Burlington luxury home Buying

Home buyers in Burlington can expect a luxury home buying process that is a little different from the traditional process in 2023.

Here is a look at what buyers can expect.

In the Burlington real estate market, 2023 is set to bring a wave of changes that home buyers and sellers can experience. It’s no surprise that the past year has seen large shifts in the way buyers purchase homes and this is expected to continue in the future. In 2023, buyers in Burlington can expect a new, luxury home-buying process that differs from the traditional process already in place. In this article, we will look into some of the changes that may come in the next few years and what it means for buyers in Burlington.

Benefits of Living in and buying a home in Burlington

Before we delve into the new home-buying processes, let’s first take some time to understand what makes Burlington such an attractive place to live. This city offers plenty of amenities such as excellent schools, green spaces, local restaurants and cafes, lively pubs, shopping malls, and much more. Additionally, Burlington’s Lakeshore communities feature stunning waterfront scenery with picturesque views of the bay and bluff trails. The city is also home to several open parks and multi-use trails, making it perfect for young families and outdoor enthusiasts.

The Real Estate Market in 2023

Moving on to the real estate market in 2024, experts predict that things will only be getting better. Demand for homes in the Burlington area is expected to remain strong and inventory is expected to remain low. As a result, home prices are likely to continue rising. The average sale price in Burlington for a detached, single-family home was about $1,079,000 in 2020 and is expected to rise to $1.2 million in 2021.

The Luxury Home Buying Process in 2023

The new luxury home buying process in 2023 will involve increased services and support from local real estate agents. The best real estate agents will be very proactive in their approach by helping buyers find their dream home, negotiating price and staying in close contact with the lender for fast, successful closings. Here are some of the steps buyers can expect to go through in the upcoming process.

Research – When Buying a house in Burlington

The research process is arguably the most important step. This is when buyers should locate an experienced and qualified real estate agent, who can show buyers the best properties in their price range and also provide valuable market information. It’s also important to research lenders and available loan programs, if they haven’t already been pre-approved. Additionally, buyers should also consider their future living costs, start saving for a down payment, and, if necessary, get a mortgage pre-approval prior to the purchase.

Showings

Once buyers are pre-approved, their real estate agent can start to schedule showings for the properties that meet their criteria and match their budget. During the showings, buyers should make sure to take detailed notes and ask strategic questions of their real estate agent to ensure they are making the best decision for their needs.

Evaluation

The evaluation period is when buyers should closely inspect each property and thoroughly assess whether or not it is the ideal home for them. If the evaluation process reveals that it is the ideal home, buyers should THEN consider the following steps carefully:

Preparing an Offer

Now that buyers have identified the ideal home, they can begin preparing an offer. This step involves consulting with the real estate agent to decide whether to start by making a full-price offer or a low-ball offer. Buyers also need to provide a description of their desired closing date along with the earnest money they are willing to put down, which will typically range between 1–10% of the purchase price.

Negotiations and Counter-Offers

Once an offer is made, the seller will either accept it or make a counter-offer. Buyers should be aware that they have the option to counter-offer any proposed counter-offers from the seller. That said, buyers should always consider how much they are willing to pay for the property and be prepared to walk away if a counter-offer is too high for their budget.

Review and Signing

Once negotiations are complete and both buyers and sellers agree on the terms of the contract, the contract documents will be prepared for the buyer’s review and signature (typically done through a digital platform). Usually, buyers will have 24-48 hours to review the documents and discuss their contents with their agent. The agent will also review buyers’ closing costs, which are typically paid at the time of signing. Once both buyers and sellers have signed the documents, they will become binding and the sale will enter into its final phase.

Closing

The final phase prior to ownership is the closing of the sale. During this phase, buyers will be required to pay any closing costs that are due upon signing and submit their deed for recording at the local county clerk’s office. They will also need to arrange for any appropriate home inspections and other due diligence that may be necessary before finalizing the purchase. During this phase, buyers will also be given the opportunity to make a final walkthrough of the property to make sure everything is in order prior to closing.

