Question 1

Why are home prices growing in Hamilton?

Accepted Answer

Hamilton has seen strong price growth due to its affordability relative to Toronto, excellent GO Train connectivity (under 1 hour to Union Station), growing tech sector, and revitalized downtown. The average home price of $780K offers significant savings versus the GTA.

Question 2

What mortgage rates are available for Hamilton homebuyers?

Accepted Answer

Hamilton buyers have access to the same competitive rates as the GTA market. Current 5-year fixed rates range from 4.5% to 5.5%. We work with 65+ lenders including those specializing in the Hamilton market.

Question 3

Is Hamilton a good market for first-time buyers?

Accepted Answer

Yes, Hamilton is one of the best markets for first-time buyers in Southern Ontario. With average prices around $780K, you can purchase with less than 20% down (CMHC-insured). Many first-time buyers find more space and value here than in Toronto.

Question 4

Can I use rental income from my Hamilton property to qualify?

Accepted Answer

Yes, we can help you qualify using rental income. Hamilton's strong rental market means many lenders will consider basement apartment income or multi-unit property revenue. This is especially useful for investment properties on the Mountain or in the Lower City.

Question 5

Do you serve all Hamilton neighbourhoods?

Accepted Answer

Yes, we serve all Hamilton areas including Westdale, Dundas, Ancaster, Stoney Creek, Waterdown, Locke Street, and the Hamilton Mountain. We understand the unique characteristics and values of each neighbourhood.

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