Real Estate in Burlington, Canada
Last updated on Jan 06, 2024
Summary: The average cost of a nice 2 bedroom home in Burlington, Canada is around $500,000, while a nice 3 bedroom home is around $700,000. These properties typically include modern amenities such as stainless steel appliances, granite countertops, hardwood floors, and updated bathrooms. Some may also include a backyard or patio. There are no restrictions on foreign ownership for properties in Burlington. An expat looking to buy a home in Burlington should begin by researching the local real estate market and familiarizing themselves with the different neighborhoods. They should also consider their budget and desired amenities when searching for a home. The most desirable neighborhoods in Burlington include Aldershot, Brant Hills, and Orchard. These neighborhoods offer a variety of amenities, including parks, schools, and shopping centers.
How do I find a place to live in Burlington?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One of the best ways to find a place to live in Burlington is to use online resources such as Craigslist, Kijiji, and PadMapper. These websites allow you to search for rental properties in the area and filter your results by price, location, and amenities. Additionally, you can contact local real estate agents who specialize in the Burlington area to help you find a place to live. You can also look for rental postings in local newspapers and on bulletin boards in the area. Finally, you can ask friends and family who live in Burlington for recommendations," remarked one member in Burlington, Canada.
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What is a typical expat home or apartment like in Burlington?
"Expat homes and apartments in Burlington are typically modern and spacious. Many of the homes and apartments have large windows that let in plenty of natural light, and some have balconies or terraces with views of the city or lake. The interiors are often decorated with contemporary furnishings and feature open-plan living areas. Many of the homes and apartments also have access to amenities such as swimming pools, fitness centers, and playgrounds," said one expat who made the move to Burlington, Canada.
What is the average cost of housing in Burlington?
If you are thinking about moving to Burlington, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Burlington varies depending on the type of housing and location. In general, rents tend to be on the higher side and home prices are typically more expensive than in other Canadian cities. Renters should expect to pay anywhere from $1300 to $2500 per month for a two-bedroom apartment, depending on the type of building and neighborhood. House prices in Burlington can range from $600,000 to over $1,000,000, depending on the size and location," said one person in Burlington, Canada.
Should I buy or rent a home in Burlington?
If you have not spent a lot of time in Burlington, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in Burlington may be a wise choice for someone looking to establish themselves in the area. With a cost of living that is lower than many other Canadian cities and easier access to outdoor activities and breathtaking scenery, a home can become a great source of pride and joy. Renting can also provide a great opportunity to try out the area before committing to a purchase, allowing rentees to get familiar with the city as it changes and evolves. Ultimately, the decision to buy or rent in Burlington is a personal one, based on factors such as budget and desired lifestyle," explained one person living in Burlington, Canada, Canada.
What do I need to know when buying property in Burlington?
When we asked expats what advice they would give a foreigner before buying a property in Burlington, they said:
"When buying property in Burlington, it is important to research the local market and understand the current trends in the area. It is also important to consider the local amenities and services available, such as schools, parks, and public transportation. It is also important to consider the local taxes and fees associated with purchasing property in Burlington. Additionally, it is important to understand the zoning regulations and building codes in the area, as well as any restrictions or covenants that may be in place. Finally, it is important to work with a qualified real estate agent who is familiar with the Burlington area and can provide advice and guidance throughout the process," explained one expat in Burlington.
Are foreigners allowed to own property in Burlington?
When we asked expats what advice they would give a foreigner before buying a property in Burlington, they said...
"Yes, foreigners are allowed to own property in Burlington. Non-residents of Canada are able to purchase property in Burlington, however they must obtain approval from the Canadian government before doing so. Additionally, non-residents must also pay a 25% non-resident tax on the purchase price of the property. Furthermore, non-residents must also pay a 15% tax on any rental income they receive from the property," said one expat in Burlington.
What appliances are typically included in a rental?
We asked foreigners in Burlington what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Burlington typically include a refrigerator, stove, dishwasher, washer, and dryer. Other common appliances may include a microwave, garbage disposal, and air conditioning unit," said one expat in Burlington.
Additional Information about Searching for a Home in Burlington:
We asked foreigners in Burlington what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats looking for homes in Burlington can search online for real estate listings, contact local real estate agents, or attend open houses to find the perfect home. They can also search for rental properties, such as apartments or houses, and inquire about availability. Additionally, expats can look for housing options through online expat forums or social media groups, where they can connect with other expats who may have helpful advice or tips," explained one expat in Burlington.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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