June Stats are Here!

Hamilton, ON (July 2, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,203 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in June 2019. This is a 4.2 per cent increase from June last year; however, a 10.5 per cent decrease over May 2019 and a 1.9 per cent decrease from April 2019. The average price for residential properties increased by 5.2 per cent from June 2018 to $593,549; however, decreased from May 2019 by 0.03 per cent.

“The number of sales and average price is up over 2018, showing that the market is edging higher since it balanced out last year,” says RAHB President Bob Van de Vrande. “Sales have dropped compared to May and April of this year, but paired with a decrease of about four per cent in the number of new listings this could indicate the market is tightening.”

The number of sales for single family properties within the entire RAHB market increased by 11.6 per cent compared to the same month last year, and the average sale price increased by 4.9 per cent. Townhouse sales activity across the entire RAHB market area decreased from June 2018 by 3.9 per cent, and the average townhouse sale price increased by 3.6 per cent to $499,523. Apartment-style property sales decreased by 8 per cent from June 2018, and the average price also decreased by 0.3 per cent.

“Only single family or detached homes saw an increase in average price and number of sales, which bucks the trend we’ve seen over the last year – buyers choosing more affordable options.” adds Van de Vrande. “Of course, this is an overall evaluation of our entire market area, and numbers can deviate from the average when we look at smaller or individual communities.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

*Average sale price can be useful in establishing long-term trends, but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.

ORIGINAL ARTICLE: https://www.rahb.ca/rahb-realtors-release-june2019-statistics/


Enhance Your Condo’s Greenspace with these Tips!

Life in the concrete jungle can still include its share of nature. Give your condo a dose of natural inspiration by including plants in your decor–both indoors and outdoors.

Chic and interesting green landscapes can be achieved in your condo, regardless of the size of your space. Check out these 5 Tips to Enhance your Condo’s Greenspace.

Incorporate Greenspace All Throughout Your Condo

In the warmer months, when the sun is shining through your condo, almost any area will accommodate greenery. Think of plants as you would decor, to enhance your home’s surrounding. A focal point draws the eye in to where it’s wanted (and away from where it’s not wanted). Place greenery everywhere throughout your condo from a display on the dining table, to your mantle, or to draw the eye towards your view. This gives a space more visual interest, and at the same time, makes other unwanted views disappear. In the cold Canadian winter months, having green space sprinkled throughout your condominium keeps things feeling fresh, giving you a much needed dose of nature.

Think of Texture

 

Big, bold tropical plants create a lush feel, especially in a small landscape. Their large leaves can change the scale of a smaller space and help it feel larger. Whether solid green or variegated, their interesting look is unparalleled. Armed with spines, edged with teeth or clothed in masses of small rounded leaves, succulents also offer exciting texture and form, which can be heightened further with contrasting smooth or simple containers. The baby umbrella tree, a miniature of the larger species, has whorls of thick leaflets that tolerate indoors very well, and needs little if any pruning to keep it in bounds. Traditionally such plants have been displayed indoors, but all can be grown outdoors in summer on a sunny sheltered balcony.

Go Vertical

In a condo there tends to be less vertical than horizontal restrictions on your space. Features such as high ceilings and vast windows of sun-facing glass, give you ample opportunity for living decor. Place hanging planters inside, on the walls to maximize use of your space. Turn your bare balcony walls into foliage masterpieces, giving you the feel of being immersed within nature. Vines and tall floor planters with plants that will grow up instead of outward leaves you precious floor space for outdoor seating.

Place Bold and Bright Colours Prominently

 

Count on colour to enhance any space, regardless of its size. Incorporate variations of greens into your condo’s colour palette. Where possible, place bold, bright colours front and centre, where they’ll be admired. They demand attention first, allowing the rest of the space to flow away, making the space look larger than it really is. Orchids are a good value, as they bloom for three to four months. Many indoor plants can be moved outside during the warmer months. If you’re looking for something a bit heartier, but you want colour and longevity, Kalanchoes are a great option. This flowering plant can handle the heat and adds height and tons of colour to the foliage to your balcony.

