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-familyOfficeOtherParkingRecreationalRetailSingle FamilyVacant Land

All Transaction TypesFor LeaseFor RentFor SaleFor Sale Or Rent

All Building TypesApartmentCommercial ApartmentDuplexFourplexHouseMobile HomeModularMulti-FamilyMulti-Tenant IndustrialNo BuildingOfficesOtherParkingRecreationalResidential 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$789,900

1564 Kerns Road Unit# 1

Burlington, Ontario

3 Bedrooms3 Bathrooms1965 sqft

Spacious end unit in desirable complex in Tyandaga. Landscaped, terraced lot. 3 walkouts to sundecks and fully fenced interlock patio. Amenities include pool and party room. Fees include water, driveway & road snow removal, exterior maintenance and parking. Lovely 5 level, backsplit floor plan with loads of features and ample storage, including family room with large above grade windows and gas fireplace. Primary bedroom with large ensuite and double closets in ensuite and walkout to balcony. Neutral paint and extremely well cared for. Approximately 1964 square feet of finished living area includes recreation room with walk out to rear patio. Pool in complex. Unit converted to forced air gas furnace with central air conditioning system, original electric baseboards are still in place but not in use. (id:51158)

For Sale$1,479,000

2245 8 Sideroad

Burlington, Ontario

3 Bedrooms2 Bathrooms1983 sqft

Welcome to your dream home in the village of Kilbride! This charming property is ideal for young families and professional couples alike. Recently updated, it features a modern kitchen and bathrooms that blend style with functionality. The bright, sunlit living room seamlessly flows into the dining area and kitchen, creating a warm and inviting space perfect for entertaining. The spacious family room, complete with a cozy gas fireplace and direct access to the expansive backyard, offers a perfect retreat for family gatherings. Kids will love the lower-level play area, providing them their own space to explore and have fun. Step outside to discover a vast backyard, a blank canvas waiting for your personal touch—ideal for creating your own outdoor oasis. Conveniently located within walking distance to Kilbride Public School, the library, tennis courts, and a lovely park, this home also offers easy access to major highways and local amenities. Don’t miss this fantastic opportunity to embrace life in this charming village at an incredible price. Let’s get you home! (id:51158)

For SaleOPEN HOUSE$1,999,900

389 Torrance Street

Burlington, Ontario

4 Bedrooms3 Bathrooms2065 sqft

Stunning century home just steps from downtown Burlington! This charming 4-bedroom, 2.5-bath beauty showcases stunning details throughout, including refinished hardwood flooring, rich wood trim, and solid wood doors. The kitchen is equipped with Heartland appliances, including a six-burner gas stove, and marble countertops. A sunken family room offers heated floors and a cozy wood-burning fireplace with a walk out to the back deck, while the formal living and dining rooms are perfect for entertaining. The second level features three spacious bedrooms, one with a walk-out terrace overlooking the lush backyard, plus a 4-piece main bath. The third-level suite offers a walk-in closet and luxurious 4-piece ensuite bath perfect for a nanny suite or teenager retreat. With two driveways accommodating up to 5 cars, a carriage-house-style 2-car garage, and an unspoiled lower level with side entrance, this home has future in-law suite or income potential. Beautifully landscaped, a cozy front porch and close to schools, parks, Lake Ontario, Spencer Smith Park, The Art Center, and all of downtown Burlington’s shops and restaurants. An absolute must-see! (id:51158)

For SaleOPEN HOUSE$1,549,900

2227 Deyncourt Drive

Burlington, Ontario

3 Bedrooms3 Bathrooms2603 sqft

Beautifully renovated Bungalow on a 65' x 124' private lot in the heart of downtown Burlington. Features include Main Floor Addition with gas stove, Primary Bedroom with 4 piece Ensuite and walk-in closet by Closet Envy, Open Concept Gourmet Kitchen and Fully Finished Lower Level. (id:51158)

