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New Listing in Burlington

Check out our newest listing 789 HAWKINS Crescent in Burlington.

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Situated in the heart of Downtown Burlington, 789 Hawkins Crescent offers an exceptional location with a walkable lifestyle—steps to the lake, vibrant shops, restaurants, schools, and waterfront trails. This 2,035 sq ft, 2-storey home has been lovingly maintained by its original owner since 1987, showcasing pride of ownership throughout. It features 3 bedrooms, 2.5 bathrooms, a spacious second-floor living room with a cozy wood-burning fireplace, and a large primary suite complete with an ensuite and walk-in closet. The home also boasts a double car garage and an unfinished basement with high ceilings—an incredible opportunity to create your dream space. Enjoy the best of Burlington—close to Mapleview Mall, Spencer Smith Park, local walking paths, and with quick access to major highways for easy commuting. Nestled on a quiet, family-friendly street, this property is perfect for young families seeking charm, convenience, and endless potential in a highly desirable neighborhood. (id:2493)

Listed for $1,097,900 

For more information contact Matt Maguire and Linda Maguire at info@maguireteam.ca

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New Listing in Burlington

Check out our newest listing 607 HURD Avenue in Burlington.

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Located in the heart of downtown Burlington, this rare bungalow-style home offers a beautifully renovated space with 1+1 bedrooms (originally 3) and 2.5 bathrooms, spanning 1,500 sq. ft. plus a finished basement. Perfect for those who value a walkable lifestyle, you're just steps away from the waterfront, parks, vibrant shopping and dining, coffee shops, and the Performing Arts Centre. This unique property seamlessly combines modern updates with timeless charm, featuring arched doorways, textured plaster walls, French doors with etched glass, a wood-burning fireplace, California shutters, hardwood floors & more. The renovated kitchen with stainless steel appliances adjoins a bright solarium, perfect for morning coffee while overlooking the private backyard, complete with a flagstone patio. The primary retreat features a large dressing room (possible 2nd bedroom) and luxurious ensuite with marble floors and walls, soaker tub and separate shower. If you seek convenience, style, and proximity to all that downtown Burlington has to offer, don't miss this incredible opportunity! (id:2493)

Listed for $1,880,000 

For more information contact Linda Maguire at info@maguireteam.ca

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Gift Today, Guard Tomorrow: Balancing Generosity and Protection in Real Estate Gifts

Gifting a down payment to help your child enter the housing market is a generous act. But without the right precautions, this well-meaning gesture could lead to unintended financial headaches, especially if life throws a curveball like a relationship breakdown. Protecting your gift requires thoughtful planning to avoid complications and ensure it’s used as intended.

Start with Solid Documentation

A gift letter is essential. This straightforward document confirms the funds are a gift, not a loan, and satisfies lender requirements. It should clearly outline the amount, your relationship to the recipient, and a declaration that repayment isn’t expected. A little paperwork goes a long way in safeguarding your contribution.

Preparing for the “What-Ifs”

No one likes to imagine a breakup, but it’s a reality worth considering. A cohabitation or prenuptial agreement can ensure your gift stays with your child, not their partner, in the event of a separation. Keep the discussion open, honest, and focused on mutual protection. These measures aren’t about mistrust—they’re about financial wisdom.

For Larger Gifts: Trusts as a High-Level Option

If you’re gifting a significant amount or are part of a high-net-worth family, consider a trust. This advanced option requires legal guidance but offers added control over how and when the gift is used, keeping it aligned with your intentions.

Know the Tax Terrain

Canada may not have a gift tax, but certain transfers—like those involving capital property—can trigger tax implications. Consulting a tax advisor or lawyer can help you avoid surprises and plan accordingly.

Helping your child achieve homeownership is one of the most meaningful ways to support them. By focusing on proper documentation, proactive agreements, and expert advice, you can ensure your gift creates opportunity without unintended consequences. Because when it comes to real estate, it’s not just about giving—it’s about giving wisely.

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New Listing in Burlington

Check out our newest listing 2057 HADFIELD Court in Burlington.

