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 $649,900

1940 Ironstone Drive Unit# 904

Burlington, Ontario

3 Bedroom 2 Bathroom 906 sqft

Beautifully updated 2 bed + den, 2 full bath condo in Burlington's hip Ironstone Building. Located on the south-west corner of the 9th floor, this unit has views of the lake to the south and the escarpment to the west. Tons of upgrades within the unit include a kitchen re-fresh with refinished cabinets, under cabinet lighting, new backsplash, quartz waterfall countertop with counter height breakfast bar seating. The den has been transformed into a bar with built in storage with a beverage fridge and a new fireplace feature wall in the living area makes this space a comfy retreat after a long day. New lighting throughout. New bathroom vanities and fixtures. The split bedroom design with two full bathrooms is ideal for a young family, roommates or working from home professionals. Tons of building amenities including rooftop patio, gym with yoga studio, games room, car wash and more! One parking space and one storage locker owned. (id:51158)
Homes for sale in Burlington

For sale $1,549,000

5247 Spruce Avenue

Burlington, Ontario

4 Bedroom 3 Bathroom 2293 sqft

Upscale Living in Desirable South Burlington – Rare to Find, Professionally Updated Top to Bottom Bungalow on a Large Lot (67.13ft back side x 122.22ft on the longest side). Two Full Bathrooms and 3 Skylights on Main Fl, High-End Finishes Including Caesar Stone Countertops with Amazing Centre Island, Stainless Steel Appliances, Hardwood Floors And Beautiful Landscaping. Nothing To Do but Move And Enjoy. Separate entrance to the Fully Finished Lower Level with Additional Bedroom, Kitchenette and Spa-like Bathroom. Great Neighbourhood, Walking Distance To The Lake And Many Amenities (id:51158)
Homes for sale in Burlington

For sale $525,000

457 Plains Road E Unit# 409

Burlington, Ontario

2 Bedroom 1 Bathroom 670 sqft

Discover the ultimate in luxury living with this top-floor gem! Bask in the glow of full southern exposure that floods your space with natural light and invites you to enjoy a sun-drenched, private balcony. Inside, you'll be captivated by the open-concept design featuring sleek quartz countertops, modern stainless steel appliances, and a charming 50 sq/ft patio, ideal for relaxing after a long day. Recent enhancements at Jazz Condominiums include a stylish communal BBQ area, a spacious party room, cutting-edge fitness facilities, and ample visitor parking, all designed for your comfort and convenience. Just moments from top shopping destinations like Mapleview, Ikea, and Fortinos, and within 2km of Aldershot Station, lush parks, scenic walking trails, and the prestigious Burlington Golf & Country Club, this location seamlessly blends convenience with leisure. Don't miss out—schedule your showing today! (id:51158)
Homes for sale in Burlington

For sale $1,499,900

3159 South Drive

Burlington, Ontario

3 Bedroom 3 Bathroom 1974 sqft

Discover this impressive home, offering 1,974 square feet of thoughtfully designed above grade living space on a private, beautifully landscaped lot in the heart of Roseland. Whether you're a growing family or looking to downsize without sacrificing comfort and style, this home has it all. Located in the highly sought-after Tuck/Nelson school district and just steps away from the serene Roseland Park, this property is perfectly positioned to offer both tranquility and convenience. The lot spans 73 by 115 feet, providing ample outdoor space, while the backyard’s western exposure ensures plenty of afternoon sun—ideal for enjoying the sparkling inground saltwater pool and outdoor entertaining. Inside, you’ll find a custom kitchen that’s as functional as it is beautiful, featuring high-end finishes and plenty of space for culinary creativity. The unique side-split layout offers a comfortable flow throughout the home, with spacious, light-filled rooms perfect for both everyday living and hosting guests. The home includes 3 well-appointed bedrooms and 2.5 bathrooms, providing ample space for family and visitors alike. Additional highlights include a double garage and recent updates throughout the home, including the roof, windows, pool liner, pool equipment, and a 200-amp electrical panel, ensuring peace of mind for years to come. (id:51158)
Homes for sale in Burlington