In 2023, buyers in Burlington can expect to have access to a new, luxury home-buying process that is different from the traditional process. By doing their research, seeking out qualified real estate agents, carefully evaluating potential homes and being strategic when making offers, buyers can ensure that they make the right decision for their needs.

FAQ about Buying a House in Burlington

Q: What are the benefits of living in Burlington?
A: Burlington offers plenty of great amenities, such as excellent schools, green spaces, local restaurants, cafes, pubs, shopping malls, open parks and multi-use trails, and stunning waterfront scenery.

Q: What can home buyers expect from the real estate market in 2023?
A: Home prices are expected to remain strong in the Burlington area and rising. The average sale price for a detached, single-family home in Burlington was $1,079,000 in 2020 and is expected to rise to $1.2 million in 2021.

Q: How will the luxury home-buying process in 2023 differ from the traditional process?
A: Luxury home buyers in 2023 can expect to receive increased services and support from their real estate agents, who will be very proactive in helping buyers find their dream home, negotiating price and staying in close contact with the lender throughout the entire process.

Q: What steps should buyers go through when making an offer on a home?
A: Buyers should start by deciding on their earnest money amount and desired closing date, both of which they should discuss with their real estate agent in advance. Then, buyers should make an offer and may be required to make a counter-offer if the seller proposes one. Finally, buyers should review and sign the contract documents, which will then become legally binding.

Q: Is it important for buyers to do a final walkthrough of the property before closing?
A: Yes, it’s important for buyers to do a final walkthrough of the property before closing to make sure that the condition of the property still meets their expectations. This is the buyers’ last opportunity to address any issues or concerns before the sale is finalized.

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For Sale$749,900

608 Pinedale Avenue Unit# 42

Burlington, Ontario

5 Bedrooms2 Bathrooms1823 sqft

Don't miss this rare opportunity to own a stunning 4-bedroom townhouse in the desirable neighbourhood of Pinedale. This end unit features an attached single-car garage and an array of modern updates, making it perfect for families or professionals. Step inside to find an inviting open-concept living and dining area, seamlessly connecting to a semi-open kitchen ideal for entertaining. The freshly painted interiors and new light fixtures provide a warm and welcoming atmosphere throughout. The finished basement is a fantastic addition, offering an extra bedroom, a spacious recreation room for family fun, and a utility room for convenience. The tranquil back garden area is a perfect retreat. With Cat5e wiring installed in 2015, you'll enjoy seamless connectivity on every level, perfect for remote work or streaming. Recent upgrades enhance the homes appeal: new windows (2024), stylish exterior lighting and soffit (2021), and essential appliances including a newer fridge, dishwasher, stove, and range hood (2021), as well as newer washer and dryer (2023) . Plus, the refinished second-level wood flooring (2022) adds a touch of elegance. This townhouse is ideally located just minutes from schools, shopping centers, major highways, and public transit, making daily commutes and errands a breeze. With its unique features and prime location, this 4-bedroom unit won't last long. Don't wait to book your showing. (id:51158)

For Sale$1,899,900

308 Appleby Line

Burlington, Ontario

3 Bedrooms4 Bathrooms2945 sqft

Exceptional home! This custom-built home is only 2 years new and sits in the highly sought-after Shoreacres neighbourhood. This 2-storey home is 3+1 bedrooms, 3.5 bathrooms and is approximately 2250 square feet plus a fully finished lower level! The main floor consists of a roomy foyer which opens to a large formal dining room with coffered ceilings that is connected to the kitchen by a servery. The gourmet kitchen has a large island, stainless steel appliances, quartz counters, stunning white custom cabinetry and a beautiful backsplash. The kitchen opens to a spacious family room with a soaring 2-storey ceiling, a gas fireplace with feature wall and backyard access. There is also a powder room and functional mud-room with garage access! The second floor of the home includes 3 spacious bedrooms including the primary with a large walk-in closet and spa-like 4-piece ensuite. The 5-piece main bath includes access to both bedrooms and has dual sinks. There is also bedroom level laundry! The lower level includes a 4th bedroom, rec room, 3-piece bath, wet bar and plenty of storage! The exterior of the home includes a 4-car driveway, irrigation system, beautiful curb appeal and a large private backyard. A FEW of the features of this incredible home include: wide-plank engineered flooring on the main and upper levels, 9 ft smooth ceilings with pot lights throughout. (id:51158)

