Published 2 November 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
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Nautique Lakefront Residences is ADI Development Group’s 26-storey, 254-unit tower at Lakeshore Road and Martha Street in downtown Burlington, registered in May 2024. In November 2026 the builder was still selling suites from the mid-$300,000s with a no-HST offer, and units are exempt from rent control.
This guide is for buyers, investors and renters looking at Nautique Lakefront Residences in downtown Burlington. You will get the building facts, the builder’s current offer on its last new suites, what fees look like, what Burlington condos sell and rent for, and the questions I would ask before signing in 2027.
Where is Nautique Lakefront Residences and what is nearby?
Nautique stands at Lakeshore Road and Martha Street in downtown Burlington, with suites addressed at 370 Martha Street (a building-data website also lists 374 Martha Street for the building). The builder describes it as steps from the Waterfront Trail and a short walk from Spencer Smith Park and the Brant Street Pier.
The builder’s site also points to Village Square, the Burlington Performing Arts Centre and the Art Gallery of Burlington nearby, along with the restaurants and patios of the downtown core. This is the east end of the downtown waterfront strip, a few blocks from Brant Street. My guide to Burlington lakefront condos from Brant Street to Spencer Smith Park compares the buildings along this stretch.
Who built Nautique and when was it finished?
ADI Development Group built Nautique. A building-data website lists 26 floors and 254 units, with the corporation, Halton Condominium Corporation No. 775, registered on 16 May 2024. That makes it one of the newest high-rises in downtown Burlington.
The road to completion was not smooth. In December 2022, insauga reported that ADI had settled with the Home Construction Regulatory Authority (HCRA), Ontario’s builder licensing regulator, after complaints that ADI cancelled 174 Nautique purchase agreements, citing a failure to get satisfactory construction financing. Under the settlement, affected buyers were to get their deposits back plus about $2.5 million in interest, and ADI paid a $60,000 fine. The building was then finished and registered in 2024.
That history does not change the title to a resale suite today. It is a reminder of how pre-construction risk works, which I cover in what happens when a GTA condo project is cancelled.
What suite types and sizes does Nautique have?
The builder lists studios, one-bedrooms, one-bedroom-plus-dens, two-bedrooms and two-bedroom-plus-dens, with interiors by Cecconi Simone and ceilings up to 11 feet. A building-data website shows suite sizes from about 424 sq ft to about 2,062 sq ft.
Check how each size is measured. On the builder’s floor plans, some totals include the balcony. For example, its “Airde” one-bedroom-plus-den is shown as 941 sq ft, made up of 675 sq ft inside and a 266 sq ft balcony. When you compare price per square foot, use the interior figure.
What amenities does Nautique have?
The builder lists two amenity floors. The 4th floor has outdoor dining, an outdoor fire pit, a swimming pool, an indoor fireplace lounge, an indoor and outdoor bar, an indoor and outdoor yoga studio and a fitness centre. The 20th-floor sky lounge has a dining room, a show kitchen, a fireplace lounge and an outdoor fire pit with an observation deck. A building-data website also lists a concierge.
A pool and two amenity floors add to running costs, so read how they are funded in the budget and the reserve fund study.
How much are maintenance fees at Nautique?
In the resale listings a building-data website showed in November 2026, a studio under 500 sq ft carried a fee of about $527 a month. Suites of 600 to 699 sq ft ran about $660 to $740, and two-bedrooms of 800 to 899 sq ft about $802 to $942, each with one parking space. Ask what the fee includes, since listing pages do not always show it.
Nautique’s first owner-run years are happening now. Reserve fund studies and the first real operating costs often lead to fee changes in a building this new. Ask for the status certificate and read my checklist on what to look for in a status certificate.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
Can you still buy a new suite from the builder at Nautique?
Yes, as of 10 November 2026. The builder’s site describes a “final collection” of move-in-ready suites from the mid-$300,000s, with a limited-time offer to pay no HST on a brand-new, never-lived-in suite, plus free parking and a full new home warranty. Advertised starting prices included a 424 sq ft studio from $361,053 and a 558 sq ft one-bedroom from $450,434. Prices and offers change, so confirm them in writing.
Two rules matter here. First, Ontario’s enhanced new housing rebate covers the 8% provincial part of the HST, up to $80,000, on new homes up to $1 million bought from a builder under an agreement signed between 1 April 2026 and 31 March 2027, if the home is your or a relative’s primary residence. Second, ask how a “no HST” offer works. In many builder deals the price includes HST and the buyer assigns the rebates to the builder, so a buyer who does not qualify, such as an investor, may face different terms. Read my piece on the Ontario HST rebate on new homes and have your lawyer check eligibility before you sign.
