The Real Estate Book OBM 34.3

Page 1


OFFICE (905) 335-3042

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www.michaelbrejnik.ca michael@michaelbrejnik.ca

$3,299,000 On 5.65 acres, blending modern comfort with natural beauty. This 4-bed, 2.5-bath home spans 4,000+ sq ft, featuring a great room, eat-in kitchen, sunroom, stunning primary suite. Plus a workshop, chicken coop, orchard.

$1,899,900 4-bed, 2.5-bath house features hardwood floors, Heartland appliances, and cozy sunken family room. Enjoy a lovely backyard, spacious bedrooms, and third-level suite. 2 driveways, 2-car garage, potential for an in-law suite!

Text RBKVDGH

$999,900 Lovely 3 bed, 2 bath home with a large fenced yard. S/S appliances, granite counters, pot lights and updated flooring. LL is finished, upper level bedrooms have walk-in closets. Close to schools, parks, shopping, and amenities.

Text RBKFBWT

678 SQ FT GORE PARK LOFT

$349,900 The epitome of city living. Neverlived-in, laminate flooring, soaring ceilings, exposed brick walls. Beautiful kitchen with quartz counters. Just steps from all that downtown Hamilton has to offer.

SERENE LAKEFRONT LIVING

$899,900 Incredible water views! This 2-bed + den, 2-bath Admirals Walk condo boasts 1,551 sq ft, open living, eat-in kitchen, hardwood floors, ample storage, and fantastic amenities, including a pool and sauna!

Text RBKWMJZ

SPENCER'S LANDING LEASE

$3,200 / month Lovely 2 bed, 2 bath condo for lease in Spencer's Landing. 978 sq ft. Open concept layout, large balcony, updated kitchen, great amenities. Steps to the lake, parks, and all downtown Burlington has to offer.

$1,574,800 Welcome to 72 Melbourne Street, a 2021-built, modern 4+1 bed, 3.5 bath home in Hamilton's Kirkendall area. Features include a gourmet kitchen, in-law suite, hardwood floors, and nearby parks, trails, and amenities.

SOLD

SHORES OF LAKE ONTARIO

$869,900 Stunning Admiral's Walk unit. Completely updated with high ceilings and modern kitchen featuring quartz countertops and custom cabinetry, open-concept living with balcony, plus spacious primary suite with ensuite.

Text RBKVBDC

STONEY CREEK LEASE

$2,500 / month Be the first to live in this newly built modern 2-bed, 1-bath unit in Stoney Creek! Features vinyl flooring, quartz counters, in-suite laundry & 1 parking. No pets.

COUNTRY OASIS
DOWNTOWN CENTURY HOME
STEPS TO LOCKE WITH IN-LAW SUITE
DEEP LOT ON TREE LINED STREET

Top 1% In Canada

Top 1% In Canada

NEWLISTINGFORRENT

PRESTIGIOUS MILLCROFT

$4,400 / Month Approximately 2400 sq ft, 4 bedroom, 2.5 bathroom rental. Main floor master. In the prestigious Millcroft golf community! Text RBKYBFN

ONE OF A KIND ON 2 ACRES

$1,778,000 Approx 2400 sq ft + 800 sq ft in lower level. Renovated 4+2 bdrms, 3.5 baths. Walk out from lower level. Park 8 cars. Text RBKYDFV

DOWNTOWN CORE - STEPS TO LAKE!

$949,000 Approx 1713 sq ft. Updated kitchen. 3 bedrooms + bonus room, 2 baths. Biking/walking trails to Burlington Beach & amenities. Text RBKWMYL

ETOBICOKE RAVINE LOT

$5,999,999 Approx 8000 sq ft of total living space, 5+1 bdrms, 5.5 baths. 3 kitchens, indoor pool, walk out basement. Build to suit or renovate! Text RBKRJVX

