List of New Condos in Freeman Neighbourhood

Investing in Freeman Real Estate

Freeman’s real estate proves to be a prudent choice for its close vicinity to Lake Ontario. Residents enjoy the captivating waterfront views and the tranquil atmosphere it lends to everyday life. The neighbourhood also benefits from its proximity to the renowned Royal Botanical Gardens, offering a natural escape and a recreational haven surrounded by lush greenery. Freeman showcases a vibrant commercial landscape, featuring lively shopping districts and diverse dining options, ensuring residents have convenient access to various amenities. The well-connected infrastructure, including major highways, facilitates seamless travel to nearby cities, enhancing the overall connectivity of the area. Investing in Freeman offers not only a residence but also a harmonious combination of natural beauty, urban conveniences, and potential long-term appreciation in the real estate market.

Why Buy Pre-Construction Condos In Freeman?

Investing in new condos in Freeman, Burlington offers numerous advantages. In addition to the appealing condo features, the surrounding neighbourhood boasts an array of nearby facilities that enhance convenience and quality of life. A major benefit is the close proximity to Burlington GO Station, enabling easy access to public transportation for seamless commuting. Freeman is also conveniently situated near the picturesque Burlington waterfront, providing residents with breathtaking views and a tranquil ambiance perfect for waterfront strolls, water activities, and relaxation. The neighbourhood is dotted with parks and green spaces, including Spencer Smith Park, Central Park, and Maple Park, offering ample opportunities for outdoor recreation and leisure. For shopping and entertainment, the popular Mapleview Centre boasts a diverse selection of retail stores, dining options, and entertainment venues.These nearby facilities collectively enhance the appeal of investing in pre-construction condos in Freeman, providing residents with a convenient and dynamic living experience.

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Neighbourhood & Lifestyle In Freeman

Freeman in Burlington is a thriving neighbourhood that has transformed from its agricultural roots into a sought-after residential and commercial hub. Its rich history and diverse population contribute to a vibrant cultural fabric, showcased through local events and festivals that celebrate various traditions. The Burlington Performing Arts Centre stands as a prominent cultural landmark, promoting artistic expression. With an emphasis on community and an active lifestyle, Freeman offers residents access to parks, trails, and recreational facilities, such as Spencer Smith Park, Central Park, and Maple Park. Proximity to amenities like Mapleview Centre and the Burlington downtown core adds convenience and further opportunities for exploration. The neighbourhood’s history, cultural diversity, and commitment to community and outdoor living create a dynamic and fulfilling lifestyle for Freeman residents.

Average Price For Condos In Freeman

In 2023, pre-construction in Burlington the average selling price for condos was $901 per foot. In the quarter of 2023 new condos in the Greater Toronto Areas 905 region had a price of $1,172 per square foot. Comparatively in the City of Toronto the average price per foot was $1,673, which is considered low for Burlington. The benchmark price for a resale condo by the end of 2023 in Burlington was $617,500. This represents an increase of 2.63% compared to year. As time goes on things tend to become more expensive and as a result more people are opting to rent homes or buy them. This shift can be attributed to factors such as an influx of residents into the area and challenges with affordability when it comes to purchasing properties alongside ample job opportunities available. Rental rates for condos in Burlington have been steady. Reached an average of around $2,195 per month during the quarter of 2023. This indicates a growth rate of 9% when compared to figures from the year. The demand for purpose built apartments has been outpacing supply leading to a decrease in vacancy rates, within Burlington’s market which currently stands at just 0.4%.