestorclientbasebehindus.

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Lets’havecoffeeandgetyoureadyforthecomingmarket!

Lets’havecoffeeandgetyoureadyforthecomingmarket!

C.905.334.3260|Sgood@bhhsoakville.ca

C.905.334.3260|Sgood@bhhsoakville.ca

SHELLEYGOOD

SHELLEYGOOD

sgood@bhhsoakville.ca

sgood@bhhsoakville.ca

4-210LakeshoreRoadEast,Oakville 289-682-9152

4-210LakeshoreRoadEast,Oakville 289-682-9152

shelleygood.ca

shelleygood.ca

TIMELESS WOODLAND ACRES

ESTATE Over 1 acre with 13,000 sq. ft. of total luxury living space with finest finishes. Private property with manicured gardens & backyard oasis. $13,500,000

FRENCH CHATEAU INSPIRED ESTATE WITH SPRAWLING ACREAGE This is a storybook estate like no other. Nearly 14 acres of breathtaking natural surroundings. Nearly 14,000 sf of total space, 7 beds, 9 baths, 5 FPs. Whimsical. $9,895,000

NEW FERNBROOK DEVELOPMENT: DETACHED HOMES IN SE OAKVILLE

Exclusive development. Single family homes w/varying layouts. From 2,750 sf - 3,421 sf finished space, 4 beds + 3.5 baths, 47'+ 50' lots. FROM $3,795,000

ELEVATED LUXURY IN SOUTH EAST OAKVILLE

Newly custom-built residence offering over 7,450 sq ft of curated living space magnificently set on a 100' x 150' manicured lot with pool. $7,249,999

RARE OPPORTUNITY IN SOUTH EAST

OAKVILLE Own a 5 unit residential property. All units recently renovated. On a 15,000 sq ft lot which can be developed into a single luxury home in the future. $3,295,000

FAMILY HOME ON TREE LINED STREET.

Breathtaking custom-built home situated in the prestigious north shore enclave of Burlington within walking distance to the Burlington Golf and Country Club. $2,695,000

LUXURIOUS TOWNHOME IN THE HEART OF DOWNTOWN OAKVILLE Spectacular townhome. Fully renovated showcasing the best of today's luxury finishes. 2,946 sq ft of total living space. $3,250,000

RURAL PARADISE BECKONS! Private setting but close to city. Stunning property offers over 5,267 sq ft of luxury living on both levels with no expense spared! $2,658,000

BUILDING LOT STEPS TO THE LAKE

Located in one of the most sought-after locations in Old Oakville, this building lot is steps to the lake and one of the few remaining opportunities to build. $2,650,000

RURAL OASIS Warm and elegant, fresh and modern best describe this gorgeous custom built Grenada stone home in an exclusive pocket of Brant County nestled into 3.685 acres.

$5,998,000

SOUTH EAST OAKVILLE BEAUTY Warm and elegant, welcoming and classic best describe this gorgeous custom built stone home in Morrison/Eastlake pocket of south east Oakville! $5,480,000

LIFESTYLE PROPERTY ON THE SHORES OF LAKE ONTARIO Perfectly situated nonriparian lakefront property in the heart of Bronte with just over 3,000 sq ft of living space above grade. $4,498,000

STUNNING RENO'D BUNGALOW in Coronation Park. Everything done inside and out. Main floor living. Dream backyard with in-ground pool with water feature, cabana & more!