HALTON HAMILTON HOMES

PUBLISHER

Tim Root

VP SALES & BUSINESS DEVELOPMENT

Fred Ferri

ART DIRECTORS

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SOCIAL MEDIA MANAGER

Trinity Paton

ROSELAND

$3,549,900 Lot, location & luxury! Custom home with over $700K in improvements. Backyard oasis with pool, finished

WESTMOUNT

$1,619,900 Sharp 4-bedroom, 3.5 bath home + finished lower level. Hardwood floors, detailed ceilings, reno'd ensuite,

WEST OAKVILLE

$1,369,900 Solid 3 bedroom bungalow with a finished basement on a deep poolsized lot close to Lake Ontario, YMCA, &

OLD OAKVILLE

$1,199,888 Luxe 1645 SF suite w/2 beds, den & 2 baths, in the Old Mill Condos. Custom cabinets, 9' ceilings, hardwood floors & chic upgrades. 10+

GLEN ABBEY

$2,549,000 Stunning 4+1 bedroom home with prof finished w/o basement & pool in the Zen-like backyard.

BRONTE

$1,609,000 Large family home with 4+1 bedrooms & 2,574 sq ft + finished basement. Hardwood floors, 3 updated

WEST OAK TRAILS

$1,339,900 Beautiful 3 bdrm home w/ finished basement. Hardwood on 2 levels, gas fireplace & private backyard

ELIZABETH GARDENS

$1,149,000 Lovely 3 bedroom sidesplit on a mature private corner lot. Walk to lake, schools, parks, Fortino's & 5 minutes to GO Train & highway.

WESTMOUNT

$1,679,900 Great value! Close to hospital. Finished basement, 4 bedrooms, formal living & dining

AMAZING LOCATION

$1,585,000 Fully finished bungalow, backing on park. Potential in-law suite. Updated and ready for you to

WHAT A VIEW!

$1,199,900 Sharp 2 bed/2 bath corner suite overlooks Lake Ontario in downtown Burlington. Hardwood floors,

NEWLY BUILT!

$777,900 Your grand lifestyle awaits at The Branch Condos. Chic 2- bedroom, 2 bath suite plus 200 sq ft terrace for the BBQ. Stellar amenities! Furniture included.

IN THE HEART OF BURLINGTON'S DOWNTOWN CORE

Welcome to this stunning Tudorstyle home. Lovingly updated while retaining original features like leaded and stained-glass windows, gorgeous maple trim, and coved ceilings. A modern addition includes a covered back porch, an open-concept kitchen flowing into the sunroom and living area, and upstairs, a grand master suite. Updated kitchen overlooking the back gardens. The upper level offers 3 generous size bedrooms, 2 full bathrooms and lots of storage space. The lower level provides a comfortable fully finished family room, updated laundry, and plenty of additional storage. Location! Location! Location!

High-end

$4,200,000 | Oakville Duncan Harvey | 905-510-5995

$3,148,000 | Oakville Mick Neale | 905-599-3488

BACKYARD KITCHEN PROJECTS & LOCAL BY-LAWS

Adding cooking structures to your backyard can provide new opportunities for dining and entertaining and allow you to create the perfect outdoor kitchen. While jumping in and getting started is tempting, be sure you understand the local by-laws and regulations first. Municipalities each have their own fire safety, zoning and placement bylaws for outdoor cooking and burning to ensure you and your neighbours stay safe. Before tackling your backyard kitchen project, consider these structures and what restrictions may apply in your area.

Pizza Ovens

Pizza ovens have evolved from simple brick structures to sophisticated designs that can perfectly cook a pizza in minutes. The appeal lies in their ability to reach high temperatures, which is essential for achieving the perfect crust and toppings. Pizza ovens can be used to bake bread, roast meats, and even cook desserts, making them a versatile addition to any outdoor kitchen. These ovens can be built from scratch using brick and stone, or purchased as pre-fabricated units.

Smokers

Smokers are a fantastic addition to any backyard kitchen, allowing you to slow-cook meats and other foods with a rich, smoky flavour. Whether using a charcoal, electric, or propane smoker, the slow cooking process allows for tender, succulent results that are difficult to achieve with other cooking methods. Smokers come in various sizes and styles, from compact units suitable for small patios to larger, more elaborate setups for serious barbecue aficionados.

Chimineas

Chimineas, traditionally used in Mexican and Spanish cultures, are charming, freestanding fireplaces often used for warmth and ambiance in outdoor spaces. They are aesthetically pleasing and serve a functional purpose, providing a cozy focal point for outdoor gatherings. Modern chimineas come in various materials, including clay, cast iron, and aluminum, each offering different heat retention and durability benefits.

By-laws and Regulations

Before investing in your backyard project, consult the Town of Oakville or the City of Burlington website for specific by-laws and regulations in your area. Some key points to note include:

Fire Safety & Open-Air Burning:

Fire safety is a paramount concern when dealing with outdoor cooking appliances. Oakville and Burlington have strict regulations to ensure the safety of residents and properties. These include:

• Maintaining a safe distance from buildings, fences, and combustible materials. For instance, chimineas and other open-flame devices must be placed at least 3 meters (10 feet) away from any structure.

• Using fire-resistant materials for construction and ensuring that pizza ovens and smokers are installed on a stable, non-combustible surface.

• Having a fire extinguisher or a hose readily available in case of emergencies.

• The Town of Oakville has strict regulations regarding smoke and nuisances (Bylaw 2006-174) that prohibit open-air burning unless it consists of a small, confined fire, supervised at all times, and used to cook food on a grill or barbecue.

• The City of Burlington regulates the setting of open-air fires and when open-air fires may be set (By-Law 65-2019). Consult the appropriate city websites for more information.

Smoke and Nuisance By-laws

Be considerate of smoke levels to ensure they do not become a nuisance to neighbours. Excessive smoke that affects neighbours can lead to complaints and a violation of nuisance by-laws. To mitigate smoke issues:

• Ensure proper ventilation and consider the prevailing wind direction when placing your smoker or pizza oven.

• Avoid using wet or green wood, which produces more smoke. Instead, opt for seasoned hardwoods like oak, hickory, or maple.

• Regularly maintain and clean your cooking equipment to ensure efficient operation and minimal smoke production.

Building Permits

Depending on the size and scope of your project, you may need to obtain a building permit from the town or city where you reside. It is advisable to consult with the town's building services department to determine the specific requirements for your project.

Backyard kitchen projects can significantly enhance your outdoor living space, offering new ways to cook and entertain. Understanding and adhering to local bylaws and regulations ensures a safe, enjoyable, and compliant setup.

$4,500,000

FRENCH CHATEAU

SE Oakville - Masterfully crafted west coast transitional family home. Over 9000sf total, 5+2 beds, 10 baths. Century old treelined street. Walk to lake+downtown.

$4,500,000

SE Oakville - Masterfully crafted west coast transitional family home. Over 9000sf total, 5+2 beds, 10 baths. Century old treelined street. Walk to lake+downtown.

$4,500,000

SE Oakville - Masterfully crafted west coast transitional family home. Over 9000sf total, 5+2 beds, 10 baths. Century old treelined street. Walk to lake+downtown.

SCANDINAVIAN INSPIRED CUSTOM BUILT HOME Located in Shoreacres by the Lake. Over 7,700 sq ft total living space, 4+1 beds, 6.2 baths. Earthy + neutral, understated elegance.

$4,500,000

$6,850,000 RENOVATED HOME ON OVER HALF ACRE LOT IN MORRISON Extensively renovated family home sitting on an over half acre lot in the heart of Morrison. 5 bedrooms, 4.5 bathrooms. $4,195,000

$3,999,999

SE Oakville - Masterfully crafted west coast transitional family home. Over 9000sf total, 5+2 beds, 10 baths. Century old treelined street. Walk to lake+downtown.

HALF ACRE LOT ON SIGNATURE STREET Set on a spectacular 0.566acre lot, this property is enveloped by towering trees and lush gardens, and backs onto the tranquil Kings Park Woods.

