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$2,249,000

5427 Anthony Place

Burlington, Ontario

4 Bedrooms4 Bathrooms2472 sqft

Click More Photos for Matterport. This stunning custom-built (2023) net-zero ready home is offered at a price comparable to a basic code-built home, offering luxurious family-friendly living, with the utmost in function, comfort & energy efficiency. 2023:1st storey & 2nd storey. House is fortified with 14” approx. walls for superior insulation, built on existing foundation (1958) with full basement update (2023). White oak hardwood floors, w/master carpenter built focal walls/ceiling. Exterior: Maibec wood siding, clear cedar & stucco. Truly unique high-performance home is built using principles of the Passive House standard. Rheem hot water heat pump, Daiken air source heat pump, Hero-HRV, triple glazed windows, EV charger. Installation of solar could take the home to net-zero energy (reducing electrical bill). Sq ft: 2472 above grade, 1186 below (3658 gross). Main floor office, 3 large baths w/heated floors & large main floor powder rm. Upstairs: den/storage/play rm. Ceilings just under 9 feet. Oversized double & barn door closets. Kitchen: quartz counters, with 36” sink & Thermador appliances. Lower level: Oak wine cellar w/tasting table. Media rm w/16 speakers (basement & main floor). Wet bar/beverage center. Sound resistant bedroom/music rm. Upstairs laundry area w/ 9'6 counter for folding. Great room: eating & living area off kitchen. Mudroom w/double closets. Driveway paved ’23. Stone patio 23’9 x 16’10. Fully fenced (mostly double sided) Some rm sizes irreg. (id:51158)

For Sale$749,900

2007 James Street Unit# 1401

Burlington, Ontario

2 Bedrooms2 Bathrooms814 sqft

Discover luxurious living in the heart of downtown Burlington with this stunning brand-new condo. Featuring 2 bedrooms and 2 full baths, 1 parking space and 1 locker, this unit offers everything you need for comfortable city living. Enjoy breathtaking north-facing views from its premium terrace, perfect for relaxing and soaking in the vibrant city atmosphere. Residents of this condo have access to an indoor lap pool, yoga and wellness studio, roof top lounge with lake views, BBQ area, party and games room, fitness centre, guest suites, pet wash station, 24 hr security and more! Walking distance to restaurants, the waterfront, shops etc. Enjoy low maintenance living in a convenient location, this condo is an exceptional opportunity for those seeking a sophisticated urban lifestyle. (id:51158)

For Sale$2,750,000

5101 Mount Nemo Crescent

Burlington, Ontario

4 Bedrooms5 Bathrooms4580 sqft

Beautiful one-of-a-kind country property, more than 4,580 sq ft of living space, see attached floor plans. Four bedroom, four and half bath Raised Ranch just minutes north of Burlington. This property boasts two completely finished levels. Perfect for a large family, in-law suite or rental potential for the lower level. The main level has 3 bedrooms (one with a loft), the primary bedroom has a gorgeous ensuite and walk in closet, main floor bath, laundry, formal living and dining room, kitchen is spacious with loads of counterspace, 2 built-in ovens, and gas range. The lower level is fully finished with multiple walkouts. Full kitchen, family room, dining room and living room, one bedroom with ensuite, plus an additional bathroom and private laundry facilities, and 14 foot Olympic swim spa. (id:51158)

For Sale$760,000

1940 Ironstone Drive Unit# 304

Burlington, Ontario

1 Bedrooms2 Bathrooms802 sqft

Beautiful condo loft with 20 foot ceilngs in living room. Fantastic Burlington neighbourhood. One of very few loft units with 2 private outdoor spaces- oversize balcony on main floor (9.11'x9.11') approx. 100 s.f. and oversize terrace on 2nd floor (18.9'x10.8') approx. 200 s.f. Many common amenities including gym, party room, huge outdoor rooftop terrace with BBQs, visitor parking. One owned undergtound parking space plus convenient insuite laundry. No carpet, recently painted and decprated. Pets allowed. All appliances included. All sizes approx & irreg. (id:51158)

For Sale$1,299,900

5212 New Street

Burlington, Ontario

5 Bedrooms4 Bathrooms

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)

For Sale$1,795,000

3339 Moses Way

Burlington, Ontario

5 Bedrooms5 Bathrooms2818 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)

For Sale$1,849,999

313 Silvana Crescent

Burlington, Ontario

4 Bedrooms3 Bathrooms1362 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)

For Sale$989,000

2141 Ghent Avenue

Burlington, Ontario

3 Bedrooms3 Bathrooms1513 sqft

Behold a stately setting as you drive up to this 3 bedroom freehold end unit townhouse set back on a deep lot with mature landscaping and having a driveway that is 3 cars long. Inside, the bright and airy living room carries the ambience of light hardwood floors and a natural gas fireplace. The adjoining dining room overlooks the backyard, and is conveniently located at one end of a functional galley kitchen. Upstairs the primary bedroom has dual closets with organizers, and a full ensuite bathroom. Two other generous sized bedrooms and the main bath complete the upper level. The lower level contains a spacious but irregular-shaped recreation room, as well as a spacious laundry area. Located in a quiet neighbourhood with a walk score of 70, a transit score of 58, and a bike score of 80 (per walkscore.com) the property lends to a casual lifestyle living. Tend to the ample perennial gardens and relax in their splendor - the inground sprinkler system will keep them flourishing. The downtown core of Burlington, with it's myriad of restaurants, coffee shops and boutique stores are an easy walking distance, as are the waterfront pier and Spencer Smith Park. Commuting is a breeze, walk to the GO, public transit, or use your car for easy HWY access if you must. You owe it to yourself to check out this well loved home, make your appointment now, no regrets. (id:51158)

