Hamilton Real Estate Overview
Located southwest of Toronto on Lake Ontario, Hamilton is quickly becoming a popular destination for homeowners looking for an urban-suburban mix.
The Realtors Association of Hamilton-Burlington reported the average home selling price to be $392,859 for March 2013, which is up 10.8% percent from March 2012.
The most popular area for real estate is the Hamilton Mountain region. Situated atop the Niagara Escarpment, the region offers breathtaking views of Lake Ontario and the city centre. Hamilton Centre, the historic downtown area situated near the lake, is another popular choice for real estate seekers.
- Hamilton Population (2011)520,000
- 5 Year Population Change3.1%
- Number of Homes in Hamilton214,500
Why Buy a Home in Hamilton?
Hamilton combines the convenience of urban amenities with the beauty of natural attractions. It is the 10th largest city in Canada with more than half a million people and a bustling downtown core, but it also encompasses farm lands, forests, mountains, and lakefront trails.
Hamiltonians love that they can check out a sports game or a show downtown, go sailing on the lake, and hike up the Escarpment - all without leaving town.
Hamilton is known as the "Ambitious City" for its booming economy centered on iron and steel production. The city also has a significant agriculture industry that pumps $1 billion into the local economy every year.
Explore Hamilton's Rich Cultural Heritage
Hamilton was originally inhabited by aboriginal peoples who favoured the area for its hunting, fishing, and agriculture. It was later settled by Loyalists fleeing persecution from the United States in the 1780s.
The city was founded by George Hamilton, a Canadian merchant and politician who arrived in the area following the War of 1812. A wave of immigrants from Great Britain, Ireland, and the United States arrived toward the end of the 19th century.
Since then, Hamilton has grown into an economic and cultural hotspot, characterized by its diverse geography and population. More than 20% of Hamilton's population was born outside of Canada, which is the third highest such proportion in Canada.
Getting around in Hamilton
There are many transportation options in Hamilton. The public transit system, known as the Hamilton Street Railway, services 26 routes and is wheel-chair accessible. A number of highways pass by or through Hamilton, including the Queen Elizabeth Way, the 403, and the 407. The GO Transit system offers frequent rail and bus service north-east to Toronto and south-east to Niagara Falls.
Biking and boating are two other common forms of transportation. Hundreds of kilometres of bike routes run along the waterfront, through the escarpment, and across the city. Several marinas are located around the harbour.
Shopping and Amenities
Shoppers won't find a lack of stores in Hamilton. Some of the more popular shopping areas are the downtown shopping district, Hamilton City Centre mall, and the International Village. If you can't find exactly what you're looking for, Toronto is only a short GO train ride away.
Sporting enthusiasts might want to check out the city's numerous golf and country clubs, such as Chedoke and King's Forest. You can also stay fit by joining one of the local sports leagues or gyms.
Hamilton has around 170 elementary and secondary schools, as well as one university and four colleges. The public library offers a wide range of books, music and movies in 23 different locations.
Entertainment and Attractions in Hamilton
Hamilton offers a range of attractions that appeal to all types.
If you're into sports, you can cheer on one of the city's two professional sports teams - the Hamilton Tiger-Cats (CFL) and the Hamilton Bulldogs (AHL). Hamilton is also home to the Canadian Football Hall of Fame.
History buffs can get lost in any of the Hamilton Civic Museums, five of which are designated National Historic Sites. The Canadian Warplane Heritage Museum is a popular tourist attraction year-round.
Other sites worth checking out include Dundurn Castle, the Royal Botanical Gardens, the African Lion Safari Park, and the Art Gallery of Hamilton.