$4,500,000

$2,895,000

SE Oakville - Masterfully crafted west coast transitional family home. Over 9000sf total, 5+2 beds, 10 baths. Century old treelined street. Walk to lake+downtown.

UPSCALE NEWLY BUILT FAMILY HOME Glen Abbey - backing onto Deerfield Golf Course. 3,809 sq ft finished, 4 bedrooms + 4.5 baths. Custom Downsview kitchen. Beautiful views.

$4,500,000

$2,598,000

SE Oakville - Masterfully crafted west coast transitional family home. Over 9000sf total, 5+2 beds, 10 baths. Century old treelined street. Walk to lake+downtown.

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!

Team in Canada for 21 years in a row #1

Team in the World for Century 21 for 2024 #1

$4,500,000

$6,749,000

SE Oakville - Masterfully crafted west coast transitional family home. Over 9000sf total, 5+2 beds, 10 baths. Century old treelined street. Walk to lake+downtown.

CUSTOM BUILT MODERN HOME IN SOUTH EAST OAKVILLE Situated at the end of a quiet street sits this newly built custom home. Built in 2022 with over 4,200 sq ft above grade.

$4,500,000

SE Oakville - Masterfully crafted west coast transitional family home. Over 9000sf total, 5+2 beds, 10 baths. Century old treelined street. Walk to lake+downtown.

$4,500,000

$4,595,000

SE Oakville - Masterfully crafted west coast transitional family home. Over 9000sf total, 5+2 beds, 10 baths. Century old treelined street. Walk to lake+downtown.

CUSTOM BUILT HOME IN THE HEART OF OLD OAKVILLE Located in one of Oakville's most desirable pockets, this new home features over 3,100 sq ft above grade and a rare double car garage.

$4,500,000

SE Oakville - Masterfully crafted west coast transitional family home. Over 9000sf total, 5+2 beds, 10 baths. Century old treelined street. Walk to lake+downtown.

$4,500,000

$1,379,000

SE Oakville - Masterfully crafted west coast transitional family home. Over 9000sf total, 5+2 beds, 10 baths. Century old treelined street. Walk to lake+downtown.

SE Oakville - Masterfully crafted west coast transitional family home. Over 9000sf total, 5+2 beds, 10 baths. Century old treelined street. Walk to lake+downtown.

FERNBROOK DEVELOPMENT: DETACHED HOMES IN SE OAKVILLE Exclusive development. Single family homes. From 2,750 sf - 3,421 sf finished space, 4 beds + 3.5 baths, 47'+ 50' lots. FROM $3,755,000 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 $3,195,000 LARGE LOT IN WEST OAKVILLE Located in a quiet neighbourhood and surrounded by multi-million dollar custom built homes, this three bedroom bungalow provides luxury living. $1,450,000 WATERFRONT CONDO AT BLUWATER CONDOMINIUMS 2 bed + den, 2 bathroom suite with 1,150 sq ft and 10' ceilings. Sun all afternoon/ evening on your 335 sq ft patio overlooking Lake Ontario.

905.338.2121

ANCASTER (4.15-ACRES M3) - $4,850,000

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

BEAMSVILLE - $3,450,000

Build your dream estate home with 350 ft of unrivaled Lake Ontario views set on 10.48 acres backing onto a vineyard and winery. This newly severed parcel offers sweeping vistas of Lake Ontario, the Toronto skyline and the majestic Niagara Escarpment. www.4558Lakeside.ca

STONEY CREEK - $1,299,900

Development opportunity on Highway 8 with potential to join neighbouring property for 115 units. Currently zoned R6 (single/semi/ duplex/towns) with severance potential. CALL FOR DETAILS

(12.5-ACRES M10) - $3,499,000

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

HAMILTON - $2,750,000

Quality built 8405 sqft. all brick commercial building offering an ideal live-work opportunity or a prime commercial space to grow your business. 21-ft height industrial shop with heavy duty crane and luxury residential living space (inground pool). www.1645Main.ca