Edible Gardens

 

Living in a condo doesn’t mean you can’t get your hands a little dirty. If you’re lucky enough to have a south- or west-facing window or balcony and get at least six hours of sun, you can grow almost anything you would normally grow in the ground. Cherry tomatoes, basil and a pot of chives are an ideal starting point. These selections are versatile foods and a sinch to grow. If you’re not quite so lucky and don’t face the sun, tomatoes won’t be an option for you, however you can still grow delicious edible plants in your condo. Chives will survive anything and are a great option, along with lettuce, Swiss chard and other leafy greens. Lettuce doesn’t need a deep pot, it just needs to keep hydrated, so even if all you have is a shallow window box, you can still grow your salad fixings at home.

Original Article: https://www.devmcgill.com/en/blog/bring-spring-to-your-condo-5-tips-to-enhance-your-condos-green-space/


Canada Day 2019!

Bring your national pride to celebrate Canada Day downtown Burlington on Monday July 1st. Enjoy free Canadian-inspired activities and entertainment all day at Spencer Smith Park.

Start you day at 9am with yoga by the pier and continue the fun into the night with Burlingtons unforgettable fireworks show starting at 10pm.

Enjoy numerous other event highlights including: stilt walkers, face painters, hair artists, giant inflatables, sampling booths, great food, vendors and lots of true Canadian spirit!

Date and Time:
Monday, July 1, 2019 02:00 PM – 10:00 PM
Location:
Spencer Smith Park
1400 Lakeshore Rd

Burlington, Ontario, L7S 1Y2


Renters beware: Rental scams continue in Hamilton

Hamilton, ON (June 18, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB) would like to issue a warning to the public that rental scams continue to take place within the City of Hamilton. RAHB continues to receive reports from REALTOR® members who find their for-sale properties posted without permission for rent on various online classified websites.

RAHB encourages potential renters to be aware of a listing that seems too good to be true.

“Prospective renters should always view a property beforehand, and obtain a phone number and office location for the landlord. When working with a REALTOR®, a business card would be provided,” says RAHB President Bob Van de Vrande. “With increasing demand for rental housing, renters need to be extra cautious and exercise good judgement.”

If you see or are affected by a rental scam, Hamilton Police Services suggests reporting the ad to the website where the rental is posted, working with your financial institution if money has been sent, and reporting incidents to local police services and the Canadian Anti Fraud Centre at 1.888.495.8501.

To prevent yourself from being a victim of a rental scam, RAHB and Hamilton Police Services recommend before any money is exchanged, going to the rental property and meeting the landlord; conducting research on listed properties, such as a quick search of the property address on REALTOR.ca; being aware of the language used because often the scammer will attempt to make the situation feel like an exchange between friends; and remember that if it seems too good to be true, it probably is.

“When in doubt, check the information or get in touch with a REALTOR® who can quickly verify the ownership of the property for you,” adds Van de Vrande. “Never send money online without having verified that you are working with a legitimate landlord or brokerage.”

Original Article: https://www.rahb.ca/rahb-realtors-release-june2019-statistics/


May Stats are Here!

Hamilton, ON (June 3, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,344 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in May 2019. This is a 10.9 per cent increase from May last year, as well as a 9.6 per cent increase over April 2019 and a 30.2 per cent increase over March 2019. The average price for residential properties increased by 0.9 per cent from May 2018 to $593,702.

“The number of sales increased double digits over last year and the number of new listings decreased by 5.2 per cent, indicating that we are in the thick of a busy spring market for sellers,” says RAHB President Bob Van de Vrande. “And prices only increasing an average of 0.9 per cent over last year means buyers haven’t watched prices soar while they find the perfect home.”

The number of sales for single family properties within the entire RAHB market increased by 6.3 per cent compared to the same month last year, and the average sale price increased by 0.5 per cent. Townhouse sales activity across the entire RAHB market area increased from May 2018 by 21.8 per cent, and the average townhouse sale price rose by 3.7 per cent to $507,400. Apartment-style property sales increased by 20 per cent over May 2018, and the average price increased by 8.3 per cent.

