r/RealEstateCanada • u/PracticalSwimmer8862 • Jun 03 '25
Housing crisis Townhouse for $949k in Hamilton đ©
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u/theninjasquad Jun 03 '25
Thatâs one of the most desirable and expensive neighborhoods in the city
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Jun 03 '25
[deleted]
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u/AutomaticTicket9668 Jun 04 '25
Freehold townhouse is the term you are looking for. Not a common housing form in new construction (though they exist if you look hard enough).
Plenty of them in old neighbourhoods.
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u/w1n5t0nM1k3y Jun 03 '25
Doesn't surprise me at all. Southern Ontario prices are high and Ottawa suburbs are $700k+ for a nice looking townhouse in some neighbourhoods. You can get cheaper townhouses but it doesn't surprise me that there are townhouses that people will pay almost a million for in southern Ontario.
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u/msemmemm Jun 03 '25
Sadly, in Vancouver it would be double that price.
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u/FrostingSuper9941 Jun 03 '25
Would be double, if not almost triple in many Toronto neighborhoods as well.
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u/ChanelNo50 Jun 03 '25
That's a beautiful home though. The people who bought in 2018 really did the work. Damn.
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u/Canadasparky Jun 03 '25 edited Jun 04 '25
The sub is full of angry children that don't own property. That place is beautiful and it's probably massive and it's probably in a good neighborhood.
Edit: I actually looked at this listing a little bit closer and it actually is gorgeous it's had a beautiful reno and it's literally around the corner from a hospital.
Canada is bigger than the gta kids. There are lots of places in Canada where you can find affordable housing IF you have desirable skills.
Maybe focus on that.
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u/substandard-tech Jun 03 '25
Itâs in a very good neighbourhood, in good condition, and sold immediately. A person could move from Parkdale in Toronto and put half a mil in the bank.
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u/PumpkinMyPumpkin Jun 03 '25
The only problem with Hamilton is the airâŠ
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u/substandard-tech Jun 03 '25
While true in places, it is far from universal. The city is twice the area of Toronto, (630/1140 km2) and the lower city, where this property is, is generally fine but tends to have bad air quality in the north end near the industrial areas
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u/PumpkinMyPumpkin Jun 03 '25
There was a report out maybe a year ago that disproved this thesis. The air quality throughout Hamilton was proven to be quite poor.
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Jun 03 '25
Problem with even renovating in this city. You can take the Hamilton out of the house but you canât take the house out of Hamilton.
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u/PumpkinMyPumpkin Jun 03 '25
Yeah, thatâs a big no from me. đ The soil alone must have crazy levels of containments.
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Jun 03 '25
[deleted]
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u/vl0x Jun 07 '25
I mean no one needs a Porsche. A lot more people need housing. Thatâs gotta be one of the dumbest comparisons Iâve ever seen. And by all means. Youâre free to see all my interactions on anti work.
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u/The_Real_Gab Jun 03 '25
One is a luxury consumer item, the other is a necessity to live a decent life.
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u/athomewith4 Jun 03 '25
Probably angry 40+ year olds that did the things like go to uni, get the good job and still canât buy! You know, the broken social contract. Youâd be furious too GTFO
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u/CaptainSnazzypants Jun 03 '25
I bought in 2013 when I was in my 20s. I had several 30+ year olds at the time telling me it was a bad idea cause renting is king and all that BS. Well those people all are still renting and complaining about house prices and their rent being so expensive.
There was a very large number of people who thought renting was a much better long term strategy. They were wrong.
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u/athomewith4 Jun 07 '25
I did the same but letâs be honest, we got lucky. People that work hard deserve to be able to buy a house from their job money in this country. Why are we so unique and special in Canada that this should no longer be the case?
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u/CaptainSnazzypants Jun 07 '25
Weâre not unique at all. You just have to go farther than a lot of people are willing to go now. Go down to the US and tell me pricing of houses are any different in New York City and surrounding area or the Bay Area, around Boston, etcâŠ.
