Home bargains to be found despite hot real estate market in Burlington, Oakville, Milton

The GTA’s late fall housing market has been anything but normal in Oakville, Milton, Burlington and Halton Hills.

While activity typically tapers this time of year due to cooling weather and the impending holiday season, buyers remain in full force, driving sales to a new record for the month and exceeding 2020 levels for the first time since June.

Home prices, meanwhile, continued their stratospheric climb due to a crucial lack of available properties for sale, a trend seen across the Halton regions.

According to information released by the Toronto and Region Real Estate Board, Halton has one of the highest home price point of any GTA market, with an average price tag of $1,356,591, an increase of 27 per cent. But that isn’t stopping an onslaught of buyers who are keen to scoop up low rise homes in residential neighbourhoods.

The more affordable condo segment experienced hot demand last month, as sales rose 39 per cent with 129 units exchanging hands at an average of $688,489.

Here are the least expensive homes sold in Halton during November.

Least Expensive
1206-100 Burloak Drive, Burlington

This updated condo, perfect for a retired person or couple, sold for $385,000 in a week, only $2,500 under the asking price. The facility has many amenities, including indoor pool, library, exercise room, lounge, and concierge.

Photo courtesy of Royal LePage Realty Plus Oakville

609-2411 New Street, Burlington

This two-bedroom condo in central Burlington sold for $395,000. Surrounded by parks and shopping, the location is close to downtown and offers easy highway access. Perfect for first-time buyers or investors.

Photo courtesy of Scott Benson Real Estate Inc.

405-2052 Courtland Drive, Burlington

This condo sold for $10,000 over asking price, getting $410,000, in just three days. The top-floor, one-bedroom unit has a bright, open layout and is easy walking distance to the GO station and other transportation, restaurants and shopping.

Photo courtesy of Royal LePage Burloak Real Estate Services

808-20 Speers Road, Oakville

This large condo with two bedrooms, two baths and den sold for $445,000. Located in Kerr Village, close to the Oakville GO, highways, schools and the waterfront.

Photo courtesy of Michael St. Jean Realty Inc.

1001-700 Dynes Road, Burlington

A beautifully-renovated one-bedroom, 10th-floor condo sold for $466,000. New kitchen appliances, quartz countertops and subway tile backsplash. New flooring and trim throughout and comes with two parking spots.

Photo courtesy of Royal LePage Burloak Real Estate Services

310-2020 Cleaver Avenue, Burlington

This top-floor condo in the Palmer neighbourhood sold for $480,000. Bright, spacious with plenty of sun, the open-concept layout has one bedroom and a den. Walk to local shopping, restaurants, schools, parks and community centre.

Photo courtesy of Purplebricks