For sale $2,775,000

3040 First Street

Burlington, Ontario

3 Bedroom 2 Bathroom 2641 sqft

The Coach House. Beautifully updated character home in Roseland. Stunning, lush back yard with mature species: blue, pink, limelight hydrangeas, weigela, honeysuckle, pines. Extensive dark hardwoods. Sunroom with 3 walls of windows, gas fp., copper slate flooring. True divided lights French doors to large deck & pool. Open concept living & dining room w/ Ridley true-divided lights windows, dark hardwoods, Peterson gas fireplace. Original refinished side door w/ fold-down window. Front family room currently used as casual dining area. Heated floors in ensuite, sunroom, family room, kitchen. Pool shed, large garden shed. Upstairs: linen closet; hardwood: hallway & 2 bedrooms, carpeting in Master. Large ensuite w/ updated brushed nickel taps/rainshower. Laundry: renovated '23 (Gravelle cabinetry, quartz counter); washer, dryer, fridge summer '22. Kitchen cabinetry professionally resprayed June '24. Plentiful cabinetry. Maytag: fridge ('24), dishwasher ('20). Panasonic microwave '23. Granite countertops. Glass fronted cabinets, wine rack, breakfast bar. Wet bar. Heated vinyl pool 18 x 36 (pump & filter cartridges ('24). California shutters. Basement windows: 2022. Some rm sizes irreg; see floor plans or contact me. Most rads replaced w/ low profile baseboard heating & controlled by gas boiler. 2 electric baseboards. Beautiful light fixtures. Original unfinished basement, approx. 6'3 ceilings due to boiler pipes. 2 elect. baseboards. Seller is a Registrant. You Tube video '23 (id:51158)
Homes for sale in Burlington

For sale $464,900

3210 Dakota Common Unit# A601

Burlington, Ontario

1 Bedroom 1 Bathroom 517 sqft

Whether you're a young professional seeking a stylish urban retreat or a couple looking to downsize without compromising on luxury, this 1-bed, 1-bath condo with its south-facing view is sure to impress. Come experience the epitome of modern city living in this inviting oasis. Offers the perfect blend of modern convenience and cozy comfort. Featuring contemporary finishes and flooded with natural light. Stainless steel appliances, quartz countertops, and ample cabinet space. Schedule your showing today! (id:51158)
Homes for sale in Burlington

For sale $1,049,900

2145 Sandringham Drive

Burlington, Ontario

3 Bedroom 2 Bathroom 1203 sqft

3 bedroom back split in desirable neighbourhood with mature trees. The kitchen has newer cabinets and appliances. The dining room near the front door could also be used as a home office. There is much hardwood and ceramic flooring, also some laminate flooring. The master bedroom is spacious with double sliding doors to a quiet mature fully fenced yard. The 2nd entrance has direct access to the basement stairs and could be a private entrance to an in-law unit. The basement rec-room is large with a corner fireplace. 2 minute drive to Hwy 407 and 5 minute drive to Hwy 401. (id:51158)
Homes for sale in Burlington

For sale $949,000

370 Martha Street Unit# 309

Burlington, Ontario

2 Bedroom 2 Bathroom 928 sqft

Brand new and bright 2-bed, 2-bath condo with direct Lake Ontario views, 928 sq ft of living space, a Juliette balcony, and floor-to-ceiling windows. Enjoy an upgraded kitchen with Whirlpool appliances, porcelain countertops/backsplash, and kitchen island. In-suite laundry and window coverings installed throughout. The primary bedroom features lake views, double closets, and a 4-piece ensuite, while the second bedroom includes double closets and ensuite privileges to a 3-piece bathroom. This unit also includes one underground parking spot and one locker. Building amenities include gym, party room, rooftop patio, outdoor pool, and 24-hour concierge. Walk to lake, restaurants, and shops. Move in and enjoy! (id:51158)
Homes for sale in Burlington

