Purchasing Real Estate in Burlington: When considering where to buy a house, look no further than Burlington, Ontario! Located just an hour from downtown Toronto, this mid-sized city is a great place to invest in a condo, especially considering that despite the hot market over the years.
Rated Canada’s Best Medium-Sized City by Money Sense Magazine for 5 consecutive years, Burlington is a great place to live regardless of your family’s size or style. There are many amenities within easy reach, it’s close enough to GTA – but far enough away to escape the craziness of the city – and it has a lot to offer in terms of schools and park space
Just know about Purchasing Real Estate in Burlington:
With many new developments opening in the coming year, there has never been a better time to buy a condo in Burlington.
Burlington is the best city to live in
Earning the honor of being named as one of the top places to live in Canada for several consecutive years makes Burlington an easy choice to settle in the city. Purchasing Real Estate in Burlington is one of the best ideas. Money Sense magazine uses several metrics to rate cities, and Burlington ranks well among all. From them! Here are some of the top reasons why Burlington consistently made this list:
It is rich and relatively affordable
In today’s housing market it can be difficult for growing families to afford full-size homes, making condos the perfect choice. Buying real estate in Toronto is extremely expensive. Thus, they are more suitable for new and growing families. Burlington’s median household income of about $100,000 and an ownership rate of nearly 80% indicate that a condo in this suburb of the GTA is a great option for new home buyers this year.
It’s safe
With a 2% crime rate and a 36% reduction in crime over the past 5 years, Burlington is the safest large municipality in all of Canada – for the 13th year in a row!
Easy to move around the city
Burlington has both a within-city bus system and easy access to the Go Train to get around the GTA. With 5% of the population using public transport to commute to work every day, it is a system that is well looked after within the city.
Burlington is also said to be the best city to retire in
Money Sense also ranks Burlington as one of Canada’s top cities – at no. Retirees often choose condos – which means market demand will continue to be hot!
Burlington offers easy weather
Temperatures exceed 0 °C over 65% of the year, making Burlington a very comfortable city to live in year-round.
Great facilities
With everything residents could ever need to sit within city limits, it’s easy to see why Burlington consistently ends up at the top of the list.
Home of excellent new condo development
Burlington’s booming condo market is evident when you look at the many new developments available for viewing or pre-sale. With the development still in its planning stages, there are also some great neighborhoods with condos already available on the market.
Alton Village is a wonderful neighborhood for families of all sizes to call home. With beautiful parks and walking paths, great schools, and easy shopping and dining just minutes from your front door, shoppers forget there’s a city around them.
Several new condo developments are on the horizon, such as the Valera by ADI which is currently in pre-construction sale, and the upcoming Lynx 2 and MODRN condos also by ADI. Having several developments scheduled to begin construction means good things for the future of Burlington’s condo market.
Big city living, small-town feel
The facilities available within Burlington make traveling in Toronto an activity that residents only do when they want to. No matter what neighborhood they live in, homeowners can expect easy access to all kinds of amenities.
Many of Burlington’s major neighborhoods feel like self-sufficient cities, making it easy to decide to buy a condo in the area. Buyers will get all the benefits of big city life but a small-town living experience.
Access to shopping, dining, and education in your backyard
Burlington is home to great shopping and dining options. Owning a condo here means homeowners have a home in a completely self-contained area, and they never have to deal with the traffic that GTA is full of!
Current buyers are tired of dealing with growth and congestion within Toronto, and now more than ever they are finding solutions that don’t seem like a big city outside GTA but are close enough to what they want.
Now’s the Time to Invest in Burlington’s Condo Market
Moving on board with a pre-construction condo has never been a better investment. Investing in pre-construction properties is a great opportunity to reverse your investments as they become ready to buy.
Whether you’re in the market for an investment property, first-time home, or just a change from your current situation, Burlington is the hottest place to buy this year. With huge incentives to buy from existing condos to pre-construction units on the market, there is sure to be something within the city that suits your needs.
Safest city
Burlington has also seen a major drop in crime, with the crime rate dropping by 31.3 percent over the past five years. This significant reduction in crime means that Burlington is among the top 10 cities in Canada with the lowest crime rates. Burlington has some of the best weather in Canada, with 125 days of 2015 warming by more than 20 °C.
Third place in Oakville, which marked a big jump from sixth place. Oakville is the third best place to live in Canada due to its high income, healthy population growth, low crime, nice weather, and a strong arts and sports community.
Surprisingly, Oakville experienced a similar decline in crime in Burlington, falling 31.3% over the past five years. Burlington and Oakville are neighbors to each other so they share similar weather patterns, which means that Oakville also offers some of the best weather in the country.
Know the services and information if you thinking of Purchasing Real Estate in Burlington at https://www.burlington.ca/
