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Updated almost 5 years ago on . Most recent reply
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Hamilton or KWC/Guelph area?
Hi everyone,
Just looking for some advice on which city people would recommend for what I am looking to do:
So, I currently live in Toronto but am looking to move out of the city and buy a property in the next year.
My Goal: To buy an outdated property/moderate fixer upper in the 250-400k range that I can put 20-30k in renovations. I then plan to have it re-appraised next year and refinance to purchase a rental property.
Please note that I plan on living in this property long-term.
My question: What city would you recommend between the Hamilton area and the KWC area?
I am thinking that KWC might be difficult to find in my price range as it seems to have risen considerably in price...Hamilton seems more affordable but I also hear a lot more negative things about the city.
I noticed Cambridge seems to be the most affordable in the KWC area- anyone have any opinions?
In terms of Hamilton- do people here have a favourable look on the city? What about outlying cities such as Stoney Creek?
Thank you!
Most Popular Reply
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@Dylan Bergum Both great markets Hamilton is an awesome city, majority of my portfolio is Hamilton. Send a DM & we can set up a call, happy to go over details with you about where to invest.
Jacob