Real Estate Investing
Why Hamilton?
Real estate investing is a smart way to make your money grow. As one of the most diverse cities in Canada, Hamilton offers everything from urban cafes, to nature reserves to an increasing economy.
Hamilton Real Estate – The Numbers
Real estate investing in Hamilton is prosperous. If you are looking for a place with a great return, Hamilton is it. Hamilton continues to grow, with an increase in family homes from new developments and an overall housing market trend increase in sales from last April (2018) to this one.
More importantly, according to the Real Estate Association of Hamilton-Burlington (RAHB) there has been a 6.3% increase in sales since last year, with a 3.9% increase in pricing. This makes now a better time than any to get in. We can expect these numbers to continue to rise.
Besides saving money by getting in early, and a mere 45 minute commute to Toronto, there are many reasons to pursue real estate investing in Hamilton (like amazing public transportation).
For these reasons, we will explore where Hamilton came from and why real estate investing in Hamilton is a smart choice for any wise investor.
Real Estate Investing
Hamilton’s
Rich History & Culture
On the western most edge of Lake Ontario, Hamilton is nestled between the Niagara Escarpment. As one of Canada’s oldest port cities, on the North side you’ll find the HMCS Haida, a naval warship at the Bayfront Park, and on the south side you’ll find the Canadian Warplane Heritage Museum, displaying nobility of Canadian’s military forces. Hamilton’s rich history has made it the diverse metropolitan it is today.
Hamilton’s Origin
In the war of 1812, Stoney Creek was conquered. Not long after, in 1816, Hamilton was founded by George Hamilton, a son of a wealthy Queenston entrepreneur and founder, Robert Hamilton.
In the early 1900’s population grew in Hamilton with the attracting claim, “Hamilton was home to the cheapest hydro power in the entire world.“ thanks to Sir John Morison Gibson, a Canadian politician of the tenthLieutenant Governor of Ontario.
By 1914 the population had doubled with the development of the steel plants Stelco in 1910 and Dofasco in 1912, and the American manufacturing companies Proctor & Gamble in 1914 and Beech Nut Packing Company in 1922.
It wasn’t until 1930 that McMaster University moved from Toronto to Hamilton.
(see how much you know about Hamilton with this quiz)
Hamilton’s Big Business Contributors
| Company | Start date | Left town |
|---|---|---|
| Dominion Glass Company | 1864 | 1997 |
| Otis Elevator Company | 1902 | 1987 |
| International Harvester | 1902 | 1992 |
| Canadian Canners Limited | 1903 | 1986 |
| Canadian Westinghouse Company Limited | 1903 | 1997 |
| Procter & Gamble Manufacturing Co. | 1913 | 1998 |
| Hoover Suction Sweeper Company | 1919 | 1972 |
| Firestone Tire & Rubber Co. of Canada | 1919 | 1988 |
| Studebaker of Canada | 1948 | 1966 |
| Susan Shoe Industries Limited | 1955 | 1994 |
Today, Hamilton is one of Canada’s most diverse economies. Retail trade and health care / social services are the cities two biggest employment sectors.
The growth of the city has been made possible by it’s public transportation system, which includes buses, trolleys and coach buses, making it a real estate investing heaven.
Real Estate Investing
Hamilton’s
Awesome Nature
Bordering the great Lake of Ontario and nestled in the Niagara Escarpment (a UNESCO World Biosphere Reserve), Hamilton is a nature lover’s dream come true.
Hamilton is Canada’s Waterfall Capital
Hosting over 100 waterfalls, 885km of the Bruce Trail and 89 acres of the Royal Botanical Gardens, escaping the sounds of the city is within easy access to any Hamiltonian. With these nature spots protected and preserved, they will continue to flourish, and be enjoyed throughout the ages.
People come from all over the world to experience views of Hamilton from the top of the escarpment, and views of Toronto from across the lake!
There is no question while real estate investing in Hamilton is being by people all around the world.
Real Estate Investing
Hamilton’s
Urban Vibe & Art Scene
Hamilton’s downtown core population is 49,000, representing 10% of it’s overall population. This densified urban village has spawned many international restaurants, entertainment bars and cultural events, giving an urban vibe and city bustle.
With well-known breweries, disco bars and theaters, there is no shortage of entertainment in this city.
In 1973, the establishment of Hamilton Place art center (now FirstOntario) gave the city a hub for creative visionaries.
Many famous artists and musicians are proud to call Hamilton their hometown. Among these, The Arkells, The Killjoys and director Diane Dupuy are just a few of the Steel City’s proud natives.
Hamilton’s Art Culture
The Supercrawl art festival has become an award winning event for multidisciplinary arts in Hamilton since 2009. The event occurs in early September and attracted over 220,000 attendees last year.
