Hamilton continues to top list of best places to invest in Ontario

Hamilton, ON, Canada / AM900 CHML

Hamilton continues to make waves as one of the top investment markets in Ontario, ranking second — topped only by Kitchener/Cambridge.

That’s according to an annual report by the Real Estate Investment Network.

It credits the ranking as a result of several years of record breaking building permit values, which topped $1 billion dollars in 2013 for the third straight year, and population growth.

Among the perks for investors is the city’s short drive to the U.S., its busy port, access to Pearson International and 400 series highways.

According to the report, Hamilton also appeals to those working in other parts of the GTA who are drawn to the city because of lower housing prices.

It predicts opportunities and investment potential will continue for the next five years.

(CBC Hamilton)

Comments

Leave a Reply