Luma Urban Towns | Hamilton | Cityview Realty

Location & Neighbourhood:

The lovely Waterdown Village is the perfect location for Luma Urban Towns at Kaleidoscope, which provides residents with easy access to urban conveniences and a tranquil haven. Accessible from several main routes, such as the 403, QEW, and 407, the Greater Toronto Area is easily commutable. Schools and parks abound in the neighborhood, while Burlington and Hamilton, two thriving cities noted for their waterfront eating, shopping, and cultural activities, are only a short drive away. Waterdown preserves its charming village feel, which is highlighted by its historic buildings and neighborhood activities that foster a strong feeling of community among its citizens.

REASONS TO BUY

POPULATION INCREASE & ECONOMICAL OUTLOOK
The future is bright for the City of Hamilton! Over the next 30 years, the city's 569,000 residents are expected to grow by 236,000, adding about 122,000 additional employment. As a result, the area's housing demand will rise dramatically, which should provide investors with very substantial returns for those entering the market now. The majority of Canada's tech and finance companies are already based in Hamilton, another booming tech hub that was named in the Top 5 for Tech Labour in the nation by CBRE.

TRANSIT EXPANSION
Hamilton has first-rate transit options, including as the John C. Munro Hamilton International Airport, Highway 403, the QEW, HSR Bus Transit, and GO Transit, which offer seamless connections to all major areas in southern Ontario and beyond. The $3.4 billion Hamilton Light Rail Transit (LRT) project and increased GO Transit service are expected to enhance Hamilton's connectivity in the future.

EDUCATION & STUDENT POPULATION
With more than 60,000 students, Hamilton is a top university destination, centered by esteemed establishments such as Mohawk College and McMaster University. In the 2021/2022 academic year, McMaster University has 17.20% international students, whereas Mohawk College has more than 3,000 international students enrolling each year. There is a significant demand for off-campus accommodation because there is limited on-campus housing at these establishments and a constant influx of new students each year, which leads to a big student rental pool in the city.

REVITALIZATION & REJUVENATION
Once known as the steel city, Hamilton is currently expected to experience tremendous growth because of its near proximity to Toronto and fast increasing population. With significant projects like the upcoming $3.4 billion Light Rail Transit Line (LRT), which will run 14 km and connect Eastgate Square to McMaster University, the $500 million revitalization of Downtown Hamilton's entertainment district, and the $140 million waterfront redevelopment that will turn the West Harbour into a thriving, mixed-use, pedestrian-friendly community, the city is heavily investing in its future.

About The Developers:

Over the course of four decades, Burlington, Ontario-based LIV Communities, a family-run enterprise, has established a stellar reputation for creating luxurious bespoke homes in sought-after areas where quality of life is paramount.