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Just Sold 560 Wilmot Line, Waterloo

๐Ÿ”ฅ JUST SOLD! ๐Ÿ”ฅ
๐Ÿก 560 Wilmot Line, Waterloo

Congratulations to both the seller and the buyer.
The market can be challenging, and we appreciate our clientโ€™s patience and trust throughout the process.

Melanie & Warren McNeil, REALTORSยฎ
Peak Realty Ltd., Brokerage

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Home safety rules do not always make headlines, but some changes are important to pause and take note of. As of January 1, 2026, Ontario updated its Fire Code to expand where carbon monoxide detectors are required in homes.

In this video, I walk through what has changed, who it applies to, and why it matters for homeowners, buyers, and sellers across Ontario. Here are the key takeaways:

What Has Changed Under the New Rules

  • Carbon monoxide detectors are now required on every level of the home, not just near sleeping areas.
  • This applies to homes with a fuel-burning appliance, a fireplace, or an attached garage.
  • The rules are already in effect as of January 1, 2026.

Which Homes Are Affected

  • Detached homes, semi-detached homes, townhouses, and cottages.
  • Condominium units where a fuel-burning appliance, fireplace, or attached garage is present.
  • In apartment and condominium buildings, public corridor requirements are handled by building management.

Carbon monoxide is colourless and odourless, which is why these updates focus on earlier warnings and safer exits. For many homeowners, this may simply mean checking existing alarms or adding an additional unit on another floor.

For full details, you can review the official Ontario government guidance here:
Ontario Carbon Monoxide Alarm Requirements (PDF)

Home safety is something Melanie and I always keep an eye on, especially when rules change quietly in the background. If you have questions about how these requirements apply to your home or a property you are considering buying or selling, feel free to reach out anytime.

Watch the full video above, and connect with us if you would like guidance or clarity around your next move in Waterloo Region.

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๐Ÿ“Š Waterloo Region Real Estate Update โ€“ December 2025

December wrapped up 2025 with a slower pace in the Waterloo Region real estate market, but the bigger story is how much conditions have shifted compared to this time last year. Hereโ€™s a quick look at what stood out in December:

  • ๐Ÿ  306 homes sold โ€” down 9.5% from last year
  • ๐Ÿ“ˆ Inventory up nearly 16% with 2.3 months of supply
  • ๐Ÿ’ฐ Average price: $716,911 (down 5.9% YOY, up 0.5% month-over-month)
  • โฑ๏ธ Average days on market: 45

Compared to December 2024, there are more homes to choose from, fewer sales, and longer selling times. That combination has shifted leverage toward buyers and created a more balanced environment than weโ€™ve seen in recent years.

Looking at the full year, 2025 finished with fewer sales, higher inventory, and softer prices across most property types. For buyers who have been waiting for conditions to ease, this market is offering more time, more choice, and more clarity heading into 2026.

If youโ€™re considering a move, Melanie and I are always here to walk through the numbers with you and help you understand what this market means for your next step.

https://wrar.ca/waterloo-region-housing-market-ends-2025-with-rising-inventory-and-declining-sales/

Waterloo Region
Melanie & Warren McNeil, REALTORSยฎ
Peak Realty Ltd., Brokerage
hello@teammcneil.com
519-590-3767 ~ 519-498-8118

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For many first-time buyers, winter feels like a challenging season to shop for a home. Snow, cold weather, and shorter days can make the process seem overwhelming. The truth is that winter can be a great time to buy, depending on your goals and what kind of experience you want.

In our latest video, I share a simple yes-or-no guide to help you decide whether winter is the right moment to begin your search. Here are a few highlights from the video:

When Winter Works in Your Favour

  • Less competition means you may have more breathing room during negotiations.
  • Cold weather reveals how well a home performs. Drafts, insulation issues, and heating quality are easier to notice.
  • Some sellers are motivated heading into the new year, which can create opportunities for buyers.

