Wednesday, November 8, 2023 / by Matthew Daniel Tamburello
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
Hamilton is a vibrant port city located on the western shore of Lake Ontario. Known for its beautiful natural attractions, The Ambitious City is becoming one of the top real estate markets in the Greater Toronto and Hamilton Area or GTHA. With that in mind, there are many Hamilton neighbourhoods to choose from, so you need to familiarize yourself with the different areas in order to make a perfect choice.
At Trinity Real Estate Consultants, our local real estate agents always get the question “is Hamilton a good place to live?” and the answer is a resounding yes. This article will cover the best neighbourhoods in Hamilton, plus it will also include answers to some of the most frequently asked questions that prospective home buyers have about the top areas.
Top 8 Best Neighbourhoods In Hamilton
The area that is now Hamilton is one of the oldest settlements in Ontario, dating back thousands of years. Today, the city operates as one of the region’s financial, cultural, and entertainment hubs along with Toronto. Many families love Hamilton because it offers a small-town feel with big-city amenities.
Besides a skyline that consists of high-rise buildings, Hamilton’s main street is packed with both small local businesses and well-known brands. The city also offers a selection of good restaurants for all budgets.
All the while, some of the smaller neighbourhoods feature community projects, like fruit-growing programs. Not only this but many areas are divided by a huge green space known as the Niagara Escarpment, known by locals as “Hamilton mountain” or simply “the mountain”. The Escarpment features endless trekking paths for nature lovers, giving Hamilton laid-back vibes and an overall village-like feel.
That said, the neighbourhood and surrounding area will ultimately determine what you have easy access to. If your neighbourhood is in a well-connected area, you’ll be able to enjoy all the great things that Hamilton has to offer while also sending your children to excellent schools.
Here’s our list of the top 8 neighbourhood options in Hamilton, Ontario.
Ancaster is one of the oldest neighbourhoods in Hamilton, yet it remains one of the most popular choices. Located in the far end of West Hamilton, Ancaster features a great location for young families with plenty of grocery stores, trekking paths, McMaster University, and other amenities located just a few minutes driving.
No list of great neighbourhoods in Hamilton is complete without Corktown. Whether you’re looking for great professional services, easy access to Hamilton Beach, or access to the most family amenities, Corktown has it all. This lively neighbourhood is located right downtown and it has transit links to virtually all areas, including the north end, east end, and industrial sectors.
Residents in Durand have a strong feeling of community. Known as one of the city’s historic neighbourhoods, this downtown region provides easy access to the rest of Hamilton. Not only this, but the Durand offers a mix of eclectic local businesses and convenient shopping options, so it has a little something for everyone.
Gibson is an up-and-coming area that’s perfect for investors. With access to the water and Hamilton’s downtown core, it’s easy to see why Gibson is growing in popularity and why home prices rose quickly.
Located just south of downtown, Kirkendall is a diverse neighbourhood that’s lively, safe, and trendy. Kirkendall features a wide array of restaurants, shopping options, and entertainment venues, so it’s becoming one of the most sought-after places for people in their mid-to-late 20s.
6. Stoney Creek
Stoney Creek is located on the east end of the city, offering easy access to both downtown Toronto and Burlington. Ideal for professionals who need to commute to other cities, this waterfront neighbourhood features single-family apartments as well as other housing options that are considered affordable.
Like all university communities, Westdale is known for its lively scene and eccentric vibe. The university is involved heavily as well, so residents can always find community activities like gigs, workshops, and other types of events that boost the area’s appeal.
8. West Hamilton
If you want the real village experience in The Ambitious City, there may not be a better place than West Hamilton. Local artists, food vendors, and specialty coffee shops all adorn the streets of this green area, which is located at the skirts of the mountain.
Hamilton is a great place to live. But, as a potential property owner, you need to evaluate what the city life is like, gauge property values in different areas, and ensure that Hamilton’s economy is strong enough to provide stability for your family. Here are the answers to some of the most common questions that potential Hamilton homeowners ask before buying.
Is Hamilton a good place to buy a house?
Despite the fact that Toronto and Niagara Falls get a lot of attention, there is no doubt that Hamilton is a great place to buy a house. The Ambitious City offers competitive home prices, great value, and a collection of amenities located within walking distance from the top neighbourhood alternatives.
Is Hamilton a good place to live?
All families have different requirements, but generally speaking, Hamilton, Ontario is a great place to live. Often listed as one of the top real estate markets in Canada, the city offers a huge collection of green spaces, great opportunities for young professionals, and a relatively low average home price.
Are house prices going to drop in Hamilton?
The average home prices in Hamilton, Ontario have decreased slightly over the last month, but this is directly related to rising interest rates. That said, most projections believe that Canada’s record-low mortgage interest rates will continue to fuel the market and encourage many young families to purchase a home. This means that even though Hamilton’s real estate prices may eventually steady out, it’s likely that they will continue to grow for the foreseeable future.
What is the average house price in Hamilton?
As with other areas, the price of a home depends on the neighborhood it’s located in, nearby family amenities, and the qualities that give the property value. The average price of residential property in Hamilton has hovered around $1,000,000 for much of the year. That said, this number can vary dramatically depending on whether the property has a fantastic location, a small-town atmosphere, or great opportunities for young professionals.
There is no doubt that Hamilton’s natural attraction, diverse population, and affordable areas make it one of the most coveted markets in the GTHA. However, you should get to know the best neighborhoods and where these are in comparison to all amenities to find the right alternative for your family.
If you want to know more about this picturesque town-like city or you’ve found an exciting neighbourhood you want to know more about, contact Trinity Real Estate Consultants today and our team will be glad to help.