$2,999,000

FULLY RENOVATED EXECUTIVE HOME ON QUIET CRESCENT Completely renovated from top to bottom with the best of today's luxury finishes. This is the rare, turnkey home you have been waiting for! $2,498,000

Team in Canada for 20 years in a row

INCREDIBLE PROPERTY STEPS FROM THE LAKE South of Lakeshore Rd in SW Oakville on a supremely private 16,630 sq ft pie shaped property. Dense greenery & 14 Mile Creek at rear. $2,995,000

BUILD NEW IN SOUTH EAST OAKVILLE

Here's your chance to build your dream home. This south backing 10,000 sq ft lot is located at the end of a quiet cul-de-sac w/ mature trees and beautiful homes. $1,250,000

Team in the World for Century 21 for 2023

EXCLUSIVE SOUTH EAST OAKVILLE Fernbrook development. Refined towns w/ varying layouts. From 3,132 sq ft to 3,562 sq ft finished space, 3+1 beds + 3.5 baths. Elevator. 3 terraces. FROM $2,885,000

ONE BEDROOM CONDO IN THE HEART OF BRONTE 1 parking/1 locker. 700 interior sq ft plus 85 sq ft balcony. Heart of Bronte's waterfront community. Updated interior. Building with pool, gym, workshop and library. $450,000

FULLY INTERACTIVE DIGITAL MAGAZINE

CALL ISAAC PHILLIPS FOR LOCAL ADVICE & EXPERTISE!

Specializing in town, rural and lakefront properties in Niagara and Haldimand County.

Text RBKHJWG

NEW LISTING - QUALITY BUILT BUNGALOW in quiet, conveniently located, court. Welcoming porch, spacious living area, updated flooring, separate dining, ample kitchen storage, main floor laundry. Basement in-law suite. Dunnville. $659,900

Text RBJBKXZ

NEW PRICE- FABULOUS LAKEFRONT HOME Amazing water views. Custom kitchen, tile backsplash, porcelain sink, granite counters. South facing DR w/sliding doors to expansive waterside deck. LR w/floor to ceiling windows, gas FP. $1,085,000

Text RBKGCND

EXTENSIVELY RENOVATED 4 SEASON COTTAGE 2 bed cottage w/ fantastic Lake Erie views. Bright open concept living, custom kitchen w/ island, 3 pc bath, in-suite laundry. Fenced yard, shed, plenty of parking, hot tub. Dunnville. $638,500

PARK LIKE COUNTRY SETTING Well maintained home with main floor bed & bath plus 4 additional beds upstairs. Upgraded kitchen, sunroom, oversized 2 car garage with loft, PLUS 30' x 75' workshop. Dunnville. $849,900

Text RBHYLGZ

GORGEOUS PRIVATE LAKEFRONT 2020 steel break wall. Large bedrooms, huge living room, fieldstone fireplace with NG insert, separate dining room, 9' ceilings on main, large waterfront deck. Wainfleet. $998,000

Text RBKGCLX

2011 CUSTOM BUILT LAKE ERIE WATERFRONT Gorgeous pen concept cottage, propane fireplace, spacious bedrms, loft, 3pc bath, large bright kitchen. Armour stone & concrete break wall. Detached garage. 180 degree Lake views.Dunnville $769,000

*BROKER/SALES REPRESENTATIVES

KEVIN GIRARD*

TINA GIRARD JAKE ROBERTS

ANCASTER - $24,900,000

Set amongst a 5.2 acre paradise estate with 1/3 acre pond is a sprawling contemporary bungalow with lofted nanny's quarters - over 22,000 sq ft of spectacular living plus a separate 5,210 sq ft detached garage. State-of-the-art dream home with sensational outdoor amenities surrounded by peaceful countryside. www.1272Fiddlers.ca

ANCASTER - $3,995,000

Spectacular custom bungalow by Neven Custom Homes, set on 4.1acres only 5-mins to town. Almost 4300 sq ft of luxurious living including a finished walk-up basement, triple garage, and outdoor oasis (heated saltwater pool). Built with superior quality. www.1043Jerseyville.ca

ANCASTER - $2,895,000

Spectacular custom home in Ancaster Heights. 4+2 beds, 6 baths and almost 4,000 sq ft plus a finished entertainer's basement. Deep 191 ft pie-shaped property with almost 100 ft across the rear backing onto greenspace. www.731Montgomery.ca

