A place to build fond memories with friends and family.
Although home ownership is a dream come true for many Canadians, renting a home may be a great alternative. While both renting and buying have their financial advantages, there may be many good reasons why renting a home makes more financial sense than owning a home. Residential high-rise buildings are known as tower blocks and may be referred to as a “multi-dwelling unit”. Hamilton high-rise rental apartments can be great places to call home.
Apartment buildings have technical and economic advantages in areas of high population density. They have become a distinctive feature of housing accommodation in virtually all densely populated urban areas around the world. Apartment blocks accommodate more inhabitants per unit of area of land and decrease the cost of municipal infrastructure. Apartment buildings in Canada are large multi-family buildings, Apartment blocks are rented from one common landowner. Each dwelling unit is individually owned in condominiums. Either way, good neighbors are always appreciated in a shared building space.
Location is key
Hamilton continues to have one of Canada’s most diverse economies. In 2017 there was a strong year for job growth across all sectors. Crime rates are on the decline. There are many fun facts about living in the city of Hamilton, Ontario. Hamilton is the fifth-largest city in Ontario, Canada. This location is ideally located halfway between Toronto and Niagara Falls. Hamilton is located in the Golden Horseshoe area which is most noteworthy for it’s economic prosperity. The Hamilton economy in particular has shifted more toward the service sector, such as transportation, education, and health services. The city has a skyline view that is forever changing each day.
Amalgamation of the municipalities
The “old” City of Hamilton had 331,121 residents and was divided into 100 neighborhoods. The amalgamation of five neighboring municipalities: Ancaster, Dundas, Flamborough, Glanbrook, and Stoney Creek formed the new city of Hamilton. The amalgamation created a single-tier municipal government ending subsidization of its suburbs. The overall before and after look of the city changed, and as a result the new amalgamated city has over 519,949 people in more than 100 neighborhoods and surrounding communities. The metropolitan area, which includes Burlington and Grimsby, has a population of over 747,545. The city is about 60 km (40 miles) southwest of Toronto. This is the Greater Toronto and Hamilton Area (GTHA). The surrounding area is absolutely amazing.
We compiled a list of 200 rental apartment buildings apartment buildings located in the city of Hamilton, Ontario and the immediate surrounding area. We have included Hamilton high-rise apartments for rent in each neighborhood. There are many apartment buildings for you to choose from. We did a lot of apartment searching ground work for you. Just call the rental office for the high-rise apartment building on the list to find a suitable apartment building. The information on the list helps you save time looking up the required information you need when you shop for an apartment in the city of Hamilton, ON.
Hamilton is changing
This is true. The city announced that it hit a record-setting milestone of over one billion dollars in building permits this year. There are more cranes in the sky and new developments underway than there has been for decades. Hamilton high-rise rental apartment buildings in the city are popping up everywhere. Hamilton will be seeing a lot more new construction projects in the upcoming years since the city is growing at a rapid pace. There are a large number of high-rise residential projects currently being built in the city. Projects in different phases of development ranging from currently under construction to going through proposal. The city skyline is changing every day. Thank goodness for the great infrastructure and well designed roadways the city has to offer. They make getting around the city a breeze. All of the major Ontario roadways link to Hamilton and the surrounding area.
Hamilton has become a great place to find mouth-watering cuisines served at nearby restaurants, bakeshops, cafes and bistros. Dine in or take-out. Popular food delivery companies thrive in the greater Hamilton and surrounding area. The city of Hamilton ON allows people to walk about town and experience famous events like the Art Crawl. This venue is absolutely free. A large gathering of artists, musicians, and entertainers present themselves on the blocked-off street. People explore galleries, museums and boutiques on foot. Residents can enjoy live music and events year-round.
Aside from the adventures in town, Hamilton is a natural playground for cyclists, hikers, boaters, and other outdoor adventurers. Numerous trail systems exist in the local and surrounding area. Hamilton has truly become a more vibrant, youthful city.
SoBi Hamilton is an affordable bike-sharing program that you could use as part of your commute to work on those days you don’t feel like driving. Scooters sharing is also available throughout the city’s downtown core as well. There are plenty of public parks for taking your dog for a walk. There are also public beaches and hundreds of waterfalls that connect residents with nature.
Affordable housing solutions
One quarter of the rental housing in Hamilton is subsidized. The rent is geared to income. The rent can be below market price with subsidized housing. Both subsidized and non-subsidized apartments are listed. City-Housing Hamilton is the Housing Corporation owned and operated by the City of Hamilton. City Housing Hamilton consists of almost 7,000 units spread over 1,265 properties with over 13,000 residents, 45% of which are children, speaking more than 30 first languages making City-Housing Hamilton the 4th largest municipally controlled housing provider in Ontario. The housing help center is a good place to answer your questions about renting and living in the City of Hamilton, Ontario.
Urban change and city growth
Hamilton’s urban renaissance and renewal is exerting substantial pressure on its rental housing market. Over the recent 8 years, average rents have risen by more than 22%. Vacancy rates have similarly dropped from a “renter’s market” to a current housing climate showing rapid decline in vacancy rates. Above all, this low vacancy rate situation has created a looming housing crisis for Hamilton. Let the journey to a new living space start here.
Recent studies show that almost one-third of Hamilton households rent their dwellings (32%), compared to 22% of Ontarians on average. New construction in Hamilton Ontario In addition, 43% of renters in Hamilton are paying more than 30% of their income on rent, compared to an average of 42% across Ontario. The Hamilton Community Foundation presents excellent facts on there website pertaining to these interesting demographics for the rental housing market in the City of Hamilton, Ontario. Hamilton high-rise apartments for rent are in great demand today. Hamilton apartments enforce pest control measures for their residential tenants. Similarly, many buildings, but not all, enforce a smoke-free living policy.
