PLEASE SCROLL DOWN TO THE BOTTOM OF THIS PAGE FOR NEWEST HAMILTON ONTARIO REAL
ESTATE REPORT HOUSE AND CONDOS SALE PRICES FROM MARCH 2017
1. CONVENIENT LOCATION:
Hamilton is very conveniently located at the west end of Lake Ontario a skip away from Highways 403 and QEW making travelling into surrounding cities, especially Toronto, a breeze. It will only take you about 45 minutes to whiz to Toronto! Lincoln Alexander Parkway officially nicknamed The Linc connects Highway 403 and the Red Hill Valley Parkway which continues north to the QEW. Many people who work in Toronto commute daily home to Hamilton.
2. REAL ESTATE MARKET:
Hamilton Ontario housing market is showing no sign of slowing down. There is a strong belief that Hamilton is on track to break its record of 13,471 home sales in 2014. Some of Real Estate Investments named Hamilton the best place in Canada for investment! Hamilton’s house prices are up more than 7 per cent over the past year with bidding wars in many naighbourhoods. But still Hamilton housing prices are on average 40 percent cheaper than in the GTA so on average i in 4 buyers comes to Hamilton from Toronto. However, Canada’s Mortgage and Housing Corporation says the price of homes in for example Hamilton Centre are expected to rise more than 2.5% every year for the next two years. So it is still time to jump on the banwagon and invest into real estate in Hamilton Ontario as opportunity still awaits. The recent solution for Hamilton's housing affordability is called intensification. Building on already developed properties (mostly condos) like adapting or reusing schools, churches or office buildings.
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3. BEAUTIFUL WATERFALLS AND SCENIC TRAILS:
Hamilton Ontario is know as "Waterfalls Capital of The World" or "City of Waterfalls". The most known waterfalls in Hamilton are Webster's Falls and Tew's Falls both located at Spencer Gorge Conservation Area. The most spectacular however is Albion's Falls located just in the heart of the City near Limeridge Road and Red Hill Valley. It is a classical cascade. With cascade falls the downpour is staggered into a series of steps causing water to "cascade".
Hamilton is also know for many Scenic Trails. Please click here...for a complete list of Trails in Hamilton Ontario.
4. ESTABLISHED HISTORIC NEIGHBOURHOODS:
Hamilton was conceived in 1812 when George Hamilton purchased the Durand Farm. Today neigbourhood of Durand sets a perfect example of beautiful historic neighbourhood in the city of Hamilton Ontario with finest examples of historic architecture. The average selling price for a single detached house in Durand was $765,600 and average days on market DOM 74. Walk score for Chedoke Avenue in neighbourhood of Durand Hamilton Ontario is 38 out of 100.
Another beautiful historic neighbourhood in West Hamilton is WESTDALE near McMaster University. Hamilton is changing from the manufacturing town to medical research town. Westdale has everything that vibrant nieghbourhood should have. There are great schools, research facilities, highways, parks and fantastic historic homes.
The average selling price for a single detached house in Westdale is $493,639 with DOM (average days on market) 42 and SP/LP ratio within 98%. The walk score for most houses in Westdale is 86 out of 100! This great student friendly neighbourhood is very walkable! Westdale is one of the most popular neighbourhoods in Hamilton to invest into real estate. Many properties are selling above asking price. To get more info about Westdale please contact Westdale specialists Waldi and Margaret Niburski we will be happy to assist You!
CLICK HERE...FOR HOMES FOR SALE IN WESTDALE HAMILTON ONTARIO NEAR MCMASTER UNIVERSITY
5. WORLD CLASS HEALTHCARE
As mentioned earlier Hamilton is gaining traction in medical field. Many well know medical professionals are flocking to Hamilton Ontario. Hamilton Health Sciences consist of 7 hospitals, cancer center and urgent care center. It serves more than 2.3 million people in the area and emlpys approx. 11,000 people. In the research Hamilton definitely leads the world in steam cell research.
6. VARIETY OF EDUCATIONAL FACILITIES.
Hamilton is filled with young individuals expanding their knowledge through higher learning. Hamilton is home to few post-secondary institutions.
McMaster University is a great school located in West Hamilton. McMaster University has gained an international reputation for the innovative educational programming offered by each of its six faculties, the DeGroote School of Business and the Faculties of Engineering, Health Sciences, Humanities, Science and Social Sciences.
McMaster University consistently ranks as one of Canada’s top 3 most research-intensive (number of research dollars per faculty member) universities and home to Canada’s first human embryonic stem cell library. The Research holds promise to treat catastrophic illnesses that range from cancer to Parkinson’s to spinal cord regeneration.
Mohawk College a college of applied arts and technology since 1967 with 10,000 full time, 40,000 part time, and 3,000 apprentice students. The school is located on Hamilton Mountain.
Mohawk College is the largest trainer of apprentices in Ontario – annually serves 10,000 full-time, 3,000 apprenticeship, and 300 international students, as well as 5,000 adult learners and 42,000 continuing education registrants.
Redeemer University College a private Christian liberal arts and science university opened in 1982, with about a thousand students currently.
7. IMMENSE CITY PRIDE:
If You are into sport Hamilton Ontario has something for You. Many sporting fans enjoy attending regular events such as Hamilton Bulldogs hockey games or our pride Tiger-Cats Football (CFL). We just enjoyed 102nd Grey Cup in Vancouver. Tiger Cats played outstanding!
Hamilton has representation in two professional sports leagues, the Canadian Football League and the American Hockey League.
Hamilton has many historic and cultural attractions but the most famous ones are:Art Gallery of Hamilton which presently hosts fascinating exhibition called The World is an Apple The Still Lifes of Paul Cezanne. Beautifully located Dundurn Castle or famous Royal Botanical Gardens. For the complete list of historic and cultural attraction in Hamilton Ontario please click here...
9. AFFORDABLE LIVING COSTS:
We all know about sky high rent or real estate prices in Toronto vs. Hamilton. However, how about parking cost! Parking in downtown Toronto is astronomically expensive but in Hamilton prices are still somewhat reasonable. Many streets have free parking and those in fact require payment never cost more than a few bucks!
Hamilton is called sometimes a Creative City. From its historic steel and textile producers to its current prominence in the health, technology and engineering sectors Hamilton is leading in the innovations. Hamilton is a top-tier centre for innovation. Please check the list below for innovation companies in Hamilton Ontario: