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 $665,000

3050 Pinemeadow Drive Unit# 56

Burlington, Ontario

2 Bedroom 2 Bathroom 1131 sqft

This spacious condo in a well-maintained low-rise building offers an expansive and inviting living space, perfect for comfort and entertaining. Gorgeous hardwood floors extend through the living areas and bedrooms, adding a touch of elegance. A spacious and open layout includes a large living room, dining area, and a versatile office/den nook. The eat-in kitchen is ideal for both cooking and enjoying your coffee and morning breakfast. Patio doors lead to a private, tree-lined balcony perfect for relaxing or barbecuing. With two generously sized bedrooms and two full bathrooms, this unit has all the “I want’s” including a large walk-in closet. Additional storage is thoughtfully integrated throughout, including a spacious laundry room. Situated in a prime location, this condo is within walking distance to local shops and a serene park and offers easy access to major highways and bus route. All this makes this condo an exceptional choice for those seeking both comfort and convenience. (id:51158)
Homes for sale in Burlington

For sale $974,400

2450 Malcolm Crescent

Burlington, Ontario

3 Bedroom 2 Bathroom 1574 sqft

Welcome Home to this lovely 3 bedroom 2 bath home, in beautiful Brant Hills! Bright and sunny kitchen with a suite of 4 appliances including gas range, new sliding door and cozy breakfast nook with bench seating and storage! Freshly painted main floor with new flooring throughout, enjoy the living room with large window and separate dining room for entertaining! Extra large Master Suite with double closets, large windows and wainscotting accent wall. 2 other generous bedrooms with closets and a 4pc main bathroom with vanity and tub/shower combination. Exceptionally fully finished lower level offering a full recreation room with gas fireplace, wall to wall storage shelves with built-in desk, exercise space, another seating nook plus, storage room! Backyard features afternoon sun on the large deck for all your summer entertaining and sun shades for extra privacy, beautiful perennial gardens and storage at the side of the yard plus gate. Double wide interlock front driveway with a single attached garage plus, a bonus breezeway for extra storage! Updates Include: Roof 2017, AC 2022, new sliding door, flooring. All ready to just move in and enjoy! Shopping, restaurants, schools, parks, Activity Centre, gym and Hwy access within minutes. Great neighbours too and Great family home! Come soon to view - it won't LAST !! (id:51158)
Homes for sale in Burlington

For sale OPEN HOUSE $1,599,900

3005 Headon Forest Drive

Burlington, Ontario

5 Bedroom 4 Bathroom 3800 sqft

Beautiful 5 bedroom, 4 washroom home in popular Headon Forest area. Stunning gourmet kitchen renovation ('17) with a huge centre island, farmer sink, prep sink, double wall oven, gas stovetop with pot filler, wine fridge, stainless steel appliances and more. You won't find many kitchens like this and it overlooks a sunken family room. $150,000 main floor renovation. Main floor has hardwood & ceramic flooring and main floor laundry room has access to double garage as well as side yard. Up the hardwood staircase ('22) you will find 5 good sized bedrooms with laminate flooring ('22). Master bedroom features a walk-in closet with organizer as well as an ensuite with separate shower and oval bath. Main bathroom is very nicely renovated. The basement is finished and a great place to entertain with a dry bar, recreation area with a gas fireplace, 2 pc washroom, a games room, a large cold cellar and two storage rooms. The backyard is also made for entertaining on those sunny summer days! You will find an onground salt water pool with room for different sitting areas, an electric awning and a garden shed that can double as a dry bar with electricity..Pool pump (23), Pool gas heater('22),Salt water clorinator ('22), Roof reshingled('17),Most windows (approx '09) gas furnace & central air ('22), front door, back door & kitchen window('17) electrical panel ('17), extra attic insulation ('19). Close to Newport park, public transit, shopping, schools, great location! (id:51158)
Homes for sale in Burlington

For sale $509,000

4005 Kilmer Drive Unit# 409

Burlington, Ontario

2 Bedroom 1 Bathroom 728 sqft

Welcome to Tansley Woods in Burlington where you’ll fall in love with the vaulted ceilings and large windows with lots of natural light in this 1 bedroom plus den that’s big enough for a second bedroom or home office. Large primary bedroom with double closets. The den is finished with French doors and a bay window to sit and enjoy a book. Open concept with lots of counter space in the kitchen, new appliances, light fixtures and tons of storage. Private, covered balcony off the living area that allows BBQ’s. Full 4-piece washroom and in-suite laundry. Great location near parks, restaurants, schools, shopping, walking and biking trails plus a short 2 minute drive to the QEW. (id:51158)
Homes for sale in Burlington