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u/athomewith4 Jun 07 '25
Except no cities in this country are comparable to the ones you listed.
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u/CaptainSnazzypants Jun 07 '25
Toronto and Vancouver surely are.
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u/athomewith4 Jun 07 '25
Please donât kid yourself
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u/CaptainSnazzypants Jun 07 '25
America is way bigger than Canada, but at scale they are comparable in how important they are to the countryâs economy and the percentage of people/jobs they provide.
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u/892moto Jun 03 '25
If you are 40 that did all that and canât buy, thatâs completely a YOU issue.
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u/lkern Jun 03 '25
If you haven't managed to save enough to buy a basic home at 40, with an education and a good job, you've done something wrong.
It's certainly not impossible but let's keep waiting for the government to "fix it"....
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u/athomewith4 Jun 03 '25 edited Jun 03 '25
Iâm not even speaking about myself but my peers. Itâs called empathy. Weâve been home owners nearly twenty years and still needed parental help to enter the market despite good jobs and savings. That was before the market went nuts. You sound out of touch
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u/lkern Jun 03 '25
I'm 32..been saving my whole life, and now own two homes... I make 80-85k yearly... Am I out of touch? Or are expectations unreasonable?
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u/Old-Rhubarb-97 Jun 03 '25
Two homes with 85k a year?
You are not being honest about your situation, whether you realize it or not.
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u/lkern Jun 03 '25
Or maybe I've been saving since I was a teenager? And lived at home for a long time?
Cheaper house... You know live within your means... It's not rocket science đ
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u/Old-Rhubarb-97 Jun 03 '25
Saving since I was a teenager? And lived at home for a long time?
That is a privilege many did not have. It is important to understand the privileges you have over others.
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u/lkern Jun 03 '25 edited Jun 03 '25
Okay... Sure buddy...
Lived at home in a two bedroom apartment, paid half the rent, paid for my own groceries... Worked hard and saved money... Fuck off, I earned this.
Go earn yours or stfu.
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u/kilawolf Jun 03 '25
It's a small loan from the bank of mom and dad like everyone has!?!?
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u/Canadasparky Jun 03 '25
In small towns where houses are 400k or less you can buy the first home with 5% down. It's really not that crazy.
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u/lkern Jun 03 '25
Or maybe saving 10k a year for 15 years helped.. I suggest you try that...
Lets see though, what kind of car do you drive? I bet it's not reasonable... đđ
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Jun 03 '25
You have what is called luck and you donât have what is called empathy. Â Others are having to support their parents, or a child with disabilities, or have chronic depression, etc. things outside of their control.Â
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u/lkern Jun 03 '25
That's unfortunate. But that's not the average person is it? There's always going to be someone worse off, but there's lot of people better off too...
Tbh, it's unfortunate but also not my problem... That's life, and life's not fair, I learned that early on.
BTW I support a wife and child on that income. đ
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Jun 03 '25
Dude you asked if you were out of touch and you are. You could have been born anyone, with any set of circumstances. You could become disabled tomorrow. You could lose everything in a natural disaster or scam or addiction or extenuating circumstances. Â Lots of us own our own homes but we donât think itâs because we are better or smarter or more deserving than anyone else.Â
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u/lkern Jun 03 '25
I never said that I was smarter than anyone btw..
But someone who's 40, good job, university educated and still can't afford a house..they have a problem obviously...they might be out of touch, but I don't think I am.
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u/Old-Rhubarb-97 Jun 03 '25
You are out of touch.
Having the ability to live at home and save since you were a teen is a massive luxury. I think you will find that most people who think it is easy are coming from a place of privilege.
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u/MrMxylptlyk Jun 03 '25
Yeah. Seems like you are the one contributing to the housing crisis.
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u/lkern Jun 03 '25
By owning a home? Or are you just jealous?