When a builder still owns unsold suites, ask how many it holds, whether its share of the fees is paid up, and whether any deficiency claims with Tarion are open. A buyer from the builder also signs a new-home agreement, not a standard resale form, so have a real estate lawyer review it before it goes firm.
What do Burlington condos sell and rent for in 2026?
These are city-wide Burlington figures for all condo apartments, not Nautique’s own prices. Use them to judge whether a builder price or a resale ask is in line with the wider market.
| Measure | Burlington condo apartments |
|---|---|
| Median sold price, Jan–Oct 2026 | $529,950 (down 4.9% year over year) |
| Median sold price, Jan–Oct 2025 | $557,500 |
| Average days on market, Jan–Oct 2026 | 52 |
| October 2026: sales, median, sale-to-list | 37 sales, $545,000, 98% |
| Average bachelor rent, Q2 2026 | $1,725 (only 3 leases) |
| Average one-bedroom rent, Q2 2026 | $2,159 |
| Average two-bedroom rent, Q2 2026 | $2,785 |
Source: TRREB MLS data via REALM, January–October 2026 vs the same period of 2025 (City of Burlington); TRREB Market Watch, October 2026; TRREB Rental Market Report, Q2 2026 (average lease rates). The Q3 2026 rental report was not posted when I checked on 10 November 2026.
A quick reading: the builder’s advertised one-bedroom start of about $450,000 sits below the city median, which mixes all sizes and ages. Units take about 52 days to sell on average, so a resale owner here competes with both other listings and the builder’s own stock. For a closer look at pricing your own suite, see how much is my condo worth in Burlington.
How do you get to Toronto from Nautique?
Burlington GO station is at 2101 Fairview Street, north of downtown, on the Lakeshore West line to Union Station. The builder points to easy access to the QEW and Burlington GO, but from Martha Street the station is a drive, bike ride or bus ride rather than a short walk. Burlington’s downtown business association notes that city buses link downtown with the city’s three GO station hubs.
Test your real commute at your real hour before you buy. GO and Burlington Transit timetables change, and the drive to Toronto varies a lot with traffic.
What are the pros and cons of living at Nautique?
Pros
- Brand-new building. Registered in 2024, and the builder offers a full new home warranty on its unsold suites.
- Two amenity floors, including a pool. More than most Burlington buildings offer.
- Downtown and the lake on foot. Trail, park, pier and restaurants nearby.
- Lower entry prices than older lakefront buildings. Studios and one-bedrooms start below the city median.
Cons
- Builder stock competes with resale. Resale sellers may need to price sharply.
- Small suites. Some two-bedrooms are around 650 sq ft.
- Fees can move. A new corporation is still learning its true costs.
- GO is not walkable for most. Plan for a bus, bike or car.
Who is Nautique best for, and should you buy or rent there in 2027?
Nautique suits first-time buyers who want a new suite near the lake at an entry price, end users who can use the new home rebates, and renters who want new finishes downtown. It is less suited to buyers who need a large suite or a walk to the GO.
For renters, remember that Nautique was first occupied after 15 November 2018, so its units are exempt from Ontario’s rent increase guideline (1.9% for 2027). The landlord still needs 12 months between increases and 90 days’ written notice, but there is no cap. For buyers, the Bank of Canada raised its rate to 2.50% on 28 October 2026 and prime is 4.70%, so lock in a rate hold before you shop.
If you will live in the suite yourself, compare the builder’s net price, after the HST offer, against two or three resale listings in the building before you choose. A resale suite can be cheaper once you add the builder’s closing costs, while a builder suite can come with rebates and a full warranty. I would also ask for the latest reserve fund study and budget either way. With supply this high in Burlington, take your time, and do not let a “limited time” offer rush your lawyer’s review.
What to do next
- Get a pre-approval with a rate hold, then decide between a builder suite and a resale suite.
- Ask the builder for the full terms of the HST offer and the closing cost estimate in writing.
- Have a lawyer confirm whether you qualify for the Ontario enhanced new housing rebate.
- For resale, get the status certificate, the budget and the reserve fund study before going firm.
- If renting, ask about the renewal plan, since the unit is not covered by the rent guideline.
Need help with this? Talk to me.
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty, and I’m the best agent to do this kind of work for you in Toronto and across the GTA. Over $100 million in GTA sales and 100+ families helped sell. Feel free to contact me any time: call or text 833-330-1925 or email [email protected].