“When we talk about the ‘RAHB market’, we’re referring to four separate communities – Hamilton, Burlington, Haldimand and Niagara North,” adds Van de Vrande. “The activity experienced in one community may not be taking place in another for a variety of reasons, and that’s why it’s so important for consumers and sellers to use a local REALTOR® who knows the trends within their area.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

https://www.rahb.ca/rahb-realtors-release-may-statistics/


April Stats are Here!

Hamilton, ON (May 1, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB)reported 1,226 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in April, 2019. This is a 6.3 per cent increase from April last year, as well as an 18.8 per cent increase over March 2019 and a 66.8 per cent increase over February 2019. The average price for residential properties increased by 3.9 per cent from April 2018 to $589,324.

“It’s encouraging to see the overall number of sales increase since last year when the market balanced out from 2016 and 2017,” says RAHB President Bob Van de Vrande. “Paired with a consistent increase in new listings month over month, Hamilton, Burlington and the outlying areas provide choice for buyers and a healthy market for sellers.”

The number of sales for single family properties within the entire RAHB market increased by 8.2 per cent compared to the same month last year, and the average sale price increased by 2.3 per cent. Townhouse sales activity across the entire RAHB market area decreased from April 2018 by 0.4 per cent, while the average townhouse sale price rose by 6 per cent. Apartment-style property sales increased by 17.9 per cent over April 2018, and the average price increased by 10.6 per cent to $409,104.

“When we look at our entire market area, we can see that there are variances in the number of sales and listings, as well as average price, from community to community,” adds Van de Vrande. “That’s why it’s so important for consumers and sellers to use a local REALTOR® who knows the trends within their community – especially heading into a healthy spring market.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

https://www.rahb.ca/rahb-realtors-release-april-statistics-2/


March Stats are Here!

Hamilton, ON (April 1, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB)reported 1,032 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in March, 2019. This is a 1.2 per cent drop from March last year; however, a 40 per cent increase over February 2019 and a 74 per cent increase over January 2019. The average price was up from March 2018 by 4.9 per cent to $575,099.

“The increase in the number of sales from January and February shows that we are full steam ahead and anticipate a healthy spring market,” says RAHB CEO George O’Neill. “We experienced a two per cent increase in the number of listings over last year, which means more overall choice for buyers.”

The number of sales for single family properties within the entire RAHB market fell by 2.7 per cent compared to the same month last year, and the average sale price increased by 5.6 per cent. Townhouse sales activity across the entire RAHB market area increased from March 2018 by 8.6 per cent, while the average townhouse sale price rose by 1.2 per cent. Apartment-style property sales were exactly the same as in March 2018, and the average price increased by 3.5 per cent to $376,391.

“Our market area includes Hamilton, Burlington, Haldimand and Niagara North, and within these areas are smaller communities that each have their own distinct characteristics,” add O’Neill. “The trend over the past several months has been that buyers are choosing more affordable properties and more affordable communities. We expect this to continue throughout the spring market.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.


February Stats are Here!

Hamilton, ON (March 1, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 735 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in February, 2019. This is a 4 per cent drop from February last year; however, a 24 per cent increase over January 2019. The average price was up from February 2018 by 1.9 per cent to $557,135.

“Last year this time we saw the beginnings of a more balanced market,” says RAHB CEO George O’Neill. “The data for January and February is trending upwards and could lead into a healthy spring market for both buyers and sellers.”

The number of sales for single family properties within the entire RAHB market fell by 2.9 per cent compared to the same month last year, and the average sale price decreased by 0.7 per cent. Townhouse sales activity across the entire RAHB market area was also down from February 2018 by 4.2 per cent, while the average townhouse sale price rose by 4.9 per cent. Apartment-style property sales decreased by 6.2 per cent over February 2018, and the average price increased by 11 per cent to $413,801.

“The trend for the past few months has been that more affordable properties and communities have been seeing gains, but this month the statistics vary regardless of type of property and location,” notes O’Neill. “The numbers can change from one month to the next, and that’s why it’s best to work with a local REALTOR® when buying or selling. They know their communities and have access to comprehensive data throughout the month.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

*Average sale price can be useful in establishing long-term trends, but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.

– 30 –


January Stats are Here!