When Waiting for Spring Might Make Sense

  • Winter inventory is often lighter, which can limit your ability to compare different neighbourhoods and home styles.
  • Snow can hide important exterior features like roofs, decks, grading, and yard layouts.
  • Neighbourhoods feel very different in spring and summer. Some buyers prefer to experience the area without snow or ice.

Every buyerโ€™s situation is unique, and winter buying can work very well when you know what to look for. If you are considering a move this season, Melanie and I would be happy to walk you through your options and help you feel confident and prepared.

Watch the full video above, and reach out any time if you would like support with your first home purchase in Waterloo Region.

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๐Ÿ“Š Waterloo Region Real Estate Update โ€“ November 2025

November brought another month of cooling in the Waterloo Region real estate market, creating more space for buyers who have been waiting for better conditions. Hereโ€™s a quick look at what shifted last month:

  • ๐Ÿ  465 homes sold โ€” down 14.8% from last year
  • ๐Ÿ“ˆ Inventory up 15.6% and 3.4 months of supply
  • ๐Ÿ’ฐ Average price: $713,751 (down 5.4% YOY)
  • โฑ๏ธ Average days on market: 39

More inventory and longer selling times are giving buyers time to breathe, compare options, and negotiate with confidence. Detached, condo, townhouse, and semi prices all adjusted in different ways, but the overall trend shows a market that is still finding its balance.

If youโ€™re considering a move, Melanie and I are always here to walk through the numbers with you and help you understand what this market means for your next step.

Waterloo Region
Melanie & Warren McNeil, REALTORSยฎ
Peak Realty Ltd., Brokerage
hello@teammcneil.com
519-590-3767 ~ 519-498-8118

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Winterizing your house

When the temperature starts to dip, itโ€™s a good reminder to get your home ready for the colder months ahead. A few simple steps can make a big difference in how your home performs through the winter, especially here in Waterloo Region where the weather can shift quickly.

Checking for drafts around windows and doors is a great place to start. If you feel cold air slipping through, adding fresh weather stripping or a small bead of caulking can help keep the warm air in and the cold air out.

Itโ€™s also a good time to swap out your furnace filter. Clean filters help your system run more efficiently, and a quick service appointment helps make sure youโ€™re not dealing with surprises on the first really cold day.

Outside the home, disconnect and store your hoses. Make sure your exterior water lines are shut off so they donโ€™t freeze. Clearing your gutters is another simple step that helps melting snow drain properly as winter sets in.

And if you have a pressure washer or other equipment that shouldnโ€™t sit in a shed or cold detached garage, move it into a warmer storage spot to avoid damage.

Taking care of these small tasks helps protect your home and keeps things running smoothly all season long.

If a winter move is on your mind, reach out anytime. Iโ€™m Warren McNeil with Peak Realty Ltd., and together with Melanie, we help buyers and sellers navigate each step with ease across Waterloo Region.

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Just Sold 482 Wellington St N

๐Ÿ”ฅ JUST SOLD! ๐Ÿ”ฅ
๐Ÿก 482 Wellington St, Kitchener

Congratulations to both the seller and the buyer.
The market can be challenging, and we appreciate our clientโ€™s patience and trust throughout the process.

Melanie & Warren McNeil, REALTORSยฎ
Peak Realty Ltd., Brokerage

Read

Your offer is accepted. Now what?

This is the stage where a few small missteps can cause big headaches.

Here are the key things to avoid:

โ€ข Major financial changes

โ€ข Missing deadlines

โ€ข Skipping inspections or status reviews

โ€ข Oversharing with the seller or listing agent

โ€ข Assuming the deal is firm before conditions are wrapped up

Staying steady during this period helps keep everything on track for closing day.

Buying in Waterloo Region and want clarity at every step? We are here to help.

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Buying a home is exciting, but it can feel overwhelming without the right guidance. A buyerโ€™s agent is here to make the process clearer, safer, and a lot less stressful.

