Luma Urban Towns

POPULATION INCREASE & ECONOMICAL OUTLOOK
The City of Hamilton has a bright future! The city’s current population of 569,000 people is set to increase by 236,000 over the next 30 years, along with approximately 122,000 new jobs. As a result, housing demand will significantly increase in the area which should lead to very healthy returns for those who are getting into the market now. Hamilton is also a thriving tech city that is already home to the bulk of Canada’s tech and finance businesses and was also ranked in the Top 5 for Tech Labour in the country by CBRE.

TRANSIT EXPANSION
Hamilton offers excellent transportation options that provide seamless connection to all major areas in southern Ontario and beyond including: Highway 403, QEW, HSR Bus Transit, GO Transit, and the John C. Munro Hamilton International Airport. In the future, Hamilton’s connectivity is set to expand even further thanks to the upcoming $3.4 billion Hamilton Light Rail Transit (LRT) and expanded GO Transit service.

EDUCATION & STUDENT POPULATION
Home to over 60,000 students, Hamilton is a prime location for higher education anchored by prestigious institutions including McMaster University and Mohawk College. In the 2021/2022 academic year, McMaster University had 17.20% international students, while Mohawk College has more than 3,000 international students enrolling each year. Due to limited on-campus housing at these establishments and a continuous influx of new students each year, there is a high demand for off-campus housing, resulting in a large student rental pool in the city.

REVITALIZATION & REJUVENATION 
Hamilton, once known as the steel city, is now poised for significant growth due to a rapidly growing population and its close proximity to Toronto. The city is investing heavily in its future with major initiatives including the upcoming $3.4 billion Light Rail Transit Line (LRT) which will span 14 km connecting Eastgate Square to McMaster University, a $500 million redevelopment of Downtown Hamilton’s entertainment hub, and $140 million waterfront redevelopment which will transform the West Harbour into a vibrant, mixed-use, pedestrian-friendly community.

REPUTABLE DEVELOPER
LIV Communities is a family-owned business based out of Burlington, Ontario. For more than forty years, L!V has developed a reputation for designing and building exclusive, high-quality custom homes in desirable locations where you can live where it matters most.