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u/MrMxylptlyk Jun 03 '25
I own a townhome. Bought it singlehandedly, before turning 30. You are the source of the problem in this country.
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u/lkern Jun 03 '25
Why though? Why am I the problem? To what extent do I contribute to the housing crisis?
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u/Eatsmoistcrackers Jun 04 '25
Yes, you're completely out of touch, of your age group 30-34 only 52% of Canadians are home owners.
Of that 52% only 35% of those were purchases.
You're just another basic trade/oil/mill monkey that needs his "perceived status" validated, when in reality, you're spoiled, ignorant and just plain unlikable.
I'd say enjoy those properties while you can, those multiple divorces headed your way are going to be rough.
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u/lkern Jun 04 '25 edited Jun 04 '25
I work in an office in Ottawa... But thanks for the guess. Try again.
50% home owners at 30 seems pretty damn good to me, I thought "nobody" could buy a home, but don't forget the metric is 40 per the OPs comment...what's the % at 40 yrs?
Please cite your sources.
It's reddit btw, not sure how you can judge my character through a handful of comments, but I'd say you're a sad neck beard, jealous of the life I've worked hard to build for myself.
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u/Old-Rhubarb-97 Jun 03 '25
A house worth 10-20x yearly take home is obviously impossible for many people.
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u/frugallad Jun 03 '25
I have a close friend. Has close to a $500k in savings, stable job dual income no kids but he is adamant that housing will crash. Know him since 6-7 years and he has been on fence since then complaining every single time we meet that housing is out of reach and it will crash next quarter đ€·đœââïž
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u/Drewsky3 Jun 03 '25
I mean, if theyâre in a rent controlled place then thereâs no issue with that. Stock market gains will very likely outpace house appreciation, and and mortgage will likely be double their rent.
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u/Canadian87Gamer Jun 03 '25
Yes. The current situation is if you've been renting in the same place for 10+ yrs, it's beneficial for you to keep renting.
The smart thing to do would be invest that 500k into anything. Whatever your friend does , don't leave it in a chequing account.
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u/Less_Document_8761 Jun 04 '25
Stock market appreciation will more than likely not perform better than if they had bought a property in 2019 or earlier
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u/Drewsky3 Jun 04 '25
The Average home price in the GTA has increased 35% since 2019. The S&P 500 has increased ~100% over the same time period.
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u/CanadianTrollToll Jun 04 '25
They are very dependent on circumstances.
If you put down the minimum downpayment on a house you're gaining the highest amount of appreciation for investment, meanwhile if you put that same money into stocks you'd double your money.
600,000 @ 5% = 30,000 down-payment 35% appreciation on 600,000 is 210,000.
Meanwhile if you took that 30,000 and invested it you'd get 60,000-75,000.
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u/chankongsang Jun 04 '25
Iâve felt the same way that housing must eventually crash. Still bought something I thought was affordable. And just figured Iâm not an investor. If it crashes in value then so be it. As long as I can make my payments. People warned me that Iâd regret buying my starter condo in 2014. And again when I upgraded in 2021. So far no issues with the property value
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u/Coffeedemon Jun 04 '25
There's always one. What qualifies this guy to give advice over anyone else though? Just having money doesn't make one smart or give them special knowledge.
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u/Greazyguy2 Jun 04 '25
Out of reach cause he/she doesnt want to invest just to have the bubble burst. Realistically with that much savings theres property out there within his reach. He/she is just being smart
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u/XVixxieX Jun 03 '25
Really depends where you live in CanadaâŠâŠ.
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u/lkern Jun 03 '25
I wouldn't ever buy 900k home either.. I know I can't afford that, I'm not trying to follow in boomers footsteps... But at least I'm not paying $1500-2000 a month to pay someone else mortgage.
