The Pre-Construction Hamilton Grand Condo Hotel - Great Pre-Sale Hamilton Condominium Real Estate Investment - Unique Opportunity Offered!

CASE STUDY: The New Hamilton Grand Condo Hotel – Good Investment, but How Does It Compare?

Located in the very central nerve of the business district in the heart of the most valuable Hamilton real estate district, the Hamilton Grand condo hotel is a one hundred and seventy seven condominium suite hotel, due for completion in the early part of 2011. There are many things and features that are very unique about this pre-construction Hamilton real estate development. Firstly, the pre-sale Hamilton Grand condo hotel building will set itself from the crowd as it is the only legally structured hotel condominium, with every presale Hamilton condo suite having an individual owner, but operating as a full hotel. A property management company will run the new Hamilton Grand condominium hotel on behalf of all the property investors and owners, who will not be actively involved in renting the pre-construction Hamilton condos. Real estate investor returns are based on the income of the entire real estate property, not the rent per individual Hamilton Grand suite. Each of the 177 hotel rooms at this new Hamilton real estate development is a one bedroom condo priced at $199,900 with the exception being the one bedroom penthouse suites at $219,900 and includes furniture and a built in home theatre system, ideal for hotel suite guests. The projected rental rate at the new Hamilton Condos at the Hamilton Grand Hotel is set at about $150 per night and at full occupancy, this equals ot about $4,500 per month in gross revenue in rental returns. This does not include entertainment income that hotel guests at the pre-construction Hamilton Grand Hotel condos will spend during their stay. Even then, the analysts of the Hamilton real estate development expects that even with a conservative 35% vacancy, property investors can still expect about $2,000 per month net return after all expenses are paid. This does not, however, including mortgage costs for individual Hamilton condo grand suite, which are the responsibility of each individual investor. A lack of Hamilton hotel supply makes this a good choice for this real estate development because as the city continues to prosper, there will be growing demand. Also of note is the City of Hamilton real estate development initiative, which includes a property tax rebate of five years for your purchase of a new Hamilton Grand condominium. For more information, floor plans, pricing and availability of the suites here at the pre-sale Hamilton Grand condo hotel suites, please contact them at 289.389.1022 for additional details. A once in a lifetime opportunity only needs a few minutes of your time. Realize your dream of positive cash flow properties today at this new Hamilton condo development.

Why Invest in Hamilton Real Estate?

The Hamilton property market is resilient. With average vacancy rates at 3.2% and a low average price of Hamilton real estate around $264,549, Canadian real estate investors who want positively geared properties should consider this city. Already undergoing tremendous transformation and revitalization, Steeltown has become boom town. A sustainable population of $504,599 sure helps the stability of the Hamilton real estate market as does an increasing median income, job growth and the economy. The average rent for a one bedroom Hamilton condo suite is about $681/month while a two bedroom Hamilton condominium is $836/month. Single family homes in Hamilton property are hot buys as are student rentals in the area. Being just 65 kilometres from Toronto real estate, Canada’s largest city in addition to Burlington and other major cities in Ontario, Hamilton real estate is burgeoning in growth and development. Hamilton property was recently named one of the top 10 towns in Ontario to invest in by the Real Estate Investment Network (REIN). Having missed the boom of the early 2000’s, Hamilton is now undergoing major growth and people are starting to realize this.