ANCASTER - $2,999,900

Stunning custom-built luxury home in prestigious Oakhill with exquisite curb appeal on a premium property sprawling 134 ft of frontage. 5 total beds, 6 baths and over 5600 sq ft of living including a basement in-law suite with full kitchen and sauna. www.87Parker.ca

DUNDAS (DISTRICT LOFTS) - $2,195,000

Luxury 2-bedroom, 2-storey loft style condo with two spa-like baths. Spectacular open living space with 17-ft ceiling and breathtaking view of Dundas Peak. Custom gourmet kitchen. Private entrance and double garage. Radiant in-floor heat. New A/C. www.397King.ca

Top 1% in Canada for Royal LePage

905-802-4769

ANCASTER (4.15-ACRES M3) - $5,395,000

Prime development opportunity: 4.15-acres of industrial land Zoned M3. Prestige Business Park w/ municipal services at the lot line. Located at Tradewind Drive across from Ancaster Business Park. 4-bedroom home on property. CALL FOR DETAILS

CALEDONIA (27.5-ACRES) - $2,150,000

Peaceful 27.5-acre farm on Grand River w 660-ft of water frontage. Located 15-minutes to Ancaster. Circa 1886 farmhouse custom engineered/rebuilt from ground up and all new mechanics: septic,

STONEY CREEK - $1.545M / $1.35M ($2.895M)

Prime development land along Highway 8 in Stoney Creek with transit, shopping and all amenities. Perfect for future residential or mixed-use development with existing mid-rise condos & towns. CALL FOR DETAILS

ANCASTER (12.5-ACRES M10) - $4,995,000

12.5-acres of industrial land zoned M10 in the Airport Employment Growth District. No regulated features impacting future development. Quality backsplit and large workshops offer interim rental opportunity. CALL FOR DETAILS

ANCASTER - $1,749,900

Stunning 4-bedroom executive family home in desirable Harmony Hall. Over 3200 sq ft of luxurious living with an open concept layout, gourmet kitchen, and 3 ensuite baths. An oasis backyard features a custom cedar pavilion and outdoor kitchen. www.131Gregorio.ca

GREENSVILLE - $975,000

1.1-acre lot on quiet cul-de-sac. Build your dream home amongst custom estates just 10 minutes to downtown Dundas. Approved plans available for a 3,700 sq ft bungaloft. www.21Hauser.ca

URBANITE'S DREAM

URBAN LUXURY IN THE SOUGHT-AFTER "RESIDENCES AT ACCLAMATION" 2 bedroom, 2 bathroom unit. Generously illuminated by an abundance of windows; quartz counters; 2nd pantry closet; natural gas BBQ outlet - a rare condo offering! Building gym & rooftop patio. Just a stroll to 6 grocery stores! #609 - 181 James Street North, Hamilton. $638,000 TEXT RBKFWMP

LIGHT-FILLED CORNER UNIT

PARK CITY CONDOS IN BURLINGTON! A fantastic 2 bedroom, 2 full bathroom condo. Sleek kitchen with S/S appliances, insuite laundry, parking, locker, party room & more. The building is heated and cooled with Geothermal technology, keeping costs low. #209 - 4040 Upper Middle Road, Burlington. $629,800 TEXT RBKHFKF

COZY & CONVENIENT

SPACIOUS END UNIT BUNGALOW TOWNHOME! Approx 1,249 sq ft with 2 bedrooms, 1 bathroom with ensuite privilege, double drive, and double car garage. A great location near amenities, public transit, parks, and great Linc & Highway access. Perfect for comfortable, easy living. #9 - 60 Rice Avenue, Hamilton. $749,900 TEXT RBKHFHJ

