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Published byEddie Flesher
Modified over 2 years ago
Hot Neighbourhood: Presented by:
Who invests in Hamilton? Who has been to Hamilton? And the rest? Why?
“Singles and doubles for 2011 and 2012, closer to a home run in 2013” What happens in 2013? “The impact will be felt from the people and jobs moving to Hamilton in 2013”
Source: Hamilton Spectator
Source: City of Hamilton
Source: Ontario Ministry of Training, Colleges and Universities
Hwy6S Hwy 6 407 Link Red Hill
Suburbs Safe, Quiet, Family Oriented Neighbourhood Quality tenants: A’s and B’s Like Mississauga Not Dirty or Stinky
LRT Red Hill Link
Source: City of Hamilton Ward Profile
Total Price $ 164,000 Actual Rent $ 1,395 Mortgage $ 472 (2.4%, 35 amort) Taxes $ 167 Insurance $ 20 Condo Fee $ 319 Cash flow $ 417
Total Price $220,000 Actual Rent $ 2,260 Mortgage $ 631 (2.4%, 35 amort) Taxes $ 228 Insurance $ 100 Utilities $ 300 Cash flow $ 1,002
Total Price $305,000 Actual Rent $ 2,640 Mortgage $ 871 (2.4%, 35 amort) Taxes $ 276 Insurance $ 74 Utilities $ 267 Cash flow $ 1,152
Total Price $ 240,000 Expected Rent $ 1,600 Mortgage $ 688 (2.4%, 35 yr am) Taxes $ 270 Insurance $ 70 $ 1,028 Cash flow $ 572
#1 Investment town in Ontario Gateway City J-O-B-S Great Cash flow “… Closer to a home run in 2013”
Contact Info: Website: www.MrHamilton.cawww.MrHamilton.ca Twitter: http://twitter.com/mrhamiltondotcahttp://twitter.com/mrhamiltondotca Facebook: www.facebook.com/mrhamilton.cawww.facebook.com/mrhamilton.ca Email: erwin@MrHamilton.caerwin@MrHamilton.ca
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Topics Your First Home Multimedia Tools Chat Websites Headline Main Article The Bigger Picture Mortgage Calculator How Much House Can I Afford? Rent vs.
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Buying your first home is exciting, especially when you find a good deal on it, but a lot of people don’t realize that by the time they pay it off, they’ve.
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REAL ESTATE Investments Vocabulary Rental Property – real estate available for being rented and an alternative to investment opportunities available.
Cash for a down payment + mortgage payments Property taxes Home insurance Condo owners—condo fees Utilities, maintenance and services.
HOME BUYING. How Much Can You Afford? Monthly payments – 28% of Gross Income Price of Home – 2-3 X Gross Income Gross Income – total income before taxes.
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