For Sale$2,250,000

431 Pomona Avenue

Burlington, Ontario

4 Bedrooms4 Bathrooms3935 sqft

One of a Kind Classic! 431 Pomona Avenue is a spacious classic home located at the end of a quiet street in South Burlington. This traditional center-hall colonial home has stunning curb appeal with its meticulously maintained gardens and a grand entryway. Situated on a spacious lot in the multimillion Roseland community, this property is a rare find and is ready for a new owner to make it their own. This highly desirable location offers easy access to downtown shops and restaurants, the Roseland Tennis club and is located in the Tuck & Nelson School districts, making it a suitable large family home. As you step inside, you'll find generous principal rooms that flow from the classic living and dining room into the large bright kitchen with skylight and large eating area. Located conveniently off the breakfast room is the cozy family room for casual gatherings. You will also find a classic front study with a wealth of bookshelves that could be used as a main floor bedroom. The owners have added a 3-piece bathroom with a shower on the main floor, This stately home totals 2,892 sq. ft above ground living space as well as an additional 1,043 of finished basement area. The second floor of this 4-bedroom home features a large primary bedroom suite with a 5-piece washroom and 3 double closets, all part of the 1988 addition. In addition to the original 3 bedrooms, there is an updated full bathroom with a glass shower and a bright second-floor laundry room with a skylight, utility tub, and sewing counter. The basement adds even more living space, with an all-purpose room, a full bath, a recreation room with a fireplace, and a large workshop and storage area. The property also includes a double garage with a mudroom entry and a private fenced-in yard full of mature trees and perennials. It's an opportunity not to be missed. (id:51158)

For Sale$535,000

1270 Maple Crossing Boulevard Unit# 603

Burlington, Ontario

2 Bedrooms2 Bathrooms970 sqft

Two bedroom condo for sale at The Palace in the Burlington core. This condo offers an open, bright layout and lots of space. Both bedrooms have access to the sunroom which would make a great computer niche. Well thought out updates including ceramic flooring, quality laminate, paint, baseboards and closet doors. The Palace has one of the most impressive lists of on site amenities including cardio and weight room, squash, tennis and racquetball court, bike storage, outdoor pool, ping pong, saunas and suntanning bed! Controlled entry and onsite concierge as well as plenty of visitor parking. Enjoy a true walkable neighbourhood! Just minutes to downtown Burlington with easy access to fine restaurants, boutiques and Burlington's waterfront trail. Public library and Performing Art Centre nearby. Wonderful area trails to support an active lifestyle. Convenient proximity to major highways, GO Station, and Mapleview Mall. Pet-free building. (id:51158)

For Sale$3,495,000

868 Danforth Place

Burlington, Ontario

5 Bedrooms4 Bathrooms3724 sqft

Welcome to executive lakefront living in south Burlington, the ultimate Muskoka in the city lifestyle! With unobstructed lake views, this California style hillside hideaway offers an impressive 227' deep, almost 1/2 acre lot, with 130 FEET of waterfront. Launch your kayak from your private dock, and watch the sunrise from the hot tub. This stunning, modern, fully renovated home, is your luxurious cottage in the city. 3724 sq. ft. on 3 levels, all with walk-outs in this incredible, unique property built into a hillside. The interior offers an open plan main level with Scandinavian style kitchen, living area with fireplace, dining area with breathtaking views, a bedroom and 3-piece bath. The middle level offers 3 more bedrooms including the primary with glamorous en suite, a 3rd bath, laundry room & dog wash! The lower level is a fantastic lounging space with rec room, fireplace, kitchen, fully equipped gym, and 5th bedroom with en suite. WATCH THE VIDEO & 3D TOUR! Pure peace and tranquility, but just minutes to endless amenities: shopping, restaurants, LaSalle Park, Burlington Golf Club, downtown Burlington & the beach, RBG & conservation areas, GO train & highway access. (id:51158)

For Sale$849,000

5188 Lakeshore Road Unit# 208

Burlington, Ontario

1 Bedrooms2 Bathrooms1230 sqft

Welcome to 5188 Lakeshore Rd #208, a rare gem in Burlington's sought-after Waterford Place. This elegant 1230 sq ft condo in the Elizabeth Gardens neighbourhood offers luxurious living just steps from Lake Ontario. This 2nd floor unit boasts a modern, exquisitely decorated interior with 9’ ceilings, crown moulding, and an abundance of natural light from oversized windows. The brand-new kitchen is a chef's dream, featuring white & grey quartz countertops, soft-close drawers & high-end stainless-steel appliances. The open concept design seamlessly connects the dining & living areas, where you'll find a cozy built-in shiplapped electric fireplace and two oversized sliding doors framed by custom-made drapes leading to a spacious balcony. A versatile den serves as the perfect home office/media room, while the primary bedroom offers a tranquil retreat with a large walk-in closet & luxurious 5pc ensuite, complete with a jetted tub & separate shower. Additional features include vinyl flooring, pot lights and professional storage systems in all closets. Residents enjoy access to an exercise room, party room, and visitor parking, as well as a beautiful lakeside gazebo & BBQ area. This unit comes with one owned parking spot & storage locker. Condo fees cover building insurance, common elements, heat & water, making this an easy-to-maintain home. Don't miss this opportunity to experience boutique condo living in an immaculate unit that combines modern luxury with tranquility by the lake! (id:51158)