Here is what we help with:

โ€ข Understanding local market trends
โ€ข Finding homes that truly fit your needs, including new construction
โ€ข Navigating inspections, financing, and paperwork
โ€ข Negotiating in your best interests
โ€ข Keeping the entire process on track from start to finish

And here is something many buyers do not realize.
In most cases, our compensation is offered through the co-operating commission provided by the seller, which means there is typically no added out-of-pocket cost to you. We review everything clearly before you sign anything.

Having your own agent ensures your goals and your protection come first.

If you are planning a move in Waterloo Region and want support from day one, we are here to help you feel confident every step of the way.

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New property listed in 114 - Uptown Waterloo/North Ward, 1 - Waterloo East

We have listed a new property at 482 Wellington Street N in Kitchener. See details here

Timeless Charm Meets Modern Comfort in Kitchener. Step into this beautifully updated 3-bedroom century home, where charm and character meet updated modern convenience. Enter from the bright and sunny sunroom at the front of the home into the main floor foyer featuring original natural woodwork. A tastefully renovated kitchen (2019) features custom cabinets, granite countertops and stainless steel appliances, separate dining room with original parlour doors and living room with electric fireplace. Upstairs features 3 bedrooms, fully renovated (2019), enlarged and redesigned 4 pc bath with custom cabinets, updated fixtures, plumbing, walls, floors and wiring, and a walk up attic for added storage. Downstairs features a recroom and the laundry/utility area. Thoughtful upgrades throughout โ€” including wiring and electrical panel, furnace, A/C, roof, windows, siding and insulation โ€” this home offers peace of mind and enduring style. Outside features lots of parking, a garage, patio, yard and garden. Located in a prime central Kitchener location, youโ€™ll enjoy easy access to downtown amenities, major highways and transit. Embrace nature and history right at your doorstep โ€” just a short stroll to Woodside National Historic Site, one of Kitchenerโ€™s most cherished green spaces. Perfect for those who appreciate craftsmanship, warmth, and walkable living โ€” this home is ready to welcome its next chapter.

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Open House. Open House on Sunday, November 23, 2025 2:00PM - 4:00PM

Please visit our Open House at 482 Wellington Street N in Kitchener. See details here

Open House on Sunday, November 23, 2025 2:00PM - 4:00PM

Timeless Charm Meets Modern Comfort in Kitchener. Step into this beautifully updated 3-bedroom century home, where charm and character meet updated modern convenience. Enter from the bright and sunny sunroom at the front of the home into the main floor foyer featuring original natural woodwork. A tastefully renovated kitchen (2019) features custom cabinets, granite countertops and stainless steel appliances, separate dining room with original parlour doors and living room with electric fireplace. Upstairs features 3 bedrooms, fully renovated (2019), enlarged and redesigned 4 pc bath with custom cabinets, updated fixtures, plumbing, walls, floors and wiring, and a walk up attic for added storage. Downstairs features a recroom and the laundry/utility area. Thoughtful upgrades throughout โ€” including wiring and electrical panel, furnace, A/C, roof, windows, siding and insulation โ€” this home offers peace of mind and enduring style. Outside features lots of parking, a garage, patio, yard and garden. Located in a prime central Kitchener location, youโ€™ll enjoy easy access to downtown amenities, major highways and transit. Embrace nature and history right at your doorstep โ€” just a short stroll to Woodside National Historic Site, one of Kitchenerโ€™s most cherished green spaces. Perfect for those who appreciate craftsmanship, warmth, and walkable living โ€” this home is ready to welcome its next chapter.

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Luxury Acreage Living in Waterloo: Recent Article on 560 Wilmot Line

Waterloo doesnโ€™t just offer tech, universities, and neighbourhood charm. Every so often, a property comes along that highlights how much natural beauty and privacy still exist within the city limits.

Our listing at 560 Wilmot Line, Waterloo was recently featured on the Record.

Here is the article to continue reading further.

Melanie & Warren McNeil, REALTORSยฎ
Peak Realty Ltd., Brokerage

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