Cost of housing in Canada
- Thread starter mariomike
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Will no one protect these heritage (checks notes) parking spaces owned by the city and already declared surplus?
Colin Parkinson
Army.ca Myth
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Looking at the map I see several very large empty lots in the city limits. I suspect residents see a significant local effect that the city does not give a squat about.
There are very few places for parking in downtown Stoney Creek. Closing even a few of them off could spell the death for any number of businesses there. There is lots of land available out old highway 8 way that could easily accommodate the proposed development. Giving up a parking lot is an easy sell for people who don't go there
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World's Best Hospitals 2024
Newsweek has partnered with Statista for its annual ranking of the world's best hospitals, a series that began in March 2019. This year, the list includes data on 2,400 hospitals across 30 countries.
www.newsweek.com
Ten from Canada made the list of the top 250 hospitals worldwide, in the following order.
That may, or may not, be important to Canadian home buyers. That is for them to decide.
1. Toronto General Hospital
2. Sunnybrook - Toronto
3. Mount Sinai - Toronto
4. North York General - Toronto
5. Centre hospitalier de l'Universite - Montreal
6. Montreal General Hospital
7. Jewish General Hospital - Montreal
8. St. Michael's Hospital - Toronto
9. Vancouver General Hospital
10. Toronto Western Hospital
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Totally good decision.....no parking, no business.
The parking spots available is always a red herring the devopers use, unless you know a whole mess of families these days with only one vehicle.
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March 8, 2024
Saw this in today's news regarding home invasions in Canada.
Rate per 100K people.
https://www.insauga.com/most-dangerous-cities-ranked-in-canada-2-ontario-communities-in-top-10/
Saw this in today's news regarding home invasions in Canada.
Rate per 100K people.
https://www.insauga.com/most-dangerous-cities-ranked-in-canada-2-ontario-communities-in-top-10/
| Rank | Cities | Rate per 100K people |
| 1 | Winnipeg, Manitoba | 811.33 |
| 2 | Lethbridge, Alberta | 763.96 |
| 3 | Saskatoon, Saskatchewan | 761.1 |
| 4 | Regina, Saskatchewan | 733.23 |
| 5 | Kelowna, British Columbia | 708.74 |
| 6 | Moncton, New Brunswick | 607.51 |
| 7 | Edmonton, Alberta | 547.48 |
| 8 | Calgary, Alberta | 518.61 |
| 9 | Windsor, Ontario | 455.84 |
| 10 | Kitchener-Cambridge-Waterloo, Ontario | 438.29 |
| 11 | London, Ontario | 427.42 |
| 12 | Kingston, Ontario | 422.54 |
| 13 | St. John’s, Newfoundland and Labrador | 421.27 |
| 14 | Greater Sudbury, Ontario | 390.21 |
| 15 | Brantford, Ontario | 340.97 |
| 16 | Vancouver, British Columbia | 336.18 |
| 17 | Guelph, Ontario | 334.8 |
| 18 | Thunder Bay, Ontario | 322.86 |
| 19 | Abbotsford-Mission, British Columbia | 298.14 |
| 20 | Peterborough, Ontario | 289.82 |
| 21 | Belleville, Ontario | 287.93 |
| 22 | Halifax, Nova Scotia | 282.61 |
| 23 | St. Catharines-Niagara, Ontario | 279.6 |
| 24 | Victoria, British Columbia | 279.55 |
| 25 | Ottawa-Gatineau, Quebec part | 272.72 |
| 26 | Ottawa-Gatineau, Ontario/Quebec | 258.56 |
| 27 | Ottawa-Gatineau, Ontario part | 254.25 |
| 28 | Hamilton, Ontario | 253.97 |
| 29 | Trois-Rivières, Quebec | 231.76 |
| 30 | Montréal, Quebec | 221.03 |
| 31 | Prince Edward Island | 210.91 |
| 32 | Saguenay, Quebec | 198.44 |
| 33 | Sherbrooke, Quebec | 191.04 |
| 34 | Saint John, New Brunswick | 187.89 |
| 35 | Québec, Quebec | 180.21 |
| 36 | Toronto, Ontario | 162.19 |
| 37 | Barrie, Ontario | 143.16 |
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NIMBYs win again...