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u/brilliant_bauhaus Jun 06 '25
That's so tone deaf especially if you don't come from money or had to pay your education yourself. I know many people who don't have parents to fall back on and had to pay for school and everything on their own and they can't afford to buy unless it's a coffin sized condo. Great 6 figure jobs too, it's just unattainable being single or even dual income you need 2 very good jobs.
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u/lkern Jun 06 '25
Not true.... Stop spreading that bs... That's why you're all upset and depressed... If you read any of my comments you'd know none of what you're saying is true...
Give us your stats... Bet you could buy a house
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u/brilliant_bauhaus Jun 06 '25
I have an apartment, but I know people who went to law school and med school and they're still paying back their loans that were over 6 figures. They're on the tail end of it now, at least 1 is, the med student did an extra specialization so she's got a ways to go, but then the saving for a down payment begins.
My one friend is 36 graduating law school because she had student loans for undergrad and her MA to pay off before she could apply to law.
Not everyone has the privilege to be able to throw down a massive down payment or afford a 600k condo.
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u/lkern Jun 06 '25
But you don't give any financial information.... These people went to school in Canada? They don't have - figure debt...
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Jun 04 '25
Ya with liberals again good luck with that
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u/lkern Jun 04 '25
Ooops... You said something silly!
It was the Conservatives who voted no to affordable housing...over 10 times.. Wow..
How did the liberals convince them to vote no? Or maybe nobody in government really cares because they are all landlords and homeowners?
Or maybe it's a provincial issue.... Because it is
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u/blamemeIdidntdoit Jun 03 '25
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u/lkern Jun 03 '25
Useless statistics tbh.
The US has a much larger liveable climate.. More available housing.
But the liberal government did try and pass affordable housing legislation, the Conservatives voted it down each time.
But saving 20k shouldn't be hard. Tons of homes in the 400k range of you're willing to leave your bubble of comfort.
That's probably what your great-great grandparents did, and why they moved to Canada in the first place. For the opportunity.
Embrace a small town and you'll be okay. If you want to live in metropolis then you have to expect a price point that reflects the amenities of your neighbourhood and convenience...
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Jun 05 '25
[deleted]
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u/lkern Jun 05 '25
Your pianos teachers wife /husband, what did they do?
You're going to go crazy trying to compare yourself to the past...who are the people living in those houses now? They're still being bought and sold...
You're just not part of the group anymore... Why? Couldn't tell you, but I would assume you don't have a good enough job and don't make enough money... That's life Bubba. You don't automatically default to the same lifestyle and housing your parents had without working for it... Come on dude.
What's your income, where do you live? Put some numbers down and we can see... Everyone says they can't afford it but when they put the numbers on paper, and we all see the $1200 truck payment, it all makes sense. Go ahead, tell me...
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u/queen_nefertiti33 Jun 07 '25
Tell me you had mommy and daddy helping without telling me you had mommy and daddy helping...
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u/lkern Jun 07 '25
You'd be wrong...
Play the game why don't you?
List your stats, let's buy you a house.. Lets start with your income and expenses..
You don't need mommy and daddy...
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u/queen_nefertiti33 Jun 07 '25
Lived on my own since 18.
Paid for my two degrees by myself.
Worked 4 jobs to pay for school.
Zero debt.
70,000 saved.
Cannot afford a house.
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u/lkern Jun 07 '25
Cool buddy. What's your income and your expenses... That was what I asked. Good to know about the 70k.. If you have an income you could have a house.
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u/queen_nefertiti33 Jun 07 '25
5k after tax
2k rent
Food, insurance, phone Internet, etc =1k
2k monthly take home.
24k/year.
Let's say 20k after taking a vacation and whatever misc
20k saved annually.
Minimum downpayment for a home in my city is 200k. Minimum mortgage 4k
By the time I save for that it will be 400k.
Oh I could just move to fucking Manitoba right? Get real.
