List of New Homes in Hamilton

Why Should You Invest in Hamilton Real Estate?

The City of Hamilton is located in Ontario, Canada, in the Golden Horseshoe Region, on Lake Ontario. Burlington, Kitchener, and St. Catharines are all nearby cities that surround Hamilton. Hamilton is a predominantly agricultural area, with residential and industrial areas located near Rymal Road West, Upper Centennial Parkway, and Highway 403. Hamilton is the ninth-largest city in Canada and the third-largest city in Ontario. It is known and regarded as the industrial powerhouse of the Greater Golden Horseshoe due to its manufacturing industry, which is one of the city’s primary economic contributors. It has historically been one of North America’s major steel producers, earning it the nickname Steel Capital. Due to Hamilton’s location on Lake Ontario and within the Greater Golden Horseshoe, the manufacturing industry found Hamilton an ideal location. Aside from Toronto, Hamilton is also conveniently located near the United States and Canada borders, as well as home to John C. Munro Hamilton International Airport. To this day, Hamilton remains one of Canada’s primary ports. It is located approximately an hour from Toronto and Buffalo, USA. Hamilton’s new home developments allow residents to take advantage of the city’s many amenities, including affordable housing, public transportation, cultural attractions, and sporting events. Investing in a new home in Hamilton is a great idea since the area continues to thrive and offers a multitude of career opportunities. The city offers a variety of housing options, healthcare services, and childcare options. The city has many preserved natural areas, historical sites, and educational institutions such as McMaster University. Hamilton is becoming the third most popular place in Canada for immigrants, creating a population of diverse cultures, with almost a quarter born outside of Canada.

New Homes in Hamilton & Reasons to Buy

With the adoption of the Places to Grow Act, Hamilton, which is located in the Greater Golden Horseshoe, has slowly begun to emerge as one of the most promising real estate investment cities in Ontario. By supporting economic growth, promoting business development, and increasing housing, the Places to Grow Act emphasizes job creation and economic growth. It is an industrial city with a rich history in manufacturing that continues to play an integral role in its economy. Moreover, Hamilton has begun to venture into research-based industries. The city of Hamilton contributes a significant portion of Ontario’s GDP with numerous thriving industries, including manufacturing, life sciences, and information and communication technology. The city of Hamilton has over 500,000 residents and is expected to grow by 20% by 2036. The increase in the population indicates that property demand is increasing. This city has a wide range of housing options, educational options, and career opportunities. Hamilton offers residents and visitors many sights and activities, including summer festivals and autumn fairs, trail systems, conservation areas, waterfront parks, and gardens. With a new home in Hamilton, you will have access to excellent educational facilities, including McMaster University and Mohawk College, and public and private elementary and secondary schools. Hamilton is served by the Hamilton Street Railway and Hamilton Light Rail Transit (LRT), while the Queen Elizabeth Way (QEW) and Highway 403 are excellent options for accessing parts of Ontario and the Greater Toronto Area.

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Working in Hamilton

To strengthen its economy, Hamilton is developing long-term, sustainable plans. Many companies in Hamilton make a significant contribution to its economic success, such as Coreslab, the McMaster Automotive Research Centre, Taylor Steel, and Nations Fresh. The advanced manufacturing sector has a large presence in Hamilton and contributes 4% to the total economy of the province. The Hamilton area is home to several notable advanced manufacturing companies, including Walters Inc., Stackpole International, ArcelorMittal Dofasco, and Liburdi Turbine Services, Inc. Furthermore, the Hamilton area has Canada’s second-largest hospital network, as well as world-class companies in the life sciences industry such as Synapse Life Science Consortium, Relic Health Technologies, Stryker, Mariner Endosurgery, and MedTel Software. FIRE, a diverse industry including finance, insurance, and real estate, has also contributed to the city’s economic success. This sector, which is seen as one of Canada’s financial services hubs, employs more than 364,000 professionals. Buying a new home in Hamilton will allow you to access the city’s thriving economy and skilled workforce, where you’ll find career opportunities in multiple industries.

