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.

Date (Newest to Oldest) Date (Oldest to Newest) Price (Highest to Lowest) Price (Lowest to Highest) Beds (Highest to Lowest) Beds (Lowest to Highest) Baths (Highest to Lowest) Baths (Lowest to Highest)

Search / Filter Results

Search/Filter Properties

All Property TypesAgricultureBusinessHospitalityIndustrialInstitutional - Special PurposeMulti-familyOfficeOtherParkingRetailSingle FamilyVacant Land

All Transaction TypesFor LeaseFor RentFor SaleFor Sale Or Rent

All Building TypesApartmentCommercial ApartmentDuplexFourplexHouseMobile HomeModularMulti-FamilyMulti-Tenant IndustrialNo BuildingOfficesOtherParkingResidential Commercial MixRetailRow / TownhouseTriplexUnknownWarehouse

All Construction StylesAttachedDetachedLinkSemi-detached

Bedrooms

Min. 0 1 2 3 4 5 6 7 8 9 10 +

Max. 0 1 2 3 4 5 6 7 8 9 10 +

Bathrooms

Min. 0 1 2 3 4 5 6 7 8 9 10 +

Max. 0 1 2 3 4 5 6 7 8 9 10 +

Price

Min. $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,100,000 $1,200,000 $1,300,000 $1,400,000 $1,500,000 $1,600,000 $1,700,000 $1,800,000 $1,900,000 $2,000,000 $2,100,000 $2,200,000 $2,300,000 $2,400,000 $2,500,000 $2,600,000 $2,700,000 $2,800,000 $2,900,000 $3,000,000 $3,100,000 $3,200,000 $3,300,000 $3,400,000 $3,500,000 $3,600,000 $3,700,000 $3,800,000 $3,900,000 $4,000,000 $4,100,000 $4,200,000 $4,300,000 $4,400,000 $4,500,000 $4,600,000 $4,700,000 $4,800,000 $4,900,000 $5,000,000 $5,100,000 $5,200,000 $5,300,000 $5,400,000 $5,500,000 $5,600,000 $5,700,000 $5,800,000 $5,900,000 $6,000,000 $6,100,000 $6,200,000 $6,300,000 $6,400,000 $6,500,000 $6,600,000 $6,700,000 $6,800,000 $6,900,000 $7,000,000 $7,100,000 $7,200,000 $7,300,000 $7,400,000 $7,500,000 $7,600,000 $7,700,000 $7,800,000 $7,900,000 $8,000,000 $8,100,000 $8,200,000 $8,300,000 $8,400,000 $8,500,000 $8,600,000 $8,700,000 $8,800,000 $8,900,000 $9,000,000 $9,100,000 $9,200,000 $9,300,000 $9,400,000 $9,500,000 $9,600,000 $9,700,000 $9,800,000 $9,900,000 $10,000,000 +

Max. $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,100,000 $1,200,000 $1,300,000 $1,400,000 $1,500,000 $1,600,000 $1,700,000 $1,800,000 $1,900,000 $2,000,000 $2,100,000 $2,200,000 $2,300,000 $2,400,000 $2,500,000 $2,600,000 $2,700,000 $2,800,000 $2,900,000 $3,000,000 $3,100,000 $3,200,000 $3,300,000 $3,400,000 $3,500,000 $3,600,000 $3,700,000 $3,800,000 $3,900,000 $4,000,000 $4,100,000 $4,200,000 $4,300,000 $4,400,000 $4,500,000 $4,600,000 $4,700,000 $4,800,000 $4,900,000 $5,000,000 $5,100,000 $5,200,000 $5,300,000 $5,400,000 $5,500,000 $5,600,000 $5,700,000 $5,800,000 $5,900,000 $6,000,000 $6,100,000 $6,200,000 $6,300,000 $6,400,000 $6,500,000 $6,600,000 $6,700,000 $6,800,000 $6,900,000 $7,000,000 $7,100,000 $7,200,000 $7,300,000 $7,400,000 $7,500,000 $7,600,000 $7,700,000 $7,800,000 $7,900,000 $8,000,000 $8,100,000 $8,200,000 $8,300,000 $8,400,000 $8,500,000 $8,600,000 $8,700,000 $8,800,000 $8,900,000 $9,000,000 $9,100,000 $9,200,000 $9,300,000 $9,400,000 $9,500,000 $9,600,000 $9,700,000 $9,800,000 $9,900,000 $10,000,000 +