MOUNT HOPE - $1,149,900

Renovated 3-bed home on half acre (132 x 165 ft) double lot less than 1KM from Hamilton Airport. C6 zoning offers commercial development opportunity. www.9056Airport.ca

GREENSVILLE - $925,000

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

*BROKER/SALES REPRESENTATIVES

TINA GIRARD JAKE ROBERTS

ANCASTER - $19,999,777

Set amongst a 5.2-acre paradise estate with 1/3 acre pond is a stateof-the-art bungalow mansion with over 26,000 sq ft of luxury living, plus a 5,210 sq ft dream garage with sensational outdoor amenities surrounded by peaceful countryside. www.1272Fiddlers.ca

FLAMBOROUGH - $4,999,900

108+ acre country paradise with 7 serene ponds, 30 acres of farmland, and a scenic wrap-around porch. Almost 6000 sq ft luxury home plus 60 x 40 ft triple garage/workshop with 2-bed loft. Swim spa, pool house and 4 ft outdoor fireplace/pizza oven. www.1041-8thConcession.ca

ANCASTER - $2,699,900

Spectacular luxury family home in prestigious Oakhill. Almost 5600 sq ft. of finished living with up to 7 above grade bedrooms for large families, a gourmet eat-in kitchen, a fully finished walk-out basement, and a backyard oasis with ozonator pool. www.175Oakhill.ca

KEVIN GIRARD*

FLAMBOROUGH - EXCLUSIVE

Exquisite modern masterpiece located in an exclusive enclave of estate homes. Set on 1.6-acres with a backyard oasis. Over 6000 sqft. of custom luxury with main level primary, towering ceiling heights, and an entertainer's basement. Control4 automation. CALL FOR DETAILS

ANCASTER - $3,995,000

Almost 7000 sq ft of modern luxury set on a 2.5-acre nature paradise minutes to all Ancaster amenities. Custom designed 4+1 bed, 6 bath with entertainer's basement. Spacious living areas, gourmet kitchen, hotel inspired primary suite and a professional gym. www.18Elder.ca

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

Luxury 2-bedroom, 2-storey loft style condo with two spa-like baths and a gourmet kitchen with designer cabinetry. Spectacular open living space with 17-ft ceiling and stunning views of Dundas Peak. Over-sized double garage and dedicated entrance. www.397King.ca

CREEK - $1,785,000

Custom 2,025 sq ft luxury bungalow on 1-acre gated estate on Stoney Creek Escarpment. 3-beds, 3-baths, with 900 sq ft insulated detached triple garage/workshop. Built with superior construction. Automated lights, cameras and security gate. www.365Mud.ca

- $1,299,900

Beautifully re-modelled executive bungalow with 3+1 bedrooms, 3 baths and nearly 3000 sq ft of living space situated on over an acre of country property. Open concept living space with vaulted ceiling and modern kitchen. 24 x 24 ft workshop. www.3151Hendershot.ca HAMILTON - $1,049,900

Exquisite luxury transformation. Almost 2000 sq ft above grade with 4bedrooms, 2 full baths and a custom kitchen. Original character features, hardwood & marble floors & solid doors. 56 x 100 ft. property with double garage steps to Gage Park. www.100Kensington.ca

- $899,900

Beautiful 2.5 storey, 5-bedroom century home in downtown Caledonia walking distance to Grand River. Huge 74 x 305 ft property with inground pool, hot tub and 25 x 32 ft double garage and workshop (2009). Updated mechanics. www.94Sutherland.ca ANCASTER - $829,900

Beautifully updated and meticulously maintained 3-bedroom, 3bathroom freehold townhome offering a perfect blend of modern living and family-friendly convenience. Located steps to top tier amenities. Open concept living and finished basement. www.50Valridge.ca

ERIE - $799,900

Immaculate 1380 sq ft 2+1-bedroom bungalow with fully finished basement, 3-season sunroom, and accessible main bath. Built in 2016 and situated on a 50 x 115 ft property. In the Village of Stevensville minutes from Conservation and all amenities. www.4003LowerCoach.ca

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NESTLED IN THE SOUGHT-AFTER Kirkendall neighbourhood, this stunning 1890 red-brick home blends timeless charm with contemporary upgrades. Featuring 3 bdrms, 2.5 baths, soaring ceilings, hrdwd floors, stylish kitchen, rear yard w/ large deck & private parking spot - just steps from Locke St. A rare gem in a prime location!

