Canadian Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago, 04/14/2020
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My Goal: To buy an outdated property/moderate fixer upper in the 250-400k range that I can put 20-30k in renovations.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!