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Welcome to 2057 Hadfield Court, a family-friendly gem in Burlington's desirable Millcroft neighbourhood! A beautiful “Chandler” model, this spacious 4-bedroom, 5-bathroom home offers 3,504 sq. ft. of living space, set on one of the largest lots in a quiet, safe court. Perfect for family life, the spacious backyard with its mature landscaping and treeline provides plenty of privacy to enjoy the inground pool, deck, and patio for endless outdoor fun. The large kitchen, complete with granite countertops and stainless steel appliances, flows into a bright breakfast area with a walk-out to the deck. The cozy family room, with a wood-burning fireplace, is ideal for family nights in. The finished lower level includes a recreation room with a gas fireplace and wet bar, a games/workout area, an additional playroom, and a 3-piece bath—plenty of space for everyone to enjoy. The primary suite offers a peaceful retreat, while the kids’ bedrooms are spacious and have ensuite privileges. Additional features include a separate dining and living room with a wood-burning fireplace, a convenient main-floor office and laundry, gleaming hardwood floors on the main and upper levels, California shutters, crown moulding, pot lights, and French doors. With a double-car garage, ample parking, and tons of storage, this home has everything your family needs to grow and thrive. Conveniently located near Millcroft Golf Course, schools, parks, shopping, and highway access. (id:2493)

Listed for $2,349,000 

For more information contact Linda Maguire at info@maguireteam.ca

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New Listing in Burlington

Check out our newest listing 2071 GHENT Avenue in Burlington.

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Welcome to Urban Elegance at 3-2071 Ghent Ave in the heart of Downtown Burlington! This 3-bed, 3-bath townhome boasts 2,110 sq ft of sophisticated living. Enter through a spacious foyer leading to a lower level, ideal for your home office. Enjoy the luxury of an extra-wide garage with inside access. Upgraded light fixtures & dimmers create ambiance throughout. Entertain effortlessly in the open-concept kitchen, living & dining area with an extended kitchen space including stainless steel appliances including a gas stove, quartz counters, and a kitchen island with pendant lighting perfect for hanging out while entertaining. For outdoor space, patio doors lead to access to the backyard and double doors from living space lead to a private balcony. Additional upgrades include subway tile backsplash, a stylish brass kitchen faucet, built-ins, pot lights & wide plank hardwood floors throughout upper levels. On the 3rd floor two full bedrooms, a 4-piece bath and a laundry room offer comfort & convenience. The primary retreat features a walk-in closet, zebra blinds, & a stylish barn door leading to an ensuite oasis with a walk-in glass shower & double vanity. Relax and enjoy your early morning coffee on the bedroom balcony. Within walking distance to schools, parks, the lake & downtown shops, restaurants, & the Go train. This property offers the perfect blend of luxury & convenience for the discerning buyer! (id:2493)

Listed for $1,099,000 

For more information contact Linda Maguire at info@maguireteam.ca

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New Insured Mortgage Rules Take Effect This Month - Will They Impact You?

New insured mortgage changes are now live, and although I mentioned them in October, they warrant a closer examination.

First, What is an Insured Mortgage?

An insured mortgage applies when the borrower has less than a 20% down payment. Lenders require insurance against default, with the borrower paying a premium added to the mortgage.

So What's New?

This month, two significant changes to insured mortgages have officially come into effect. Here’s a quick breakdown:

1. Expanded Eligibility for 30-year Amortizations for First-time Homebuyers (FTHB) and All Buyers of New-Build Properties

While 30-year amortizations for first-time home buyers (FTHB) purchasing new-build properties are already in place, the latest update now extends this option to anyone purchasing a new-build property and FTHB purchasing any owner-occupied property.

  • With the new changes to insured mortgages, a FTHB earning $75,000 annually can now qualify for about 7.2% more in actual mortgage financing on a 30-year amortization, even with the 20 bps surcharge to the default insurance.

2. Higher Price Caps for ALL Insured Mortgages:

The price cap for insured mortgages has increased from $999,999 to $1,499,999—a significant change our industry has long advocated for. This adjustment is expected to benefit markets where average home prices exceed $1 million, easing the burden on first-time homebuyers who often rely on the "Bank of Mom and Dad" to meet the 20% down payment requirement. 

Previously, purchasing a $1.5M home required a $300K down payment. Now, with the recent changes, that same home can be yours with as little as $125K down—provided you meet one critical condition: having the income to support a $1.375M mortgage.

Down Payment Breakdown Remains Unchanged:

  • 5% on the portion up to $500,000

  • 10% on the portion between $500,000 and $1.5 million

Market Impacts:

These changes aim to make it easier for more people to qualify for a mortgage. Here’s how this could impact the market:

  • Impact on Buyers: A 30-year amortization increases qualifying income, helping some buyers enter the market. Even small changes can boost interest, driving demand and putting upward pressure on home prices. Buying now may offer less competition and better prices before demand pushes values higher.

  • Selling a Home: If your home is priced between $1M and $1.5M, the recent changes to the price cap have likely expanded the buyer pool. More buyers can now qualify with a smaller down payment for homes over $1 million, potentially leading to higher offers.  

If you’re considering buying or selling, now is the time to plan. Reach out to discuss how these changes may impact your goals.

Coming Late January: Insured Refinances for Secondary Suites

The next round of insured changes is on its way, focusing on refinances for secondary suites. Stay tuned—I’ll keep you updated as more details come out in our February issue!

