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.

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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:

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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.

buying or selling a home in the GTA - Call Tony Sousa Real Estate Agent

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 $1,595,000
House For Sale in burlington, 2440 AUCKLAND Drive

2440 Auckland Drive

Burlington, Ontario

5 Bedroom 4 Bathroom 2397 sqft
Welcome to your smart home haven in The Orchard, one of Burlington’s most sought-after family neighborhoods. This meticulously maintained 5 bedroom, 4 bath gem combines comfort and convenience with state-of-the-art technology, letting you control your home with the press of a button. The kitchen, overlooking the backyard, features pot lights and a wine rack, perfect for meals and entertaining. It opens to the family room, with the living room separated by the dining room. The cozy living room, with a custom mantle, fireplace, and surround sound system, is ideal for relaxation and cinematic experiences. Upstairs, the bathrooms and bedrooms offer a modern look with California shutters, creating stylish retreats. The basement adds 905 square feet of finished space for entertaining or relaxation, featuring Wi-Fi-controlled lights and a custom TV credenza. Fitness enthusiasts will appreciate the dedicated workout room with rubber flooring, mirrors, and built-in shelves. Step outside to a private backyard retreat with a hot tub under the stars and a new cedar lean-to garden shed. Enjoy a tranquil setting with no rear neighbors. Many thoughtful updates have been made—please review the list to see all the enhancements that make this home exceptional. Step into this blend of luxury, technology, and comfort, and start envisioning your new life here today! (id:51158)
Homes for sale in Burlington
For sale $899,900
House For Sale in burlington, 2439 Barclay Road

2439 Barclay Road

Burlington, Ontario

2 Bedroom 2 Bathroom 1154 sqft
Beautifully appointed and lovingly cared for 2 storey semi-detached family home in one of Burlington's most desirable neighbourhoods! Offering approximately 1200 square feet of comfortable living space, this home boasts 2 spacious bedrooms, 2 full bathrooms, and a bright, open-concept main floor perfect for entertaining. Entertain guests in your sleek eat in kitchen, ideal for a cooking enthusiast complete with stainless steel appliances and generous counter space. At the end of a long day you'll unwind in the luxury and comfort of your own home spa in the beautifully designed lux 5 piece bathroom with enclosed glass shower, soaker tub and double vanity. The fully finished basement features a cozy gas fireplace, ideal for relaxing or hosting guests. Step outside to your own private oasis to a massive backyard with a large patio, perfect for BBQs or quiet evenings outdoors. The backyard also includes a handy storage shed for your convenience. The single attached garage adds additional storage or parking options. Location is everything! With quick access to the 403, commuting is a breeze. Enjoy nearby amenities like Burlington Mall for shopping, dining, and fitness dubs. Spend weekends at Central Park, explore the YMCA, or relax in one of the many parks along the picturesque lakeshore. This home combines comfort, convenience, and community in a prime Burlington location. Do not miss out! (id:51158)
Homes for sale in Burlington
For sale $1,499,000
House For Sale in burlington, 947 Easterbrook Avenue

947 Easterbrook Avenue

Burlington, Ontario

4 Bedroom 3 Bathroom 1309 sqft
Beautifully appointed bungalow in sought after south Aldershot location offering over 2,600sq' of finished living space. All upgrades done in the past 5 years including, kitchen, bathrooms, windows, roof, furnace, AC & more. Open concept layout makes this home great for entertaining. Main floor features living room with large picture window offering loads of natural light. Kitchen w/quartz counters, island & breakfast bar, 2 bedrooms with custom built-in closets & 2 full bathrooms including 4-piece ensuite. Room for large dining table and loads of additional storage for kitchen accessories. Basement offers larger windows, laundry, 2 bedrooms, 3-piece bath & huge rec room with ample room for hosting large gatherings. Private backyard with deck, shed and beautiful perennial gardens. Extra deep detached garage with hydro. Just steps to the lake, LaSalle Park & Marina, RBG, Burlington Golf & CC and quick access to 403, 407 and Aldershot GO. Nothing to do but move in and enjoy everything this home has to offer. (id:51158)
Homes for sale in Burlington
For sale $1,299,900
House For Sale in burlington, 5212 New Street

