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New property listed in Hamilton (Strathcona)

I have listed a new property at 48 Locke Street South in Hamilton (Strathcona). See details here

48 Locke Street South, Hamilton (Kirkendall) Discover a rare semi-detached investment opportunity nestled in the heart of the highly sought-after Kirkendall neighborhood. This charming two-storey property features two fully self-contained units: a spacious 2-bedroom lower unit and a cozy 1-bedroom upper unit, ideal for generating rental income or accommodating extended family. Thoughtfully upgraded with new laminate flooring, renovated kitchens and bathrooms, professionally painted interiors, upgraded doors, windows, and a newer roof and furnacethis home blends comfort with convenient maintenance. Enjoy summer evenings on the shared wooden deck, with parking located through the rear alley, shared with the adjacent property. with 1,000 sq ft, makes for easy maintenance, the home makes the most of its footprint while being perfectly positioned in a vibrant, walkable area. Locke Street South is known for its boutique shops, local dining, and community feel, while its also close to parks like Chedoke and transit routes. (id:2493)

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New property listed in Hamilton (Grayside)

I have listed a new property at 814 2782 Barton Street East in Hamilton (Grayside). See details here

Welcome to your brand new 1-bedroom + den condo in Hamiltons sought-after Barton Street community, vibrant and growing neighborhood known for its energy, convenience, and connection to the citys waterfront. This thoughtfully designed suite combines a functional, open-concept layout with upscale finishes, creating the perfect balance of modern style and everyday comfort. Step inside to discover upgraded flooring throughout, sleek granite countertops, and a full suite of stainless steel appliances that make cooking a pleasure. Smart home features allow you to control lighting, temperature, and security at the touch of a button, while in-suite laundry offers unmatched convenience. The spacious den is perfect for a home office, study space, or creative studio, catering to the needs of today's busy professionals. From every room, enjoy breathtaking lake views and start each morning with the glow of a stunning sunrise. Step out onto your private 97 sq. ft. balcony, ideal for a morning coffee, evening glass of wine, or simply soaking in the scenery. An owned underground parking space is included, offering exceptional convenience and long-term value. Residents have access to a range of premium amenities, including a fully equipped fitness center, outdoor BBQ area, stylish party room with kitchen facilities, secure bike storage, EV charging stations, and ground-level commercial services for added everyday ease. Perfectly situated, you'll be just minutes from GO Transit, major highways, shopping, dining, and upcoming service stations, making it easy to get around whether commuting, exploring the city, or heading out for a weekend getaway. This is a rare opportunity to own a chic, modern home in a location that's both connected and full of characterat an accessible price. (id:2493)

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New property listed in Hamilton

I have listed a new property at 48 LOCKE Street South in Hamilton. See details here

48 Locke Street South, Hamilton (Kirkendall) Discover a rare semi-detached investment opportunity nestled in the heart of the highly sought-after Kirkendall neighborhood. This charming two-storey property features two fully self-contained units: a spacious 2-bedroom lower unit and a cozy 1-bedroom upper unit, ideal for generating rental income or accommodating extended family. Thoughtfully upgraded with new laminate flooring, renovated kitchens and bathrooms, professionally painted interiors, upgraded doors, windows, and a newer roof and furnace—this home blends comfort with convenient maintenance. Enjoy summer evenings on the shared wooden deck, with parking located through the rear alley, shared with the adjacent property. with 1,000 sq ft, makes for easy maintenance, the home makes the most of its footprint while being perfectly positioned in a vibrant, walkable area. Locke Street South is known for its boutique shops, local dining, and community feel, while it’s also close to parks like Chedoke and transit routes. (id:2493)

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New property listed in Hamilton

I have listed a new property at 814 2782 BARTON Street East in Hamilton. See details here

Welcome to your brand new 1-bedroom + den condo in Hamilton’s sought-after Barton Street community—a vibrant and growing neighborhood known for its energy, convenience, and connection to the city’s waterfront. This thoughtfully designed suite combines a functional, open-concept layout with upscale finishes, creating the perfect balance of modern style and everyday comfort. Step inside to discover upgraded flooring throughout, sleek granite countertops, and a full suite of stainless steel appliances that make cooking a pleasure. Smart home features allow you to control lighting, temperature, and security at the touch of a button, while in-suite laundry offers unmatched convenience. The spacious den is perfect for a home office, study space, or creative studio, catering to the needs of today’s busy professionals. From every room, enjoy breathtaking lake views and start each morning with the glow of a stunning sunrise. Step out onto your private 97 sq. ft. balcony—ideal for a morning coffee, evening glass of wine, or simply soaking in the scenery. An owned underground parking space is included, offering exceptional convenience and long-term value. Residents have access to a range of premium amenities, including a fully equipped fitness center, outdoor BBQ area, stylish party room with kitchen facilities, secure bike storage, EV charging stations, and ground-level commercial services for added everyday ease. Perfectly situated, you’ll be just minutes from GO Transit, major highways, shopping, dining, and upcoming service stations, making it easy to get around whether commuting, exploring the city, or heading out for a weekend getaway. This is a rare opportunity to own a chic, modern home in a location that’s both connected and full of character—at an accessible price. (id:2493)