For Sale$4,998,000

136 Avondale Court

Burlington, Ontario

5 Bedrooms5 Bathrooms4038 sqft

Experience modern elegance in this stunning home, with over 5900 square feet of living space, located just steps from the lake on one of Burlington’s most prestigious streets. Offering 4+1 bedrooms, including two luxurious primary suites, and 5 bathrooms, this home is thoughtfully designed for both comfort and style. The gourmet kitchen features sleek stainless-steel cabinetry, a Wolf 8-burner stove with double ovens, and a spacious island, perfect for culinary enthusiasts and entertaining. Floor-to-ceiling windows fill the home with natural light, highlighting the rich hardwood flooring throughout. Upstairs, enjoy an expansive terrace with breathtaking lake views—a serene space for morning coffee and incredible sunrises. The lower level is a fully self-contained suite, complete with a kitchen, sitting area, recreation and games space, dining area, a bedroom, and a bathroom, making it ideal for guests or multi-generational living. The fully fenced backyard is a true oasis, featuring a saltwater pool, hot tub, BBQ area, and a cozy sitting area with a fireplace, perfect for outdoor gatherings or quiet relaxation. This exceptional property blends luxurious living, outstanding views, and a coveted location. (id:51158)

For SaleOPEN HOUSE$989,900

615 Turner Drive

Burlington, Ontario

3 Bedrooms2 Bathrooms1623 sqft

Extensively renovated 3-bdrm, 2-bathroom semi-detached home boasts over 1600sqft of beautifully finished living space nestled in highly sought-after Longmoor neighbourhood-perfect blend of charm & convenience! You'll fall in love W/stunning upgrades & thoughtful design! Gourmet kitchen W/white quartz counters that perfectly contrast the sleek solid wood cabinetry accented by intricate fishtail backsplash tiles. High-end S/S appliances, open shelving, convenient pot filler & pantry cupboard make this kitchen as functional as it is stylish. With direct access to backyard & patio its an entertainers dream! Open-concept living & dining area is warm & inviting W/wide-plank hardwood floors, pot lighting & window. Centrepiece of the room is floor-to-ceiling shiplap mantel complete W/electric fireplace. Dining area easily accommodates a large table making hosting dinner parties a breeze. Head upstairs to spacious primary bdrm W/his-&-her closets, hardwood floors & large window outfitted W/California shutters. 2 other bdrms feature hardwood floors, closet space & bright windows. Upper-level spa-like bathroom W/shiplap feature wall, vanity W/quartz counters & subway-tiled shower/tub. Professionally finished bsmt offers more living space W/versatile rec room perfect for movie nights or playroom. Bsmt bathroom W/dual vanity topped with quartz, curbless W/I glass shower & barnwood accent wall. Add'l room in bsmt is ideal for home office or gym! Step outside to spacious backyard oasis with stone patio, perfect for outdoor dining & lounging! Surrounded by mature trees & tall wooden fence, the yard provides privacy & safe space for kids & pets to play. Driveway accommodates parking for 3 cars. Just steps from Longmoor Park & walking distance to several schools. Less than 10-min stroll to Appleby Shopping Centre featuring Fortinos, LCBO, restaurants, shops & only 3-min drive to 403. Enjoy Lakeshore waterfront just 3-min away or indulge in shopping at Mapleview Mall only 11-min away! (id:51158)

For SaleOPEN HOUSE$664,900

2050 Upper Middle Road Unit# 179

Burlington, Ontario

4 Bedrooms2 Bathrooms1349 sqft

This spacious 4 Bedroom, 2 Bathroom Townhouse in the sought-after Brant Hills community comes with 2 owned convenient underground parking spaces and tons of updates. From your sunken living room with high ceilings and custom fireplace, featuring an accent wall built with reclaimed wood, to your backyard oasis with walkout deck backing onto the ravine, this home is not to be missed! The renovated kitchen (2018) boasts stainless steel appliances, custom cabinetry and quartz countertops. The home offers large principle rooms with plenty of living space for young and growing families, along with the unique downstairs media room (2022) renovated with soundproofing materials.The fantastic centralized location is within walking distance to St. Mark CES and Paul A. Fisher PS, Shopper's Drug Mart, FreshCo, Tim Hortons and a short drive to Costco & the QEW. Other Updates: Furnace (2022) & AC (2024) (id:51158)

