Greater Toronto Area
Burlington Real Estate Appraisals
Residential, Commercial & Industrial Property Appraisals in Burlington, Ontario
REX Valuations provides professional real estate appraisal and property valuation services throughout Burlington, Ontario and the surrounding Halton and Hamilton markets.
Our assignments include detached and semi-detached homes, townhouses and condominiums, waterfront and luxury residential properties, commercial buildings, industrial and warehouse facilities, office properties, retail and mixed-use buildings, vacant land, development land and other specialized real estate.
Appraisals may be required for financing, acquisitions and dispositions, matrimonial and litigation matters, estates, property taxation, expropriation, retrospective valuation and other purposes.
Burlington Real Estate Market – Q2 2026
Burlington's residential market strengthened during Q2 2026 and generally demonstrated tighter supply conditions than several neighbouring Halton markets.
Approximately 821 residential properties sold during the quarter, based on 256 sales in April, 286 in May and 279 in June. By June, Burlington recorded a sales-to-new-listings ratio of approximately 49% and only 3.1 months of inventory.
June's average selling price was approximately $1,128,853, essentially unchanged from the prior year, while the median was approximately $995,000. Detached housing was particularly tight, with approximately 2.1 months of inventory.
Commercially, Burlington remained an important western Golden Horseshoe industrial and employment market positioned at the convergence of the QEW, Highway 403 and Highway 407. Q2 industrial availability was approximately 5.2%, with average asking net rent of approximately $15.17 per square foot.
Residential Real Estate Market in Burlington – Q2 2026
Burlington ended Q2 in comparatively balanced conditions, with the freehold market considerably tighter than the condominium sector.
Detached homes had approximately 2.1 months of inventory and a 62% sales-to-new-listings ratio in June, whereas condominium apartments had approximately 5.2 months of inventory. This illustrates a meaningful divide between lower-density freehold housing and condominium properties.
The sales-to-new-listings ratio held near 46% in April and May before rising to 49% in June, while average days on market declined from 32 to 29. Properties sold for an average of approximately 97% of asking price.
The variation between waterfront, established suburban, newer-growth and transit-oriented neighbourhoods makes neighbourhood-level comparable evidence important in Burlington appraisal work.
Q2 2026 Trend
Burlington's detached market ended June with just 2.1 months of inventory and a 62% sales-to-new-listings ratio — among the tightest freehold conditions in the western GTA. Condominium apartments, by contrast, carried 5.2 months of supply.
Burlington Q2 2026 Residential Market Snapshot
| Indicator | Q2 2026 Quarter-End |
|---|---|
| Sales — April 2026 | 256 |
| Sales — May 2026 | 286 |
| Sales — June 2026 | 279 |
| Average Price — April | $1,061,165 |
| Average Price — May | $1,136,578 |
| Average Price — June | $1,128,853 |
| Median Price — June | $995,000 |
| Months of Inventory — June | 3.1 |
| Sales-to-New-Listings Ratio — June | 49% |
| Avg. Days on Market — June | 29 |
| Detached Average — June | $1,420,746 |
| Detached Inventory — June | ~2.1 months |
| Semi-Detached Average — June | $895,725 |
| Townhouse Average — June | $873,750 |
| Condo Apartment Average — June | $645,040 |
| Condo Apartment Inventory — June | ~5.2 months |
TRREB-derived Burlington market data, April–June 2026.
Residential Neighbourhoods in Burlington
Burlington contains a range of housing markets, and values can differ materially across relatively short distances.
Downtown Burlington / Brant
Contains older detached housing, condominium towers, mixed-use properties and higher-density redevelopment near the Lake Ontario waterfront.
Roseland
An established south Burlington neighbourhood containing larger detached homes and mature residential lots.
Shoreacres
Contains established detached housing and higher-value residential properties, particularly closer to Lake Ontario.
Aldershot
Contains older detached neighbourhoods, newer condominiums and intensifying development near Aldershot GO Station.
Tyandaga
Contains established detached housing on generally larger suburban lots and has a distinct residential character compared with Burlington's newer northern communities.
Brant Hills and Headon Forest
These communities contain predominantly established detached, semi-detached and townhouse housing.
Millcroft
Contains a large concentration of detached and executive housing together with townhouse properties.
Orchard and Alton Village
Northeast Burlington includes substantial newer detached, semi-detached and townhouse development.
Commercial Real Estate Market in Burlington – Q2 2026
Burlington's commercial real estate market is supported by a substantial employment base and strong regional transportation infrastructure.
The City's employment lands encompass approximately 1,800 hectares and support roughly 1,982 businesses and 42,500 jobs, representing more than half of Burlington's employment. Broader employment survey data identified approximately 87,391 jobs and 5,080 businesses in Burlington, with retail trade, manufacturing and healthcare/social assistance among the largest employment sectors.