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New property listed in Hamilton

I have listed a new property at 14 NORWAY Avenue in Hamilton. See details here

Investor’s Dream in Blakeley: Dual-Unit Duplex with Bonus Barn at 14 Norway Avenue. Discover this versatile and charming legal duplex nestled in Hamilton’s sought-after Blakeley neighborhood. With approximately 1,900 sq ft of well-designed living space, this property offers the perfect blend of comfort, storage, and income potential. Two well-appointed units — a spacious two-bedroom unit and a comfortable three-bedroom unit — ideal for owner-occupiers or income-generating tenants. Along with multiple storage units which are rented. Prime location — just steps away from the verdant beauty of Gage Park, the convenience of St. Peter’s Hospital, and the dynamic boutiques and cafés of Ottawa Street. Investor-friendly layout — live in one unit while renting the other, or maximize your rental portfolio with two income streams. Standout Feature — Huge Barns with Endless Possibilities. Currently rented as storage. At the rear of the property sits two large barns, offering abundant storage and exciting development potential. For savvy investors, it’s a prime opportunity to add an Additional Dwelling Unit (ADU) or create a unique workspace, studio, or workshop — all while maintaining rental income from the main house. Strong Current Income Unit 1: $1,850 + hydro Unit 2: $1,995 + hydro Unit 3/6: $650/month Unit 4: $250/month Unit 5A: $475/month Unit 5B: $500/month Cap Rate: 6.6% (id:2493)

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New property listed in Hamilton (Blakeley)

I have listed a new property at 14 Norway Avenue in Hamilton (Blakeley). See details here

Investors Dream in Blakeley: Dual-Unit Duplex with Bonus Barn at 14 Norway Avenue. Discover this versatile and charming legal duplex nestled in Hamiltons sought-after Blakeley neighborhood. With approximately 1,900 sq ft of well-designed living space, this property offers the perfect blend of comfort, storage, and income potential. Two well-appointed units a spacious two-bedroom unit and a comfortable three-bedroom unit ideal for owner-occupiers or income-generating tenants. Along with multiple storage units which are rented. Prime location just steps away from the verdant beauty of Gage Park, the convenience of St. Peters Hospital, and the dynamic boutiques and cafés of Ottawa Street. Investor-friendly layout live in one unit while renting the other, or maximize your rental portfolio with two income streams. Standout Feature Huge Barns with Endless Possibilities. Currently rented as storage. At the rear of the property sits two large barns, offering abundant storage and exciting development potential. For savvy investors, its a prime opportunity to add an Additional Dwelling Unit (ADU) or create a unique workspace, studio, or workshop all while maintaining rental income from the main house. Strong Current Income Unit 1: $1,850 + hydro Unit 2: $1,995 + hydro Unit 3/6: $650/month Unit 4: $250/month Unit 5A: $475/month Unit 5B: $500/month Cap Rate: 6.6% (id:2493)

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Open House. Open House on Sunday, August 10, 2025 2:00PM - 4:00PM

Please visit our Open House at 27 CARTIER Crescent in Hamilton. See details here

Open House on Sunday, August 10, 2025 2:00PM - 4:00PM

Welcome to 27 Cartier Crescent, a charming Hamilton Mountain residence nestled in the family-friendly Butler neighborhood. This spacious 4-level back-split home presents over 2100 of finished square feet, an excellent opportunity for those seeking comfort, versatility, and convenience.Highlights include: Freshly painted, sunny main floor featuring an inviting living room w/ hardwood, eat-in kitchen, and separate dining area—ideal for entertaining. Private lower level with large rec room, perfect for family movie nights. Upper level offers three spacious bedrooms and a full bathroom—an ideal layout for growing families. Finished lower level/den, offering flexible space for a home office, hobby room, or gym. attached garage and double-wide driveway, comfortably accommodating up to 4 vehicles.Well-maintained brick exterior and quiet cul-de-sac location, ensuring a safe, serene environment. Prime Hamilton Mountain location – walking distance to T.B, McQuesten Park, Terryberry Library, YMCA, schools, transit, and quick routes to Lime Ridge Mall and major highways . Close proximity to quality schools and peaceful green spaces adds family appeal, while everyday conveniences are just minutes away. (id:2493)

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Bank of Canada Keeps Rates Unchanged: Insight and Implications

1. The Big News

Governor Tiff Macklem has announced that the Bank of Canada (BoC) will hold its policy interest rate steady at its current level, signaling ongoing uncertainty about the trajectory of inflation and economic growth YouTube.


