Why Should You Invest in Burlington Real Estate?
Located in Southern Ontario, Burlington has a population of 183,000 and has been named as one of the best places in Canada to live, work, and raise a family. When you buy a new home in Burlington, you will have access to a city with excellent city amenities, many real estate options, and plenty of careers and educational opportunities. Burlington has increased connectivity through major highways, providing easy access to Toronto and surrounding areas. In Burlington, residents can partake in a variety of activities and events, including festivals and events. The Burlington real estate market offers a wide range of housing options, including high-rise condominiums, large, detached homes, and condominium townhomes. Pre-construction homes in Burlington will also put you close to many career opportunities from the 13,000 businesses located in the city. The city enjoys a convenient location, being close to both the City of Toronto and the United States border. The City of Burlington lies within the Halton Region, which includes Milton, Halton Hills, and Oakville. In addition to being a part of the GTA, the city is located along the shore of Lake Ontario, making it a region of the Greater Golden Horseshoe. Residents of Burlington can travel to the City of Toronto in 45 minutes by taking the Gardiner Expressway, and several major highways and regional highways, including the 400 series, provide easy access between Burlington and other parts of the Greater Toronto Area. A popular thing to do in Burlington is exploring Downtown Burlington, with its mix of residential neighbourhoods, shopping options, cultural centres, and recreational facilities. Additionally, residents can enjoy many green areas and waterfront parks in the area, including Kerncliff Park, Spencer Smith Park, and Lowville Park, as well as the Royal Botanical Gardens, which extend among 2,700 acres, where visitors and residents of Burlington can enjoy extensive gardens and trails.
List of New Homes in Burlington
Why Buy Pre-Construction Homes in Burlington
A new home in Burlington is a good investment. It will provide easy access to the city’s many amenities, attractions, career opportunities, educational institutions, and housing options. Burlington has approximately 180,000 residents, approximately 75% of whom are non-immigrants and 25% immigrants. As part of its cultural revitalization effort, the city has worked to make its community more inclusive and culturally engaged. Burlington has a large concentration of single-detached homes, followed by townhomes and buildings with five or more floors. If you buy a new house in Burlington, you will be close to many of the city’s attractions and amenities, such as the picturesque Spencer Smith Park, Maple Park, and Paletta Lakefront Park. There are many conservation areas available for outdoor recreation in the city, including the Bruce Trail, Niagara Escarpment, Mount Nemo Conservation Area, and Bronte Creek Provincial Park, among others. Burlington has local farms where residents can pick their produce and local farmer’s markets where local goods can be purchased. Burlington is served by several school boards, including the Halton District School Board, the Halton Catholic District School Board, the Conseil scolaire Viamonde, and the French Catholic School Board. The city is also home to several post-secondary institutions, such as the McMaster University DeGroote School of Business, Sheridan College, and Mohawk College. Shopping centres like Mapleview Mall and Burlington Centre and shops along Village Square, located in Downtown Burlington, provide excellent shopping opportunities to residents of Burlington.
Working in Burlington
The workforce supplying the professional and technical services industry is well-educated and draws on the numerous colleges and universities in the area. Deloitte, MNP, and TWD Technologies are a few of the many companies offering Professional and Technical Services in Burlington. Talented ICT workers are among the main reasons the city is a tech hub. There are several firms operating in and around Burlington that are involved with ICT, such as Evertz Microsystems, Siemens, Google, and Geotab. There are more than 33,000 people employed by the Food and Beverage industry, which includes food processing and manufacturing, supply chain management, and retail operations. Earth Fresh, Roseland Produce, and Voortman Bakery are among the food and beverage companies in Burlington. Among the city’s key industries are the clean technologies industry, which specializes in the treatment of water, waste disposal, and engineering services. ABB Inc. and Ecodyne Limited are among the Clean Technologies companies in the city. There are over 7,000 people working in the biomedical and life sciences industry, which is geared toward healthcare, life science research, and scientific equipment manufacturing. One of the city’s most well-established industries is Advanced Manufacturing, which specializes in aerospace, robotics, and composite materials. A few of the key players in Advanced Manufacturing are WeatherTech, Cardon, and Comtek. One of the many reasons to invest in Burlington’s new homes is the city’s diverse economy, which offers many career opportunities.
