MACKEY & McCORMICK - Facts & Figures July 2024

30-year amortizations on insured mortgages for new build homes now available for first-time buyers

First-time buyers of new construction homes in Canada will now be able to access longer mortgage amortization periods. As of August 1st, 2024, lenders will be allowed to offer 30-year amortizations for insured mortgages to first-time homebuyers of new construction homes, a measure modified by the federal government.

Read the full report here.

Featured Properties

2134 BERRYMAN Court

Single Family in Burlington

Royal LePage Real Estate Services Ltd., Brokerage (40676985)

2175 MARINE Drive Unit# 301

Single Family in Oakville

Royal LePage Real Estate Services Ltd., Brokerage (40674293)

2170 MARINE Drive Unit# PH2

Single Family in Oakville

Royal LePage Real Estate Services Ltd., Brokerage (40662695)

64 BRENTWOOD Road

Single Family in Oakville

Royal LePage Real Estate Services Ltd., Brokerage (40656583)

273 CAIRNCROFT Road

Single Family in Oakville

Royal LePage Real Estate Services Ltd., Brokerage (40648192)

1688 GLENVISTA Drive

Single Family in Oakville

Royal LePage Real Estate Services Ltd., Brokerage (40641901)

398 WINSTON CHURCHILL Boulevard

Single Family in Oakville

Royal LePage Real Estate Services Ltd., Brokerage (40637366)

8 INVERHURON Trail

Single Family in Oakville

Royal LePage Real Estate Services Ltd., Brokerage (40635353)

Recently Sold Properties

2433 POSTMASTER DR, OAKVILLE, ON

List Price $1,149,000

*Buyer Transaction

297 OAK WALK DR #1009, OAKVILLE, ON

List Price $814,900

*Buyer Transaction

140 JOHN ST, OAKVILLE, ON

List Price $2,270,000

Would you like to know how much your home is worth in today's market? How to increase it's worth? What type of home improvements will give you the best return-on-investment? We can help!

FREE Annual Home Check Up

Interested in receiving new listings in a particular neighbourhood?

Click below and let us know your requirements!

Send Me Listings!