Hamilton Real Estate News

Hamilton Real Estate Profile

March 9, 2005: City of Hamilton real estate profile: Situated on the west end of Lake Ontario, the City of Hamilton boasts museums, performing arts amenities, professional sports teams, golf courses, thousands of acres of botanical gardens, and McMaster University, one of the top universities in Canada.

On January 1, 2001, the towns of Ancaster, Dundas and Flamborough, as well as the Township of Glanbrook and the cities of Hamilton and Stoney Creek amalgamated to become the City of Hamilton.

With a population of about 503,000, the City of Hamilton has the ninth largest population in Canada and fourth in Ontario after Toronto, Ottawa and Mississauga. Over 27,000 of its citizens speak Italian. Polish, German and Portuguese are also highly spoken, along with many other languages. Ten percent of the population is of a visible minority.

For families with children there are many fun places in the area to visit including African Lion Safari, Dundurn Castle and the Hamilton Children's Museum.

Copps Coliseum, which hosts sports and music events, is one of the largest arenas in North America and is home to the Hamilton Bulldogs.

Throughout the year there is always an event or festival going on in Hamilton such as the Dragon Boat Race Festival and Around the Bay Road Race.

Hamilton's real estate market: A two- bedroom house in Hamilton will sell from $109,000 to over $499,000. In the Ancaster/Dundas area, houses range from $162,900 to $1,298,000. In Stoney Creek, the same type of house will range from $115,000 to $1,790,000.