Mary Deros Re-Elected Fumagalli Final Results Came out After Midnight Elected VSP’S New Borough Mayor 47-Year-Old Canada Post Employee Defeated Anie Samson

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Mary Deros Re-Elected Fumagalli Final Results Came out After Midnight Elected VSP’S New Borough Mayor 47-Year-Old Canada Post Employee Defeated Anie Samson FREE TUITION Comptabilité et Gestion d’Affaires Inc. Accounting & Business Management Inc. Mustaque A. 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The former labour union activist, Canada Post worker and Wiseman Ave. resident was still blown over with joy earlier this week when she was contacted by journalists. She said she had always been involved in work that made her aware of ordinary people and that she had never previously had the job of an elected official. The 47-year-old co-founder of a Park Extension citizens’ group said she was grate- ful for all the support she received from local voters. OPEN EVERYDAY 7 AM TO 5 AM • FRIDAY AND SATURDAY 24 HOURS SENIORS SPECIAL SUPER SPECIALS SUNDAY IS FAMILY DAY Buy 2 Large Pizzas Buy 2 X-Large Pizzas and receive or 2 Jumbos Pizza 1 Medium and receive Pizza FREE! 1 Family Fries FREE! EVERY 1ST MONDAY OF THE MONTH 15% OFF ONE FREE KIDS MENU MEAL *DINER ROOM ONLY PER PURCHASE OF ADULT MEAL FREE DELIVERY (minimum 12$ before tx.) 901 rue Jean Talon O. Montréal • 514 274-4147 • 514 274-8510 • missjeantalon.com Housing affordability study: Montreal area is 31st in North America Say you could put your entire income into paying off your house. That would make things Vancouver, BC quicker, right? To find out exactly how fast that might be, our researchers brought together Toronto, ON 7.5 data on home prices and annual incomes to determine housing affordability in the 50 most 7.4 populous cities in Canada, the U.S. and Mexico. Mississauga, ON To measure affordability, they calculated the Montreal, QC 4.2 affordability ratio, also known as the median multiple, which is the median home sale price 4.1 divided by the median annual family income Calgary, AB (all amounts are expressed in U.S. dollars). Edmonton, AB 3.5 In fact, luxury has become the norm in this Essentially, the higher this ratio is, the more Canadian city, where 76% of homes fall in time it takes to pay off your house, and the wider Ottawa, ON 3.5 the $1-million-plus category. By comparison, the affordability gap in the housing market. Toronto is the second most unaffordable market The Housing affordability study found that Winnipeg, MB 3.4 in Canada with a median home sale price of Vancouver is North America’s most unafford- $471,600 and a median income of $62,624. able real estate market. With its insane afford- This means Toronto’s affordability ratio is 7.5, ability gap, Vancouver exceeds even notoriously 0246810121416considerably less than Vancouver’s 17.3. To inaccessible Manhattan, and all other North put it simply, it would take you 10 years longer leads the way as the most unaffordable hous- American markets. In fact, 32 out of the 50 Breakdown by Country: Canada is to pay off a house in Vancouver than it would ing market in North America. And while the locations analyzed are considered seriously and North America’s Most Expensive in Toronto. median multiple in the United States is 4.6, severely unaffordable. Market considerably lower than that in Canada, accord- Calgary, Ottawa & Edmonton Are ing to The International Housing Affordability According to The International Canada’s More Affordable Options Housing Affordability Survey, here’s Survey, the U.S. market still qualifies as seriously unaffordable. With salaries way above the Vancouver and how housing affordability is rated: the Toronto benchmarks and enviable home A Mexican home might only cost $41,748, sale prices, Calgary, Ottawa and Edmonton but at the same time the average income of are the most balanced Canadian housing $12,806 is 4.4 times less than that in the U.S. markets. The median income is $81,496 in and 5 times less than that in Canada. This makes Edmonton and $83,256 in Ottawa. With equally the median multiple in Mexico 3.3, which is The annual median family income in Canada advantageous home sale prices, $287,960 and considered moderately unaffordable. is $64,752, slightly above the American bench- $291,120, respectively, these two cities have the mark of $56,516. However, a Canadian home Affordability in Canada second lowest affordability index in Canada, 3.5. sells for the median price of $485,680 – almost Calgary comes close to Ottawa and Edmonton twice as much as the median sale price in the Vancouver Is in a League of Its Own in terms of median income. But with a slightly United States, currently standing at $258,300. In terms of home values, Vancouver boasts higher median home sale price, $340,000 USD, With a median multiple of 7.5, Canada the highest median selling price in Canada. the median multiple rises to 4.1. 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Great revenues. oula MLS: 24176191 MLS: 26967358 V Real Estate Broker SUNDAY, NOV. 12 • 2 TO 4 PM • 10 novembre / November 10, 2017 514.993.5010 450.902.8378 [email protected] OPEN HOUSE 778 Devonshire, (Cross street Sablon) &ZĞǀĂůƵĂƟŽŶŽĨLJŽƵƌ Nouvelles Parc-Extension News CHOMEDEY: Bungalow with many updates.. Living rm, dining rm, kitchen, *CHOMEDEY* Duplex centrally situated. ŚŽŵĞǁŝƚŚŶŽŽďůŝŐĂƟŽŶ͊ • 3 bedrooms, 2 full bathrooms.. Must See!! Modified Price.. Close to highways, schools, shopping. Easy to show. 2 After historic win, Valérie Plante says she’s ready to work Newly elected mayor says it’s clear that Montrealers wanted a change in tone and leadership Change of tone were elected, compared to 25 for Équipe Denis Plante said it’s clear that Montrealers wanted Coderre. Coalition Montréal holds one seat, and a change in tone and leadership style, and she two borough-level teams have the other five. knows people are expecting a lot from her. Plante said the energy and encouragement “I’m ready. That’s why I got into politics in from people around her for the last two weeks 2013, that’s why I ran for Projet Montréal leader, led her to believe change was afoot, but her and it’s why I threw myself into this mayoral team couldn’t predict the extent. race,” she said. “It’s a wave. We can call it a wave, and we felt Her first order of business will be tied to it, honestly,” she said. She said her party has getting Montrealers moving, she said — she proven itself in other boroughs, and that she wants to sit down with provincial partners and believes it can bring a lot to Montreal. the STM, Montreal’s transit authority, to solve problems related to transit, such as getting more buses on the road. Charmante maison She also wants to focus on the economy, unifamiliale and “give oxygen” to business owners. • Isolée (CBC) On Sunday night, Plante beat incum- Monday, will be to sit down with provincial A new look for city council • 3 chambres bent Denis Coderre to become the 45th mayor partners and the STM — Montreal’s transit Plante wasn’t the only member of her party to of the city. She garnered about 51 per cent of authority — to tackle transit problems. score a big win — in 2013, the party elected • entièrement the vote. She said her 14-year-old son pointed out to borough mayors in the Plateau–Mont Royal and rénovée The 43-year-old appears to have won over her last night that one day her name will appear Rosemont–La Petite-Patrie neighbourhoods. voters with her promise to improve public tran- in a history book. She replied that she had made Projet Montréal borough mayors were Prix: 440 000 $ sit, alleviate traffic woes and make the city more that realization. elected in 11 places: family friendly, but also with her charm and “I was like, that’s impressive and it will set Ahuntsic-Cartierville.
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