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Virtus Diversified Real Estate Investment Trust.

Property Details

Abington Court Retirement Residence

Property Description

Abington Court is an established, 91-suite independent living retirement residence located in southeast Hamilton, Ontario, west of the Red Hill Valley Parkway. Originally opened in 2005, the property includes a 20-suite addition completed in 2018 and is situated within an established mixed commercial and residential neighbourhood.

The residence offers independent living accommodations with individually controlled heating, central air conditioning, kitchenettes, refrigerators and accessible bathrooms. Property amenities include multiple lounges, a library, games room, home theatre, bistro and landscaped courtyard featuring a gazebo, patio, barbecue area and resident gardens. Additional services and features include 24-hour on-site staff, emergency response systems, housekeeping, meal services and scheduled transportation.

 

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Property Overview

Market Analysis

Hamilton’s retirement housing market remains resilient, backed by strong demographic demand and limited new supply. According to Cushman & Wakefield, national seniors housing occupancy reached 94% in Q2 2026 and is projected to hit 95% by year-end, while CBRE Canada reports that seniors housing cap rates held steady in Q3 2026.

Neighbourhood/Location

Abington Court Retirement Residence is located at 1500 Main Street East in Hamilton’s residential Bartonville neighbourhood, near the intersection of Main Street East and Kenilworth Avenue South. Positioned along a major east-west arterial corridor in lower east Hamilton, the property provides convenient access to public transit, local retail shops, parks, places of worship, and nearby healthcare services. Its central location offers strong connectivity across the city while maintaining a quiet, community-oriented residential setting for seniors.

Property Management

Virtus Asset Management

Property Location

1500 Main Street East | Hamilton, ON

Virtus Diversified REIT offers a unique investment strategy focused on real estate diversification, cash flow, and high quality tenants.

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