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 OPEN HOUSE $1,400,000

2282 Turnberry Road Unit# 15

Burlington, Ontario

2 Bedroom 3 Bathroom 1977 sqft

Step into the essence of executive living with this stunning two-bedroom, 2.5-bath semi-detached home where comfort and sophistication blend seamlessly with a maintenance-free lifestyle. This carpet-free main level, invites you into an open-plan setting, illuminated by natural light cascading through a double French door with a transom window. The heart of the home boasts a spacious family kitchen, large pantry, undermount lighting and a walk-out to a private patio, offering idyllic views over the prestigious Millcroft golf course. Your living space extends effortlessly with vaulted ceilings, a cozy gas fireplace, and a main floor primary bedroom featuring a large renovated ensuite (2022) with a separate soaker tub, shower, and built-in vanity. The impressive primary suite, complete with a walk-in closet, overlooks the green fairways, providing a serene backdrop for unwinding after a long day. Upstairs, the airy loft area, bathed in light from the skylight, includes a 4pc bath with ensuite privileges & serves as a versatile space for relaxation or a home office. The beauty of the exterior matches the interior charm, with meticulous landscaping perennial gardens and enhancing the allure of this coveted location. Boasting four parking spaces and convenience at your fingertips, you'll enjoy proximity to shopping, parks, highways, and restaurants. For those seeking an upscale lifestyle, this abode delivers on every level, offering a luxurious sanctuary amidst a vibrant community. (id:51158)
Homes for sale in Burlington

For sale $1,299,000

2025 Maria Street Unit# 807

Burlington, Ontario

2 Bedroom 2 Bathroom 1225 sqft

Fantastic opportunity to live in the prestigious hotel inspired boutique Berkley Condominium. This 2 bedroom/2 bathroom CORNER SUITE (1225 sq ft) with expansive south west facing views and large floor to ceiling windows fills the Suite with natural light all day long! A large foyer welcomes you home. Open concept living room/dining room/kitchen is perfect for every day living and entertaining. Step outside and expand your living space on the wrap around terrace (273 sq ft) with breathtaking views of both the lake and escarpment. Chef inspired kitchen with large island, stainless steel appliances and plenty of storage. The split bedroom floor plan gives you and your guest privacy. A gorgeous primary bedroom with 5 pc spa like ensuite and walk in closet. 2nd bedroom with floor to ceiling window of escarpment views is tucked away with the 3 pcs bath and laundry closet. Thousands spent on upgrades including wide plank white oak flooring, extended island with caesarstone waterfall countertop, upgraded cabinetry, electric fireplace, and freshly painted through out. Shows to perfection. Nothing to do but move in and enjoy! Building amenities include 24 hr concierge, gym, party room with billiards room and outdoor patio, 2 guest Suites and stunning rooftop patio with bbq area. Located in the heart of downtown Burlington steps to shopping and restaurants and a short stroll to Spencer Smith Park and the Lake. This is lifestyle living at its finest! (id:51158)
Homes for sale in Burlington

For sale $535,000

3210 Dakota Common Unit# A222

Burlington, Ontario

2 Bedroom 2 Bathroom 773 sqft

Welcome to VALERA condo living! This luxurious 2 bedroom / 2 bath unit is truly a one-of-a-kind! It features breathtaking escarpment views from its oversized 97 sq.ft. balcony. Literally thousands have been spent on tasteful modern upgrades. The spacious, light filled kitchen boasts modern quartz countertops and backsplash, premium stainless steel appliances and LED lighting. This incredible unit boasts engineered wide plank flooring, custom lighting and state-of-the-art smart technology. The large master bedroom has floor to ceiling windows, large closet and an oversized 3 pc bath with a custom shower stall. There is also a full size upgraded washer & dryer and custom motorized window coverings throughout. Take advantage of the incredible opportunity to enhance your living experience. A locker and underground parking spot are also included. Close to all amenities, including 407, QEW, GO train and Walmart. Make your appointment today! (id:51158)
Homes for sale in Burlington

For sale $1,099,000

5352 Spruce Avenue

Burlington, Ontario

3 Bedroom 2 Bathroom 1086 sqft

Attention first time homebuyers and renovators, welcome to 5352 Spruce Avenue an amazing opportunity to move to the highly sought after Southeast Burlington community of Elizabeth Gardens. This 3-level side split features a spacious living room with lots of natural light is just waiting for you to add your personal touches. The well-sized eat-in kitchen offers direct access to the fully fenced backyard with large patio, gazebo and hot tub. Upstairs features 3 good-sized bedrooms with original hardwoods and an updated 4-piece bathroom. The newly renovated finished basement features large family room, 3pc bathroom, utility room with separate entrance and abundant storage. Situated on a 60 x 110 lot, at the Oakville/Burlington boarder in a family-friendly neighborhood with excellent schools, parks, and easy access to amenities and minutes from the Lake and beautiful Burloak Waterfront Park. Quick access to the highway and multiple Go Train stations makes this a commuters dream. Don't miss this amazing opportunity. (id:51158)
Homes for sale in Burlington