5212 New Street

Burlington, Ontario

5 Bedroom 4 Bathroom
Location, Location, Location! South Burlington Detached Home Situated In A Highly Sought-After Family Neighborhood. Walk to Top Ranked Pineland Public School [179/2975]. Finished Basement with Separate Side Door Entrance. Awesome Lot with an Inground Pool & Fenced Backyard, Perfect for both Relaxation and Recreation. Host summer Barbecues, create a play area for children and pets, or simply enjoy the outdoors in peace and privacy, this backyard has the space and potential to accommodate your Dream Backyard Vision. Awesome Large Lot 71 Ft X 100 Ft Opportunity to Build New Custom Home. Explore the Amazing Restaurants, Bakeries, Cafes, Shops, and Entertainment options that Burlington's Downtown area has to offer. Whether its a date night, a family outing, or simply enjoying a weekend stroll, downtown Burlington is full of life and excitement. This Home is conveniently located. Walk to the Lake, Schools, Parks & Shops. Minutes to Appleby GO, QEW, 403, 407. Close to McMaster University, Joseph Brant Hospital, Malls, Bronte Provincial Park, Trails, Recreational Arenas. (id:51158)
Homes for sale in Burlington
For sale $915,900
House For Sale in burlington, 2099 CHRISDON Road

2099 Chrisdon Road

Burlington, Ontario

2 Bedroom 3 Bathroom 1456 sqft
Welcome to this updated & upgraded Headon Forest Burlington FREEHOLD- no condo fee here! 2 bedrooms, 2.5 baths Townhome located in a quiet & mature neighborhood, close to wonderful schools parks & all amenities. 2 large beds include a huge Primary retreat with oversize ensuite, custom closets & doors. Main floor boasts a multi-functional Living room/dining room with vaulted ceiling, wide laminate wood flooring, modern galley style eat in kitchen, gas fireplace & walkout to entertainer’s private deck on a deep low maintenance fully fenced lot. Finished basement with ample storage provides another 650 of living space. A main level laundry & sunny front porch finish off this fantastic layout that has been abundantly updated inside and out! A wonderful opportunity for turnkey living w/NO condo fees, 3 car parking! (id:51158)
Homes for sale in Burlington
For sale $789,900
House For Sale in burlington, 2155 Duncaster Drive Unit# 19

2155 Duncaster Drive Unit# 19

Burlington, Ontario

2 Bedroom 3 Bathroom 1380 sqft
Discover this spacious two-storey townhome, offering 1,380 square feet of comfortable living space in a serene, park-side setting in desirable Brant Hills. Step into a bright and welcoming foyer that leads to a well-appointed kitchen with ample storage, a cozy living room featuring a gas fireplace, a dining room and a convenient two-piece bath. Enjoy direct access from the garage into the home for added convenience. Upstairs, you'll find two generously sized bedrooms, each with its own ensuite bathroom—ideal for privacy and comfort. The finished basement with gas fireplace offers additional living space with a walk-out to a private patio, perfect for relaxation or entertaining. A bonus storage room can easily double as a den or home office. Backing onto the peaceful Duncaster Park, this home offers a quiet, natural retreat while still being close to amenities, public transit and highway access. Recent updates include new bathroom toilets, sinks, faucets, and water shut-offs in 2022, as well as a new furnace installed in 2022. ADDITIONAL BONUS: Condo fees include snow removal and of each homeowner’s driveway and walkway and grass cutting and edging for each home. This is the perfect blend of comfort, convenience, and tranquility—make it yours today! Don’t be TOO LATE*! *REG TM. RSA. (id:51158)
Homes for sale in Burlington
For sale $745,000
House For Sale in burlington, 469 WOODVIEW Road Unit# 3

