Introducing Hamilton, Ontario, a great place to invest in real estate.
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Hamilton is a lake Ontario port city with the poplulation of 504550. The city was conceived in 1812 by George Hamilton and become the centre of region called Golden Horseshoe. It has been listed as the ninth largest city in Canada and third largest in Ontario. Hamilton is located in Southern Ontario on the western end of the Niagara Peninsula and is a home to more than 100 waterfalls and cascades. It is been called the Waterfalls Capital of the World. Niagara Escarpment runs through the middle of the city bisecting it into upper and lower parts.
Real Estate market in Hamilton is still under value. The average sale price in February 2012 was $347258. The residential market is performing well, and the average sale price continues to increase. The proximity to Toronto makes and easy commuting (in less than an hour) makes Hamilton one of the hottest real estate spots in Ontario.
In 2011, the Real Estate Investment Network of Canada ranked Hamilton the best place to invest over the next five years and the third top location in Canada.
Hamiltonians are fortunate to have a huge variety of living accommodations available. The million-dollar properties in Ancaster and Durand neighbourhoods offer a special kind of drawing card for people from the GTA, who will get much more house for their money in this area. However, Hamilton has something for everyone in all markets; neighbourhoods with lovely family homes, high and low-rise condos, townhouses, master-planned communities, homes near golf courses and yacht clubs, and houses near conservation areas that are surrounded by nature but close to all the amenities of a big city. In Hamilton, you can have it all. With an educated workforce, stunning natural amenities and a diverse, resilient economy, Hamilton is a prime choice for future economic opportunity.