For sale $969,900

34 Plains Road E Unit# 404

Burlington, Ontario

2 Bedroom 2 Bathroom 1331 sqft

This unique 1,331sq ft condo will certainly WOW you! Completely upgraded throughout with numerous pot lights, 2 large bedrooms and 2 luxurious SPA-like bathrooms with quartz vanities and luxury tile. Gourmet kitchen facing the Niagara Escarpment, with 4 upgraded Kitchen Aid S/Steel appliances. New quartz counters and backsplash with under counter lighting. Step out of the living area to a covered path leading to your own outdoor oasis, featuring 882sq ft of gorgeous balcony space to enjoy spectacular day and night skies. Come and see it soon... (id:51158)
Homes for sale in Burlington

For sale $899,000

2086 Ghent Avenue Unit# 37

Burlington, Ontario

3 Bedroom 3 Bathroom 1630 sqft

Gorgeous three-storey townhome boasting 3 bedrooms & 3 full bathrooms. Nestled in a serene neighbourhood, this meticulously maintained residence offers an ideal blend of comfort and convenience. Upon entering, you are greeted by a spacious foyer leading you upstairs to the main living area. The stunning modern kitchen is a culinary delight, featuring sleek countertops, ample cabinetry, a breakfast area with walkout to the private balcony and a convenient centre island adjacent to the living room which includes a sleek gas fireplace. Upstairs, the master bedroom provides a peaceful retreat with its generous layout and ensuite bathroom, complete with a luxurious soaking tub and separate shower. The additional bedroom offers versatility for guests or a home office with easy access to a well-appointed full bathroom. Just minutes from Downtown Burlington, nearby attractions, schools & shopping this home offers the perfect mix of suburban tranquillity and urban convenience. (id:51158)
Homes for sale in Burlington

For sale $864,000

2081 Fairview Street Unit# 1901

Burlington, Ontario

2 Bedroom 2 Bathroom 1047 sqft

Location Location and Location. Stunning 2 bed 2 bath with 2 Parking Spots condo offering executive living in sought after Paradigm building in downtown Burlington. Open concept with top of the line finishes and sweeping escarpment views from 2 balconies and 1047 SQFT, very specious one of the largest unit in the building. Priced Right To sell Fast. Numerous amenities; 24 hr security, concierge, rooftop deck and gardens, party rooms, games room, media room, guest suites, fitness Centre and gym, basketball court, indoor pool, outdoor activity area, BBQ area and walk to Burlington GO Station without having to go outside! Offers coveted 2 side by side parking #47 and #48 and locker #66. Walk to downtown, restaurants, shopping, lake and parks. Pictures are Virtually staged. (id:51158)
Homes for sale in Burlington

For sale $549,900

1270 Maple Crossing Boulevard Unit# 1403

Burlington, Ontario

2 Bedroom 2 Bathroom 970 sqft

Welcome to a great condo lifestyle! Step into this condo boasting two bedrooms plus a den/solarium, one and a half bathrooms and an array of upscale features, all nestled in the heart of vibrant Burlington. This home showcases a pristine white kitchen accented by a charming subway tile backsplash, stainless steel appliances, a convenient breakfast bar, and a wine fridge, perfect for indulging in culinary delights Unwind in the primary bedroom adorned with closet organizers and its own 4-piece ensuite bath, offering a private sanctuary to relax and rejuvenate. Say goodbye to laundromat trips with convenient in-suite laundry facilities, while 2 owned underground parking spaces and an owned locker provide rare and coveted storage solutions. Enjoy a plethora of amenities including an outdoor pool, BBQ area, tennis and squash courts, car wash, sauna, and a stylish party room, ensuring every day feels like a vacation. Situated just steps from the serene shores of Lake Ontario, and with easy access to public transit, Jo Brant Hospital, top-notch restaurants, shopping destinations, and the vibrant downtown Burlington scene, this condo offers the epitome of convenience and lifestyle. Don't miss out on the opportunity to make this your own urban oasis! (id:51158)
Homes for sale in Burlington

For sale $1,174,000

615 Cumberland Avenue

Burlington, Ontario

4 Bedroom 3 Bathroom 1200 sqft

Welcome to this lovely renovated 3+1 Bed, 3 Bath bungalow located in the sought out after Dynes neighbourhood of South Burlington! This property has 2,400 Sqft of living area and sits on a large, private lot with a detached 2 car garage/workshop. It features a large sun filled kitchen and dining area, open and spacious living area with brand new pot lights/lighting, window blinds, flooring, ceiling & paint. Separate side entrance to newly renovated basement. Large open concept rec room and renovated 3 piece bathroom with glass shower. New flooring, freshly painted (Besides the laundry room) and finished 4th bedroom. Over $10k in upgrades throughout the home including Hot Water Heater (2022)- Owned, Air Conditioner (2023) Washer & Dryer (2022) Dishwasher (2022). Steps from Burlington Mall, and very close to great schools, highways, and transit. Ready to move in! (id:51158)
Homes for sale in Burlington

