New Condos in Burlington
Welcome to Burlington, a city with a beautiful lakefront and charming downtown core! One of Burlington’s biggest selling points is its access to Lake Ontario. Residents can enjoy the Brant Street Pier, Spencer Smith Park, and the many walking trails that wind along the waterfront. The Village Square and Burlington’s downtown core is made up of old churches, Victorian-Era buildings, and local restaurants and businesses for residents to explore and enjoy.
Burlington, like most GTA cities has seen exponential population growth in the last several years. As of 2016, Burlington’s population tallied 183,314 residents. That is a 4.3% population increase from 2011. This increase is estimated to continue as Burlington has one of the most exciting growth centres in the region. Thanks to the Places to Grow Act that the government implemented, Burlington is seeing substantial developments occurring around its downtown core and Lake Ontario. These developments will offer prime waterfront access and views to its residents.
The average cost of a pre-construction condo in Burlington in 2017 was $484,900, which is an 18% increase from 2016. A resale condo in 2017 averaged a cost of $476,577, which is a 17.1% increase from 2016. Even though the cost of a condo in Burlington rose significantly over a year, the average is still less expensive than a condo on Toronto’s waterfront.
Burlington is a great place for commuters to call home as it has easy accessibility to transit and major thoroughfares. Residents can easily connect south to Hamilton and Niagara Falls via the QEW or travel east via the 407 or 403 into Toronto. Residents looking to take advantage of transit, can use Burlington Transit or GO Transit to travel within the city, the GTA, and beyond.
Isn’t it time you made Burlington home? Contact a CondoNow Certified expert today! We can help make that dream a reality!