RADIO ARTS CONDOS

In just one year, the Hamilton City Planning Department managed to successfully design and deploy an enviable list of accomplishments including a design competition to reimagine an aging pier along the waterfront. With a framework in place to expand the transit system, the development of McMaster Innovation Park, Red Hill Business Park, and expansions to Hamilton's International Airport – will further contribute to retaining and attracting a skilled workforce, becoming a national center for excellence in life sciences and maintaining its status as the fastest-growing economy in Ontario.

 

Canada's most diversified and one of Ontario's fastest-growing economies, which is continually ranked as one of the best places to invest in the nation - Hamilton is investment-ready. From manufacturing to life sciences, to a renewing downtown core, Hamilton is home to world-class companies. Over the past several years, investments have included Amazon, IBM, Nokia, Maple Leaf, Fraunhofer, and Stryker.

 

 

  • Hamilton's Economic Growth Rate has regularly outpaced national averages.

  • Conference Board of Canada rates Hamilton as Ontario's fastest-growing economy.

  • Hamilton is located in the heart of Ontario's highly prosperous agri-business belt and is Top 3 in North America for food and beverage processing.

  • Hamilton's tech scene has grown by 52% over the course of 5 years and was named Canada's fastest the growing mid-sized city for tech talent by CBRE.

  • Hamilton is located under an hour away from 5 major border crossings into the US. 

  • Hamilton is within commuting distance of Canada's largest city and within a 1-hour drive of a workforce of 2 million+ people.


       REAL ESTATE MARKET FACTS

  • 125% THE AVG. CONDO PRICE IN 2010 WAS $310,258 WHICH REPRESENTS A 125.4% INCREASE OVER A 10 YR. PERIOD

  • 84% OF HAMILTON'S AVERAGE CONDO RENT IN 2020 WAS 84% OF TORONTO'S 2020 AVERAGE RENT

  • 59% OF HAMILTON'S AVERAGE CONDO SALE PRICE IN 2020 WAS 59% OF TORONTO'S 2020 AVERAGE SALE PRICE

  • 33% FASTER GROWTH IN HAMILTON VS. TORONTO (AVG. PRICE IN TORONTO IN 2020 WAS UP 13.5% FROM 2019)

  • 27% IN OCT. 2021 HAMILTON CONDO PRICES INCREASED BY 27% YEAR-OVER-YEAR TO $481K

  • 18% THE AVERAGE PRICE OF A HAMILTON RESIDENTIAL PROPERTY IN 2020 WAS UP 18% FROM 2019

 

 Industrial manufacturing in Industrial manufacturing in Hamilton/Niagara represents an estimated $12 Billion annual effect.

                                                          CBRE ranked Hamilton                                                                  Top 2 in North America for tech cities of opportunity.

 

 Hamilton is in the Top 3in North America for food and beverage processing.     Agribusiness contributes One Billion to Hamilton's economy annually.

Hamilton is a city with a cinematic soul. Adaptable and diverse, gritty and beautiful, it's a

city that offers a wide range of great quality resources for film crews. In fact, a massive

new Film & TV Production Hub is coming to Hamilton: A coalition of industry leaders to build

500,000 sq. ft. of sound stage and a 15-acre live-work-play community.

 

Hamilton's McMaster University, Mohawk College, and additional top-rated schools attract

                 over 68,000 students annually from over 162 countries.

 

    LOCATION

Hamilton has been awarded 3.4 Billion in funding from Ontario and Canada to build a new LRT. The LRT will offer frequent and reliable connections on the 14-kilometer line from McMaster University through downtown Hamilton to Eastgate Square.