Burlington luxury home Buying

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

Here is a look at what buyers can expect.

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

Benefits of Living in and buying a home in Burlington

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

The Real Estate Market in 2023

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

The Luxury Home Buying Process in 2023

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

Research – When Buying a house in Burlington

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

Showings

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

Evaluation

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

Preparing an Offer

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

Negotiations and Counter-Offers

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

Review and Signing

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

Closing

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

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

FAQ about Buying a House in Burlington

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

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

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

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

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

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For Sale$750,000

3480 Upper Middle Road Unit# 17

Burlington, Ontario

2 Bedrooms2 Bathrooms1092 sqft

This delightful two-bedroom, two-bathroom home boasts nearly 1,100 square feet of bright, open living space. With hardwood flooring through most of the main and upper levels, two stylishly updated bathrooms, and fantastic outdoor areas—including a deck on the main level and a walkout to a low-maintenance yard—it’s as functional as it is inviting. Nestled in a location that perfectly balances suburban serenity and urban convenience, you’ll love being just steps from Palmer Park, where playgrounds and open fields invite family fun and relaxation. For more scenic adventures, Millcroft Park’s beautiful trails are ideal for jogging, cycling, or a peaceful stroll. Everyday essentials are a breeze with Headon Forest Shopping Centre nearby, plus grocery stores like FreshCo and Fortinos just minutes away. Whether it’s shopping, dining, or commuting, everything you need is within reach. 3480 Upper Middle Road offers more than just a home—it’s a lifestyle. Don’t miss the chance to make this wonderful community your own! (id:51158)

For Sale$2,349,000

5071 Spruce Avenue

Burlington, Ontario

4 Bedrooms3 Bathrooms2744 sqft

Just steps from the lake, this custom designed home by architect Giorgio Frasca, located in South Burlington blends modern elegance with timeless charm, nestled on an extra deep ravine lot that backs onto the serene Appleby Creek. Offering both tranquility and convenience, this property is ideal for those who desire a peaceful retreat close to city amenities. As you step inside, you're greeted by a grand open-to-above entryway, creating a bright and welcoming atmosphere. The home features clean lines and sophisticated finishes throughout, showcasing the meticulous attention to detail and craftsmanship. The main level is highlighted by a chef’s dream kitchen, complete with high-end appliances and quartz countertops, making it the perfect space for both entertaining and everyday living. The seamless transition to the stunning private exterior offers a cottage-like experience, ideal for relaxing or hosting guests. Upstairs, three well-appointed bedrooms provide comfort and style. The master suite serves as a luxurious sanctuary, featuring two large windows with views of the beautiful ravine lot, a wall-to-wall closet, an additional walk-in closet, and an ensuite bathroom designed for ultimate relaxation. The two additional bedrooms overlook the main living area and share a convenient Jack and Jill bathroom. The fully finished lower level adds even more versatility to the home, featuring a spacious family room with large windows and a gas fireplace, a full bathroom, a laundry room with a separate entrance to the yard, and ample storage space. The size and layout work perfectly for either a single-family or multi-generational family, offering flexibility and room for everyone. Located close to the lake, shopping, and restaurants, this unique home offers the best of both worlds—a serene setting with easy access to everything you need. (id:51158)

For Sale$799,905

2935 Headon Forest Drive Unit# 39

Burlington, Ontario

3 Bedrooms4 Bathrooms1685.91 sqft

Welcome to this charming townhome located in the desirable Headon Forest community! This stunning 3-bedroom, 4-bathroom residence is designed for modern living and comfort. Step into an updated kitchen that will inspire your culinary creations, while the inviting family room, featuring a cozy wood fireplace, is perfect for relaxing evenings with loved ones. The elegant separate dining room, complete with a patio door, seamlessly connects to your private rear yard—ideal for summer gatherings and outdoor entertaining. Retreat to the spacious primary bedroom, offering a spacious 4-piece ensuite and a generous walk-in closet, ensuring you have all the storage space you need. The fully finished lower level is an entertainer's paradise, showcasing a recreation room, wet bar, and powder room—perfect for hosting friends and family. With additional storage and a cold cellar, you'll have room for all your essentials. Enjoy peace of mind in your fully fenced rear yard that backs onto tranquil green space, providing a serene escape right at your doorstep. This home also features two vehicle parking with a single-car garage, adding to your convenience. Best of all, you’re just a short walk away from shopping, coffee shops, schools, restaurants, GO Station and easy highway access. Don’t miss the chance to make this exceptional property your own—schedule a viewing today and experience the perfect blend of comfort, style, and community! (id:51158)