Condos HQ | New Homes Hamilton

Average Home Price for Hamilton in 2021

In Hamilton, the average sale price for all types of homes over the past year has been $792,746. In Hamilton, the average price of all home types is significantly lower than the average price of all home types in the Greater Toronto Area, which is $1,073,104. The average price of detached homes in Hamilton is $860,953 in 2021, with an average listing day of 11 days. The average price of detached homes increased by 29% from the previous year. Hamilton’s average price for a semi-detached home has increased by 24% from the previous year to $667,672, with an average listing day of 11 days. When comparing Hamilton’s prices to those of detached homes and semi-detached houses within the GTA, Hamilton’s prices are much lower. New home developments in Hamilton are a wise investment because of their low prices. For two-bedroom homes in Hamilton, the average price is $727K, for three-bedroom homes, $822K, while for four-bedroom homes, the price is around $1.2M.

Getting Around in Hamilton

Through Queen Elizabeth Way, Hamilton has convenient access to the Greater Toronto Area and Southern Ontario. The QEW makes it convenient to commute within the region. Upon reaching Toronto, the QEW becomes the Gardiner Expressway, which provides access to numerous destinations. The Gardiner Expressway is a major highway in Toronto that provides access to its waterfront and makes it easy to travel around the city. Additionally, this route provides a convenient way for workers to reach various employment hubs. As the Gardiner Expressway connects with the QEW, many possibilities for routes and destinations are expanded. Hamilton and the GTA can also be accessed by GO Transit, while the Hamilton Street Railway (HSR), as well as the Hamilton Light Rail Transit (LRT), serves the residents of the city. At the Hamilton GO Centre, you can take GO trains and buses, including Lakeshore West GO trains that run to Union Station in downtown Toronto. Hamilton Street Railway fares can be paid using the Presto Card, which is also valid for use on all Metrolinx transit services within the GTA. HSR vehicles provide priority seating and courtesy seats to passengers with disabilities, the elderly, and pregnant women to make transit more accessible. HSR provides more than 100 routes for convenient travel. Hamilton’s addition of the Hamilton LRT line has increased access to public transportation for residents since it stretches across the city from east to west, passing through rural areas and downtown Hamilton. You can easily get around from your new home in Hamilton due to the city’s many transit options.

Condos HQ | New Homes Hamilton
Condos HQ | New Homes Hamilton

Hamilton Lifestyle

Hamilton is home to more than 500,000 people who come from all over the world. Under the Places to Grow Act, Hamilton’s downtown has experienced remarkable growth and change. While maintaining a global presence, efforts are being made to ensure that the economy thrives locally as well. Given Hamilton’s manufacturing capabilities, it is expected that the federal government will make significant investments in the area. Hamilton offers numerous opportunities, which makes it an ideal city to invest in. A large part of Hamilton’s land is farmland and wooded areas, but there are many homes and businesses located in the downtown area. The city has many natural attractions, festivals and events, and historical sites. If you decide to buy a new home in Hamilton, you will enjoy many of the city’s natural attractions. Throughout the year, Hamilton’s Farmers Market provides its residents with farm-fresh produce. There are a lot of vendors selling a variety of goods at the farmer’s market, such as fresh produce, meat, cheese, and wine. Having a new home in Hamilton gives you access to numerous trail and conservation areas, such as Iroquoia Heights Conservation Area and Valens Lake Conservation Area. Within an hour, residents of Hamilton can reach Toronto and the Canada-U.S. border. The city also offers a variety of career and education opportunities. There are several different types of elementary and secondary schools located in the city, including private, public, and Catholic. There are over 100 public elementary and secondary schools in the Hamilton-Wentworth District School Board, serving over 50,000 students. Hamilton is home to one of the country’s top universities. Hamilton is home to one of the most renowned universities in the country, which is McMaster University, which enrolls approximately 30,000 students each year. The west side of the city is an excellent option for investors who would like to buy properties in Hamilton that are close to the university. Residents of a new home in Hamilton will be within easy reach of McMaster University. Additionally, new home developments in Hamilton make excellent investments due to their low-price points and location within the Greater Golden Horseshoe.

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