Affordable Housing Solutions: The Rise of Mobile Homes for Young Couples in Greater Montreal

2023-06-18 23:41:54

Faced with the meteoric rise in the median price of single-family homes in Greater Montreal, a young couple from the North Shore of Montreal finally opted to buy a mobile home.

• Read also: Illegal eviction: a family proves the “bad faith” of its landlord thanks to a private investigator

• Read also: Cost of living: young people in a precarious situation

• Read also: Broker denounced and overbidding: tenants confide in the approach of July 1

At 23, Mélodie and Samuel became owners of a mobile home in Laval for the modest sum of $230,000.

Accumulating failures on the rental market, the young couple leafed through the offers of houses for sale, for the most part, well beyond their budget.

“We set ourselves the goal of finding a house. Regular houses were not buyable,” confides Mélodie Boivin in an interview with TVA Nouvelles.





VAT NEWS

At the end of their research, the couple unearthed a golden opportunity, which allowed them to access the property.

“Me and Samuel, we decided to buy a mobile home temporarily for the moment, to tell ourselves that we will resell it. In a few years, that will give us a good fund for a regular house,” she says with an optimistic tone.

Located in a peaceful neighborhood, the turnkey mobile home even has an outdoor courtyard.




VAT NEWS

According to a real estate broker met by our journalist, owning a property was much more advantageous than renting an apartment in Laval.

“If people have the option of going for a mobile home instead of housing [faites-le]. A 4 1⁄2 right now in Laval can retail for around 1400, 1500. A mobile home, when you’ve reached 1450, all inclusive, and you’ll have land,” says Céline Guy of Proprio Direct.




VAT NEWS

Once inhabited mostly by retired couples, the mobile home neighborhood is attracting more and more young families.

A trend that the couple has noticed since settling in the Saint-François district, in the east of Laval.

“Before, there was absolutely nothing, it was really like old people, and then we see the basketball hoops arriving more and more,” underlines Mélodie Boivin.




VAT NEWS

While on the airwaves of LCN, the President and Chief Executive Officer of Desjardins Group is delighted to see these two Laval residents opting to purchase a property of this type.

“He is a perfect example of young people, who are currently doing everything right. […] one of the keys we teach people is time […] if rather than starting your wealth at 26, 27, you start it at 36, 37, there are ten years of your life that you may not have accumulated as much as previous generations, “he said. -he notices.




VAT NEWS

Remember that Quebec is facing a major housing shortage, less than two weeks before the crucial date of July 1.

*See Marc-Antoine Le Moignan’s report in the video above*

1687137963
#23yearold #owner #mobile #home #Laval

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.