For Sale$1,375,000

2243 Ingersoll Drive

Burlington, Ontario

4 Bedrooms3 Bathrooms1954 sqft

JUST Spectacular !! Totally Refurbished & Completely Renovated 3+1 Bedroom, 3 Bathroom Raised Bungalow in Sought After Brant Hills, Sitting on a Massive 50 x 160 ft Private Lot. This astonishing home has had absolutely no expense spared with this recent renovation with custom kitchen, custom bedroom cabinetry and all millwork throughout the home, completed by the prestigious & highly coveted Misani Custom Design. Spacious Open Concept Layout, thoughtfully designed and impeccably finished. Featuring Combined Living, Dining & Kitchen. Three Bedrooms on the main level, all with custom cabinetry & 4 piece family bathroom. The lower level offers a useful house powder room, a second living/family room, 4th bedroom with 3 piece ensuite bathroom as well as a sleek & practical mud room with inside access to the oversized single garage. Conveniently located for easy access to major highways, public transit, parks, trails & schools. This truly is a one of kind custom home on a massive lot and a unique offering & opportunity in Brant Hills. This Incredible Home Really Needs to be Seen to Appreciate the Quality of this Renovation, the Exceptional Design, Unparalleled Finishes & Thorough Attention to Detail. (id:51158)

For Sale$1,250,000

5021 Bunton Crescent

Burlington, Ontario

4 Bedrooms4 Bathrooms2486 sqft

Highly sought-after Orchard gem, 3+1 bedroom, 3.5 bathroom home on quiet crescent. Features include: separate living room with vaulted ceiling and Palladian window, open dining room, main floor family room, breakfast area and upgraded kitchen with quartz counters and backsplash, newer stainless steel appliances. Several upgraded windows and doors, carpet free, beautiful oak staircase to 2nd level. Large primary bedroom with WIC, 4pc Ensuite which includes laundry! The finished lower level features an in-law suite, perfect for multi-generational living & extended families. This includes a separate entrance, bedroom, 3 pc. washroom, kitchen, & its own laundry! The new patio doors open to a large composite wood deck in the private backyard. Excellent school district with access to parks, highways, shopping, restaurants and the GO! (id:51158)

For Sale$699,900

2052 Brant Street Unit# 2

Burlington, Ontario

3 Bedrooms3 Bathrooms1672 sqft

Welcome to 2052 Brant Street, Unit 2 in the Tyandaga Neighbourhood of Burlington. This lovingly maintained property has almost 1700 sq. ft. and a finished basement. The main floor has a living room, dining room, updated kitchen, a two-piece bathroom, and a family room with a gas fireplace and sliding glass doors to the patio. Upstairs, there is a huge primary bedroom with a walk-in closet, another closet, and a three-piece ensuite bathroom, and two more bedrooms and a four-piece bathroom. The basement has a den with a walk-in closet (no window), a huge rec room, a three-piece bathroom and a door to the underground garage with one parking spot. There is a 2nd parking spot at the front door of the unit. This well-run condominium complex backs onto the Tyandaga Golf Course, and has ample visitor's parking (located directly behind this unit), an indoor pool with a hot tub and sauna, and an outdoor patio behind the pool house. The condo fees are $625.52 and include exterior insurance, exterior maintenance, water, parking, and pool facilities. All appliances are included. Easy access to Tyandaga golf course, shopping, highly ranked schools and major highways for commuters. (id:51158)