2. What Is the Current Policy Rate (and What Does “Hold” Mean?)

  • The BoC sets its policy interest rate, used by financial institutions as the starting point for lending rates.

  • A “hold” means no change—neither hike nor cut—indicating the Bank considers current levels still appropriate.

  • The decision reflects a careful balancing act: curbing stubborn inflation while supporting an economy that may be showing signs of slowing.


3. Why the Decision Matters

Inflation Outlook

  • Canada, like many nations, saw elevated inflation in 2022–2024 due to global pressures (energy, supply chains, wages).

  • The BoC’s rate increases over the past few years have played a key role in gradually bringing inflation back toward its 2% target.

  • However, inflation remains above target, and uncertainty lingers—prompting caution in altering current policy.

Economic Growth & Consumer Behavior

  • Early to mid-2025 data points to softening growth: consumers are spending less, borrowing costs remain high, and real incomes are squeezed.

  • A rate cut could further stimulate demand—but the risk: inflation might reignite.

  • By maintaining rates, the BoC pauses to assess how monetary policy is working without stoking overheating.

Labour Market & Wage Pressures

  • The labour market still shows tightness, with decent employment levels and wage growth.

  • But wage gains have moderated, easing some inflationary pressure while still supporting households coping with elevated costs.


4. How This Fits Into the Broader Strategy

The BoC appears to be in a steady-hold phase, opting to:

  1. Monitor inflation trends: watching whether prices continue to cool over the next few months.

  2. Observe economic activity: particularly consumer spending, housing, business investment.

  3. Wait on global developments: such as U.S. Federal Reserve moves, geopolitical instability, or commodity price shocks.

This “pause” approach allows flexibility: if inflation persists stubbornly high, the Bank can tighten; if growth weakens substantially, a cut may follow.


5. Impact on Canadians

Borrowers & Mortgage Holders

  • Variable-rate mortgage holders remain protected from immediate increases.

  • Those with upcoming renewals may still face higher rates than in pre-pandemic years—so stability is welcome, but affordability pressures persist.

Savers

  • Savings rates remain attractive compared to past low-rate periods, but any delay in cuts means continued solidity rather than further lift.

Businesses & Consumers

  • Borrowing costs for businesses, credit cards, and lines of credit remain high—discouraging discretionary spending and investment.

  • Consumers face a squeeze but know rates won’t rise further for now.

Markets & Forex

  • Financial markets interpreted the hold as a neutral to slightly dovish signal—booster for equities, modest downward pressure on the Canadian dollar.


6. What Comes Next?

In its accompanying statement, the BoC emphasized vigilance on inflation and readiness to act as warranted. Key indicators to watch in coming months:

  • Inflation data: CPI, core inflation measures, and wage growth reads.

  • Economic activity: retail sales, GDP growth, housing starts, business investment.

  • Labour market strength: unemployment rate, labour force participation, wage trends.

  • Global influences: commodity prices (especially oil), cross-border monetary shifts, geopolitical events.


7. Historical Context: How We Got Here

  • 2022–early 2024: The BoC delivered a number of rate hikes to tame runaway inflation.

  • Mid-2024: Signs of peaking inflation turned policy more cautious.

  • Late 2024–mid 2025: Inflation eased gradually, but remained above the 2% target.

  • The latest hold reflects a desire to avoid over-tightening and to see whether inflation continues downward naturally.


8. Bottom Line

  • The Bank of Canada has opted for policy stability by keeping interest rates unchanged.

  • The move reflects a desire to let prior rate decisions work through the economy while maintaining flexibility.

  • For Canadians: expect rate stability in the near term, though underlying pressures—like affordability and wage strength—continue to shape financial decisions.


Final Thought

Governor Macklem’s decision underscores the delicate balancing act the BoC is performing: suppress inflation without derailing the economy. In uncertain global conditions, patience—and close monitoring—takes precedence. Consumers and businesses alike should stay alert to incoming data over the coming months. If inflation holds or economic weakness deepens, the Bank remains poised to respond.


Suggested Next Steps for Readers

  • Keep an eye on upcoming CPI and jobs data over the next quarter.