For sale $1,429,000

1227 Lockhart Road

Burlington, Ontario

4 Bedroom 3 Bathroom 1613 sqft

Step into a storybook setting with this bright, welcoming century home, nestled on an oversized lot in one of Burlington's most desirable neighbourhoods. A blend of classic charm and modern touches offers a rare opportunity to own a piece of local history while enjoying contemporary comforts. The 126ft frontage features a beautifully landscaped garden with a picturesque magnolia tree—perfect for morning coffees or afternoon gatherings. A classic wrap-around porch highlights the home’s Craftsman charm. Inside, coffered ceilings and natural gumwood trim painted white, enhancing the bright, airy feel. The updated kitchen with a breakfast bar combines style and functionality. The main floor features a primary suite, while upstairs, additional bedrooms offer cozy, customizable spaces. Outside, a two-tiered deck, pergola, and outdoor kitchen create an entertainer's dream, seamlessly extending your living space into the lush backyard. With ample parking and room for expansion, this property is ideal for those who value privacy and growth potential. Steps from the lake, downtown shops, Jo Brant Hospital, and top-rated schools, this home offers more than just a place to live—it’s a lifestyle. A residence with heart and history, waiting to welcome you home. (id:51158)
Homes for sale in Burlington

For sale $1,999,900

2062 Gordie Tapp Crescent

Burlington, Ontario

5 Bedroom 3 Bathroom 3148 sqft

A must see Millcroft Gem, this home’s spaciousness will impress! Several updates and upgrades are evident in this 4+1 bed, 3 ½ bath home. The open concept main floor includes: maple kitch cupboards & stainless appliances b/i ovens, large prep island with sink and room for seating, spacious dining area, great room with h/w floors & gas f/p with view of yard, sliding doors to enclosed patio with retractable screens. In-floor heating, flat ceilings, pot lights and tasteful light fixtures throughout. Main floor also includes separate substantial office space. Lower level is fully finished and includes additional bedroom plus 3pc bath, plenty of organized storage areas. H/W floors on bedroom level, primary bdrm with builtins and ample closet space, 5 pc bath. Home is finished with concrete drive and walkways, sprinkler system and insulated oversized double garage, gas bbq hookup, & security system. Roof 2016 (id:51158)
Homes for sale in Burlington

For sale $1,699,000

2065 William O'connell Boulevard

Burlington, Ontario

4 Bedroom 4 Bathroom 2110 sqft

The minute you pull in the driveway you will see how well kept this beautiful home is in Millcroft . The backyard is so tranquil , relax in the hot tub or enjoy a BBQ. This well kept 4 bedroom, 4 bathroom home has a updated furnace n air conditioner(2018)roof replaced (2014), updated garage doors n garage door openers. Fully finished basement with large rec room, gas fireplace and bathroom. Short walk to bus stop, coffee shops, restaurants ,banks, grocery stores , Rec Center with a pool or just enjoy a walk around your beautiful neighbourhood. Nothing to do but just move in and enjoy (id:51158)
Homes for sale in Burlington

For sale $525,000

5090 Pinedale Avenue Unit# 503

Burlington, Ontario

1 Bedroom 2 Bathroom 833 sqft

Pristine! Bright! Open! Stunning One Bedroom + 1.5 Baths. Sought after Pinedale Estates with lush landscaping, BBQ, plenty of visitor’s parking and a sense of Community. Quality Oak Kitchen with granite c/tops. Beautiful bathrooms. Spacious Living/Dining Rooms and Bedroom open onto large balcony overlooking the peaceful park-like setting. In-suite laundry. Easy access to the elevator form both the suite and parking spot. Extensive amenities: Indoor pool, sauna, party, exercise, billiards, crafts and golf rooms, library and outdoor car wash. Pay per-use EV charger. Absolutely immaculate non-smoking building, no dogs allowed. Bell Fibe Internet. Close to L. Ontario, “Go” and shopping. Move in and relax. Note Liv/Din Rms & Bed virtually staged. (id:51158)
Homes for sale in Burlington

Open Modal

×