469 Woodview Road Unit# 3

Burlington, Ontario

3 Bedroom 2 Bathroom 1316 sqft
Located in the sought-after Dynes neighborhood, 3-469 Woodview Rd offers a family-friendly townhome perfect for those seeking comfort, convenience & lifestyle. This meticulously well maintained 3-bedroom, 1.5-bath gem is located in a quiet corner of the complex and backs onto greenspace making it ideal for families. The main floor offers a spacious living room with a walk-out to a private patio, plus a separate dining area that opens to an updated kitchen with stone backsplash, double corner sink and under cabinet lighting. Features include a convenient vestibule at front entry, California Shutters throughout, some hardwood flooring, master bedroom with double-door closets and Central Vac. The finished basement, complete with pot lights, provides extra living space, while the community pool adds family summertime fun. Close to schools, parks, and shops this home offers a prime location for the modern family. (id:51158)
Homes for sale in Burlington
For sale $2,999,999
House For Sale in burlington, 4316 Derry Road

4316 Derry Road

Burlington, Ontario

3 Bedroom 4 Bathroom 3010 sqft
Welcome to your secluded haven at 4316 Derry Road, Burlington, just minutes from Milton! This custom home on 10+/- acres boasts private walking trails and luxurious living. Seamlessly blending elegance with nature, this three-bedroom, four-bathroom villa is a must see! Enjoy captivating escarpment views and easy access to the Rattlesnake Conservation area. Indulge in the renovated kitchen with quartz countertops, alongside amenities like an indoor pool, sauna, tennis court, and pond. The hand-carved barnwood exposed beams throughout the home infuse a rustic charm, perfectly balancing with the modern updates that provide contemporary convenience and amenities. Recent upgrades, including newer windows and bathrooms, enhance the allure of this retreat. Recent enhancements such as a new carport (2024), exterior lighting, fire pit, freshly painted tennis court and pergola elevate the outdoor experience. NEC approval for 1698 square foot addition, details and drawings provided upon request. Updates in 2023 brought new flooring, carpets, and kitchen improvements, while the pool area was revamped in 2022-23. Don’t be TOO LATE*! *REG TM. RSA (id:51158)
Homes for sale in Burlington
For sale $1,695,000
House For Sale in burlington, 1336 MONMOUTH Drive

1336 Monmouth Drive

Burlington, Ontario

5 Bedroom 3 Bathroom 2464 sqft
Welcome to this stunning 2-storey home in the desirable North Tyandaga community. Nestled among mature trees, this property offers a stone walkway, beautiful landscaping, and a charming covered front porch. Inside, a spacious foyer welcomes you with a floating wood curved oak staircase, wrought iron spindles, and a stone feature wall (2022). Enjoy 2,927 SF of total finished living space. The main floor boasts hardwood floors, new tiles (2022), and a traditional layout with a formal dining room, coffered ceiling (2022), and pot lights. The large eat-in kitchen is completely renovated (2021) with a center island, quartz counters, SS appliances, and ample storage. Enjoy seamless indoor-outdoor living with sliding doors leading to a private, fully fenced backyard featuring a heated plunge pool, stone patio, deck, and firepit area—perfect for entertaining. Upstairs, the generous primary bedroom offers a walk-in closet and a luxurious 5-piece ensuite (2020) with a standalone tub and glass shower. Four additional bedrooms and a renovated main bath (2020) provide ample space for family and guests. The lower level, partially finished in 2020, offers a gym/recreation area. Recent updates include baseboards (2023), fresh paint (2023), and crown moulding (2022). Located minutes from trails, greenspaces, golf, amenities, and downtown Burlington, this home offers the best of both convenience and tranquility. Don't miss this opportunity! (id:51158)
Homes for sale in Burlington
For sale $1,795,000
House For Sale in burlington, 3339 MOSES Way

