Population Increase & Economic Outlook
Hamilton, a city with a bright future! With a population of 569,000 set to increase by 236,000 over the next 30 years, along with 122,000 new jobs, housing demand will soar, leading to healthy returns for early market participants. Hamilton is a thriving tech city, home to Canada’s tech and finance businesses, ranked in the Top 5 for Tech Labour by CBRE.
Hamilton offers excellent transportation options, including Highway 403, QEW, HSR Bus Transit, GO Transit, and the John C. Munro Hamilton International Airport. Future enhancements, such as the $3.4 billion Hamilton Light Rail Transit (LRT) and expanded GO Transit service, will further improve connectivity.
Hamilton is home to prestigious institutions like McMaster University and Mohawk College, attracting over 60,000 students. McMaster University had 17.20% international students in 2021/2022, while Mohawk College welcomes more than 3,000 international students annually. The limited on-campus housing and continuous influx of students create a high demand for off-campus housing, resulting in a large student rental pool in the city.
Slate, a global investment and asset manager, oversees a substantial $6 billion in assets. With a visionary approach, Slate seeks to redefine the possibilities of properties, markets, and overlooked opportunities that others may not recognize.