119 Ray Street South, Hamilton. $949,000 TEXT RBKYCKS

EASY LIFESTYLE LIVING

EXPERIENCE EFFORTLESS LIVING in this beautifully updated 2storey detached home with lawn maintenance and snow removal taken care of. Plus an option for elevator installation! A perfect lock up & go home for years to come! Steps to trails, the downtown Village shops, restaurants, and more.

36 McGrath Court, Dundas. $1,375,000 TEXT RBKXVPY

BEST OF TWO WORLDS

STUNNING HALF-ACRE ANCASTER property with TWO residential opportunities! Updated main home w/ 3 beds, 3 baths, & versatile living spaces. Accessory building includes HVAC, 3-pc bath, rough-in for kitchen & spacious rooms w/potential as a guest house, in-law suite!

183 Sunnyridge Road, Ancaster. $1,298,000 TEXT RBKXVPX

COME SEE ME NOW!! 2,700 sq ft, 4 BRs, 4 Baths. Dream layout & spacious rooms. Chef's kitchen w/ walkout to deck & heated inground saltwater pool! Fin'd lower level w/ media room, office & bath. Near schools, parks, shopping & public transit.

35 Holkham Avenue, Ancaster.

$1,449,000 TEXT RBKXVPW

SPACIOUS 3-bed, 2-bath semi-detached! Nearly 10' ceilings, roomy kitchen, hardwood floors, finished bsmt, & private yard. Stroll to walking & bike trails, shops, & more plus easy hwy access. Perfect blend of charm & convenience!

136 Dundurn Street North, Hamilton. $558,000 TEXT RBKYCKR

CONVENIENT LOCATION

VERY SPACIOUS HOME approx 2,029 sq ft, huge kitchen, dining room/living room with fireplace, main floor laundry & mud room combination, huge backyard, and 2 driveways. Conveniently located. 86 Earl Street, Hamilton.

$549,900 TEXT RBKSQWY

WEST HAMILTON CHARMER

FIXED-RATE VS. ADJUSTABLE-RATE MORTGAGES:

WHICH MIGHT BE RIGHT FOR YOU?

As a mortgage broker here in Canada, I know that diving into the world of mortgages can feel like stepping into a labyrinth of numbers and jargon. In this article, I will explore two of the most common mortgage options in Canada: fixed-rate and adjustable-rate (often referred to as variable rate) mortgages. We’ll break down what each one means, explore their pros and cons, and look at real-life scenarios to help you figure out which might be right for you.

What Is a Fixed-Rate Mortgage?

A fixed-rate mortgage means that the interest rate you secure at the beginning of your loan remains constant for the entire term, whether it’s five, ten, or even twentyfive years. This means your monthly payments stay the same, providing stability and making it easier to plan your budget. This consistency can be reassuring, especially if you’re focused on future financial planning and want to protect yourself from unexpected increases in interest rates.

Pros of Fixed-Rate Mortgages:

• Stability: You know exactly what you’ll pay every month, making budgeting a breeze.

• Protection: If market interest rates rise in the future, your rate remains unchanged, saving you from potential increases in your payments.

Cons of Fixed-Rate Mortgages:

• Potentially Higher Initial Rates: Fixed rates in Canada might be higher than variable rates, especially when the Bank of Canada’s interest rate is low.

• Less Flexibility: If interest rates drop significantly, you’ll need to refinance to take advantage of lower rates, which can involve additional fees and paperwork.

What Is an AdjustableRate (Variable Rate) Mortgage?

