66 Magnificent Way, Hamilton, ON

Binbrook, Hamilton · MLS® X13022166

$1,199,000
For Sale
Listed 88 days ago
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6Bedrooms
3Bathrooms
3Garage · 6 parking
1500-2000Sq Ft

About this home

Welcome to 66 Magnificent Way, a stunning raised bungalow in the heart of Binbrook that perfectly blends scale, privacy, and modern luxury. Situated on a massive 137' x 175' lot with no rear neighbors and a serene walking trail right at your doorstep, this property offers a rare sense of seclusion. The home boasts approximately 2,000 sq. ft. of bright, open-concept living space characterized by soaring ceilings and premium finishes. The main floor features a chef-inspired kitchen with a large island and stainless steel appliances, a spacious dining area, and a living room that walks out to an expansive deck overlooking your private oasis. With three generous bedrooms, including a primary suite with a private ensuite and convenient main-floor laundry, the layout is as functional as it is beautiful. Adding incredible value is the massive three-car garage, complete with a versatile loft space perfect for a home office or studio. The lower level is a fully self-contained walk-out suite, offering an additional three bedrooms, its own laundry, and a second open-concept kitchen and living area-ideal for multi-generational living or as a premium guest suite. Whether you're enjoying the view from the large back deck or exploring the nearby trails, this home offers an unparalleled lifestyle in a sought-after community.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
X13022166
Bedrooms
6 (3 + 3)
Bathrooms
3
Size
1500-2000
Lot
137 × 175 ft
Cross streets
Great Oak Trail and Magnificent Way
Parking
3 garage · 6 parking (attached)
Driveway
Private Triple
Basement
Finished with Walk-Out, Full, Separate Entrance, Walk-Out, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,776 / 2026
Days on market
88
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

OtherLower7.06 × 1.60 m
BedroomLower3.40 × 3.48 m
DenMain3.66 × 3.33 m
BedroomLower4.95 × 3.63 m
KitchenLower4.57 × 7.32 m

Combined w/Dining

BathroomLower3.63 × 1.96 m

3 Pc Bath

Primary BedroomMain5.18 × 4.27 m
BedroomLower4.44 × 2.41 m
Living RoomLower3.66 × 4.57 m
BedroomMain3.33 × 3.33 m
KitchenMain5.49 × 7.01 m

Combined w/Dining

BathroomMain1.50 × 2.72 m

4 Pc Bath

BathroomMain3.35 × 2.44 m

3 Pc Ensuite

FoyerMain2.13 × 2.44 m
BedroomMain3.02 × 3.35 m
Living RoomMain1.80 × 5.79 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. GLOVER at MAPLE LEAF is about a 80-minute walk away.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Worth verifying
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$934kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1509 Main Street$699k318 10th Concession Road E$1.20M138 Rifle Range Road$950k297 Mohawk Road$795k25 Saveryn Road$1.03M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.20MThis home699k1.20M950k795k1.03MThis home vs active comparables
Live market pulseActive comparables in Binbrook · median list $1.05M
$685this home / sqft
7active listings nearby
88days on market

86 days longer than the Hamilton average (2 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Binbrook, Hamilton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

48/ 100

Somewhat WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: GLOVER at MAPLE LEAF, about 6.4 km away

1 grocery18 dining7 parks3 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Rural Glanbrook
$1.03M
Stoney Creek
$917K
Delta
$729K
Homeside
$593K
Parkview
$500K

Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$5,465/mo
$230KIncome needed
5.2×Price ÷ income
$1,261Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

91%mortgage
Mortgage $5,465Property tax $565Total carry $6,029

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,119per month

Mortgage amount $959,200 · 4.14% over 25 years

$239,800Down payment (20.0%)
$959,200Loan before insurance
$0CMHC premium
$5,683Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,119
Property tax
$565
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,683

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$20,455
Estimated closing costs
$20,455

Plus your down payment of $239,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,217/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$576,394Total interest paid
$1,535,594Total of all payments
Principal $959,200 Interest $576,394
YearPrincipalInterestBalance
1$22,471$38,953$936,729
2$23,411$38,013$913,319
3$24,390$37,034$888,929
4$25,410$36,014$863,519
5$26,473$34,951$837,046
6$27,580$33,843$809,465
7$28,734$32,690$780,731
8$29,936$31,488$750,796
9$31,188$30,236$719,608
10$32,493$28,931$687,115
11$33,852$27,572$653,263
12$35,268$26,156$617,996
13$36,743$24,681$581,253
14$38,280$23,144$542,973
15$39,881$21,543$503,093
16$41,549$19,875$461,543
17$43,287$18,137$418,257
18$45,098$16,326$373,159
19$46,984$14,440$326,175
20$48,949$12,475$277,226
21$50,997$10,427$226,229
22$53,130$8,294$173,099
23$55,352$6,072$117,747
24$57,667$3,756$60,080
25$60,080$1,344$0

At the end of your 5-year term

Total paid over the term
$307,119
Principal paid down
$122,154
Interest paid
$184,964
Balance remaining
$837,046

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,150/mo
$37,800Gross annual rent
2.1%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.2%
Gross yield
− Property tax $6,776− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $25,466

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.

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