Industrial Property in Burlington
A Colliers-derived Q2 2026 analysis reported Burlington industrial availability of approximately 5.2%, average asking net rent of approximately $15.17 per square foot, net absorption of approximately -95,000 square feet and an average reported sale price of approximately $311 per square foot.
Burlington offered more industrial availability than Oakville while maintaining direct access to the QEW/403/407 highway network. That can make the municipality attractive to manufacturing, distribution and owner-user businesses seeking western GTA access without paying rents associated with some tighter eastern submarkets.
A property along Harvester Road may compete differently from an industrial or business-corridor site closer to Aldershot or the QEW/407 interchange.
Key industrial valuation factors
- Gross building area and clear ceiling height
- Truck-level and drive-in shipping
- Building age and office percentage
- Site coverage, parking and yard area
- Outside storage and electrical capacity
- QEW, Highway 403 and Highway 407 access
- Zoning and environmental condition
- Tenant quality and excess land
- Redevelopment potential
Office and Commercial Property in Burlington
Burlington's office market is part of the broader western GTA suburban office market and includes professional, corporate, technology and medical office properties concentrated particularly around the QEW corridor and Aldershot.
For broader context, CBRE reported that suburban GTA office vacancy declined from 20.7% to 20.2% during Q2 2026, with average suburban asking net rent of approximately $18.38 per square foot. These are regional rather than Burlington-specific statistics.
What Drives Real Estate Values in Burlington?
Burlington's economy is diversified across advanced manufacturing, biomedical and life sciences, clean technologies, professional and financial services, information technology, food production, retail, healthcare and tourism.
A 2024 economic-development report identified approximately 7,664 total businesses, with substantial employment in professional/scientific services, clean technology, biomedical/life sciences and advanced manufacturing. Burlington's position between the GTA and Hamilton also allows businesses to access labour and customers across the broader western Greater Golden Horseshoe.
Major Commercial and Employment Areas in Burlington
Harvester Road
One of Burlington's principal industrial and employment corridors containing industrial, warehouse, office and service-commercial properties.
North Service Road / QEW Corridor
Contains a wide range of employment properties with strong QEW exposure and accessibility.
Appleby Line Employment Area
Contains industrial, commercial and office properties and is influenced by proximity to Appleby GO Station and the QEW.
Burloak / East Burlington
Eastern Burlington connects directly with Oakville's employment districts and contains a substantial industrial and office inventory.
Aldershot
Includes established employment and commercial properties together with significant transit-oriented redevelopment potential around Aldershot GO Station.
Transportation and Accessibility
Burlington occupies an important transportation location at the intersection of the QEW, Highway 403 and Highway 407. The city is served by Aldershot GO Station, Burlington GO Station, Appleby GO Station, Burlington Transit and VIA Rail service at Aldershot.
Burlington Transit also connects to Oakville Transit and Hamilton Street Railway services. This network influences residential commuting patterns as well as industrial, office and commercial property demand.
Development, Planning and Zoning in Burlington
Burlington is planning significant intensification around three Protected Major Transit Station Areas: Downtown Burlington/Burlington GO, Aldershot GO and Appleby GO. These areas are intended to accommodate greater transit-supportive residential and mixed-use development.
For appraisal purposes, properties near these areas may require review of existing zoning, Official Plan policy, approved density and redevelopment potential.
During 2026 Burlington was also updating its employment-area framework in response to provincial planning changes. The City's proposed Official Plan Amendment No. 7 was intended to clarify which lands remain protected for manufacturing, warehousing and other employment uses. This can be particularly important when determining highest and best use for older industrial and commercial properties.
What Affects Property Value in Burlington?
There is no single "Burlington price per square foot" that reliably determines market value. A professional appraisal considers the specific competitive market for the property, rather than applying a municipal average to an individual asset.
Residential
- –Neighbourhood and waterfront proximity
- –Lot size, frontage and dwelling area
- –Age, condition and renovation quality
- –Garage, parking and transit access
- –Aldershot GO and commuter connectivity
- –Recent comparable sales
Commercial & Industrial
- –Zoning and employment-area designation (OPA No. 7)
- –Building area, clear height and shipping
- –Site coverage and outside storage
- –Market rent, vacancy and lease terms
- –Capitalization rates and operating costs
- –QEW, Highway 403 and 407 access
- –Redevelopment potential
Vacant & Development Land
- –Official Plan and MTSA policies
- –Employment-area framework changes
- –Density, servicing and development charges
- –Environmental constraints
- –Highest and best use
Real Estate Appraisal Services in Burlington
REX Valuations provides appraisal and valuation services for a range of Burlington properties, including commercial, office and industrial properties; residential properties; vacant and development land; investment properties; and specialized real estate.
Assignments may be required for
- Financing
- Acquisition or disposition
- Estate matters
- Matrimonial proceedings
- Litigation support
- Property taxation
- Expropriation
- Insurance
- Investment analysis
- Retrospective valuation
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