Colette Cooper Broker

Gino Montani Broker

Natalie Butler

Margherita Abitino

1043 JERSEYVILLE ROAD WEST, ANCASTER

$3,995,000

TEXT RBKGGBD TOLL FREE TO 844-928-0132 FOR MORE

4.1 ACRE COUNTRY PARADISE with breathtaking views and a stunning oasis (heated/saltwater) pool. This spectacular bungalow, built by Neven Custom Homes, offers almost 4,300 sq ft of luxury living with a pristine attention to detail – you’ll find up to 11 ft ceiling heights, custom millwork, and high-end fixtures and finishes throughout. It offers a mix of purposeful rooms and open concept spaces. There is an oversized triple garage, and a walk-up basement with a 9 ft ceiling and approximately 1,320 sq ft of finished recreation space. Imagine a life of peace and tranquility with the convenience of being located just 5 minutes to all amenities in Ancaster. Virtual tour: www.1043jerseyville.ca

TEXT RBKHKCB TOLL FREE TO 844-928-0132 FOR

SPECTACULAR CUSTOM HOME located in the prestigious and desirable Oakhill neighbourhood of Ancaster. 4+1 bedrooms, 6 bathrooms, and over 5600 sq ft of luxurious finished space. Exquisite curb appeal on a premium property with 134 ft. of frontage surrounded by towering mature trees, beautiful landscaped gardens and more than 6000 sq ft of hardscaping. Stunning gourmet kitchen with Thermador appliances and 11-ft. waterfall island. Exceptional design, custom millwork, plaster mouldings and elegant fixtures. Professionally finished lower-level setup as a full in-law suite with a custom cedar wet/dry sauna. Virtual Tour: www.87Parker.ca

The Impact of Canadian Economic Trends on Mortgage Rates: WHAT YOU NEED TO KNOW

BY JASON WOODS

Navigating the world of mortgages can sometimes feel like trying to predict the weather in Canada: just when you think you’ve got it figured out, things change. But unlike the weather, understanding the economic factors that influence mortgage rates doesn’t have to be a guessing game. In this article, we’ll break down the complex interplay between Canadian economic trends and mortgage rates into bite-sized, easy-to-understand pieces. So, grab your metaphorical umbrella, and let’s dive in!

THE ECONOMIC WEATHER REPORT: INFLATION, INTEREST RATES, AND GLOBAL EVENTS

Think of the economy as a vast, interconnected weather system. Just like weather patterns, economic conditions can change, influenced by various factors both within and beyond Canada’s borders. Three major elements in this system are particularly influential when it comes to mortgage rates: inflation, the Bank of Canada’s interest rate decisions, and global economic events.

1.Inflation: The Rising Tide

Inflation is essentially the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling. When inflation rises, it erodes the value of money, meaning your dollar doesn’t stretch as far as it used to.

For mortgage rates, inflation acts like a barometer. Lenders, in an effort to maintain their profit margins in the face of decreasing money value, often increase interest rates. This is because they want to ensure that the money they lend today will hold its value when it’s paid back in the future.

2.The Bank of Canada’s Interest Rate Decisions: The Economic Thermostat

The Bank of Canada (BoC) plays a pivotal role in controlling the economic climate, particularly through its interest rate decisions. Think of the BoC as the caretaker of the economy, adjusting the thermostat to keep the environment comfortable. When inflation is too high, the BoC might increase its key interest rate to cool down spending and borrowing, as higher borrowing costs generally encourage saving over spending. Conversely, if the economy needs a boost, the BoC might lower interest rates to encourage more borrowing and investment.

These decisions directly impact the prime rate, which is the rate that banks charge their most credit-worthy customers and is closely tied to variable mortgage rates. Fixed mortgage rates, on the other hand, are more influenced by the bond market, but they’re also indirectly affected by the BoC’s actions, as these decisions shape economic expectations.

3.Global Economic Events: The Butterfly Effect

Our economy doesn’t exist in a vacuum. Global events, from trade disputes to pandemics, can have a domino effect, influencing economic conditions worldwide, including in Canada. This phenomenon is akin to the butterfly effect, where a small change in one part of the world can lead to significant impacts elsewhere.

