With housing supply still at record lows, we are currently in one of the most competitive seller’s markets on record. Buyers simply don’t have as many options as they did in previous years, and their demand for real estate is well-outpacing current inventory.
In a market like this, one excellent option for homebuyers and investors alike is the preconstruction sector. Burlington is also experiencing a pre-construction boom right now with several new developments in the works.
Did you know that Burlington was voted the best mid-size city in Canada in 2019 by MacLeans Magazine?
Are you thinking about investing in a Burlington pre-construction home? Here are six new developments in Burlington to get excited about:
1. Martha James by Mattamy Homes
Located at 2088 James Street, Martha James by Mattamy Homes is a stunning example of comfort and convenience combined. Situated in a mature park side neighbourhood just steps away from the hustle and bustle of Downtown Burlington, Martha James is ideal for buyers who want to stay close to the action but retain the comfort and space of living close to nature.
Lake views and luxurious building amenities such as a rooftop patio, fitness centre, community garden and concierge-attended lobby are only a few of the excellent features you get at this fantastic condo opportunity.
Priced starting at the low $500,000s, Martha James also features nine-foot ceilings throughout and thoughtful open-concept floorplans, perfect for buyers seeking a contemporary home in one of Burlington’s most desired locations.
2. BeauSoleil Condos by Carriage Gate
Downtown Burlington is getting another exciting new development with BeauSoleil Condos by Carriage Gate. Consisting of 291 units across 29 storeys, BeauSoleil Condos offer a great opportunity for buyers looking to capture the high-rise condo lifestyle.
Perfectly located at 2069 Lakeshore Road, the development offers fantastic lake views and proximity to everything you could ever need. BeauSoleil Condos is within walking distance to parks, shopping, dining and more, ideally combining comfort, convenience, and entertainment into one great building.
With prices starting in the high $400,000s, BeauSoleil Condos perfectly combines quality and value.
Still on the fence about pre-construction? Read our blog Resale Home or Pre-Construction: Which is Right For You here.
3. Gallery Condos & Lofts by Carriage Gate
As the second contribution from Carriage Gate on this list, Gallery Condos & Lofts is one of the most highly anticipated condo developments in Burlington right now. Breaking ground in 2019, this project was inspired by local artists and the desire to live a beautiful, meaningful life.
With 22 storeys and 161 units, Gallery Condos & Lofts is an exceptional luxury tower with prices ranging from the high $400,000s all the way up to $2 million. Perfectly appointed at the corner of Brant and James Street, Gallery Condos & Lofts is right across the street from City Hall with excellent city and lake views.
The building features amenities such as an “elaborate” party room, yoga room, billiard room, indoor pool, rooftop lounge and more. With mixed-use retail at the ground level, residents of Gallery Condos & Lofts experience unparalleled luxury and convenience in the heart of Burlington.
4. Millcroft Towns by Branthaven
If sky-high condo living isn’t your cup of tea, Millcroft Towns by Branthaven might be made for you. In fact, these bespoke custom towns in the covetable upper Burlington community of Millcroft can literally be built for you.
With endless options and luxurious finishes and details, Millcroft Towns offers exceptional options such as a range of floorplans, custom interiors, optional elevators, double car garages and more. With absolute control, you have the opportunity to specifically craft your lifestyle.
Millcroft Towns floorplans range in size from 1,730-2,530 square feet and feature private backyards and proximity to exceptional country club amenities.
Have you heard of assignment sales? They’re a big part of the pre-construction market. Read our guide to assignment sales right here.
5. 490 Plains Road East by National Homes
The condo and townhouse development at 490 Plains Road East is a highly-anticipated development set to be complete in 2022. This is a midsize building with eight floors and 386 units.
The building experts at National Homes paired with Kirkor Architect + Planners to conceptualize and design the building, and as a result, the condos feature a stylish, functional and modern design that appeals to a wide range of buyers.
490 Plains Road East is also conveniently located close to the Burlington Power Centre as well as numerous conveniences like local transit stops, shopping, dining and entertainment.
6. Fairview GO by Valour Group
Fairview GO by Valour Group is a proposed two-tower, 19-storey residential development located next to Burlington’s Appleby GO Station. With 378 units, this new development is in the much sought after neighbourhood of Brant Hill in Burlington north.
Close to many convenient amenities such as public transit and access to the highway, Fairview GO is the perfect opportunity for professionals. Building amenities include ground-level mixed retail and the building is within walking distance to shopping, dining and entertainment.
Whether buying a resale home or a pre-construction property, a local Burlington real estate agent can help you make the right decisions to benefit your unique situation. Learn more about working with us right here:
- Why You Should Work with a Local Agent
- The Woolcott Buying Advantage
- Woolcott Buying Resources
- Become a Real Estate Investor