An adjustable-rate or variable mortgage has an interest rate that can change periodically, depending on the Bank of Canada’s benchmark rates. Variable rate mortgages often have a lower interest rate compared to fixed-rate mortgages, making monthly payments more manageable. However, there is always the risk that interest rates may adjust, which can impact your monthly payments.

Pros of Adjustable-Rate Mortgages:

• Lower Initial Rates: You may enjoy lower payments compared to a fixed-rate mortgage.

• Potential Savings: If the Bank of Canada’s rates stay low or decrease, you might save money over time compared to locking in a higher fixed rate.

Cons of Adjustable-Rate Mortgages:

• Uncertainty: Your mortgage payments could increase if interest rates rise, making long-term budgeting more challenging.

• Complexity: Understanding how rate adjustments work requires a bit more attention to economic trends and terms outlined by lenders.

Real-Life Scenarios: Which Option Fits You?

Suppose you’re planning to stay in your Canadian home for a long time - perhaps 10 or 15 years. In this case, a fixed-rate mortgage could be your best friend. It offers predictability and peace of mind against market shifts, something quite valuable when managing monthly expenses in cities like Toronto or Vancouver where housing costs are significant.

Conversely, if you foresee moving within a few years or expect your financial situation to change, a variable rate mortgage might work in your favour. The lower interest rate can ease the financial burden as you settle into homeownership. For instance, if you’re a young professional expecting to relocate for work in 5 years, the potential savings can be a smart choice, even if you face adjustments later on.

Financial Planning Tips Based on Market Trends

Stay Informed: The Canadian mortgage market is influenced by decisions made by the Bank of Canada. Keep an eye on economic news and interest rate forecasts to anticipate changes.

Think Long-Term: Reflect on how long you plan to live in your home. Your horizon can greatly affect whether a fixed or variable rate is more advantageous.

Seek Advice: Mortgages can be complex, but you’re not alone. A seasoned Canadian mortgage broker can offer insights tailored to your unique financial situation and help you navigate these decisions with confidence.

Choosing between a fixed-rate and an adjustablerate mortgage doesn’t have to be intimidating. By understanding your options and planning ahead, you can find the right choice for your lifestyle and financial goals.

DIRECT: 289-925-9599

jason@jason-woods.com www.jason-woods.com

$1,499,000 - 1222 Larny Court | Mississauga, ON

Rarely offered and first time on the market, this beautiful 5-level backsplit is ready for its next owner! Situated on a quiet, family friendly cul-de-sac The southern exposure offers full day sun throughout this updated 4 bed, 4 baths, 2 kitchen home - this home is perfectly surrounded by amenities, schools & shopping!

Katrina Tavares | REALTOR® | Advisor katrina.tavares@evrealestate.com 416-456-6690

$1,349,000- #306-390 Upper Middle Rd E | Oakville, ON

Nestled against a wooded ravine with walking trails, this prestigious 3 story low-rise building offers a truly peaceful living experience. With unrivaled views, exceptional privacy, and a prime location, this is a rare opportunity to own a true penthouse retreat Truly feels like a treehouse is in the sky!

Katrina Tavares | REALTOR® | Advisor katrina.tavares@evrealestate.com 416-456-6690

$2,249,000 -2044 Mississauga Road | Mississauga, ON

This prestigious home features a stone driveway, stunning vaulted dining room, and a renovated kitchen with high-end appliances and a 10-ft breakfast island The multi-level layout includes a main floor bedroom/office and a lower level with custom closets and a security system Follow Your Dream, Home!

Tanya Castrichini | REALTOR® | Advisor tanya.castrichini@evrealestate.com 416-317-1358

$3,775,000 - 1735 Blythe Road | Mississauga, ON

Nestled in the prestigious Doulton Estates, this ultra-private Georgian-style home offers over 3,500 sq ft of refined living space on a sprawling 35,000+ sq ft lot. A rare opportunity to move in, renovate, or build your dream home in one of Mississauga's most exclusive neighbourhoods.

Peter Kolisnyk | Broker | Private Office Advisor peter kolisnyk@evrealestate com 905-815-3521

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