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Detached
Median Selling Price$802,000
Average Days on Market
37.61
#Active Listings (last 30 days)
1908
#Sold Listings (last 30 days)
456
Semi-Detached
Median Selling Price$807,500
Average Days on Market
37.5
#Active Listings (last 30 days)
34
#Sold Listings (last 30 days)
6
Townhouse
Median Selling Price$718,000
Average Days on Market
36.05
#Active Listings (last 30 days)
555
#Sold Listings (last 30 days)
133
Condo
Median Selling Price$515,000
Average Days on Market
55.36
#Active Listings (last 30 days)
605
#Sold Listings (last 30 days)
92
Just over from downtown Toronto lies the city of Hamilton. Nestled on the western tip of Lake Ontario, Hamilton is the fifth largest city in Ontario. This has resulted in its own unique downtown core, booming housing market, and endless job opportunities. Speaking of the job market, the city is a hub for a wide variety of industries, including technology, healthcare, education, and manufacturing. Hamilton also boasts a lively and historic city centre with many cultural institutions, such as art galleries, theatres, museums, and more. In fact, the city is well-known for its arts and culture scene. It hosts a number of festivals throughout the year, like the Supercrawl Festival every September, and is also home to the Art Gallery of Hamilton, one of the largest public galleries in the province, and the Canadian Warplane Heritage Museum. Alternatively, if you’re more into sports, the city has its own football team in the Canadian Football League CFL), the Hamilton Tiger-Cats. Beyond entertainment and art, Hamilton is located on the foothills of the Niagara Escarpment, which is a UNESCO world biosphere reserve. The area is also known for its magical waterfalls, of which there are over 100. This has earned Hamilton the nickname, “the waterfall capital of the world.” Whether you prefer chasing waterfalls or cross-country skiing, you can do it in Hamilton thanks to the plethora of outdoor spaces. Other outdoor activities that locals enjoy include hiking, snowshoeing, cycling, bird watching, and more. One final reason that people choose to live in Hamilton is the lower cost of living. Compared to its neighbouring city of Toronto, Hamilton is far more affordable, which makes it an ideal spot to buy a home, especially for first-time homebuyers.
Hamilton is known for its top-tier education system, which includes post-secondary school. Public schools in the city are run by the Hamilton-Wentworth District School Board, which operates 104 schools and is responsible for educating roughly 50,000 students annually. The Hamilton-Wentworth Catholic School Board also operates in the area, as do several private institutions. Some of the top private schools in Hamilton are Columbia International College of Canada, Hillfield Strathallan College, and Southern Ontario Collegiate. Meanwhile, in terms of post-secondary options, Hamilton is home to McMaster University, one of the leading universities in Canada. You will also find Mohawk College, Hamilton Conservatory for the Arts, and Redeemer University here. Of course, if you’re willing to travel into the GTA and the City of Toronto, there are a number of highly-ranked universities and colleges there, like the University of Toronto, George Brown College, York University, Seneca College, Toronto Metropolitan University (formerly Ryerson University), Sheridan College, Humber College, Toronto Film School, and the Ontario College of Art & Design University (OCAD).
Some of the most populous neighbourhoods in Hamilton are Waterdown, Corktown, Ancaster, Stoney Creek, Greensville, Copetown, Beasley, Crown Point East, Westdale, Meadowlands, Flamborough, Mount Hope, Strathcona, Binbrook, Albion Falls, Winona, Ainslie Wood, and Dunas.
As a major city in Ontario, you can bet that Hamilton has excellent infrastructure. First, there are a plethora of transportation options for locals to choose from. For instance, it has its own international airport, John C. Munro Hamilton International Airport, located in the neighbourhood of Mount Hope. However, it’s also only a 40 minute drive from Hamilton to Toronto Pearson International Airport, located in the nearby city of Mississauga. Further, the GTA’s Metrolinx GO Transit system extends to Hamilton, which allows locals to easily hop on a GO train or bus and be transported to Toronto Union Station or other parts of the GTA. There is even local transit within the City of Hamilton thanks to the Hamilton Street Railway (HSR), which operates an extensive network of bus routes in the region. While there is no Via Rail train station in Hamilton at this time, there is one in Oakville, which takes less than 30 minutes to drive to. Speaking of driving, if you prefer to get around by car, Hamilton is well-situated. Although you will likely have to deal with Toronto traffic at times, there are a number of major highways in and around Hamilton, like Highway 403, Highway 407, and the Queen Elizabeth Way. This makes travelling by car seamless, whether you want to get to downtown Toronto, Niagara Falls, or even the U.S. Lastly, in terms of healthcare infrastructure, Hamilton is home to a number of hospitals and healthcare centres including Chedoke Hospital, Hamilton General Hospital, Juravinski Hospital, and St. Joseph's Healthcare Hamilton. Residents will also benefit from Toronto’s many hospitals, like Toronto General Hospital, North York General Hospital, Mount Sinai Hospital, St. Michael’s Hospital, St. Joseph’s Health Centre, Humber River Hospital, and the Hospital for Sick Children (SickKids).
The Hamilton Police Service keeps the city safe. That said, crime rates are below the national average in Hamilton and the area is not prone to natural disasters. Residents are encouraged to dial 9-1-1 in case of emergency.
Due to the growth that the City of Hamilton and its surrounding areas have undergone in the last decade, you can now find all kinds of properties here. The rapid urbanization of the city has led to an increasing number of condos and apartment buildings. However, there are also still plenty of townhomes, detached homes, semi-detached homes, and multi-storey homes here. The great news about the Hamilton property market is that while remaining lucrative, housing is still more affordable than in Toronto. Plus, you don’t have to pay the municipal property tax that you would otherwise have to pay in Toronto on top of the provincial property tax. This ultimately makes Hamilton an attractive option for a wide range of buyers, from young families to retirees to real estate investors.
The standard of living in Hamilton is extremely high. This is in large part due to the area’s relative affordability, coupled with its natural beauty, excellent healthcare and education systems, and its impressive public transportation options. Ultimately, if you’re looking to enjoy a blend of urban and suburban living, Hamilton might just be for you. It’s worth noting that the Greater Toronto Area, which many people consider Hamilton to be a part of, was recently awarded top honours for its liveability. More specifically, The Global Liveability Index 2023’s Liveability Report ranked Toronto as the ninth most liveable city in the world based on factors like healthcare, stability, education, and culture & environment.
Let’s talk more about Hamilton’s many waterfalls. As mentioned previously, Hamilton is home to over 100 waterfalls and is affectionately known as the waterfall capital of the world. Many of Hamilton’s waterfalls are small, serene, and charming, although the city is also known to have one of the highest waterfalls in the area (Tews Falls which stands 41 metres high). The most popular waterfalls in Hamilton are Webster’s Falls, Albion Falls, Tiffany Falls, and Upper Chedoke Falls. Of course, Hamilton is also not far from Niagara Falls, one of the largest waterfalls in the world.