Renter Affordability
In 2017, the average rent for a two-bedroom apartment was $1,029. Although still below provincial average, this rental price for the exact same unit was around $962 in 2016. Hamilton rents have risen faster than the rate of inflation. Supply has also tightened. Hamilton’s 2017 vacancy rate for all apartments dropped to 2.6% from 4.6% in 2016.
Assisted Living Rental apartments
Senior loved ones will have many questions when it comes time to decide what care is going to be best for them. Assisted living facilities operate on a non-medical model. Today assisted living is the fastest growing long-term care option for seniors. The prime candidate for this facility is a senior that is independent and able to function on their own but may require help from time to time. After that, one must access their life at this point to determine whether they have the ability to live on your own without immediate or consistent care.
The City of Hamilton housing
Hamilton housing provides an attractive environment for a seniors to feel safe and confident as well as receive the help that they need while maintaining a comfortable living. These facilities also include group and social programs so that seniors may continue to have social meetings and get to know other residents of the facility. Other services may be included like exercise and social activities, twenty four hour security, building maintenance and on site laundry facilities. Most buildings allow you to paint your apartment unit if you like, therefore you can make your space your own.
As an alternative. Hamilton high-rise apartments may be another living space to consider. Seniors may live comfortably and continue to enjoy the later part of their lives in comfortable Hamilton high-rise apartments for rent in the city of Hamilton, Ontario. A senior person can have a residence that will allow the family of the senior person to feel comfortable when they visit their loved one. In other words, Hamilton has a great number of Senior’s apartments in the city and surrounding area.
Can I apply for subsidized housing?
The following are conditions to qualify for subsidized housing:
All members of the household must be a Canadian citizen, permanent resident, applicant for permanent resident status, a refugee, or a refugee claimant. You must attach proof of status for each member of your household to your application for subsidized housing. At least one person in your household is 16 years of age or older, however, you must attach proof of age to your application. Currently, there is a large wait list for housing. There are priority services available to applicants.
Geared to income housing
Any member of your household who owes rent to any social housing provider within Ontario must have entered into an agreement with the housing provider for the repayment of the rent owing. The person must be able to live independently. No members of the household can be convicted of an offence related to rent-geared-to-housing under the Residential Tenancies Act, or a crime under the Criminal Code in the last two years. In any event, it is wise to obtain apartment insurance for the contents of your dwelling. There are many great places available when you shop apartments in Hamilton, ON.
Also, if anyone in your household has a financial interest in another home anywhere in the world, you must agree, in writing, to divest yourself of the property within one-year of getting housed. Settlement.org is a great website for more information about this topic. You may also consult Social housing for the City of Hamilton.
Waiting list for Hamilton housing
The number of households on the waitlist for rent-geared-to-income housing increased to 6,293 in 2017, up from 5,967 in 2016. This represents a 72% increase from 2007, when 3,663 households were waiting. For single-family homes and one-bedroom apartments, the wait can be over eight years. For bachelor units and units for seniors, the wait can be much shorter.
Housing for Seniors
When it comes to retirement living, every person’s lifestyle and needs are different. This free PDF download of 200 Hamilton high-rise rental apartment buildings in the city includes many independent senior living apartments. Apartment buildings for people 55 and older are included on this list. A senior apartment building is the perfect solution to the many problems older people face. No more snow shoveling. No more exterior building maintenance. As an alternative, create new friendships and possibly improve the overall quality of your life.
City of Hamilton Student Housing
Moving out of residence? Not sure how to find suitable housing? If you are studying in Hamilton, you can use this list to help find a place before you arrive. Student housing can be found on campus as well as off campus. Student apartments are available at 191 Main Street West, Hamilton, Ontario. This location has unfurnished self-contained bachelor apartments for students that are quiet and ideal for study. This apartment building is located in Hess Village, just a short walk to downtown Hamilton. City buses and GO transit stop at the corner with easy access to McMaster University and Mohawk College. Flexible leases are available.
Are you new to the community?
Are you moving out of residence? There are many community resources that provide housing options in the Hamilton Area. Mohawk College off campus housing and The McMaster University off campus rental housing resource center are great places to find help finding an apartment to call home. Shop apartments in Hamilton.
Currently, there are a great number of buildings in the Hamilton area dedicated to student housing. There is a lot of new construction taking place in the city of Hamilton, Ontario. Luxury residences such as the William Thomas Student apartments are set in this new modern structure. Use the list to find an apartment, and before you know it, it will be apartment moving time. Rent one of these new apartments and make your space your own. Have a furniture assembly company help out.
Do I need this list?
This list provides you with the property management number for each building so you can call and ask about vacancy. Call the rental office for the apartment building and receive more accurate information. The rental office for each building on the list will answer any questions you have about their rental building. The list includes pet friendly apartments in the city of Hamilton, ON.
Secondly, renting is a good option to familiarize yourself with a new city and community before settling down. It is also cheaper to rent than a buy a house. You must take the necessary steps to make sure to find the right place to suit you and your family. Most landlords will let you paint your apartment in neutral color schemes. Perform a google search for a reputable furniture assembly company in your area. Save yourself some time and effort with the details of putting your place together. In conclusion, this list will help you determine which Hamilton high-rise apartments are for rent.
