129 Magnificent Way, Hamilton, ON
Binbrook, Hamilton · MLS® X13516418
About this home
Welcome to 129 Magnificent Way in Binbrook. A detached two-storey Jewel model, delivering a rarely offered 3,000+ sq.ft. above grade on a beautifully matured lot. From the moment you enter, the layout impresses. A versatile front room easily serves as a formal dining room or refined home office, while the open-concept main level draws you toward the heart of the home. The bright eat-in kitchen is built for both function and gathering, featuring stainless steel appliances, generous cabinetry, and a servery perfect for your morning coffee ritual or effortless entertaining. The living room showcases a striking stacked stone gas fireplace, rising floor to ceiling and framed by custom built-in cabinetry, filling the space with warmth and character. Upstairs, four exceptionally spacious bedrooms offer far more room than you'd expect, giving your family space to truly grow, while the convenience of upper level laundry makes daily living easy. Newer high-end wool carpet along the stairs and second floor adds a touch of everyday comfort & luxury. The finished basement extends the living space with a spacious recreation room, kitchenette, sauna and abundant storage. Out back, the private, tree-lined yard is your personal retreat, where the concrete patio invites summer entertaining, quiet morning coffees, and late evenings winding down as the sun goes down. Set in a welcoming, family-friendly community within walking distance to schools, including French Immersion, and just minutes from parks, grocery stores, gym, shopping, and everyday amenities. A true one-of-a-kind home you won't find anywhere else. Welcome home.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- X13516418
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 3000-3500
- Lot
- 49.21 × 109.91 ft
- Cross streets
- Binbrook Rd & Great Oak Trail
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,909 / 2026
- Days on market
- 15
- Listing brokerage
- RE/MAX ESCARPMENT GOLFI REALTY INC.
Rooms
2 Pc Bath
4 Pc Ensuite
4 Pc Bath
Wet Bar
Listed at $1,099,500, this home is about 6% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.16M, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $1000K
- Size difference +$182K
- Bathrooms −$15K
- Adjusts to $1.17M
That comparable adjusts to $1.17M; the $1.17M estimate above is the median of all 7 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
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 78-minute walk away.
Total price vs nearby homes. Fair value about $1.17M, median of 7 comparables.
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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 12% below the area average of $385/sqft.
13 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Binbrook, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 6.2 km away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $879,600 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,694
- Property tax
- $576
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,270
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,465
- Estimated closing costs
- $18,465
Plus your down payment of $219,900. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $281,632
- Principal paid down
- $112,017
- Interest paid
- $169,615
- Balance remaining
- $767,583
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT GOLFI REALTY INC.. MLS®/PropTx.