Hamilton, ON (February 4, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 593 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in January, 2019. This is a 3.6 per cent drop from the same month last year. The average price was up by 4.7 per cent to $550,058.

“This is a promising start to 2019,” says RAHB CEO George O’Neill. “For sellers, the average price of a home has increased over 100 per cent since 2009. For buyers, sales activity has slowed, the number of new listings has increased, and we are sitting firmly in a balanced market.”

The number of sales for single family properties within the entire RAHB market fell by 2.8 per cent compared to the same month last year, and the average sale price increased by 7 per cent. Townhouse sales activity across the entire RAHB market area were also down from January 2018 by 2.6 per cent, while the average townhouse sale price rose by 5.3 per cent. Apartment-style property sales increased by 3.2 per cent over January 2018, and the average price increased by 5.8 per cent to $381,504.

“The January numbers have picked up since the downturn we experienced in December,” adds O’Neill. “The trend is still the same – lower priced properties such as townhouses and apartments seem to be the preference for consumers, and are in high demand.”

RAHB revised their 2018 year-end market report as inconsistencies were found within the 2017 data related to listings posted on multiple MLS® systems. These “double listings” resulted in the sales and listings figures being higher than what actually took place in 2017.

With the change to the 2017 data, RAHB reported 11,584 sales of all properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in 2018. Corrected, this is 13.7 per cent fewer sales than in 2017 as opposed to a 17.5 per cent drop. Previously reported was a one per cent decrease in the average sale price for all properties for 2018; however, corrected data shows a 0.23 per cent increase in average price – $563,202. Burlington was most affected by the double listing issue, and saw a decrease in listings of 2.4 per cent (not 12.7 per cent) and a decrease in sales of 7.7 per cent (not 17.4 per cent).

With the changes made to the 2017 data the trends remained the same – the RAHB market went from a strong, prolonged seller’s market to a balanced market where buyers had more time to view and compare properties before putting in an offer to purchase.

Additional information and the revised 2018 year-end market reports can be found on the RAHB website at [LINK].

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

*Average sale price is based on the total dollar volume of all properties sold through the RAHB MLS® System. Average sale price can be useful in establishing long-term trends, but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.


RAHB REALTORS® Release 2018 Year-End Statistics

The REALTORS® Association of Hamilton-Burlington (RAHB)reported 11,882 sales of all properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in 2018. This is 17.5 per cent fewer sales than in 2017. The total dollar volume of sales was also down from the previous year, and was more in line with the volumes of 2013 and 2014. This also resulted in a one per cent decrease in the average sale price for all properties for the year – $566,328.

“The 2018 real estate market levelled out from the eventful years of 2016 and 2017,” noted RAHB CEO George O’Neill. “The market went from a strong, prolonged seller’s market to a balanced market where buyers had more time to view and compare properties before putting in an offer to purchase.”

In the residential market, listings were down 9.8 per cent compared to the previous year and sales were down 17.5 per cent. When broken out into the four main RAHB market areas, Hamilton experienced a decrease in listings of 9.3 per cent and a decrease in sales by 17.5 per cent; Burlington saw a decrease in listings by 12.7 per cent and a decrease in sales by 17.4 per cent; Haldimand welcomed an increase in listings of 14 per cent, while sales remained essentially the same; and Niagara North saw increases in both listings and sales by 26 per cent and 5 per cent, respectively.

“According to the numbers, some local markets fared quite well this year,” says O’Neill. “This could indicate that buyers are shifting their focus from some larger and more expensive market areas to those that are more affordable.”

In the overall RAHB residential market, the average price was down 1.5 per cent over the previous year and the median price stayed virtually the same. Over the past decade the average price of a residential property within the RAHB market has increased by 100.5 per cent.

Hamilton and Haldimand saw increases in the average price, while Burlington and Niagara North experienced decreases.

With respect to property style, the biggest gains in terms of average price and new listings within the four main RAHB market areas were apartment-style properties. Detached and townhome average prices were up in Hamilton and Haldimand; however down within the other two market areas.

Average days on market increased overall within the four areas of the RAHB market, and when broken down by property type, only apartment-style in Haldimand saw a decrease.

