Hamilton - how long to find tenant?

[Akil Nasser]

Hi! I’ve recently purchased a 3/1 single family home in the Crown Point East area of Hamilton Ontario. This is my first rental house purchase. It’s taking a little longer to rent out, which is making me wonder whether something wrong with it or whether I need to keep waiting for the right applicant to come along.

A little about the home. It’s very clean but not updated. I’ve been told it’s on a slightly busy street but not that busy. It’s next to a local mini mart, but it’s not in your face, busy or loud. I’ve been told by agent and property manager that it is well priced. Through a local property manager, its received 11 applications over 6 weeks, and it’s listed on kijiji, FB, Zumper and Padmapper. Only one application passed, but that person chose a different house in the end.

An agent that’s part of the brokerage I used to purchase this house stated he observed houses take 4-6 weeks to rent out but were in week 7 now.

Is this timeline and # of applications “normal” for lower city Hamilton?