For all the complaints about "strong mayor" powers, they may be the only way to actually push through changes that improve the availability and affordability of housing.
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A female could share a room in Etobicoke with three others for $475 ( plus $50.00 for hydro, heating, water and internet ).
Or, have the bedroom to herself for $2,100 per month.
Or, enjoy "prestigious accommodation" in North York with a few other "team players" ( male or female ) for $555. per month.
I know what you are talking about; here, a lot of international students do that. They sleep in bunk beds and share one room with many people so as to keep the rent lower. But the issue is lack of privacy. Also, they probably won't have the space to put desks for 4 people, which they need in order to study.
Jarnhamar
Army.ca Myth
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Quirky
Army.ca Veteran
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lol @ comments. Not wrong.
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That's pretty reasonable, ( comparatively speaking, of course ).
Toronto Housing Market Report
Market Report Summary for February 2024
Updated March 5th, 2024
Toronto Housing Market: Oct. 3rd, 2024 Update | Interactive Map - WOWA.ca
September 2024 saw a surge of new home listings in the Greater Toronto Area (GTA) housing market, pushing inventory levels to the highest they've been since November 2008.
wowa.ca
Pretty busy NYE at Union Station.
Gardiner was heavy too. Good luck finding parking.
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I decided in 13 not to go into retirement owing anything outside typical bills like taxes, utilities etc. I paid off my mortgage and was free and clear of any other debt. Best move I ever made. Now I pay cash for almost everything.
Quirky
Army.ca Veteran
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Ok boomer.
This is the ideal scenario when approaching retirement, however with the cost of living, most Canadians will work forever. At least in the CAF, you can set yourself up (every situation is different) with a pension and equally or more salaried position in the private/public sector without all the shenanigans of being in the CAF.
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Similar situation in Toronto.Using parking lots for other things seems to be a global trend,
Turning Parking Lots into Paradise: How Cities Are Creating Spaces For Their People — Europe of Cities
How do the song lyrics by Joni Mitchell go? “They paved paradise and put up a parking lot.” Well, quite the opposite is true in many parts of the world, where cities are dedicating themselves to turning once unused or dilapidated parking lots into paradises of recreation for their people.
www.europeofcities.com
Saw something similar at a local park. They permanently closed the main vehicle entrance.
Made parts of the park "car-free" at all times, and reduced it's parking spaces by 60 per cent.
Aper
Member
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This luck or opportunity will never come back for the next generations to come.
A typical 3-rooms bedroom home here in Quebec is roughly 550 000$. Add to that a 6% interest rate and a cash-down of 50 000$ for a 30 year period. Monthly costs of your mortgage will be roughy 3 000$, and i'm not even adding all the related costs to this; taxes, utilities, food, gas, and so on.
If housing costs should be around 30% of your monthly income, that means you need to do at least 9 000$ a month before income, or 150 000$ a year, which is not your average Canadian.
Here in Quebec, 60% of the population lives on an income of 50 000$ and less. Only 40% of us are making more than 50 000$/year. This is effing crazy.
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That is high.
Even higher in Ontario,
How downtown Toronto home prices changed by neighbourhood in February 2024
Compare house and condo sales in The Annex, Core East, Core West, Moore Park, Rosedale and Yonge-St. Clair
www.thestar.com
Even parking is expensive.
A parking spot for sale in Toronto is listed for almost $200K
What makes this parking spot cost more than some homes in Ontario?
nationalpost.com
If a member can tolerate "the shenanigans of being in the CAF" ( Regular Force ), and some muni employers, for 35 years, s/he can still retire on a 70% pension.
Still under the age of 55 and never having to work again.
An increase from a 2% accural rate to 2.33% would allow members with 30 years of service to GTFO, and still retire at 70%.
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