Property Address
Description
Condo Project Summary
An exciting new pre-construction condo development is coming to a changing residential area just outside Central Hamilton.
392 Main Street West Condos is a new mid-rise modern condominium development in Hamilton. This pre-construction project is located at 392 Main St W, in the Strathcona neighbourhood. McMaster University is a 35-minute walk away (a 5-minute drive or 10-minute bus ride), just west along Highway 8.
Located a short distance from all the city has to offer, these condos present promising investment opportunities in one of the Greater Toronto Area (GTA)’s historically most affordable regions.
Amenities
The indoor and outdoor amenities coming to 392 Main Street West Condos remain to-be-announced. This being said, glancing at other comparable condos shows residents and investors can expect the potential for many leading perks.
A rooftop terrace with room to host family, friends, and neighbours is likely to be present, including spacious outdoor dining, a fire pit, and comfortable lounge areas complete with outdoor couches and a shaded trellis.
A pet relief area is likely to be onsite, as is a pet wash station, making condo living easy for dog-owners.
Indoor amenities are likely to include a fitness centre, ideal for affordable exercise close to home, and a party room for celebrating life’s precious moments with those who matter most. Increasingly popular onsite work-from-home spaces provide residents with comprehensive office areas within the condo development, yet outside their unit. This space allows for focused productivity in an ultra-convenient environment free from the distractions of home.
Sure to bring stylish landscaping and much curbside appeal, these condos present an attractive address to place on your go-to list of prime real estate investment opportunities.
Location & Neighbourhood
Hamilton is home to a real estate environment with great potential to bring undeniable investment success. Historically, this city has been a stronghold of the iron and steel industry but has experienced pitfalls as production in the area has shrunk over the years. The scene is now changing dramatically as this golden city on Lake Ontario undergoes a significant transformation.
Downtown Hamilton was one of the few Southern Ontario areas during Q3-2022 with condo projects priced 30% below the GTA average. This resulted in almost a quarter of all GTA condo sales during that time occurring in this city. Hamilton’s Design District has numerous new condo towers, and other spots are seeing similar development. 392 Main Street West Condos marks the latest exciting addition.
The Strathcona neighbourhood is located in a mixed residential and commercial area. Main Street (also known as Highway 8) is an arterial road running east and west across the city. Strathcona is nestled between Highway 403 and Central Hamilton, with Dundurn Castle to its northwest and the Burlington Bay Waterfront to its north.
This address is ideal for student renters. McMaster is a world-renowned post-secondary institution with a continual housing shortage for its 37,000 students, most of whom live off-campus.
Other perks abound. The City of Hamilton and the Province of Ontario are investing in a Light Rail Transit (LRT) system that will run immediately in front of these condos. This is a fantastic opportunity. Residents can access 14 kilometres of transit along Main Street, connecting McMaster University with Eastgate Square Shopping Centre along tracks in their designated lanes. This $50 million project is projected to be completed by 2025 and will lead the city into the future.
Residents at these condos will find the convenience of diners, shops, and services immediately available along Highway 8. Highway 403 is attainable by car for travel across the GTA, just minutes to the west. Residents will also find Victoria Park just one block north with large green lawns, a baseball diamond, historic gates, walking paths, a children’s playground, a wide sports field, and towering trees. This is the perfect place for a morning jog or a Saturday afternoon picnic with family and friends.
Locals can also benefit from the Hamilton GO Centre, which is ten minutes away by transit, as well as the attractions of Downtown Hamilton. St. Joseph’s Healthcare Centre is just ten minutes down the road by car.
This address is well-connected and presents optimal real estate investment opportunities in Hamilton. With an excellent Transit Score and proximity to Central Hamilton and McMaster University, this location is ideal for students, first-time buyers and investors seeking an urban location with great investment potential outside of Downtown Toronto. Reach out and register today to own property in this impressive development.