What will $700,000 buy you in housing markets across Canada

ByDon M

Home prices in Calgary have been rising, making it harder and harder to obtain the dream of homeownership. The average sale price for a home in Calgary in April was $499,505, while the average price in Canada was much higher, at $703,446 according to the latest Canadian Housing Market report.

We took to Realtor.ca to see what Canada’s average housing price can get you in major cities across the country.

Which city would you like to buy a house in? Take a look and share your thoughts in the comments section below.

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Vancouver, B.C. – $699,900

 

For this price, you could get a two-bedroom, one-bathroom apartment in downtown Vancouver with 668-square feet of air-conditioned living space.

Realtor.ca lists this downtown Vancouver apartment, describing it as “steps away from shops, restaurants and public transportation!

This spacious 2 bedroom 1 bathroom offers 9´ ceilings, storage LOCKER and Central A/C for optimal comfort year-round.

This is an Airbnb friendly building with fantastic amenities including guest suites, fitness centre, entertainment lounge, steam/sauna and outdoor terrace with BBQs.” PHOTO BY REALTOR.CA

Edmonton, Alberta – $699,980

 

In Alberta’s capital city, you can get a four-bedroom, three-bathroom home with 2573 square feet of living space in a new development.

Realtor.ca lists this home in Edmonton, writing: “This brand new custom built 2 story home located in a upscale new area of the Kin at Schonsee located close to all amenities.

Fabulous floor plan loaded engineered hardwood, ceramic tile, quartz, and an abundance of windows.

This home has an open concept in the family room and 9 ft main floor ceilings.” PHOTO BY REALTOR.CA

Regina, Saskatchewan – $699,000

In this Saskatchewan city, the average Canadian housing price could get you a five-bedroom, three-bathroom home with 1681 square feet of living space.

Realtor.ca lists this Regina house, advertising: “This bilevel home has an impressive entrance that leads to a spacious open-concept living room, dining area, and kitchen with vaulted ceilings throughout the main level.

The custom kitchen features granite countertops, a large island, ample cabinets, under-counter lighting, glass backsplash, built-in microwave, and stainless steel appliances.” 

PHOTO BY REALTOR.CA