Open House

Search

LOADING

For Sale$1,154,990

370 Martha Street Unit# 2506

Burlington, Ontario

2 Bedrooms2 Bathrooms967 sqft

Experience luxury living at its finest in this spacious 2-bedroom, 2-bathroom penthouse condo, offering incredible views of Lake Ontario. Located in a highly sought-after neighborhood of Burlington, this home is the perfect blend of comfort, style, and convenience. Step inside and be greeted by an open-concept living area with large windows that flood the space with natural light and provide stunning panoramic lake views. The gourmet kitchen features high-end finishes, modern appliances, and ample counter space — perfect for both cooking and entertaining. The unit also includes 1 parking space for added convenience. Nautique Lakefront Residences offers exceptional indoor and outdoor amenities, including a sparkling swimming pool, a 20th-floor Sky Lounge with panoramic views, fire pits, a yoga studio, a fitness centre, and more, ensuring you'll enjoy a comfortable and active lifestyle. Located just a short walk from the lake, Spencer Smith Park, and downtown Burlington's vibrant cafes, restaurants, and shops, this 24-hour concierge building offers everything you need for a convenient and enjoyable lifestyle. Don't miss out on this incredible opportunity to call Nautique Lakefront Residences home! (id:51158)

For Sale$549,900

2030 Cleaver Avenue Unit# 213

Burlington, Ontario

2 Bedrooms1 Bathrooms1066 sqft

Premium Ravine Unit at Forest Chase- Location & Size Matter, this unit has BOTH! Almost 1100 sq ft of living space plus the private balcony overlooking ravine & forest- 2 parking spots & storage locker included- Corner Suite with spacious entry hallway leading to your sprawling open concept great room- Double Garden Doors to the West facing balcony where you can enjoy the “Muskoka” like forest views- BBQs permitted- Bright Main Bedroom with 2 large windows & Walk in Closet- Spacious 2nd Bedroom- 5 piece bathroom has double sinks- soaker tub & separate shower- Convenient in suite laundry- This pet friendly complex is meticulously maintained by a top property management company- Located in Headon Forest, one of Burlington’s most desirable residential neighbourhoods- Walking distance to schools, nature trails, public transit, grocery stores, medical, coffee shops, Restaurants and all the must have amenities. Close to all major highways, QEW- 407etr & Hwy 5 & Go Transit- Condo fees include building insurance, common elements, exterior maintenance, water & ample visitor parking. Compare the superior location to the others and see why ravine units are such a rare offering! (id:51158)

For Sale$1,425,000

2141 Cartier Crescent

Burlington, Ontario

4 Bedrooms3 Bathrooms3990 sqft

Welcome to this delightful 4-bedroom, 3-bathroom home that perfectly balances comfort and style in a sought-after family-friendly neighbourhood. The charming front porch creates a cozy space to savour your morning coffee or unwind in the evening, setting the stage for the inviting ambiance within. Inside, you'll discover bright and spacious living areas, ideal for both everyday living and entertaining. The modern kitchen features sleek finishes, abundant cabinetry, and a convenient breakfast bar. Upstairs, the generously sized bedrooms offer ample space for family and guests, with the primary bedroom featuring a private en-suite bathroom for your convenience. The finished basement provides a versatile area, perfect for a family room, home office, or personal gym. Outside, the beautifully landscaped yard offers plenty of space for play, gardening, or simply relaxing. Conveniently located near schools, transit, highways, and parks, this home truly offers the best of location and lifestyle! (id:51158)

For Sale$499,900

1800 Walkers Line Unit# 310

Burlington, Ontario

1 Bedrooms1 Bathrooms643 sqft

Welcome home to the Woodbridge Condos! This delightful, open concept, 1 bedroom, 1 bathroom condo is situated in a well established, beautifully maintained building, offering both comfort and convenience. This bright and spacious unit is well appointed with an airy bedroom complete with loads of natural light and ample closet space, a bright open kitchen with plenty of cupboard space, breakfast bar, dining area, in-suite laundry, a modern 4pc bathroom, and a spacious living room with walk-out to your balcony, perfect for enjoying your morning coffee! LOW condo fees ! Amenities include: Exercise room, party room, sauna, car wash, and visitor parking. Unit includes your private parking space and enclosed locker. Located in the vibrant Palmer area of Burlington, you will find everything you need just steps away from shopping and dining to entertainment. For commuters, you have quick access to highways and public transit is readily available. This is the perfect blend of urban living and accessibility - ideal for anyone seeking a dynamic yet comfortable lifestyle. Don't miss the chance to make this condo your own. (id:51158)