“When we look at the data by property style, apartment-style and townhomes outperformed detached properties,” notes O’Neill. “We’ve seen this trend throughout 2018, and is another indicator that buyers are looking for more affordable options.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. RAHB REALTORS® have the local experience, knowledge and tools to help buyers and sellers make those big decisions.

*Average sale price is based on the total dollar volume of all properties sold through the RAHB MLS® System. Average sale price can be useful in establishing long-term trends, but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local RAHB REALTOR®.


803-360 Pearl St.

Fantastic 2 bedroom, 2 bathroom suite in fabulous 360 On Pearl condominium, downtown Burlington. This 1335 sq. ft. unit features a beautiful white kitchen with pots & pan drawers, pantry with slide out shelves, designated garbage/waste cabinet etc., oversized upgraded island with granite countertops, Culligan filtered water, top quality hardwood floors throughout, pot lights, crown mouldings and motorized window coverings. Expansive master bedroom suite with two large closets and spa-like ensuite bathroom. Second bedroom could also be used as a convenient home office. Exceptional views of downtown Burlington and Lake Ontario from the South West facing balcony. Includes 2 side by side parking spaces and 2 storage lockers (one oversized). Building amenities include party room, fitness centre, media room, rooftop terrace and 24 hour security.

List Price: $899,900

Click here for full listing


Burlington Rentals

Your condo rental specialists! We have outstanding condo units available in Burlington’s most sought-after buildings.

The Berkeley in Downtown Burlington

The Berkeley is reminiscent of a New York style boutique hotel. Hardwood flooring, expansive private balcony, floor-to-ceiling windows, Barzotti kitchens & more. Sizes up to 1500 sq. ft. Ready for occupancy now! Rentals from $1900/month – $4000/month.

Click here for full listing

The Berkeley Rental Office
Location: 2025 Maria Street, Burlington
Hours: Saturdays from noon to 5pm
Contact: jennifer@daviescondos.ca

 

Paradigm in Midtown Burlington

Fabulous units available for rent in the sought-after Paradigm complex. Located in midtown Burlington right next door to the Burlington GO Station with quick access to all major highways, local transit, shopping and dining. 1 bedroom, 1+den and 2 bedroom units available, ranging from $1550 to $2350.

Click here for full listing

Paradigm Rental Office
Location: 2081 Fairview Street, Burlington
Hours: Tuesday to Thursday from 3 to 7pm, Saturday from 9am to 5pm
Contact: vanessa@daviescondos.ca

 

Condo Rentals throughout Burlington

Davies Condos represents condo rentals throughout Burlington and the surrounding areas. From one bedrooms starting at $1500/month to 3 bedrooms up to $4000/month. There is something for all! Contact us today at rentals@daviescondos.ca.

Featured Rental: 1005-399 Elizabeth Street

 


Downtown Rentals

Now renting The Berkeley condos in downtown Burlington. Available early 2019. Luxury. Upscale. Fabulous Finishes.

The Berkeley is reminiscent of a New York style boutique hotel. Smooth finish 9-foot ceilings, prefinished engineered hardwood flooring, expansive private balcony, floor-to-ceiling windows, Barzotti kitchens with many added features and more.

1 bedrooms from $1900
1 bedroom + den from $2195
2 bedrooms from $2850
2 bedrooms + den from $3500

Click HERE to book a tour of The Berkeley and available suites


Paradigm Rentals

Wonderful two bedroom units available for rent in sought-after Paradigm complex in midtown Burlington.

The Paradigm Centre Tower is available for occupancy now. Two bedrooms starting at $1800/ month.

– Fabulous new condo next to Burlington GO Station
– Quartz counters, luxury plank floors & built-in appliances
– 24-hour security, indoor pool, basketball court, theatre etc.
– First & last deposit and credit check required
– Rent is plus hydro

For more information, contact Vanessa at vanessa@daviescondos.ca or visit the rental office at 2089 Fairview St.

Rental Office Hours:
Tuesday – Thursday: 3 to 7 p.m.
Saturday: noon to 5 p.m.

1 bedroom and 1 bedroom+den units are also available for rent.