  • Evaluate your interest-rate exposure—especially if you have variable-rate debt.

  • For investors: consider how rate expectations shape fixed income, equities, and currency positioning.

  • If you're a business, monitor how borrowing costs and consumer demand may evolve.

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New property listed in Hamilton (Beasley)

I have listed a new property at 214 Mary Street in Hamilton (Beasley). See details here

Prime Hamilton Centre Freehold Investment Opportunity is knocking with this fantastic 3-unit freehold investment property in the heart of Hamilton Centre on Mary Street! This turn-key property has been well-maintained with all major items completed. It features two occupied units and one vacant, rare 3-bedroom, 2-level unit, perfect for owner-occupancy or an additional rental opportunity. All units are to be vacant in the next few months. Property Highlights: low-maintenance property, easy for landlords to manage. Gross income of over $71,000. Unfinished basement with a separate entrance, potential to finish or add extra storage for units. New boiler (2019) Back roof replace (2021) New floors/paint unit 2- (2022) Front roof replaced (2023) New paint throughout unit 1/3 (2024) Fire order completed (2021 unit 2)Plumbing stack replace (2021) Cement work back/side of property (2023) Tuckpointing Bricks (2023) New fridge unit 2(2024) Plumbing fixtures replaced unit 2 (2024)Prime location walking distance to Hamilton General Hospital. Rental Income: Unit 1 $1,947/month, Unit 2 $1,550/month, Unit 3 Vacant was rented for $2500/month, (Move in or set your own rent!) A rare high-income property in a sought-after location, perfect for investors or those looking to live in one unit while generating rental income. **Dont miss out! Book your private viewing! *note: unit 3 is vacant and has been virtually staged (id:2493)

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New property listed in Hamilton

I have listed a new property at 20 DODSON Street in Hamilton. See details here

Welcome to 20 Dodson Street, a charming and well-maintained home located in the heart of Hamilton’s highly sought-after Balfour neighborhood. Known for its strong sense of community, scenic views of the Niagara Escarpment, and excellent proximity to schools, parks, and trails, this family-friendly area offers a perfect blend of urban convenience and natural beauty. Sitting on a generous 40' x 128' lot, this delightful 2-bedroom, 1-bathroom home features over 1,000 square feet of living space, ideal for first-time buyers, downsizers, or investors alike. Inside, you’ll find hardwood floors, pot lights throughout, a large family rec room, brand new appliances, and fresh paint throughout, adding a bright, updated feel to every room. Step outside and enjoy the beautifully landscaped yard, perfect for relaxing, entertaining, or gardening. The home also includes a detached 1-car garage and a long private driveway. Don’t miss your opportunity to own a freshly updated and lovingly cared-for home in one of Hamilton Mountain’s most desirable neighborhoods. (id:2493)

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Open House. Open House on Saturday, July 26, 2025 2:00PM - 4:00PM

Please visit our Open House at 20 DODSON Street in Hamilton. See details here

Open House on Saturday, July 26, 2025 2:00PM - 4:00PM

Welcome to 20 Dodson Street, a charming and well-maintained home located in the heart of Hamilton’s highly sought-after Balfour neighborhood. Known for its strong sense of community, scenic views of the Niagara Escarpment, and excellent proximity to schools, parks, and trails, this family-friendly area offers a perfect blend of urban convenience and natural beauty. Sitting on a generous 40' x 128' lot, this delightful 2-bedroom, 1-bathroom home features over 1,000 square feet of living space, ideal for first-time buyers, downsizers, or investors alike. Inside, you’ll find hardwood floors, pot lights throughout, a large family rec room, brand new appliances, and fresh paint throughout, adding a bright, updated feel to every room. Step outside and enjoy the beautifully landscaped yard, perfect for relaxing, entertaining, or gardening. The home also includes a detached 1-car garage and a long private driveway. Don’t miss your opportunity to own a freshly updated and lovingly cared-for home in one of Hamilton Mountain’s most desirable neighborhoods. (id:2493)

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New property listed in Hamilton

I have listed a new property at 1 1 GROSVENOR Avenue South in Hamilton. See details here

Spacious renovated 1 bedroom in Dekta, Hamilton- available August 1/25. Don’t miss this bright and generously sized 1 bedroom apartment located in sought after Dekta neighborhood of Hamilton. Recently renovated, this unit features a full 4-piece bathroom, a large and inviting living space, and great natural light. Enjoy the convenience of one included parking space, on-site laundry, and only hydro to pay. Situated just steps from the vibrant shops abd restaurants on Ottawa street, this location offers both charm and walk ability. Please submit rental application, proof of income and full credit report. (id:2493)

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