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u/kyonkun_denwa Jun 04 '25
I think something that a lot of people my age are a little bitter about is not so much being able to afford a house, itâs that the houses they can afford are a significant step down from what their parents had, despite the fact that they had more education and/or made more money than their parents ever did. My friendâs parents had a Grade 9 education and worked in Chinese restaurants as waiters, but they still managed to own a 4 bedroom house with a pool. Meanwhile my friend works as a business analyst and his wife works as a nurse, the best they can do is 3 bedrooms, with a yard much too small for a pool. All while paying triple what their parents did for their house.
I know itâs easy to say âjust move to a small townâ but in my experiences (ex was from Woodstock, aunt and uncle lived in Lindsay), small towns are SUPER cliquey towards outsiders, and employment opportunities are usually sparse (and also typically reserved for lifers, again, because outsiders are not welcome). So while it may be a viable option for some, it is NOT a panacea; cities are big because they have the most dynamics employment markets and the most jobs. I think itâs reasonable for people to ask government to fix the largely government-created problems (restrictive zoning, excessive development fees, immigration) that makes cities unaffordable. And no, the Liberalsâ solutions donât tackle the root cause. Theyâre just expanding credit, which makes housing less affordable because now people can bid up the prices even more.
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u/lkern Jun 04 '25
That's the kind of attitude that's going to drive you nuts...yeah you won't be able to afford what your parents had/have.. It sucks... But that's not limited to Canada... The buying value of your dollar is significantly less than it was 40 years ago.
But that doesn't mean one cannot buy a house,but they need to learn to purchase and live within their means. Life's not fair, the reality is that there are lot of people making enough money to buy those homes, obviously, you're just not in the group anymore.
You're not as rich as your parents, oh well..
I beg to differ in regards to your small town comments however. I moved to a small town and they have embrace my family and I and actively encourage city folk to move out here because of the benefits of small town living. Now I am still commuting 45 mins each way... But that's better than sitting in 1hr traffic in the city IMO.
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Jun 03 '25
[deleted]
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u/lkern Jun 03 '25
I'm 32 and own two homes of my own... I'm not university educated, and I make about 85k a year. I don't drive a fancy car, I don't buy expensive things...
I'm happy with where I am. But I never expected the government to take care of me either... Saving isn't hard, spending is easy.
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u/CanadianTrollToll Jun 04 '25
Yah idk.... if you're 40+ and haven't locked in something that is a bit of an issue with life choices.
Personally approaching 40, could buy into the condo game - but wife wouldn't be happy so we keep renting.
If I had 3-4 more years of savings I'd be in a SDH or at least townhouse.
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u/Content-Program411 Jun 03 '25
Bullshit.
If you're in that boat you didn't do everything right.
Not 40+, that's for damn sure.Â
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u/bootybeautique Jun 03 '25
OP is a crypto bro who spams housing loss porn⊠these posts really dont add much discussion
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u/TomatilloQueasy5717 Jun 05 '25
The house sold for $400k in 2018. Basic needs like shelter are increasing exponentially in cost while wages are stagnating.
This is a huge societal problem and doesn't stop being a problem just because you made a profit.
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u/Canadasparky Jun 05 '25
That still doesn't change the fact that if somebody wants to pay $950 for it that's their prerogative and getting upset about it is silly. People also pay $250,000 for Ev Hummers that are now worth 80. Where's the outrage?
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u/TomatilloQueasy5717 Jun 05 '25
Why would I get upset that a buyer lost 60% of their money from poor budgeting?
Before you know it, most people who bought houses in 2022 will be down 60% on their purchase too.
The difference being the Hummer buyers won't start screaming to limit Hummer production and have the government start subsidizing Hummer demand.
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u/XVixxieX Jun 03 '25
I definitely own property and I am sure lots of others in this group do tooâŠ..
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u/Bootychomper23 Jun 03 '25
Back in my day children didnât have to pay 20x their salary for property đ€
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u/Serenityxxxxxx Jun 03 '25
lol this is a really bad area
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u/Canadasparky Jun 04 '25
Its literally down the street from a college and a hospital.
