Starting From: $300,000
Project Details
Introducing Corktown, Hamilton’s newest condominiums coming soon to the downtown core located at John St S & Charlton Ave E! Featuring two towers set to stand 27-storeys and 14-storeys tall, Corktown is a reflection of the exciting changes the city of Hamilton is witnessing where over $4.4 billion dollars is projected for city development including the new LRT, downtown entertainment hub, and the waterfront redevelopment – all of which Corktown residents will have quick and easy access to! Residents at Corktown will also find themselves steps from numerous shops, cafes and restaurants and minutes from Mohawk College, McMaster University, the Hamilton Centre GO Station, Highway 403, the QEW and so much more that this booming city has to offer!
Pricing Starting From The $300s!
INTERESTING FACTS
Developer: Slate Asset Management
Address: 221 John St S, Hamilton
Nearest Intersection: John St S & Charlton Ave E
Pricing: Starting From The $300s
Occupancy: Spring 2028
Storeys/Suites: Two Towers – 14 & 27 Storeys // 719 Suites
Suite Types: Studio – Two Bedroom Suites
Suite Size: 368 sq ft – 1,012 sq ft
Maintenance Fees: $0.69/sq.ft (excludes Hydro & Water)
Deposit Structure: $5,000 on Signing // 5% Minus $5,000 in 30 Days // 2.5% in 90 Days // 2.5% in 150 Days // 2.5% in 720 Days // 2.5% in 1,095 Days
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Reduced Parking for Suites 620 sq ft & Larger (Now $39,900, Previously $55,000), Reduced Locker for 2 Bed Suites & Larger (Now $6,000, Previously $8,000)
Suite Finishes: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: Residential Lobby with Lounge, Outdoor Terrace and Lounge Area, Gym and Yoga Studio, Multipurpose Room, Outdoor Pool, Indoor Wellness Area
WHY TO BUY?
POPULATION INCREASE & ECONOMICAL OUTLOOK
The City of Hamilton has a bright future! The city’s current population of 569,000 people is set to increase by 236,000 over the next 30 years, along with approximately 122,000 new jobs. As a result, housing demand will significantly increase in the area which should lead to very healthy returns for those who are getting into the market now. Hamilton is also a thriving tech city that is already home to the bulk of Canada’s tech and finance businesses and was also ranked in the Top 5 for Tech Labour in the country by CBRE.
CONNECTIVITY
Hamilton offers excellent transportation options that provide seamless connection to all major areas in southern Ontario and beyond including: Highway 403, QEW, HSR Bus Transit, GO Transit, and the John C. Munro Hamilton International Airport. In the future, Hamilton’s connectivity is set to expand even further thanks to the upcoming $3.4 billion Hamilton Light Rail Transit (LRT) and expanded GO Transit service.
EDUCATION & STUDENT POPULATION
Home to over 60,000 students, Hamilton is a prime location for higher education anchored by prestigious institutions including McMaster University and Mohawk College. In the 2021/2022 academic year, McMaster University had 17.20% international students, while Mohawk College has more than 3,000 international students enrolling each year. Due to limited on-campus housing at these establishments and a continuous influx of new students each year, there is a high demand for off-campus housing, resulting in a large student rental pool in the city.
REVITALIZATION & REJUVENTATION
Hamilton, once known as the steel city, is now poised for significant growth due to a rapidly growing population and its close proximity to Toronto. The city is investing heavily in its future with major initiatives including the upcoming $3.4 billion Light Rail Transit Line (LRT) which will span 14 km connecting Eastgate Square to McMaster University, a $500 million redevelopment of Downtown Hamilton’s entertainment hub, and $140 million waterfront redevelopment which will transform the West Harbour into a vibrant, mixed-use, pedestrian-friendly community.
REPUTABLE DEVELOPER
With over $6 Billion assets under management, Slate is a global investment and asset manager, with a bold vision to reimagine the potential of properties, markets, or opportunities that other overlook.
