Why invest in Hamilton Real Estate?
Hamilton is an industrial Centre in GTA known by its manufacturing companies and a good opportunity for Real Estate. As industry has been evolved, manufacturing industries have started to focus on research and development industries as well.
Average price of rent in Hamilton has promisingly increased 5% in the last year, real estate market in the city has faced a boom due to the decrease of vacancy rate achieving 2.4% in 2017.
Although Hamilton has a low average income ($69,000), the city was able to create more jobs in the last years reducing its unemployment rate to 4.6% in 2018. This is due to the Places to Grow Act which foments cities on economic development throughout GTA.
City of Hamilton
Hamilton is the 9th largest city in Canada, and the third in Ontario. The city is well known as the Greater Golden Horseshoe industrial powerhouse. It’s also recognized as the Steel Capital of Canada due to its producers be around the major companies in North America.
The City is also home of the McMaster University, which counts on 30,000 enrollments per year. Students who look for rents every year, making condo investments very profitable.
Strategic location of Hamilton right in between Toronto and the United States, make this area an opportunity for logistic companies, manufacturing and even colleges which empowers real estate investments in the area.
Hamilton is connected to the other GTA cities through QEW, also connecting to Toronto through Gardiner Expressway. Either driving or commuting using public transportation is not a problem in the city.
The Hamilton GO Centre connects the city to Union station in Downtown Toronto for those who want to commute outside of the city. Within the city HSR public transit will provide the service for the inhabitants.
- Phone 647-503-4698
- Email firstname.lastname@example.org
- Open Hours 7:30AM - 10:30PM PST
- Address 2nd Floor- 5399 Eglinton Ave, Toronto, ON, M9C 5K6
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