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New Listing in Burlington

Check out our newest listing 1121 COOKE Boulevard in Burlington.

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Welcome to 1121 Cooke Blvd Unit 62, a stunning 3-bedroom, 3 full bath townhome built in 2021 in Burlington’s vibrant Aldershot Central neighborhood. Perfect commuter location for busy professionals or families, this 1,722 sq ft home features 9ft ceilings, a bright open concept living & dining area with a walk-out terrace balcony. An upgraded kitchen ideal for entertaining, with coffee bar, island, & floor-to-ceiling pantry. Each bedroom boasts a 4 piece ensuite, the primary bedroom has a spacious walk-in closet, while the other 2 bedrooms have custom closet organizers. Enjoy upscale touches like modern lighting, wide plank laminate flooring, & an upgraded hardwood staircase with iron spindles. Add’l perks include upper-lvl laundry, a 3rd floor office space, & main-floor walkout to backyard & patio. Commuters will love the short walk to Aldershot GO Station, quick hwy access, & nearby LaSalle Park, marina, shops, & restaurants—making this home a blend of luxury & convenience in a prime location. Maintenance covers lawn & snow removal. (id:2493)

Listed for $859,000 

For more information contact Linda Maguire at info@maguireteam.ca

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New Listing in Oakville

Check out our newest listing 1468 TANNER Court in Oakville.

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Welcome to 1468 Tanner Court, a stunning 5-bedroom, 2.5-bathroom home in Oakville's coveted Glen Abbey. This 3800 sq ft gem features an updated kitchen with a large center island, granite counters, pantry, pot lights, & a spacious eat-in area that opens to a private, fully fenced ravine lot with no rear neighbours! The main floor boasts a grand central staircase, new flooring throughout, a separate formal living & dining room, main floor office, & family room, offering ample space for the family to enjoy. The updated primary suite includes a corner tub, double vanity, separate shower, & walk-in closet. 4 other spacious bedrooms ensure comfort for all. Located on a sought-after street in the prestigious Glen Abbey neighbourhood, close to parks, trails, community centers, & amenities. Easy access to major highways makes commuting a breeze. Enjoy perennial gardens & a double car garage. Don't miss this exceptional opportunity to live in one of Oakville's finest neighborhoods. (id:2493)

Listed for  

For more information contact Cathy Buttrum and Linda Maguire at info@maguireteam.ca

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New Listing in Burlington

Check out our newest listing 5160 RIDGEWELL Road in Burlington.

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Welcome to 5160 Ridgewell Rd, nestled in Burlington's sought-after Orchard neighborhood! This 3-bed, 4-bath gem, Royale Model offers approximately 1900 sq. ft. of updated, spacious living, plus the finished basement. Step inside to the spacious main floor featuring new hardwood floors, separate living/dining areas and the updated, eat-in kitchen. Entertain effortlessly in the private fenced yard—featuring no rear neighbours, a large gazebo, pergola, & a handy storage shed. The large primary suite boasts a walk-in closet & ensuite bath for ultimate comfort and two additional spacious bedrooms and bath finish off the upper level. The finished basement offers a versatile rec room, workout area, additional bathroom, & plenty of storage, perfect for growing families or hosting guests. With inside garage entry, proximity to top schools, parks, & shopping, this home blends convenience with style. Don’t miss your chance to own this Burlington beauty! (id:2493)

Listed for $1,229,000 

For more information contact Cathy Buttrum and Linda Maguire at info@maguireteam.ca

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New Listing in Hamilton

Check out our newest listing 113 KENSINGTON Avenue North in Hamilton.

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Welcome to 113 Kensington Ave N in Hamilton's sought-after Crown Point neighborhood. Nestled near parks, Ottawa Street's vibrant shops, and schools, this 2.5-storey 5-bedroom, 2-bathroom home offers 1,608 square feet of charm and comfort. Discover a home where pride of ownership shines through 56 years of care, boasting a big front porch, hardwood flooring under carpets, and an updated eat-in kitchen. Enjoy spacious living with separate dining & living rooms, large windows flooding rooms with natural light, and an oak staircase adding timeless elegance. The partially finished basement features above-grade windows, offering ample storage & a separate side door entry. Outside, a private backyard with a mature garden and a single car garage accessible via a convenient laneway completes this rare find. Ideal for families seeking space & convenience in a historic and vibrant community. Windows updated on 1st & 2nd level, roof shingles 2017,siding & gutters 2021, updated foundation 2022, furnace 2013, updated front door & storm door. (id:2493)

Listed for $649,999 

For more information contact Linda Maguire at info@maguireteam.ca

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