For Sale$2,049,000

1351 Hazelton Boulevard

Burlington, Ontario

4 Bedrooms4 Bathrooms3852 sqft

RAVINE SETTING - One-of-a-kind 'TRIGIANI' built, brick, 4 bd, 4 bth home - nestled on a 60 x 144 ft premium lot. Too special to build the ordinary - designed for entertaining & building memories. EXCELLENT CURB APPEAL - UPDATED & METICULOUSLY maintained. Boasting Pride-of-Ownership featuring a SOARING VAULTED CEILING in the living room with a DRAMATIC STONE GAS FIREPLACE, a SUNFILLED 4 season SUNROOM with glassed-window walls bringing the outdoors inside. The 'chefs' kitchen has an abundance of counter space, 'Frigidaire' & 'Bosch' appliances, pantry, wine fridge & breakfast area - a large dining room for family gatherings. Richly panelled walls in the MAIN FLOOR OFFICE have plenty of built-in bookshelves, desk area & oversized window. A MAIN FLOOR HOME THEATRE has its own wet bar - movie night with the family! The primary bedroom offers a secluded area for peace & quietness with a walk-in closet, 5 piece ensuite, separate shower stall, soaker tub & double vanity. 3 remaining bedrooms, on a separate wing, are spacious with ample closet space. A full size basement has a recreation room, multi-purpose & exercise area, 3 piece bath, coldroom & utility room. The over-sized double car garage has plenty of storage space, in-side entry to the residence & inter-locking brick drive. The front, back & garden irrigation system has a roof censor monitor. Rear yard decking/HOT TUB. Quick access to area amenities such as Schools, Hwy's 5, 407 & 403, Places of Worship - SOUGHT AFTER AREA!! (id:51158)

For SaleOPEN HOUSE$1,199,900

4290 Longmoor Drive

Burlington, Ontario

4 Bedrooms2 Bathrooms1305 sqft

Highly desirable south-east Burlington location. Well maintained family home boasts, enlarged foyer, spacious updated kitchen with sunny eat-in dining area addition and sliding doors leading to a 2 tiered deck and private yard, living room and dining room with hardwood floors and California shutters, primary bedroom has triple closets and ensuite privilege, lower level features large family room with gas fireplace, 4th bedroom , and 3 piece bathroom. Close to GO station, hwy access, library , shopping, schools, and amenities. (id:51158)

For Sale$1,299,900

4236 Longmoor Drive

Burlington, Ontario

4 Bedrooms2 Bathrooms2537 sqft

Nestled within the serene ambiance of a mature neighbourhood, modern elegance boasts a complete turn key renovation inside and out. Meticulous attention to detail. Step inside to discover a thoughtfully designed open concept layout adorned with stylish finishes and hardwood floors that grace every level. The stunning kitchen with oversized quartz island with upgraded usb power outlets on both sides. High-quality stainless steel appliances, From the moment you enter, the attention to detail is evident in every corner- two shiplap fireplace units that add warmth and character to the living spaces. The heart of the home, the kitchen, is a chef’s dream, featuring a waterfall island, quartz backsplash, and smart appliances including a chic farmhouse sink. Bathrooms are transformed into spa-like retreats with heated floors, floating vanities, and LED mirrors. Modern amenities continue with glass railings, USB power outlets on both sides of the island, and floating his and her nightstands in the master suite. Outside, the new hot tub, deck, and gazebo create an idyllic setting for relaxation, all within the privacy of lush hedges. With a double garage and a driveway accommodating multiple vehicles, plus proximity to top schools, parks, grocery stores, and the Appleby GO station, this home offers the perfect blend of quiet suburban charm and urban convenience. (id:51158)

For Sale$1,395,000

3178 Philip Street

Burlington, Ontario

4 Bedrooms4 Bathrooms2682 sqft

Nestled in the heart of Burlington’s sought-after Headon Forest neighborhood, this stunning four-bedroom family home boasts a perfect blend of comfort and elegance. With an impressive 68-foot frontage and a double car garage, this property offers curb appeal in spades. Inside, you’ll be greeted by an abundance of natural light streaming through expansive windows that span the back of the home, highlighting its spacious, thoughtfully designed layout. The fully finished interior ensures every inch of space is beautifully functional and move-in ready. The location is second to none—family-friendly streets, top-rated schools, picturesque parks, and a short drive to downtown Burlington’s vibrant offerings. Newer roof and updated HVAC. Don’t miss your chance to make this exceptional property your forever home. Contact us today for a private showing! (id:51158)