Average Home Price for Burlington in 2021
According to TREB data, the average sale price of all types of homes in Burlington in 2021 is $1,149,989. The average price of a detached home in the Halton Region is $1,564,585, while the average price of a semi-detached home is $969,642. Home prices in Halton are higher than the average in the GTA, which is $1,407,540. The average price of semi-detached homes in Halton is below the average GTA price of $1,055,640. In 2021, the average price of detached homes in Burlington was $1,490,497, with an average listing day of 11 days on the market. A semi-detached home’s average selling price is $942,859, with an average listing day on the market of seven days. Burlington’s detached and semi-detached home prices are lower than the Halton Region as a whole. However, the average price of detached homes in Burlington is higher than the ones in the GTA. Compared to the overall GTA average price, semi-detached homes in Burlington are less expensive. Compared with the previous year, benchmarks for single-family detached homes changed by 27.18% to $1,343,000. For single-family attached homes, the benchmark is $1,014,700, a change of 29.90% from last year.
Getting Around Burlington
Burlington’s new home buyers have a wide variety of transportation choices, including major highways, public transportation, and regional highways. Those living in Burlington have easy access to Highways 403, 407, and 401, which enable them to travel to other areas of the GTA. Besides the 400-series highways, Lakeshore Road merges into the Gardiner Expressway, which runs through downtown Toronto, allowing residents to access different parts of Halton and the Greater Toronto and Hamilton Area. Brant Street is one of Burlington’s major roads that run through Downtown Burlington and connects the QEW and Highway 403 to Lakeshore Road. Burlington residents can access Hamilton via Highway 403 or the QEW, which is a major economic contributor in Canada and offers many career opportunities in just over 20 minutes. Downtown Toronto is an easy drive from Burlington and can be reached in 45 minutes via the QEW. Transportation services are provided mainly by Burlington Transit, which has connections to Hamilton Street Railway (HSR), Oakville Transit, GO Transit, and VIA Train. Residents travelling around Burlington can take advantage of 16 bus routes provided by Burlington Transit, including route connections to John Brant Hospital, the Royal Botanical Gardens and Downtown Burlington. There are three stations in the city that provide users with access to GO Transit, including Burlington GO, Aldershot GO, and Appleby GO. These stations offer residents bus services and trains to destinations such as Niagara Falls, Downtown Toronto, Hamilton, and McMaster University. Customers can transfer from one transit operator to another over a two-hour period using a Presto Card. To accommodate those with mobility disabilities, Burlington Transit busses have kneeling facilities and ramps, as well as visual and audible announcements of the next stop and priority seating.
The City of Burlington has been recognized as one of the best places to live in Canada. The city is home to a variety of unique neighbourhoods. Consider the neighbourhoods of Roseland, Headon Forest, and Pinedale if you are interested in buying a new home in Burlington. Roseland is located on Lake Ontario’s shores south of Burlington in a picturesque tree-lined neighbourhood. Large, detached homes with large, well-maintained yards are the norm in Roseland. In this family-friendly neighbourhood, there are six schools, including four public elementary schools, one public high school, and one Catholic secondary school. The nearest highway to Roseland is the QEW, which can be reached in under ten minutes. Burlington GO Transit is the closest GO station, which will also take around ten minutes to reach. On the west end of the city, just east of Highway 407, is Headon Forest, a family-friendly neighbourhood. It is mainly made up of modern 2-storey homes that have easy access to the excellent schools in the area. Families with children in Headon Forest have access to three elementary schools and three secondary schools. Residents of Headon Forest can enjoy the outdoors at several parks in the area, including Driftwood Park and Ireland Park. The neighbourhood of Pinedale is perfect for those looking to live near the City of Toronto, where most of the households in the neighbourhood are home to families. Pinedale is served by the Appleby GO station, from which residents can take the Lakeshore West GO train to Toronto in 45 minutes. Pinedale is home to a mix of bungalows and back splits, as well as newly built detached homes and freehold townhomes.
Questions & Answers
Residents and visitors of the city have many options for attractions, activities, and events. Residents can take in the arts and culture scene of the city at Burlington Performing Arts Centre, explore the 2,700 acres of gardens and trail at the Royal Botanical Gardens, or shop at locally-owned shops in Downtown Burlington.
Health services in the City of Burlington are provided by Halton Region, where residents can receive many public health services. Burlington is home to Joseph Brant Hospital, where the community can receive a wide range of programs and services.
A mortgage pre-approval is commonly required by developers to ensure that buyers will not default on their mortgage payments. Credit scores, income histories, and ratios of debt to income affect a borrower’s mortgage eligibility. The mortgage loan begins when the closing takes place, not when the property is occupied.