3339 Moses Way

Burlington, Ontario

5 Bedroom 5 Bathroom 2818 sqft
Welcome to Alton Village – A Stunning 2-Storey Luxury Home located in a highly desirable neighborhood! This gorgeous all-brick and stone detached home offers + 4,000 sq ft of luxurious living space (2,818 sq ft above grade, as per builder's drawings). With 4+1 bedrooms and 4.5 baths, including 3 full baths on the second floor. The main level features hardwood flooring, LED pot lights, and soaring 9ft ceilings. The living room is warmed by a gas fireplace and built-in speakers, perfect for cozy nights in. The kitchen is a chef’s dream, offering plenty of cabinets, stainless steel appliances, high-end finishes, a stone countertop, and an open-concept breakfast area with a kitchen island. The primary bedroom boasts a spacious double door entry, a large walk-in closet with a custom organizer, and a modern 5-piece ensuite with a bath tub, a walk-in shower, and a double vanity sink. A second bedroom features hardwood flooring, a 4-piece ensuite, and a custom closet organizer. The third and fourth bedrooms have access to the main 4-piece bath. The fully finished basement is an entertainer’s delight, with a spacious rec room and a bar, a 5th bedroom with a custom closet organizer and walk-in closet, a 4-piece bath with a standing shower, and an additional den. Outside, enjoy the convenience of a double car garage, a stamped concreate from the main entrance to the back yard. A prime location close to top-rated schools, amenities, scenic trails, lakes, and ponds. (id:51158)
Homes for sale in Burlington
For sale $1,549,900
House For Sale in burlington, 2059 Deer Run Avenue

2059 Deer Run Avenue

Burlington, Ontario

5 Bedroom 4 Bathroom 2260 sqft
Wonderful Opportunity to Own This Stunning Family Home in a Well Established Neighbourhood. Look No Further!! Enjoy Close to 3000 sqft of Well Designed Living Space. The OPEN CONCEPT KITCHEN has it all!! A beautiful WATERFALL QUARTZ ISLAND, Smart S/S Appliances and a Large Window Overlooking the Backyard. Entertain in The Freshly Renovated Family Room By The FIREPLACE. Retreat Yourself to The Lower Level and Savour Your Favourite Wine In The Espectacular Vintage WINE CELLAR. Lower Level Offers a Rec Room, Workout Room/ 5th Bedroom, Office Space, Full Bathroom and Tons Of Storage Space. The Master Bed Offers a Chic Walk-In Closet and A Stunning Recently Renovated Ensuite Bathroom With Frameless Shower. Recent Renovations Also Include the 2nd Bathroom on the 2nd Floor, Garage Door, Main Door, New Floor On The Main Floor and Basement and New Deck in Backyard. This Home Is Just a Short Walk Away From Groceries, Schools and Ireland Park. Buyer and his agent to verify taxes and measurements. (id:51158)
Homes for sale in Burlington
For sale $1,849,999
House For Sale in burlington, 313 Silvana Crescent

313 Silvana Crescent

Burlington, Ontario

4 Bedroom 3 Bathroom 1362 sqft
STUNNING CONTEMPORARY REMODEL! 4 level sidesplit in the revered Shoreacres neighbourhood! 3+1 bedrm, 2.5 bathrm, over 2600 sq ft of living space & is filled top to bottom with magnificent details. Open concept living space, gorgeous reconstructed vaulted ceiling, a sophisticated kitchen offers incredible attributes, large kitchen island, solid quartz countertop, floor to ceiling storage, smart tap & top of the line appliances. Main floor is complete with a modern gas fireplace, 4 skylights, a dining area & mudrm. Solid oak stairs lead up to the upper level feat. 3 spacious bedrms each with hardwood floors that have been sanded & restrained to match the main level. 5-piece bathroom with a rain shower head, double vanity, spa-like tub, & heated towel rack. The details continue to the lower 2 levels with a fully finished rec room with a walk-up, a cozy wood burning fireplace, spacious laundry room with an imported Italian sink. The compact powder room makes a big design impact with a unique curved wall & heated tile flooring. Another spa-like 3-piece bathrm with another rain shower head & accent lighting. The 4th bedrm has a large window & frosted glass window to open the space up. Industrial wine cellar has a floor to ceiling glass door for temperature control & an abundance of racks & shelving. Sitting on a desirable corner lot on a very quiet crescent with a stone interlock front patio. Located minutes from all amenities, communities centres, parks, schools & major highways. (id:51158)
Homes for sale in Burlington

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Guide to Selling Your House in Rockwood O

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