Hamilton has become one of the GTA’s most exciting real estate markets, with world-class educational institutions, a hot new dining scene, fantastic musical and cultural events, gorgeous natural scenery, and a booming economy.
Pre-construction condos remain significantly more affordable in Hamilton and are appreciating at a rate that outpaces most other markets. According to data from Altus Dashboard, over a 10-year period between 2014 and 2024, values of pre-construction condos in Hamilton rose 244% compared to 161% in Toronto.
If you’re thinking of investing in the city of Hamilton, here are seven reasons why the Rebecca is a great investment.
One of the reasons Hamilton has seen steady economic growth is because it is supported by an exceptionally diverse range of industries. That includes advanced manufacturing, digital technology, goods movement, life sciences, agri-food, and creative industries. This diversity makes for a stable and resilient market.
The city is plugged into all of the country’s major transportation networks — air, rail, land, and lake. At the Rebecca, you’re only 1km from two major GO stations with regular service to downtown Toronto. You have easy access to major highways such as the QEW and 403. The city has also recently made major investments in a new 14km light rail transit line ($3.4 billion) and a new $15 million facility at the John C. Munroe International Airport.
The average price per square foot on a pre-construction condo in Hamilton’s city centre is 55% lower than in Toronto. Those prices are also appreciating at a higher rate than in other parts of the GTA. Rosehaven condos in Hamilton, such as KiWi, also command higher rents than the city average, according to Urbanation Rental Data.
Hamilton has a very robust talent pipeline thanks to the city’s institutions. College Boréal is the only French-language college in the region. Mohawk College educates more than 17,000 full-time and apprenticeship students and is a leader in health and technology education. McMaster is one of the country’s top universities and an internationally recognized research hub.
Hamilton is located on the Niagara Escarpment and, being home to over 100 waterfalls, is known as the Waterfall Capital of Canada. You can explore this landscape across 300km of trails and cycling lanes. Not far, Burlington is home to the country’s largest botanical garden.
Hamilton has become a hotspot for restauranteurs, including the city’s famous “restaurant row,” just a few minutes’ walk from The Rebecca. You can explore its cobblestone roads and vibrant patios where you can grab just about anything you’re in the mood for: silky ramen, an upscale burger, refined French bistro food, beautiful stone oven pizzas, and more.
The Rebecca is in the heart of downtown Hamilton offering very easy access to the best of this city as well as the transit options you need to access the rest of the GTA.
Thinking of investing? Contact us today to learn more.