For Sale$785,000

500 Brock Avenue Unit# 302

Burlington, Ontario

2 Bedrooms2 Bathrooms785 sqft

Over 1,500 SQ FT of total living space - you're going to be blown away by this space! Experience one-of-a-kind luxury in this stunning 2-bedroom, 2-bathroom condo, perfectly situated just steps from downtown Burlington. The true standout is the rare and expansive private terrace, offering over 720 SQ FT of additional living space—an extraordinary feature that sets this condo apart from any other condo available in downtown Burlington. Inside you'll find a perfectly maintained and barely lived-in space with floor-to-ceiling windows that flood the living area with natural light, creating an airy and inviting ambience - Not only will you enjoy the sun beaming through your windows, but you'll also be able to view the sunset as it sets beyond the escarpment - This truly adds a touch of magic to your daily routine. This condo features top-of-the-line Energy Star appliances and custom electric blinds. Custom built-in closets provide ample, sophisticated storage solutions, while an owned locker ensures you have extra space for all your treasures. Not to mention, an owned parking spot. What's more to love?! (id:51158)

For Sale$519,900

2010 Cleaver Avenue Unit# 109

Burlington, Ontario

1 Bedrooms1 Bathrooms639 sqft

This condo is absolutely beautiful, you will love everything about it! This renovated space is 639 square feet and is situated in the Headon Forest area of Burlington. The thoughtful updates include easy care wide plank flooring, a modern kitchen with quartz countertops, valance lighting, stainless-steel appliances, and an updated bathroom with a new vanity and flooring (2024). The unit offers a cozy dining area and patio door leading to a private balcony where you can enjoy your own BBQ. This condo also comes with one underground parking space and a locker for all of your storage needs! Conveniently located near parks, shopping, schools, and public transit. Don’t be TOO LATE*! *REG TM. RSA. (id:51158)

For Sale$509,900

5240 Dundas Street Unit# B414

Burlington, Ontario

2 Bedrooms1 Bathrooms619 sqft

Welcome to the prestigious Link Condos, where iconic European-inspired architecture meets contemporary luxury. This upgraded one-bedroom unit in the award-winning ADI Link building boasts sleek modern finishes and an array of indulgent amenities designed to elevate your lifestyle. Enjoy serene ravine views from the rooftop terrace, perfect for entertaining or relaxing in style. Host memorable gatherings in the state-of-the-art demonstration kitchen or unwind with world-class spa amenities, including a sauna and a fully-equipped fitness center. Ideally located adjacent to Bronte Creek and just steps away from shops, dining, and easy access to major highways and transit, this residence offers unparalleled convenience. Additional on-site conveniences include a family clinic, pharmacy, and dentist within the main level commercial area. (id:51158)

For Sale$2,199,000

607 Edgewater Crescent

Burlington, Ontario

2 Bedrooms2 Bathrooms2892 sqft

Cottage living in the city! Rare waterfront opportunity awaits in one of Aldershot's most coveted neighbourhoods. Nestled next door to the Burlington Golf & Country Club and the Bay, this distinctive property boasts an expansive lot on a tranquil cul-de-sac. The lush backyard provides a private haven for outdoor enthusiasts with direct access to the harbour for boating and water activities. Enjoy panoramic lake views from a secluded patio just steps from the living room. The gourmet kitchen offers breathtaking bay views, while the open-concept layout effortlessly accommodates both casual family gatherings and formal entertaining. The main level features a bedroom, an office (which can be turned into a second bedroom) and a full bathroom, offering versatile living spaces to suit your needs. The lower level includes a spacious primary bedroom complete with walk-in closet and a well-appointed bathroom. Two double sided wood burning fireplaces. Jointly owned beach. A great opportunity to open up the front of the property by adding a circular driveway. Don't miss out on this unparalleled opportunity to own on the water - schedule your viewing today! (id:51158)

For Sale$499,500

5220 Dundas Street Unit# 312

Burlington, Ontario

2 Bedrooms1 Bathrooms584 sqft

Welcome to 5220 Dundas Street, Burlington – Luxury Living in a Prime Location! Step into this stunning condo at Link 1 by Adi Developments, where modern elegance meets contemporary convenience. Boasting an open-concept design, this 1-bedroom + den suite features soaring 9-foot ceilings and floor-to-ceiling windows that flood the space with natural light, showcasing sunset views of the Escarpment and beyond. The sleek kitchen is equipped with built-in stainless steel appliances, quartz countertops, and custom cabinetry, creating the perfect space for culinary adventures. The thoughtfully designed den offers versatile functionality – ideal as a home office, nursery, or even a dining room. The master bedroom features a custom closet and direct access to the shared ensuite bathroom, while the entire home is outfitted with stylish plank laminate flooring. Enjoy a wealth of amenities including a state-of-the-art fitness center, party room, outdoor terrace with BBQ facilities (id:51158)