For sale $899,000

370 Martha Street Unit# 1302

Burlington, Ontario

2 Bedroom 2 Bathroom 769 sqft

Experience Luxury Living In This Pristine Nautique Lakefront Residence, Never-Lived-In Model Unit Nestled In The Highly Coveted Brant Neighbourhood. Boasting A Spacious Layout, Featuring 2 Bedroom with 2 Full Baths Has 749Sqft Of Living Space And A Balcony W/Views To Dream Of. This Unit Has A Modern Kitchen, Accentuated By High Ceilings, And Boasts Unobstructed, Awe-inspiring Views of The Lake. World Class Amenities, Indoor Pool, Party Room, Exercise Room With Yoga Studio. Walking Distance To Spencer Smith Park, Restaurants, Coffee Shops, Shopping Centres, GO Station, Public Library. enjoy the indoor and outdoor building amenities, Included Bell Internet Package, Adi Smart Home Tech Package (id:51158)
Homes for sale in Burlington

For sale $514,900

1276 Maple Crossing Boulevard Unit# 1508

Burlington, Ontario

1 Bedroom 1 Bathroom 720 sqft

It’s all included in the price price! A storage Locker, Parking Space, Gym, Swimming Pool, Squash/Racquet/Tennis Courts a Fabulous Million Dollar View of Lake Ontario and the Escarpment for ½ the price of properties with the same view on Lakeshore Road in downtown Burlington! Some days you can even see the Toronto skyline. An exquisite 1-bedroom plus den unit with an abundance of natural light flooding through floor-to-ceiling windows in every room. A breakfast counter, dining room and spacious living room are great for entertaining guests. A bright Den is a great place to work or read. The bedroom space allows for many bed suite sizes and offers ensuite privileges to a 4 pc bath. The laundry suite is inside the unit is a major convenience! Now here is the best part the condo fee includes the heat, hydro, cable tv and water! (id:51158)
Homes for sale in Burlington

For sale $2,228,000

769 Old York Road

Burlington, Ontario

4 Bedroom 3 Bathroom 2730 sqft

Experience refined rustic living in this stunning, one-of-a-kind preserved stone bungalow, truly a must see to appreciate its warmth & character, sitting on 2 green acres of level, mature treed privacy Over 2700 sqft of main floor living, this 4-bd/3-bth rare gem showcases a central kitchen w large island, ss appl, wall oven, ample storage & large walk out to stone patio Boasting timeless wood floors, exposed stone walls, you’ll appreciate sunsets in the vaulted great room w warm wood trim, gas fp and wrap around view. At this end of the home find 2 spacious bdrms, exceptional new 4 pc bth, newer main flr laundry w built-in storage & deep steel sink Original living room features historic stone fp creating a warm, inviting home office or reading room Private, cozy primary bdrm w southern exp, walk-in closet, ensuite w dual sinks & custom shower with a view Finished basement offers additional large bedroom w sitting area & its own new 3 pc bath Step outside to private fenced backyard retreat, 20x40 inground pool, stamped concrete sun deck, hot tub, perennial gardens & lush fish pond The larger back yard suggests you invite the gang over to enjoy a fabulous stone campfire area, lit volleyball net, inground trampoline, 50amp workshop w added parking, steps to Bruce Trail. Dual zoned, this property even offers hobby farm potential This Country in the City homestead is conveniently located w quick access to 403, Hwy 6N, Ald GO Stn & all amenities Don’t miss this rare opportunity! (id:51158)
Homes for sale in Burlington