For sale $3,249,000

145 Birett Drive

Burlington, Ontario

4 Bedroom 4 Bathroom 2916 sqft

Welcome to 145 Birett Drive! A beautiful home located south of Lakeshore rd. in an exclusive and highly desirable area of South Burlington. Offering a total finished living area space of approx. 4600 sq/ft. This masterfully recrafted home boasts many high end upgrades, materials and designer features. Located just steps from Lake Ontario with sightlines to the Lake! This custom redesigned 3+1 Bedroom home offers gorgeous hardwood floors that encapsulates this open concept layout with a modern décor. The Gourmet Kitchen is perfect for the entertainer and complete with New Wolf appliances, custom cabinetry and a convenient breakfast area. A Large, bright living room offers a cozy gas fireplace. The Office has just had a full professional make over. This is a very bright home complete with large windows! The Main floor offers an open flow, separate dining room and a custom mud/entry room. The 3 Bdrms are a spacious size. The Master bedroom has a walk in closet, large 5 pce - ensuite bathroom and a sitting area. The fully finished basement offers a large rec room, Custom Wine Cellar, Large Wine Fridge also a corotated laundry room and lots of storage. Newer Broadloom in the basement. The double car garage has a recent epoxy floor with upgraded storage systems/racks and cabinetry. This lot offers ample parking on your private double driveway. Private backyard. The grounds are professionally landscaped with a full irrigation system. Nestled within a very private enclave of homes! (id:51158)
Homes for sale in Burlington

For sale $627,900

3200 Dakota Common Unit# B717

Burlington, Ontario

2 Bedroom 2 Bathroom 740 sqft

Newly built prestigious and contemporary Valera condominium located in prime location and highly sought after Alton Village neighbourhood. This stunning 2 bedroom suite with 9 foot ceilings and floor to ceiling windows has 2 full bath and includes 1 underground parking and 1 storage locker (2nd parking available for only $15,000). Efficient and open-concept layout and design with sizeable and functional rooms, far superior to other suites of similar size in the building. Spacious eat-in kitchen with custom island with seating has loads of counter space, quartz countertop, stainless steel appliances with built-in microwave/hood fan, and lots of storage. Luxury vinyl plank flooring throughout main living areas and bedrooms. Primary bedroom has a 4pc ensuite bath and second bedroom (presently an office/den) has access to another 4 pc bath, both with quartz countertops and beautifully tiled. State of the art building with Smart Home technology. Oversized balcony with views of the quiet courtyard, pristine escarpment, and soothing sunsets has faux-wood floor tiles and Zen-like foliage. Amenities include 24/7 concierge/security, outdoor pool with sundeck and lounge, SHQ area, sauna/steam rooms, gym, exercise area, pet-spa, party room with kitchen, foosball table, and theatre. Close to all amenities including highways, transit, GO Station, restaurants, shopping, high-rated schools, Millcroft Golf Club, Hronte Park, and so much more. Your search ends here! Welcome HOME!! (id:51158)
Homes for sale in Burlington

For sale $599,900

1237 North Shore Boulevard Unit# 404

Burlington, Ontario

2 Bedroom 2 Bathroom 1175 sqft

Welcome to the Harbourlights, where luxury and convenience blend seamlessly in this spacious 1+den condo. Nestled in the heart of Burlington, this unit offers a lifestyle of comfort and accessibility. The condo boasts an open-concept layout with a generous living area, a versatile den perfect for a home office or guest room, and large windows that flood the space with natural light. Situated near the picturesque lake, you'll enjoy scenic walks and the tranquil beauty of Spencer Smith Park, just steps away. The vibrant downtown Burlington area is within walking distance, providing an array of dining options and charming shops. Whether you're grabbing a coffee at a local caf or enjoying a gourmet meal at one of the city's top restaurants, you'll appreciate the vibrant urban atmosphere. Commuting is a breeze with easy access to major highways, making it simple to travel to Toronto or other nearby cities. The Harbourlights building itself offers a range of premium amenities designed to enhance your lifestyle. Host gatherings in the stylish party room, unwind with friends in the games room, or maintain your fitness routine in the well-equipped exercise room. On warm days, take a dip in the outdoor swimming pool, or simply relax poolside and soak up the sun. Enjoy the perfect blend of urban convenience and serene lakefront living in one of Burlington's most sought-after locations. (id:51158)
Homes for sale in Burlington

Open Modal

×