For Sale$1,098,000

5032 Mercer Common

Burlington, Ontario

3 Bedrooms3 Bathrooms1600 sqft

Stunning, fully upgraded freehold end-unit townhouse backing onto a mature treed bike path – a rare find! This home welcomes you with a professionally landscaped front yard and perennial garden. Enjoy 2204 SF of total finished living space, meticulous throughout and featuring a single garage with inside entry. The main floor boasts crown moulding, hardwood floors, and living room with a linear gas fireplace framed by stone and wainscoting. The updated open concept eat-in kitchen showcases granite countertops, a stylish backsplash, pantry, newer stainless steel appliances, and a walkout to a private deck with views of green space and privacy screens. The 2nd floor offers engineered hardwood throughout, a charming loft/office, and a luxurious primary suite with a barn door to the walk-in closet, 4-piece ensuite and stunning feature wall. Two additional bedrooms share a spacious 4-piece bath. The fully finished lower level with separate walkout entrance features laminate flooring, a family room with a custom electric fireplace, built-in cabinets, and a laundry room. The fully fenced backyard provides a private oasis with a deck, patio, and views of mature trees. Just steps from parks, dining, transit, and minutes to the highway, lake, and schools – this home is move in ready! (id:51158)

For Sale$549,000

700 Dynes Road Unit# 1003

Burlington, Ontario

2 Bedrooms2 Bathrooms1181 sqft

Experience breathtaking park and lake views from every window in this beautifully and thoughtfully updated, newly painted, 2 bedroom suite in the highly sought-after 'The Empress'. Burlington's best kept secret! A prime and convenient location just steps away from parks, schools, bike paths, Burlington Centre and multiple grocery stores, with easy access to public transit, highways and the GO stations. This suite boasts 2 generously sized bedrooms, in-suite laundry, large storage room, brand-new efficient baseboard heaters and thermostats (2023/24) and newly installed luxury vinyl plank flooring (2023/24). Enjoy the perks of bicycle locking racks conveniently located near your underground parking space and a pet-friendly environment. The bright, spacious living and dining area features a cozy real wood-burning fireplace, access to a large 96 sq.ft. balcony with southern exposure and stunning treetop and lake views. Enjoy the year-round comfort of a brand-new, quiet and powerful ductless Carrier air conditioner (2023/24). The newly updated bathrooms (2023/24) offer lighted mirrors as well as updated vanities and toilets. The primary bedroom includes a double closet and an upgraded 2-piece ensuite. Many closets and ample storage throughout. Building amenities include 24-hour concierge and security, an outdoor pool, a BBQ/patio area, recently updated exercise room and sauna, a library/media centre, party room, games room, workshop, car wash facilities and visitor parking. The City‘s upcoming infrastructure improvements include protected bikeways on Prospect Street and resurfacing on Dynes Road and Prospect Street, making it an even more desirable place to call home. Don’t miss out on this gem! (id:51158)

For SaleOPEN HOUSE$2,499,000

2428 Lakeshore Road

Burlington, Ontario

4 Bedrooms4 Bathrooms2800 sqft

STEPS FROM THE LAKE WITH INCREDIBLE WATER VIEWS THROUGHOUT! This 3+1 bedroom (could easily be 4+2), 3.5 bath 2 storey home is situated on the south side of Lakeshore Road and is beautifully appointed throughout. The home is approximately 2800 square feet PLUS a finished lower level. The main floor boasts beautiful hardwood flooring, smooth ceilings with pot-lights and crown moulding throughout. The large updated eat-in kitchen includes a large peninsula, quality cabinetry, granite counters, a pantry, wine room and stainless-steel appliances! The kitchen is also open to the oversized family room with a gas fireplace and access to the private backyard with stunning views of the lake. The main floor features a large living / dining room combination with a second gas fireplace, powder room and garage access. The second level of the home includes 3 large bedrooms PLUS an oversized office / den with a private balcony and two full bathrooms. The primary bedroom includes a walk-in closet and a stunning 4-piece ensuite with heated flooring. The lower level has a large rec room, 3-piece bath, office/den, laundry room and ample storage! The exterior has been professionally landscaped and features a private yard with a large composite deck, great curb appeal and a double driveway with parking for 4 vehicles as well as a double car garage! This home is conveniently located close to all amenities and walking distance to Burlington’s core and all it has to offer! Beautiful lake viewing area at the end of the street to enjoy all the spectacular sunsets up close! (id:51158)

