Burlington Detached Homes for Sale Under One Million Dollars
According to the Local Real Estate Board RAHB (Realtors Association of Hamilton Burlington), the 2023 average detached home price in Burlington, Ontario was $1,436,180.
In 2023, a total of 146 Detached Homes were sold in the Burlington Real Estate Market for under one million dollars.
Burlington is so close to Oakville, Ontario where the average detached home price is $2.2 Million (per July/2023 OMREB report).
As you look at the map of detached homes sales under $1 Million in Burlington; you will notice it is not concentrated in just one area.
However, the northwest areas of Burlington neighbourhoods of Brant Hills, Mountain Side and Palmer show higher sales than other parts of Burlington.
The average selling price of these homes was around $926,000 and they were an average of 1,200 sf with 3 beds and two baths. It took an average of 17 days to sell these homes. The lowest sale price was $625,000 for a Bungalow in the Aldershot area of Burlington.
The majority of sales of these homes were either Bungalows or Split levels. And 30 of these homes were two-storey homes with one-car garage.
There are good opportunities in Burlington, Ontario to get into mature neighbourhoods for under $1 million. When you buy into these types of homes, you have the option to renovate and live or rent it out.
Depending on the plans and the location of the property, some homebuyers tear down and build new or add an addition to expand the square footage.
Complete the form to get a list of active detached homes for sale in Burlington.
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