As the housing market kicks in, once the cauldron bubbles of hot, potential start to cool, housing prices are expected to fall even more.
But inflation has pushed interest rates higher and higher, making it difficult for Hamilton residents to qualify for mortgages.
The rental market is skyrocketing, with an average one-bedroom costing $1,696 per month, which puts any idea of affordability out of mind.
To make matters more serious, one economist is calling for a year-long recession.
With that, here are the most expensive and least expensive Hamilton homes listed on Zoocasa, as of September 18.
Five homes at the lowest prices
8-1085 Al-Imtiaz Street 10th. W.
This rustic bungalow is located in the Rocky Ridge Estates, a mobile home park in Freelton, which comes with additional monthly costs ($700 for land rental, $42.25 for water testing and lab work). This $329,900 listed one-bedroom home is close to nature and has plenty of land to build a garage. This property was previously listed in June for $349,500.
102 – 87 Duke Street
Enter the ground floor of the Durand Condominium Unit for $339,900. It is a one bedroom unit, one bathroom, and a newly renovated kitchen that maximizes the space. It comes with your own underground parking space as well as an in-suite sink and fireplace wall feature.
2807 – 150 Charlton Street E.
All about highland living for this Corktown condo, listed for $359,000. Enjoy the various amenities on the premises offered by this one-bedroom, one-bathroom home. There is even a private balcony.
602 – 222 Jackson W. Street.
If you like vintage rugs and finishes, this Durand apartment might be worth a visit. It’s listed for $364,900, and features treetop views toward the bay and a balcony. This one-bedroom unit has a parking space, storage room and laundry within the suite.
33 Shaw Street
This semi-detached home in the industrial sector, listed at $409,777, comes with a shed in the small backyard. It’s noticeable that there aren’t any pictures of the interior on the listing so expect major renovations to be required.
Five expensive homes
902 Shaving Road.
In rural Ancaster surrounded by tall trees, this private estate sits on 90 acres right on the urban border. The home, listed at $5,190,000, was built in 1987. There are winding streams and two ponds on the property, as well as a covered pool house, sauna, and separate cabin.
907 Montgomery d.
This appears to be a new custom built home in Ancaster overlooking Tiffany Falls. Listed at $4,699,999, it has 7,000 square feet of living space. Six bathrooms, four bedrooms, space for 11 cars and an empty backyard board are happily ready for your garden oasis.
1521 Milburough Town Line
This amazing $4,100,000 listed Carlisle Ranch estate has an abundance of bedrooms and a detached carriage house and sits on 10 acres. The huge wraparound balcony invites you to indulge in sweet tea while basking in the country sun.
796 Ridge Road.
In the heart of Stoney Creek is a custom-built bungalow listed at $3,900,000. It boasts 6,000 square feet of living space, along with 32 cliff-view acres and a freestanding heated barn.
333 Makrae Station Rd.
This list contains not just one house, but two houses. The main house has been completely upgraded with a few coveted features, including a personal bar and three floors of space. Two bedroom coach house set amidst immaculate landscape. Its price is $3,890,000.