For Sale$1,649,900

5636 Bell School Line

Burlington, Ontario

4 Bedrooms2 Bathrooms

Imagine a charming 4-bedroom country home nestled amidst rolling escarpment views, offering a perfect blend of rustic charm and modern amenities. This idyllic retreat features 4 spacious bedrooms with large windows that allow natural light to flood in, creating a warm and inviting atmosphere. The kitchen is a cooks dream, equipped with state-of-the-art appliances and ample counter space, making it perfect for both everyday meals and entertaining guests. Outside, the highlight is undoubtedly the sparkling pool, surrounded by a beautifully landscaped garden that provides a serene escape from the hustle and bustle of daily life. The pool area is ideal for family fun, lounging in the sun, or hosting summer barbecues. With its combination of comfort, style, and tranquility, this country home is the ultimate sanctuary for those seeking a peaceful, country lifestyle, While still close too many desired amenities. (id:51158)

For Sale$474,900

1117 Cooke Boulevard Unit# A301

Burlington, Ontario

1 Bedrooms1 Bathrooms515 sqft

Welcome to A301 at 1117 Cooke Boulevard in the conveniently located region of Central Aldershot. This third floor south facing unit provides a beautiful view from the oversized patio and is just minutes from the lake. The main living space flows from the kitchen through to the living room with beautiful floor to ceiling windows. Off the living room is the bright and spacious bedroom and next door is the 4-piece bathroom with in-suite laundry around the corner. The perfect space for a professional or couple looking to have quick and convenient highway and GO Train access for work or a night out. Enjoy in-suite laundry, a sizeable locker and 1 designated underground parking space. Book your showing today and Let's Get Moving! (id:51158)

For Sale$1,799,990

2060 Lakeshore Road Unit# 1401

Burlington, Ontario

3 Bedrooms2 Bathrooms1276 sqft

RARE opportunity to own a high-quality prestigious waterfront 2 bedroom & a Den, 2 bathroom, 1270+ sqft condo in Downtown Burlington. Welcome to Bridgewater Private Residences. This luxurious corner suite features breathtaking views of Lake Ontario and downtown Burlington from an oversized private balcony, an open-concept state-of-the-art kitchen surrounded by floor-to-ceiling windows, and two large bedrooms with fully upgraded 4 and 5-piece en-suite bathrooms. Complimented by a bright and spacious Den, this condo truly has it all. Over $70,000 worth of builder upgrades including top-quality Thermador appliances, Barzotti cabinets, an oversized island with quartz countertops that chefs only dream of, a built-in fridge and convection oven, engineered hardwood flooring, custom lighting throughout, and custom wall and ceiling finishes. A 5-piece en-suite bathroom complements the primary bedroom overlooking Burlington downtown core. Enjoy perks such as access to the indoor pool, spa and restaurant at the attached Boutique Pearle Hotel. With 2 parking spots (with EV charger roughed-in) and a storage locker conveniently located in the underground garage, this unique property will exceed the highest of expectations. Book your showing today and get ready to be amazed. (id:51158)

For Sale$699,999

5070 Pinedale Avenue Unit# 402

Burlington, Ontario

2 Bedrooms2 Bathrooms1222 sqft

Discover this spacious 2-bedroom, 2-bath Split Layout condo in the heart of Burlington! Featuring an inviting eat-in kitchen with white cabinetry, stylish backsplash, open concept Living – dining area with Floor to ceiling windows overlooking green space walk out to the private balcony each bedroom has bathroom access & wall to wall closets, The solarium has direct access to the balcony and could serve as home office or flex space. Enjoy additional storage space for all your needs with large locker & 2 parking spaces included Located in a prime area, you're just moments from shops, restaurants, Fortinos, & easy highway access. This condo combines comfort and convenience, making it the perfect place to call home! Don’t miss out—schedule your viewing today! Numerous amenities & activities. (id:51158)

For Sale$2,199,000

2049 Country Club Drive

Burlington, Ontario

4 Bedrooms3 Bathrooms2000 sqft

Stunning home backing onto the Millcroft Golf Club fairway and pond! This elegant family home features 4 spacious bedrooms and 3 bathrooms on a gorgeous lot. The main floor is a traditional floorplan with rich hardwood flooring, 2 gas fireplaces, and separate living, dining, laundry, and family rooms. The kitchen features a large island, stainless steel appliances, double sinks, and granite countertops. Upstairs the large primary suite is complete with two walk-in closets and a 4-piece ensuite with a jetted tub. The fully finished basement includes a bar in the rec room for entertaining plus an abundance of storage. Outside find professionally landscaped gardens and the beautiful humpback kidney shaped in-ground saltwater pool overlooking the golf course. Don't miss your opportunity to see this beautiful Millcroft home! (id:51158)