PHB-2025 Maria Street

Brand New – luxurious, outstanding Penthouse at The Berkeley, located in the heart of downtown Burlington. No detail overlooked. 2.5+1 bedroom and 2.5 bath penthouse suite, located on Maria Street. Hotel inspired, intimate lobby, stunning architecture with 3-storey precast stone podium. True luxury in this Penthouse of 2200+ sq. ft., and over 1000 sq. ft. of amazing outdoor terrace c/w gas line and hose bib.

Designer Barzotti kitchens, wood floors throughout (except bathrooms), GE Monogram appliances, cook top gas or electric. Valance lighting. Wine fridge. Stone counters w/ polished square edge, wood grain interior kitchen cabinets. This is the perfect alternative to a large home – a unique property with abundance of light just steps from restaurants and shops. 10′ ceilings, 7′ Tudor style solid wood baseboards, 3′ matching backband casings. 8′ interior passage doors throughout w/ satin nickel levers and hinges. 2 parking space. Oversized locker. Occupancy spring 2019.

  • 2+1 bedroom, 2.5 bathroom
  • Condo Fees: $1212.80
  • Listing Price: $2,500,000

Learn more: The Berkeley Penthouse EBrochure 

For more information, please contact Davies Condos at info@daviescondos.ca or 905-333-4347.

 

 


801-2210 Lakeshore Rd.

Rare opportunity to own a 1-bedroom in the prestigious Lakeforest condominium in downtown Burlington.

Features: White kitchen with stainless appliances and breakfast nook, spacious living & dining rooms, bedroom and 4 piece bathroom. Eastern exposure from large balcony with stunning views of Lake Ontario. Exceptional building amenities such as in-ground pool, outdoor patio, party room/library, fitness centre and beautiful gardens. Just a short walk to all the best shops, restaurants and parks downtown Burlington has to offer. Includes one parking space (LVL B, #13) and one locker (L-27).

  • 1 bedroom, 1 bathroom
  • Taxes: $3130.33
  • Condo Fees: $555.62

Berkeley Downtown Rentals

Now renting The Berkeley condos in downtown Burlington. Available early 2019. Luxury. Upscale. Fabulous Finishes.

The Berkeley is reminiscent of a New York style boutique hotel. Smooth finish 9-foot ceilings, prefinished engineered hardwood flooring, expansive private balcony, floor-to-ceiling windows, Barzotti kitchens with many added features and more.

1 bedrooms from $1900
1 bedroom + den from $2195
2 bedrooms from $2850
2 bedrooms + den from $3500

Click HERE to register for more information


Gallery Condos & Lofts

Register Now for Gallery Condos & Lofts!

Art Inspired Living from the $400’s to over $1M in downtown Burlington.

CLICK HERE to REGISTER

Davies Condos is the exclusive Broker for Gallery Lofts and Condos

Linda Davies Real Estate Brokerage Ltd.

6-360 Pearl Street. Burlington. Ontario. 905-333-4347


RAHB Realtors®

The REALTORS®  Association of Hamilton-Burlington (RAHB) released August statistics. RAHB reported 1,089 residential sales were processed through the RAHB Multiple Listing Service® (MLS®) System in August, 2018, less than one percent more than the same month last year and 2.9 per cent fewer than the 10-year average for the month.

Residential freehold sales were exactly the same as August of last year, while condominium sales were 2.9 per cent higher.

New residential listings were three per cent lower than the same month last year, and 4.5 per cent lower than the 10-year average.

“August was the first month this year that sales were closer to the 10-year average. Monthly sales have been double-digits lower than average, where this month they were less than three per cent lower,” says RAHB CEO George O’Neill. “In fact, if you remove the two record-setting months of August in 2015 and 2016, sales were in line with the 10-year average.”

The average residential sale price for August 2018 was 2.4 per cent lower than August of last year.

“The number of sales in the condominium market were higher this August, with a corresponding increase in the average sale price for condos over last year,” adds O’Neill. “This might indicate some buyers are looking to purchase more inexpensive options.”

When looking at the year-to-date number of sales and average sale price, the peak of the spring market for residential occurred in May. RAHB expects there to be the usual upswing moving into the fall market.