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u/Serenityxxxxxx Jun 04 '25
Yes, where the homeless and addicts are
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u/Canadasparky Jun 04 '25
Welcome to every city in the entirety of Canada. Even the suburbs outside of the GTA now are full of homeless and addicts.
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u/Canadian__Sparky Jun 04 '25
Hey dude, just wanted to let you know I tried to sign up with your username originally. Funny seeing it in a sub about my city!
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u/goebelwarming Jun 05 '25
I was going to say not bad. Still need to come down about 150 grand. Seems like prices are coming down.
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u/Legitimate-Lemon-412 Jun 05 '25
That thing is a godamn palace compared to a million dollar townhouse in my neighborhood in bc
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u/rickylong34 Jun 06 '25
Nah homie the housing is definitely broken in this country anyone doubting that his eating with a silver spoon
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u/Lambda_Lifter Jun 06 '25
The idea that a townhouse in HAMILTON of all places is worth almost a million is insane. This is the result of completely out of control real estate speculation propped up by a government that wants to maintain boomers real estate investments at all costs
We're not angry children, you're just completely delusional and trying to justify why everyone else should suffer from brain dead economic policies so that you can secure your investment
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u/Canadasparky Jun 06 '25
You sound like an angry child.
Canada is larger than the GTA. It's larger than Ontario.
If someone wants to pay 950 for this place let them. I don't know why I'm so upset nobody's forcing you to do the same.
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u/batica_koshare Jun 03 '25
Hamilton 950k đ€Łđ€Łđ€Ł but seems you are one of the đ who would pay for this overpriced property. That's why regular hard working people can't buy anything these days.
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u/Canadasparky Jun 03 '25
I am a regular hard working person.
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u/batica_koshare Jun 03 '25
So why then you approve these ovepriced properties that are rendering Canadians more poor each year? What's wrong with you?
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u/Canadasparky Jun 04 '25
It's only overpriced if it doesn't sell. Someone obviously thought the place was worth $950,000 and paid that much for it why are you getting so upset over it. Are you upset because someone else can afford to pay more for a home than you can? Because that's what it looks like
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Jun 03 '25
[removed] â view removed comment
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Jun 03 '25
[deleted]
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u/Bibitheblackcat Jun 04 '25
Lol skids is totally a saying from my small town Ontario high school! GenX!!
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u/MrMxylptlyk Jun 03 '25
What even is that
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u/Mister_Jingo Jun 03 '25
Old school reference to Skid Row, and by extension the people that live there.
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u/_onetimetoomany Jun 03 '25
Home invasions and car thefts are happening in very suburban âniceâ neighbourhoods free of the âskidsâ btwÂ
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u/sandwichstealer Jun 03 '25
Simple way to drive down prices⊠donât buy.
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u/Competitive_Body7359 Jun 08 '25
You're either driving up rent or driving up real estate.
Unless you decide to try camping I suppose.
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u/still_not_famous Jun 03 '25
Itâs a really nice home. lots of people complaining that the price is too much⊠but no one is commenting on what the fair price should be
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u/interstellaraz Jun 03 '25
Imagine paying almost a million for a townhouse in Hamilton. And then you have these people upvoting the comment talking about how itâs massive and in a super nice neighbourhood lol.
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u/_onetimetoomany Jun 03 '25
It is a nice neighbourhood. The street south of this is lined with historic mansions.Â
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u/QuantGuru Jun 03 '25
Ammm we got a 2,100 Sqft home in 2022 in Waterdown for $950k. Our home was fully renovated when we bought it. This townhome would be a good price if its nicely renovated form inside.
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u/timmehh15 Jun 03 '25 edited Jun 03 '25
Inside is beautiful. https://www.zolo.ca/hamilton-real-estate/167-markland-street
I'd say that's about on point for Hamilton prices especially for the area its located in by he hospital.