For Sale$1,349,000

1150 Skyview Drive Unit# 52

Burlington, Ontario

3 Bedrooms4 Bathrooms3662 sqft

Welcome to Tyandaga Oaks! This detached home has been meticulously maintained with many updates throughout. Boasting 3600+ square feet of finished living space, you will not be disappointed. From the most dreamy living room, to a ginormous basement - this is the home for you! The open concept main floor includes separate living and dining rooms, half bath for your guests, main floor laundry and a family room that opens to a nicely updated kitchen. The kitchen features stainless steel appliances, quartz countertops and tons of cabinetry. The sliding door leads from the eat-in area to a lovely green yard, and raised deck. The second floor is presented by a gorgeous wood staircase, and includes 3 spacious bedrooms and 4-piece main bathroom. The generously sized primary suite has enough space for a king bed, walk-in closet and can even fit a seating area if you wish. The giant soaker tub is perfectly placed in the ensuite bath with new tile and vanity. The finished basement has a ton of storage, an extra 3-piece bath and so much space for a rec room, games room, office, etc. Many updates have been made throughout the home including new hardwood flooring, stainless steel appliances, bathroom vanities and tile, garage door, and back deck. There is ample parking - enough to fit 6 cars total, with easy access to all amenities and the QEW/403. This is one you do not want to miss - LETS GET MOVING! (id:51158)

For Sale$605,000

2093 Fairview Street Unit# 1702

Burlington, Ontario

2 Bedrooms2 Bathrooms809 sqft

Charming 2-bedroom, 2-bathroom corner suite in the Paradigm East Tower! This 809 sq.ft. unit offers a spacious, open-concept layout with abundant natural light. Ideally located just a short walk from downtown, the Burlington GO station, major highways, shopping centers, and a variety of restaurants. The primary bedroom includes an ensuite bathroom for added convenience. The unit features upgraded flooring, kitchen cabinets, quartz countertops, and stainless steel appliances. Enjoy the luxury of two separate balconies with spectacular views of the escarpment, lake, and downtown Toronto. The building is packed with amenities, such as a 24-hour concierge/security service, indoor pool, basketball court, sauna, fitness center, guest suites, party/media/games rooms, sky lounge, rooftop deck, outdoor fitness area, pet run/washing station, and underground visitor parking. Comes with one underground parking space. (id:51158)

For Sale$748,000

5260 Dundas Street Unit# C202

Burlington, Ontario

2 Bedrooms2 Bathrooms1281 sqft

Welcome to 5260 Dundas Street, Unit 202! This incredible Two-Bedroom, two Full-Bathroom condo includes One Parking and One Locker, nestled in the desirable Orchard neighbourhood.This stylish, upgraded two-story loft condo has so much to offer:Modern Open-Concept Kitchen: Featuring Quartz countertops, a Glass tile backsplash, upgraded Stainless Steel Appliances, a floor-to-ceiling pantry with ample storage, and a Central Island with an Eat-in area.Main Floor Bedroom: Features a large floor-to-ceiling window overlooking the terrace and park, bringing in natural light and serene views.Living Room: Boasts a stunning 20-foot high ceiling and a walkout to the terrace, perfect for enjoying the outdoor breeze.Upgraded Glass Staircase: Leads to the Second floor, where you'll find an spacious primary bedroom with a beautifully Upgraded Ensuite bathroom, a cozy reading nook, and a walkout to the private patio. The second floor also includes a convenient laundry area with upgraded washer and dryer, plus a walk-in closet for extra storage..Large windows throughout the unit provide abundant natural light, and the condo overlooks outdoor green space, offering plenty of privacy.The location is unbeatable just steps away from parks, trails, shopping, and restaurants, with easy access to highways and schools. Whether youre exploring the vibrant neighbourhood or unwinding at home, this space truly has it all.Dont miss your chance to make this stunning condo your new home. Book your private showing today! FRIDGE, STOVE, WASHER, DRYER, B/I DISHWASHER, All ELFS and All Windows Coverings (id:51158)