Neighbourhoods throughout the RAHB area experience results that differ from the average of the entire RAHB market area. In August, Hamilton Centre, Burlington, Stoney Creek and Dunnville experienced significantly higher increases in residential average sale price than the RAHB average, while Hamilton West and Flamborough experienced slightly greater decreases in average price than the RAHB average.

Neighbourhoods vary, so determining the right price when buying or selling a property can be challenging. Local REALTORS® have the experience and tools to help buyers and sellers make those big decisions, so please consult with one.


Why do condo fees differ?

Highrise Condo Fees in Burlington seem to be all over the map.  Why do they vary so much?

On average, maintenance fees range from a low of approximately $0.33 /square foot to a high of $0.94/square foot.  Why?

Well, the first, most significant factor that affects the level of condo fees in any building is the number of units.  Contrary to popular belief, it is NOT the extent of amenities.

 

Example #1:  We will compare 3 buildings.  All buildings have an indoor swimming pool, party room, games room, underground parking garage, and landscaped communal BBQ area.

All buildings are separately metered for hydro.  All have 24 hour security.

 

Size                       Condo Fee/sq ft.

Building #1          330 Units             $.57/sq ft

Building #2          187 Units             $.61/sq ft

Building #3          117 Units             $.68/sq ft

 

Example #2:  We will compare 2 buildings with very few amenities, in fact none.  No security, no pools, underground garage, and small party rooms.

 

Size                       Condo Fee/sq ft

Building #1          13 Units               $.67/sq ft

Building #2          135 Units             $.47/sq ft

 

Note:  Building #1 in the second example has condo fees as high as Building #3 in the first example.  And Building #3 in the first example is loaded amenities!

So, to get the lowest condo fees, buy into the largest development with no amenities.    The single most costly amenity is security – especially 24 hours around the clock.  This is one of the largest items in a condo budget.   A topic for another day.


Cursing Condo Fees!

Many people tell me they love the idea of condos for all the good reasons (freedom, lock the door and go, peace of mind, modern fittings and finishes, no more snow, built in community, contemporary layouts, great locations, convenient amenities) but just simply won’t consider buying one because they can’t stomach the idea of paying condo fees.

I call their bluff…..they are just  not ready for a condo move.

To replicate the level of amenities and service that one gets in a condo, to fully quantify all of the operating costs of a detached home and also to contribute monthly to a slush fund for future major expenditures, condominium fees start to look like a bargain.

Well, that may be excessive, but you know what I mean.

I fully admit that one has to willingly and gleefully embrace the condo lifestyle.  If you want to save money by cutting your own grass and cleaning your eaves troughs and shoveling snow, you are not a good condo candidate. But if you are ready to embrace the hassle-free condo lifestyle the condo fees are part of the package.

Watch for my next post where I will dive into why condo fees vary from building to building.

Thanks for reading!!

 


RAHB REALTORS® Release July Statistics

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,072 residential sales were processed through the RAHB Multiple Listing Service® (MLS®) System in July 2018, 4.7 per cent fewer than the same month last year and 16.3 per cent fewer than the 10-year average for the month.

Residential freehold sales were 3.2 per cent lower, and condominium sales were 11.5 per cent lower, than July last year.

New residential listings were 8.4 per cent lower than the same month last year, but 1.5 per cent higher than the 10-year average.

“Comparing this July to last does not necessarily provide an accurate picture of the market, as last year’s increase in listings and prices were influenced by government regulations,” says RAHB President and local REALTOR® Jack Loft. “Right now, we are sitting on the border between a balanced market and a seller’s market.”

The average residential sale price for July 2018 was up 1.3 per cent, continuing the upwards trend for the month of July over the past 10 years.

Neighbourhoods throughout the RAHB area experience results that differ from the average of the entire RAHB market area. In July, while Hamilton Centre, Hamilton Mountain and Burlington followed the trend of significantly fewer sales compared to last year but had higher increases in average sale price, Ancaster saw an increase in sales but a dip in the average sale price compared to last year.

