Hello Real Estate Investors in Hamilton Ontario!!
Remember when I posted about Major Employers Coming?? Well I was driving on Stone Church near Pritchard with a REIN and RSIC member client and what did I see? A parking lot full of Bell service vehicles, somewhere around 40-60 of them and a large building behind it being constructed. Just a steel frame so far but doors are supposed to open this December for this mail distribution facility. Why do you as investors care? Because unlike the masses, real estate is not about location, location, location but rather jobs, jobs, and more JOBS!!
So next time you’re in the area, check it out!! Where? Just south of where the Red Hill and Link meet. Gee golly what a great location! Eight minutes away from the 403 or QEW! Makes a lot of sense to me and Canada Bread.
Speaking of Canada Bread, a REIN member emailed me this after reading my post…
” Hi Erwin,
I wanted to let you know that we have just rented our 2nd property in Hamilton, & we got a lot of calls from people moving into the city as they had obtained employment in Hamilton — in particular, we received 2 calls from people moving from Windsor! We also got a call from someone who just started p/t at Canada Bread, & expects to get a f/t position within a few months.
All this is very exciting, so I just wanted to share this with you! Thanks Erwin.”
Thanks Anita! In-migration due to jobs you say? Love it! And I imagine you Hamilton real estate investors are loving it too.
Till next blog post – happy investing everyone!!
Erwin | MrHamilton.ca
PS: If you would an on-the-ground tour of Hamilton and select investment properties please let me know (email Maria and she’ll set it up: Maria (at) MrHamilton.ca)
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