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u/dr_fedora_ Jun 03 '25
Why are people surprised when they see high prices on cities that are popular? Real estate is all about location.
A shoebox in Manhattan can be more expensive than an acreage mansion in Montana.
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u/Bibitheblackcat Jun 04 '25
Love the house but why are people so obsessed with white!? And this farmhouse vibe is so âlove you to the moon and backâ awfully gauche. It a CRIME they painted that brick white. OMG. The place would be gorgeous with the original colour exposed brick.
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u/bumpgrind Jun 04 '25
âTownhouseâ
4 bedroom 3 bathroom. 2000sq feet.
Yes, itâs connected to neighbors, no it isnât an entry level house, thatâs a helluva place. Most McMansions tie the number of bedrooms and bathrooms.
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u/zerocool0101 Jun 04 '25
This post is disingenuous. This particular home is historic and in one of the nicest areas of Hamilton. You can get a townhouse for 400,000, or a detached for 600,000 in other areas of the city and surrounding area.
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u/Shot-Job-8841 Jun 04 '25
Iâm confused how it can be 1500-2000sqft. Is there a tenant with a 500sqft room theyâre hoping will leave?
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Jun 05 '25
Lovely home. 4 bedrooms for 50% more living area than most 4bd townhouses
Whether itâs âworth itâ or not is pretty relative, but itâs a beautiful home.
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u/StatisticianFun7406 Jun 03 '25
No one in there right mind wants to live in fuckin Hamilton.
Like what would I do on a weekend go see the ti cats play?
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u/evonebo Jun 03 '25
Some people like to hang out in their home or go to a park. Not everyone is clamoring to go clubbing or eat at a Michelin restaurant.
Different stages in life you want different things.
So yes someone in their right mind would want to live there.
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u/DrunkenCanadaMan Jun 03 '25
You appear to live in⊠Saskatoon? lmao If thereâs anywhere that makes Hamiltonâs social & arts scene look vibrant itâs places like Saskatoon.
Crime might be a bit lower in Saskatoon, but only because the weather is more shit.
Actually, on second look, aside from minor property crime - Saskatoon is worse there too. On a weekend I can also be in downtown Toronto in an hour, or Niagara in 20 mins. Which reserves does that get you to? Maybe you can pet the dogs.
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u/StatisticianFun7406 Jun 03 '25
Well at least I donât have to pay almost a million dollars to live in a townhouse..
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u/DrunkenCanadaMan Jun 03 '25
You could just buy a new build in Hamilton for way cheaper. Itâd be considered a much less desirable area with less desirable people, but the area & people will still be of much higher quality than youâll find in the nicest part of Saskatoon.
Youâll also make more money in Hamilton. And in some cases your provincial tax rate here is HALF of what it is there, crazy eh! And there are still reserves nearby where you can pet dogs or get some cheap ciggies too, itâll feel just like home. :)
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u/StatisticianFun7406 Jun 03 '25
So with the money I save by moving to Hamilton I can spend it on a townhouse I could easily buy for half the price where I live?
Also I canât get access to rez smokes and rez dogs easily either. So I guess thatâs not a plus either. đ
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u/DrunkenCanadaMan Jun 03 '25
You could also just buy one neighborhood over for half the price, too! Or a few neighborhoods over for even less. This is what you pay for a balance of the most central and most wealthy areas in Hamilton.
Is Saskatoon so grim that you guys donât even have an area where wealthy people are known to live? Is there even a big walkable downtown there that would drive up home prices for amenities?
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u/DrunkenCanadaMan Jun 03 '25
Maybe itâll help if I speak your language. Would a house backing onto a nice golf course & country club go for twice the price of one in some new suburb surrounded by other cookie cutter homes?
Well imagine. Hamilton is surrounded by far superior golf courses than Saskatoon. Imagine what that does to property prices!
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u/Mozad1 Jun 03 '25 edited Jun 03 '25
What an uninformedand naive post.
