Investing In Burlington Real Estate Market
The City of Burlington, located in southern Ontario, has a population of 183,000 and is recognized as one of the best places to live, work, and raise a family in Canada. You will have access to a city with excellent city amenities, a wide range of real estate opportunities, and many careers and educational opportunities if you purchase a new townhome in Burlington. Through several nearby highways, Burlington provides easy access to Toronto and the surrounding areas. Residents of Burlington can enjoy a wide range of activities in the city, including festivals and events. Burlington’s housing market offers a variety of housing options, including high-rise condos, large, detached homes, and condominium townhomes. With the city’s diverse economy and over 13,000 businesses, you can find many employment opportunities by investing in a pre-construction townhome in Burlington. The Toronto and the Canadian/U.S. border is located close to the city, making it convenient for commuters. Burlington is part of the Halton Region that includes Milton, Halton Hills, and Oakville. Along with being a part of the GTA, the city is located along the shore of Lake Ontario, making it a part of the Greater Golden Horseshoe. From Burlington, the Gardiner Expressway connects to the City of Toronto in 45 minutes. Other major highways and regional highways such as the 400 series provide easy access to other parts of the Greater Toronto Area from Burlington. Explore the residential neighbourhoods, shopping areas, cultural centers, and recreational facilities of Downtown Burlington, which is one of the most popular places to visit in Burlington. Furthermore, residents of Burlington can enjoy a variety of green spaces and waterfront parks including Kerncliff Park, Spencer Smith Park, and Lowville Park, as well as the Royal Botanical Garden, which extends over 2,700 acres and provides access to extensive gardens and trails.
List of New Townhomes in Burlington
New Townhomes in Burlington & Reasons to Buy
New townhomes in Burlington are a wise investment because they provide easy access to the city’s many amenities, attractions, career opportunities, educational institutions, and housing options. Around 180,000 people live in Burlington, of whom approximately 75% are non-immigrants, and 25% are immigrants. To ensure a more vibrant and inclusive community, the city’s cultural revitalization efforts have included initiatives to foster greater community involvement. A majority of homes in Burlington are detached and followed by townhouses and multi-storey buildings. With a new townhouse in Burlington, you’ll be near many of the city’s attractions and amenities, including Spencer Smith Park, Maple Park, and Paletta Lakefront Park. In addition to smaller neighbourhood parks, there are also several conservation areas in the city for outdoor recreation, including the Bruce Trail, Niagara Escarpment, Mount Nemo Conservation Area, and Bronte Creek Provincial Park, among others. There are local farms where residents can pick their own produce in Burlington, as well as a farmer’s market offering local products. There are four school boards in Burlington, the Halton District School Board, the Halton Catholic District School Board, the French Catholic School Board, and Conseil scolaire Viamonde. In addition, the city has several post-secondary institutions, including the DeGroote School of Business of McMaster University, Sheridan College, and Mohawk College. Shoppers in Burlington have access to excellent shopping facilities like Mapleview Mall and Burlington Centre, as well as shops and eateries on Village Square in Downtown 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 townhomes is the city’s diverse economy, which offers many career opportunities.
Average Prices for Townhomes in Burlington
Based on TREB data, all home types in Burlington sold for an average of $1,069,973 in 2021. A townhouse in the Halton region sells on average for $940,478. Compared to the average price for townhomes across all the regions of the Greater Toronto Area, which is $945,212, Halton has a lower average price. Burlington’s average listing price for a townhouse in 2021 is $858,777, and the average number of days it will be on the market will be seven. A townhome in Burlington is less expensive than one in the Halton Region or Greater Toronto Area. Benchmark prices for townhomes in Burlington are $697,700. This represents a change of 23.76% from last year.
Burlington Transit and Accessibility
Buyers of new townhomes in Burlington have many options for transportation, including major highways, public transportation, and regional highways. Burlington residents have easy access to Highways 403, 407, and 401, which makes it easy for residents to travel throughout the Greater Toronto Area. Aside from the 400-series highways, Lakeshore Road connects to the Gardiner Expressway, which passes through downtown Toronto, which can be used to travel to other parts of Halton and the Greater Toronto and Hamilton Area. Burlington’s Brant Street runs through the heart of the downtown district and links the QEW to Highway 403 to Lakeshore Road. With Highway 403 or the QEW, Burlington residents can reach Hamilton, Canada’s largest economic contributor and among the top places for career opportunities in the province. Through the QEW, downtown Toronto is easily accessible from Burlington in 45 minutes. Burlington Transit is the main transportation provider in the city, connecting to Hamilton Street Railway (HSR), Oakville Transit, GO Transit, and VIA Train. Burlington Transit offers 16 bus routes for residents to travel around the city, including connections to the Royal Botanical Gardens, the John Brant Hospital and Downtown Burlington. Users of GO Transit can access Burlington’s three stations in the city, including Appleby GO, Aldershot GO, and Burlington GO. These stations provide residents with access to bus services and trains to destinations such as Niagara Falls, Downtown Toronto, Hamilton, and McMaster University. Customers can use the Presto Card to switch between transit operators over a two-hour period. The Burlington Transit busses have ramps and kneeling facilities to accommodate those with disabilities, as well as visual and audible announcements for the next stop and priority seating.
Neighbourhoods in Burlington
The City of Burlington ranks among the best places to live in Canada, according to Macleans Magazine. There are many unique neighbourhoods in the city. When you are looking to buy a new townhome in Burlington, you may want to consider Roseland, Brant Hills, and Aldershot neighbourhoods. South of Burlington, Roseland is a tree-lined neighbourhood along Lake Ontario. A common feature of Roseland is the presence of large, detached homes with spacious yards. This family-friendly neighbourhood is home to six schools, including four public elementary schools, one public high school, and one Catholic secondary school. Roseland is within minutes of the QEW, which is the nearest highway. The nearest station in the Roseland neighbourhood is Burlington GO station, which can be reached within about ten minutes. Burlington’s quiet neighbourhood of Brant Hills is another area to look at when searching for a new townhome. Residents of Brant Hills have easy access to Highway 407, 403 and the QEW. Residents of the area can relax and enjoy the outdoors at Brant Hills Park and Sinclair Park. Brant Hills residents have access to GO Transit at Burlington GO, ten minutes from the neighbourhood, which allows them to travel to other regions in the GTA. A great neighbourhood for families is Aldershot, which is home to a large number of older residents as well as younger families. Residents of Aldershot can easily travel to other parts of the Greater Toronto and Hamilton Area via the QEW and Highway 403, which is located directly north of the neighbourhood. Travel to Toronto is also possible from Aldershot GO station, where residents can take a Lakeshore West train and arrive within an hour at Union Station.
Questions & Answers
Any pre-construction property, like townhomes, may be subject to development charges. New developments are charged development fees to help pay for municipal infrastructure costs. During the process of issuing building permits, they are collected. Charges will vary depending on the municipality in which the development will exist, and each municipality has different bylaws. Residential development charges also differ based on the type of property. For example, townhome development charges will differ from pre-construction condo development charges.
There is a wide range of activities, events, and attractions for visitors and residents in the city. There is much for residents to do in the city, including attending performances at the Burlington Performing Arts Centre, exploring the 2,700 acres of gardens and trails at the Royal Botanical Gardens, or shopping in Downtown Burlington’s unique shops. Brant Street Pier, which sits on Lake Ontario, is also a popular city attraction.
Investing in Burlington real estate is a good idea because the city offers a variety of amenities, attractions, career opportunities, academic institutions, and housing possibilities. Burlington’s location is also ideal since different forms of transportation, like public transit and major highways, are accessible from various parts of the GTA.