Burlington, Ontario:
There is everything in Burlington that one wants in a community. The reasons that make it most attractive for the people to live are its location, quality of life, low crime rate, a booming economy and green space.
In the heart of the Golden Horseshoe it is situated between Toronto and Niagara Falls at the shores of the Lake Ontario. In just an hour one can reach to Toronto if move towards North East and to Niagara Falls if move towards South East. It is in the close proximity to the Rainbow Bridge which connects the USA and Canada. So, for those who do cross-border business, it’s the perfect place to live.
Burlington has many things to offer when it comes to nature. One can enjoy a variety of outdoor adventures and green space because of its location in a beautiful scenic areas along the Niagara escarpments. You can enjoy the Bronte Creek Provincial Park, hike on the trails, take a stroll on the waterfront, or stop by the Royal Botanical Gardens which contains world’s largest lilies collection.
The city has experienced a steady increase in the economic growth due to many industries in its proximity. With the leading industrial sector that is chemical or pharmaceuticals, packaging, motor or vehicle transportation, business services, food processing and electronics there are many employment opportunities which also low the unemployment rate of the city. With three Go Train stations and the Via Rail nearby you can go to Greater Toronto Area and Toronto by train.
One can never be bored in the city. There are many annual events that the whole family can enjoy. Just to name the few there are Lakeside Festival of Lights and Rotary Ribfest, Burlington Jazz n’ Blues Festival, Art in the Park and The Sound of Music Festival.
The average price of a 2 bedroom detached house with 2 bathrooms is $755K, while of a 3 bedroom house with 3 bathrooms is of $865K, a 4 bedroom house with 4 bathrooms is of $1M and a 5 bedroom house with 5 bathrooms is of $1.7M. The prices of townhouses are less than that of detached houses. A double bedroom townhouse with 2 bathrooms is of $566K, a 3 bedroom with 3 bathrooms is of $673K and a 4 bedroom town house is of $565K. The prices of a condominium are even less than of town houses. A single bedroom condo is of $441K, and a 2 bedroom condo with 2 bathrooms is of $472K.
It takes average 9 days for a property to sale in the range of $250K-$500K, average 10 days for a property in range $500K-$750K, average of 10 days for the property in the range $750K-$1M and an average of 26 days for the property in the range $1M-$2.5M.
Right now there are 25 new home developments in the city that are either under construction are recently completed. Out of these are 14 condo developments in which 1207 units are under construction. The remaining are 6 single family home developments and 5 are the townhouse developments.
