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Updated almost 5 years ago on . Most recent reply

User Stats

11
Posts
8
Votes
Dylan Bergum
  • New to Real Estate
  • Toronto
8
Votes |
11
Posts

Hamilton or KWC/Guelph area?

Dylan Bergum
  • New to Real Estate
  • Toronto
Posted

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My Goal:  To buy an outdated property/moderate fixer upper in the 250-400k range that I can put 20-30k in renovations.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

User Stats

285
Posts
181
Votes
Jacob Perez
  • Rental Property Investor
  • Hamilton, Ontario
181
Votes |
285
Posts
Jacob Perez
  • Rental Property Investor
  • Hamilton, Ontario
Replied

@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

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