Frequently asked questions
Who built Nautique Lakefront Residences in Burlington?
ADI Development Group built Nautique Lakefront Residences at Lakeshore Road and Martha Street in downtown Burlington. A building-data website lists the building at 26 floors and 254 units, with the condominium corporation registered on 16 May 2024. Interiors are by Cecconi Simone, according to the builder’s website.
Is Nautique Burlington finished?
Yes, Nautique Lakefront Residences in Burlington is finished. Its condominium corporation, Halton Condominium Corporation No. 775, was registered on 16 May 2024, according to a building-data website. As of November 2026, the builder was still selling a final collection of move-in-ready suites alongside resale listings.
What happened with ADI and the Nautique cancellations?
ADI cancelled 174 Nautique purchase agreements, citing a failure to get construction financing, and later settled with Ontario’s Home Construction Regulatory Authority, insauga reported in December 2022. The settlement returned deposits plus about $2.5 million in interest to affected buyers and included a $60,000 fine. The Burlington building was completed in 2024.
How much does a condo at Nautique cost in 2026?
In November 2026 the builder advertised Nautique suites from the mid-$300,000s, including a 424 sq ft studio from $361,053 and a 558 sq ft one-bedroom from $450,434. Resale listings also exist. Builder prices and offers change, so confirm the current price and terms in writing before you sign.
What are the maintenance fees at Nautique Lakefront Residences?
In November 2026 resale listings at Nautique in Burlington, a studio under 500 sq ft showed a fee of about $527 a month, suites of 600 to 699 sq ft about $660 to $740, and two-bedrooms of 800 to 899 sq ft about $802 to $942. Check the status certificate for what the fee covers.
Does Nautique have a pool?
Yes, Nautique has a swimming pool on its 4th-floor amenity level, according to the builder. The same floor has a fitness centre, a yoga studio, a fireplace lounge, a bar and outdoor dining with a fire pit. A 20th-floor sky lounge adds a dining room, a show kitchen and an observation deck.
Can I get the HST rebate buying a new condo at Nautique in 2027?
Possibly. Ontario’s enhanced new housing rebate covers the 8% provincial part of the HST, up to $80,000, on new homes up to $1 million bought from a builder under an agreement signed between 1 April 2026 and 31 March 2027, if it will be your primary residence. Have a lawyer confirm how it fits Nautique’s no-HST offer.
Is Nautique Burlington rent controlled?
No, Nautique units are exempt from Ontario’s rent increase guideline because the building was first occupied after 15 November 2018. The 2027 guideline of 1.9% does not cap increases there. A landlord in Burlington still needs 12 months between increases and must give 90 days’ written notice.
How far is Nautique from Burlington GO station?
Nautique is not a short walk from Burlington GO. The station is at 2101 Fairview Street, north of downtown Burlington, on the Lakeshore West line to Union Station. Residents usually drive, cycle or take a Burlington Transit bus, so check current timetables when planning a 2027 commute.
What is the average rent for a one-bedroom condo in Burlington?
The average one-bedroom condo apartment in Burlington leased for $2,159 a month in Q2 2026, and the average two-bedroom for $2,785, according to TRREB’s Rental Market Report. These are city-wide averages. New buildings near the lake, like Nautique, may lease differently, so compare recent leases in the building.
Sources
- Nautique Lakefront Residences — ADI Development Group
- Nautique Lakefront Residences, 370–380 Martha St — a building-data website
- Burlington home builder pays fine, free to continue several developments in the city — insauga
- Notice 346, Ontario enhanced new housing rebate — Canada Revenue Agency
- Burlington GO station — GO Transit
- Transit to and around Downtown Burlington — Burlington Downtown
- Market Watch, October 2026 — TRREB
- Rental Market Report, Q2 2026 — TRREB
Related reading
- Living at Exchange District Condos, Mississauga: 2027 Buyer and Renter Guide
- Living at Pinnacle Uptown, Mississauga: 2027 Buyer and Renter Guide
- Living at The Grand Residences at Parkside Village, Mississauga: 2027 Buyer and Renter Guide
- Living at The Condominiums at Square One District, Mississauga: 2027 Buyer and Renter Guide
About the author — Jatin Dua, Toronto and GTA real estate broker
I am Jatin Dua, Broker of Record and co-founder of RE/MAX Quantum Realty Inc., Brokerage, Unit 101, 799 The Queensway, Toronto. I work with buyers and sellers across Toronto and the GTA and have helped more than 100 families sell. Four-plus years of active GTA transactions and over $100 million in sales volume.
Reach me at [email protected] or 833-330-1925, or book a call.
