Hamilton is a market that many investors have realized has massive potential while many others have not begun to investigate it. The rental market is strong and the home prices are low relative to most of the other GTA. This creates an ideal confluence of events for those looking to take a long term position in real estate with a lower risk profile.
Many people fear a market correction, but the fact is the stock and mutual market will adjust downward more rapidly than the housing market. During a correction at some point in the future rentals will be more highly desired as people ride out any storm and cheaper smaller properties will create a more desirable position that large expensive ones. This continues to present improved opportunities for the savvy investor.
For more information about the Hamilton investment market call me: 905-510-0835