“Even within neighbourhoods, the real estate market differs from one street to another, from one property to another,” adds Loft. “REALTORS® know the local markets and can help buyers and sellers navigate their way to a successful home buying or home selling experience.”


What Makes a Condo Floor Plan Work??

Of course, that’s personal.  To buy a condo from floor plans can be a daunting task at best.  For those of you who have trouble picturing a 2 dimensional floor plan in real life, let me give you a hint on how to see it in 3D and how you can imagine you would live in it.

Take a walk with me.  Yes, I mean, take a walk.  Mentally or virtually.

Start at the front door.  Open it.  What do you see immediately – a beautiful piece of art, a hallway, a doorway, a closet, a foyer?   Kick off your shoes.    Hang up your coat.  Where do you throw your keys?

Take your groceries to the kitchen.  Make dinner.  How is the magic triangle (a line from fridge to stove to sink) working in this kitchen?   Where is the prep area,  cooking area and clean up area?    What do you see when you stand at your sink?  Is there enough cupboard space?

Answer your door when visitors arrive.  Hang up their coats.  Take them into your living room.  Serve them a drink.  Go out to your balcony.  How are you sitting?  Can you create a conversation circle that works in both your living room and your balcony?  Sit down for dinner.  Where are you sitting?  What do you see?  Where does your TV go?

Now it’s time for bed.  Walk into the bedroom.  Where is the entrance door to the bedroom?  Does it bang into any other doors such as an ensuite bathroom or closet door?   Do you have to close your bedroom door in order to get into your closet?  How big is the closet?  Where do you keep your laundry hamper?

Oh no, it’s time to do laundry.  Take your hamper (from where?) to the laundry.  Where do you fold?  Where do you keep sheets and towels?

How large are the windows?  Which way does it face?  Whether you want a lot or a little, how much sun will you get?  What will you be looking at when you sit on your sofa – both inside and outside of your unit.  Do you have full view into a bathroom from your living room….this isn’t really pleasant.  Do you look into a wall of an adjacent building or do you have a vista of some kind?

Thank you for going on a virtual walk with me. Hope it helps.

 


The Condo Market is Hot!

Condos still remain the affordable option for many – especially in Burlington!

While the average condo price in the GTA in June 2018 was $774,554, (23.5% increase year or year) the average price of a condo in Burlington compared to Toronto is still a bargain!

Toronto has broken the $1,000/sq ft threshold on average for new condos, Burlington’s offerings for new condos hover in the low to mid $700’s/square foot as of June 2018. (Urbanation Report:  Project Sales by Municipality and Sub-Market)

With a current shortage of supply in both the resale and new condos, these numbers appear to only be going up.

Careful!  Averages can be deceiving.    Burlington, for example has new condos for sale ranging from the $500’s/sq. ft. to over $1,000/sq. ft.


RAHB REALTORS® Release June Statistics

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,257 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in June, 14.2 per cent fewer than the same month last year and 19.2 per cent fewer than the 10-year average for the month.

All property listings were 19 per cent lower than the same month last year, but 1.1 per cent higher than the 10-year average. Residential sales were 13.7 per cent lower than June of last year, with residential freehold sales 13.3 per cent lower and condominium sales 15.6 per cent lower than the same month last year.

“Having a more balanced market this year really showcases how busy the market was for the last few years,” says RAHB CEO George O’Neill. “Sales and listings are down from last year, but they’re being compared to a year impacted by government regulations. The regular spring market pattern has returned this year.”

Although the average residential sale price for June 2018 is lower compared to June 2017, prices have made healthy gains over the past five and 10 years.

There has been an increase in sales in some areas of our market, such as Hamilton West, Dundas, Grimsby and Dunnville. Some areas which were particularly active over the last few years, such as Hamilton East, Hamilton Centre and Burlington, are still experiencing fewer sales.

“The numbers show the fluctuations and distinct characteristics between our various communities,” adds O’Neill. “This is why a local RAHB REALTOR®’s professional advice is critical when buying and selling your property.”

*Average sale price is based on the total dollar volume of all properties sold through the RAHB MLS® System. Average sale price can be useful in establishing long-term trends, but should not be used as an indicator that specific properties have increased or decreased in value.