For sale $1,399,900

2935 Berwick Drive

Burlington, Ontario

3 Bedroom 3 Bathroom 2070 sqft

Welcome to this beautifully updated detached home on an oversized lot in Millcroft! The bright and airy open concept main floor with spacious living room features a gas fireplace. Step inside the updated kitchen to find quartz countertops, stainless steel appliances, under cabinet lighting and plenty of storage. The mud room with laundry provides access to the two-car garage. You’ll love the second-floor family room with plenty of space to host family movie night and a play area for the kids. The primary suite has his and hers closets and a four-piece ensuite with over-sized soaker tub. Two additional bedrooms, one with a walk-in closet, and a full bathroom complete the second level. Large backyard with two-tiered deck, hot tub, and plenty of grass for the kids to play. You’ll love this location right across from Berton Park, walking distance to desirable schools, close to everything you need! Roof 2020, Furnace, 2021, AC 2021, Water Heater 2021, Hot tub 2021. Nothing to do but move in. This beauty won’t last. Don’t be TOO LATE* *TM. RSA. (id:51158)
Homes for sale in Burlington

For sale $699,000

340 Plains Road E Unit# 512

Burlington, Ontario

2 Bedroom 2 Bathroom 920 sqft

Step inside to find bright, open spaces with high-end finishes, a sleek kitchen, and a spacious covered balcony for entertaining or relaxing. The master suite is a private retreat with a walk in closet and a stylish en-suite. Enjoy the convenience of nearby amenities, scenic parks, and vibrant local eateries. (5 mins to Waterdown GO, 5 mins to Mapleview Mall and 5 mins to Burlington waterfront/pier.) Don’t miss your chance to call this your new home. Schedule your viewing today and experience the charm and sophistication of Aldershot living! (id:51158)
Homes for sale in Burlington

For sale $659,000

5250 Lakeshore Road Unit# 1009

Burlington, Ontario

1 Bedroom 2 Bathroom 1365 sqft

Bright and spacious waterfront condo at the Admiral's Walk in South East Burlington. 1365 sq ft includes a large living room with separate dining space and walkout to escarpment-view balcony. Primary bedroom with 4 piece ensuite, walk in closet and 3 additional storage closets, bright kitchen with ample storage space and large den. The building amenities include an outdoor pool, gym, workshop, party room and more while being steps from shops, parks and trails. 1 Bedroom, 1.5 Bathrooms. (id:51158)
Homes for sale in Burlington

For sale $875,000

1275 Maple Crossing Boulevard Unit# 12

Burlington, Ontario

2 Bedroom 2 Bathroom 1250 sqft

End unit and largest unit in this complex. 1720 sq ft of living space, on all 3 floors. Plus a private 12' by 35' patio area. Original home owner. This is a well managed complex. Walk to Spencer Smith Park, the waterfront trail system, and all that Burlington's vibrant downtown has to offer! The vaulted celling on the main floor and (4) skylights, give this home lots of natural light. Beautiful light maple floors on the main floor. Walk out from the living room (patio doors) to the large fenced private patio. The principal bedroom is large, bright and open. The ensuite bathroom has been recently renovated. Two exclusive-use parking spaces are right in front of the unit, for your convenience. Lots of storage in the basement level. The basement is finished, with the possibility of incorporating more of the storage space, into additional living space if needed. The current owners opted for a large indoor closet near the front door - However, there is an exterior door to that closet, that can be easily converted back to make it an exterior access storage closet. (id:51158)
Homes for sale in Burlington

For sale $999,000

993 Cloverleaf Drive

Burlington, Ontario

4 Bedroom 2 Bathroom 1031 sqft

Nestled within the desirable Aldershot South neighbourhood, this beautifully maintained 2+2-bedroom home represents a rare opportunity for first-time buyers, savvy investors, and growing families alike. Boasting a prime location on a peaceful sought after family friendly street, this residence offers the serenity of suburban living with unparalleled access to local amenities, schools including Saint-Philippe Catholic Elementary and major highways for easy commuting. Step inside to discover the warmth of hardwood floors throughout, paired with elegant ceramic flooring, The spacious dining area, complete with a walk-out to the well-manicured rear 160ft deep yard. The generous mudroom, featuring convenient storage solutions, provides seamless integration between the single car garage and interior entry of the home. beautifully landscaped front garden, an expansive front porch perfect for leisurely evenings, and a private, fully fenced rear garden with a concrete patio, 2 garden sheds and mature trees. Additional living space abounds in the finished lower level, offering two versatile bedrooms—one currently utilized as a home office—and a comfortable recreation room plus a modern three-piece bathroom. With ample storage space remaining, this house is not only a place to live but a home to grow into and cherish for years to come. (id:51158)
Homes for sale in Burlington

Open Modal

×