
As housing prices continue to rise in Calgary, many Canadians are finding it increasingly difficult to achieve the dream of homeownership. In April, the average sale price for a home in Calgary reached $499,505, while the national average stood at $703,446. To understand what this average price can get you in various cities, we explored listings on Realtor.ca.
Vancouver, B.C. - $699,900
In Vancouver, $699,900 can buy a two-bedroom, one-bathroom apartment with 668 square feet of air-conditioned living space. Located in downtown, this apartment offers 9-foot ceilings, a storage locker, and central A/C. The building is Airbnb-friendly and boasts amenities like a fitness centre, entertainment lounge, and outdoor terrace with BBQs.
Edmonton, Alberta - $699,980
In Edmonton, this budget can secure a four-bedroom, three-bathroom home with 2,573 square feet in a new development. The home features an open-concept family room, engineered hardwood, ceramic tile, and an abundance of windows, making it a spacious and modern living space.
Calgary, Alberta - $699,900
Calgary offers a three-bedroom, three-bathroom home with 2,150 square feet in the southeast community of New Brighton. This home emphasizes modern family living with 9-foot ceilings on the main floor, creating a spacious and airy atmosphere.
Regina, Saskatchewan - $699,000
In Regina, $699,000 buys a five-bedroom, three-bathroom home with 1,681 square feet. This bilevel home features a custom kitchen with granite countertops, a large island, and vaulted ceilings, providing a luxurious living experience.
Winnipeg, Manitoba - $699,950
In Winnipeg, you can purchase a four-bedroom, three-bathroom home with 1,859 square feet and an oversized garage. This home includes a luxurious spice kitchen, laminate countertops, and an abundance of natural light.
Toronto, Ontario - $700,000
In Toronto, $700,000 will get you a one-bedroom, one-bathroom condo with city views and no parking spot. The condo offers amenities such as an indoor pool, fitness gym, and outdoor terrace.
Halifax, NS - $699,900
In Halifax, you can buy a four-bedroom, 2.5-bathroom home with 1,998 square feet. This home is located in a highly sought-after neighborhood and features elegant hardwood flooring and a heated foyer.
Saint John, New Brunswick - $699,900
In Saint John, your money stretches further, securing a four-bedroom, five-bathroom home with 3,550 square feet. This estate-like home boasts water views, a grand white pillar entry, and is situated in an exclusive cul-de-sac.
As prices rise, the dream of homeownership remains a challenge for many Canadians. Exploring options across different cities reveals the varied possibilities within the same budget, highlighting the diverse nature of Canada's housing market.
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