For instance, a significant economic downturn in a major trading partner could reduce demand for Canadian exports, impacting our economy and, by extension, mortgage rates. Similarly, global financial crises can lead to lower interest rates worldwide as countries work to stimulate their economies, affecting rates in Canada as well.

WEATHERPROOFING YOUR MORTGAGE: STRATEGIES FOR HOMEOWNERS AND BUYERS

Understanding the economic factors at play is one thing, but how can you use this knowledge to make informed decisions about your mortgage? Here are a few strategies:

1.Fixed vs. Variable Rates: Choosing Your Umbrella

Deciding between a fixed and variable mortgage rate is like choosing between a sturdy, large umbrella and a smaller, more flexible one. A fixed-rate mortgage is predictable; it’s your large, sturdy umbrella that keeps you dry regardless of the storm. Your interest rate remains the same throughout the term, making budgeting easier.

A variable-rate mortgage, however, can change with the economic climate, akin to a smaller, more flexible umbrella that you can adjust depending on the weather. If interest rates drop, you could pay less, but if they rise, so do your payments. This option requires a bit more economic weather-watching and comfort with fluctuation.

2.Refinancing: Seeking Shelter

Refinancing your mortgage can be a way to seek shelter from an economic downpour. If interest rates have dropped significantly since you secured your mortgage, refinancing can allow you to take advantage of these lower rates, potentially saving you money over the long term. However, it’s important to consider the costs associated with refinancing and whether the long-term savings outweigh these expenses.

3.Making Prepayments: Building Your Economic Ark

When the economic forecast looks favorable, making prepayments on your mortgage can be a wise decision. This means paying more than your regular mortgage payment when you’re able to, which can reduce your principal balance faster and save you interest in the long run. Think of it as building your ark before the flood; by reducing your debt during good times, you’re better prepared for any economic storms on the horizon.

CONCLUSION: STAYING DRY IN THE ECONOMIC RAIN

Understanding the relationship between Canadian economic trends and mortgage rates doesn’t require an economics degree, just a bit of insight into how the broader economic climate can affect borrowing costs. By keeping an eye on inflation, the Bank of Canada’s interest rate decisions, and global economic events, you can make more informed decisions about your mortgage.

Whether you’re deciding between a fixed or variable rate, considering refinancing, or thinking about making prepayments, the key is to stay informed and prepared. Just like with the unpredictable Canadian weather, the right preparation can ensure you stay dry no matter what the economic forecast holds.

HUNTING

Enjoy a bright and airy main floor with a beautifully upgraded kitchen featuring quartz countertops and stainless-steel appliances. Relax in the inviting family room with a gas fireplace. Retreat to the primary suite with walk-in closet and ensuite bath. The fully finished lower level offers recreation space and ample storage. Outside, a saltwater pool, deck, and pergola await for outdoor fun. Conveniently located near all amenities, highways, GO station, and downtown Burlington. Don’t miss out on this beautiful property!

$2,999,000 - 283 Douglas Aven

A prestigious picture-perfect stre Oakville The “million-dollar” view from the family room features floor-to-ceiling windows showcasing an outdoor oasis complete with a pool, waterfall, cabana, hot tub and lush gardens!

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A luxurious 3353 sq ft 4 bed, 3 5 bath home with a bright layout, upgraded kitchen, and open living spaces Conveniently located near Beamsville's amenities including wineries, restaurants, hiking trails, and shopping. Follow your Dream, Home!

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Exquisite 4-bed, 5-bath French country home in South-East Oakville, seamlessly blending style and functionality With over 4000 sq ft of living space, this stunning property is a statement of refined living in a prestigious neighbourhood

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This bespoke residence promises unparalleled luxury and meticulous craftsmanship. Boasting approximately 5,200 sq ft of living space, the soon-to-be-completed custom home promises exceptional attention to detail and exquisite finishes

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Lakeshore Road E | Oakville | ON L6J 1H8 +1 905-815-8788 | oakville@evrealestate.com Learn more at oakville.evrealestate.com