For Sale$749,900

608 Pinedale Avenue Unit# 42

Burlington, Ontario

5 Bedrooms2 Bathrooms1823 sqft

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

For SaleOPEN HOUSE$1,200,000

3480 Hannibal Road

Burlington, Ontario

3 Bedrooms2 Bathrooms2052 sqft

Absolutely gorgeous 2 storey, 3 bedroom home in the heart of Palmer, backing onto the newly redeveloped Landsdowne Park (splash pads/pickle ball/tennis, skating rink, and more). Meticulously landscaped, including lilac trees, Japanese Maple, dogwood, magnolias & an array of breath taking perennials.Totally renovated & updated from top to bottom, including windows, front entrance door, garage door, exterior stucco, eavestroughs & soffits, exterior under-lighting, hardwood floors, etc.Too many upgrades to mention. Bright eat-in kitchen with crisp, white cabinetry, quartz counters & stainless steel appliances. Open Concept Dining & Living Room, with custom gas fireplace & French doors opening to the back yard patio. 2nd floor boasts Primary bedroom with custom walk-in closet, 2 additional good size bedrooms & stunning main bath with steam shower, heated floor & dual sink vanity. Fully finished basement with large recreation room with 2nd gas fireplace, Laundry area, bonus room & Cold Cellar. Pride of ownership is clearly evident throughout all 3 floors. Family friendly neighbourhood with close proximity to excellent schools, parks, shopping & easy access to all major highways. Co-listed with Lesley Cumming, Sotheby's International Realty Canada (id:51158)

For Sale$1,399,000

957 Sanford Drive

Burlington, Ontario

2 Bedrooms2 Bathrooms2482 sqft

Pride of ownership shows in this spacious & unique brick bungalow that has been completely redesigned and rebuilt for the empty-nester lifestyle! The main level features gleaming hardwood & a large, open-concept dining room & living room w/ potlights, coved ceiling & gas fireplace. The TV den has a hide-away desk and is easily converted to a 3rd bedroom. The custom-designed kitchen has stainless steel appliances including a gas stove, built-in overhead microwave, solid oak cabinets and glass tile backsplash. The primary bedroom has a fully lit wall-to-wall closet and stacked washer/dryer right where it should be. The main bath is modern and tasteful with a large, glass-enclosed w/i shower and glass sink. A beautiful great-room addition (2008) features soaring, 15-foot ceilings and overlooks the inground, saltwater pool. The yard is beautifully landscaped w/ perennials, interlock patio, and outdoor kitchen w/ fridge & natural gas cooking with a retractable awning overhead. The basement would be a great inlaw suite or teen retreat, and has a full bathroom, kitchenette, bedroom and large recroom, as well as storage & utility rooms. The detached garage is fully-powered and big enough for both a car and small workshop. Other highlights include: soffett lighting, gutter guards, modernized front porch, pool heater 2022, yard drain, inground sprinkler system, 2 gas fireplaces, updated wiring and breaker panel, laundry on main, gas dryer, central vac, cold cellar, furnace and AC 202 (id:51158)

For Sale$1,899,900

308 Appleby Line

Burlington, Ontario

3 Bedrooms4 Bathrooms2945 sqft

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

For Sale$4,998,000

136 Avondale Court

Burlington, Ontario

5 Bedrooms5 Bathrooms4038 sqft

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

For SaleOPEN HOUSE$989,900

615 Turner Drive

Burlington, Ontario

3 Bedrooms2 Bathrooms1623 sqft

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

For SaleOPEN HOUSE$664,900

2050 Upper Middle Road Unit# 179

Burlington, Ontario

4 Bedrooms2 Bathrooms1349 sqft

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

For Sale$1,375,000

2243 Ingersoll Drive

Burlington, Ontario

4 Bedrooms3 Bathrooms1954 sqft

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

For Sale$524,900

2093 Fairview Street Unit# 408

Burlington, Ontario

1 Bedrooms1 Bathrooms560 sqft

Discover the highly sought-after Paradigm Towers! This stunning 1-bedroom unit boasts an open-concept design with 9-foot ceilings, a modern upgraded kitchen with quartz countertops, and a spacious contemporary bathroom. Situated on the 4th floor, this unique unit is one of only four in the entire complex that offers direct access to the outdoor terrace from its oversized balcony. Enjoy state-of-the-art amenities including a Sky Lounge, rooftop deck, outdoor BBQ terrace with tables and lounge seating, an indoor pool and sauna, a media room, an outdoor exercise course, a basketball court, guest suites, a games room, a pet washing station, main floor bicycle storage, and 24-hour concierge and security services. Perfectly positioned just minutes from Burlington's downtown waterfront, this location provides easy access to the GO Train Station, a variety of restaurants and cafes, Spencer Smith Park, and major highways QEW, 403, and 407. You'll also find all essential amenities nearby, including hospitals, shopping centers, schools, and parks. Don’t miss this opportunity to live in one of Burlington’s premier residences! (id:51158)