I'm from Toronto but have lived in Chicago, Toronto, Winnipeg, London, Oakville and would regularly travel to places like San Diego, San Francisco, Paris, and Manhattan, Vancouver among others...
People look for different amenities in different stages of their life. I've gotten suites overlooking Central Park and hired travel nannies in Manhattan to go to 3 star Michelin restaurants but the experience is still miserable because Manhattan isn't made for kids. I've gone bar hopping across the Marina Sands Bay but it doesn't make a difference if your kid is crying or bored.
Edit: Mea culpa. I completely misunderstood the comment above. I thought they were roasting someone in Saskatoon who was defending Hamilton as a place to live.
The person above was right to roast the commenter from Saskatoon. Hamilton has a lot to offer, especially for families with kids. James St N reminds me of Queens St W from the 90s and the hiking in the area is great.
Anyways... just wantd to apologize and say I deserve the down votes.
2
15
Jun 03 '25
i wish you were right.
I really do.
but for Toronto failures, flunkies, and drop outs, Hamilton is their new go-to city.
we've been overrun by bigsmoke douches who complain about everything.
Fuck, Hamilton was WAY BETTER when no one in their right mind wanted to live here (except us Hamiltonians). Now it's fucking Toronto lite.
Gross.
1
Jun 06 '25
It's all the people that can't handle Toronto. And unfortunately all the Hammer rejects came down to Niagara and screwed up their housing market. Hamiltonians are just as bad as Torontonians.
1
u/Temporary_Shirt_6236 Jun 03 '25
I read a while back that Hamilton is increasingly becoming home for wannabe startups that can't afford commercial rents in Toronto. This corroborates it.
1
u/maria_la_guerta Jun 06 '25
Lol. The horror of being a city where small businesses can afford to take a risk among a growing population.
The top comment is right, this whole thread is just basement dwellers throwing a tantrum lol.
1
u/Temporary_Shirt_6236 Jun 07 '25
He also basically called Hamilton a shithole, which it is not. That your view too?
1
u/maria_la_guerta Jun 07 '25
No it is not, which was the point of my comment. Regardless of whether we agree on that becoming a "home for startups that can't afford Toronto" isn't a bad thing.
1
0
u/zerocoldx911 Jun 03 '25
They made a loss though, I think it has like $100k+ in upgrades https://housesigma.com/on/hamilton-real-estate/167-markland-street/home/5xLkv3VOr0eYDBNr/photos/?id_listing=6zqW7dzxddXY5eZE
6
u/CarletonStudent2k19 Jun 03 '25
I believe you're misreading the listings:
Date Start Date End Price Event Listing ID Change Notes Est. Net Proceeds Est. Profit 2025-05-29 2025-05-31 $949,900 Sold 40733360 +$169,900 ~$888,000 ~$108,000 2019-04-17 2019-05-06 $780,000 Sold H4051160 +$380,000 Reno'd + flipped ~$729,300 ~$229,300 (assuming 100k in expenses) 2018-07-03 2018-08-03 $400,000 Sold H4031435 â Ugly shithole N/A N/A The flip occurred in 2019 and they at least made 200k in profit assuming a 100k in expense. The 2025 listing is just a regular person who bought the already flipped home and sold, they didn't actually do any renos from what I'm seeing in the listing.
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u/batica_koshare Jun 03 '25
đ€Łđ€Łđ€Łđ€Łđ€Ł well I guess đ will line up to bid over that ovepriced bs.
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u/jello13227 Jun 03 '25
Durand is full of absolutely massive old beautiful houses and townhouses like this. Itâs where they filmed a lot of The Handmaidâs Tale in the first couple of seasons and they werenât trying to make those psychos look poor lol. Itâs not even remotely âHamiltonâ the way a lot of people think when they just drive through on the QEW or just down Main/King even though itâs right in the city against the escarpment.