The Cheapest Houses in Canada to Buy in August 2023

According to the latest data from the Canadian Real Estate Association, the national average home price for July 2023 was $668,754. While down from last month’s average of $709,218, it’s up 6.3 per cent from July 2022.

While it may seem more impossible now than ever for some Canadians to even dream of owning a house, there are some affordable starter home options for sale in each province, and not all of them are in remote locations.

Here’s our roundup of the cheapest houses in Canada that are currently available, including older homes that require extensive renovations and a few move-in ready treasures.

A two-storey house with beige shingles, brown shutters and doors, a small rock garden and green lawn

Royal LePage Fort Nelson Realty

1 / 10

British Columbia: Four-Bedroom, Two-Bath House in Fort Nelson for $124,500

It might be hard to believe, but you can have a beautiful, move-in ready family home in northeast British Columbia for under $125K. With four bedrooms and two bathrooms, this 1,920-square-foot house features an updated kitchen with large cabinets and pantry space, an oversized rec room in the basement, a laundry room with ample storage, a two-level sundeck and a large yard. It also has freshly painted walls on the main floor and brand new shingles on the roof. Tour the home here.

A rancher-style bungalow with beige stucco, grey roof shingles, and a ramp to the front door

RE/MAX Baughan Realty

2 / 10

Alberta: Two-Bedroom, One-Bath Bungalow in Wainwright for $59,900

Built in 1952, this 840-square-foot, two bed one bath rancher-style bungalow in Wainright near the downtown area has a partially fenced backyard, a driveway with parking for two vehicles and a partially finished basement. It’s being sold “as is” and requires some TLC, but there is a lot of potential. It’s also located close to schools, daycares, a park with a playground and a golf course. See the home here.

A house with white siding, red shingles and a mudroom

Indian Head Realty Corp.

3 / 10

Saskatchewan: Two-Bedroom, Two-Bathroom House in Abernethy for $39,500

Built in 1907, this one-and-a-half story, 964-square-foot home in the village of Abernethy, Saskatchewan has so much character. With two bedrooms, two bathrooms and many of its original features still standing (like the built-in cabinets, bookshelves, staircase and large pantry) this home has lots of potential. Some more recent updates include vinyl siding and a new water heater. The property is also located about an hour from both Regina and Yorkton. Take a tour.

A small bunaglow with beige siding, four wide steps leading to the front entrance, and a country-style door

Action Realty Ltd.

4 / 10

Manitoba: One-Bed, One-Bath Bungalow in Sifton for $53,900

This absolutely charming 767-square-foot bungalow in Sifton, not far from Dauphin, is nestled among a quaint garden setting complete with a pond, pergola, fruit trees, vegetable garden and colourful perennials. The house itself has one bed and one bath, a spacious kitchen, dining and living room areas, a finished basement and sunroom. The den can be used as another bedroom, plus there’s a shed with a guest bunkhouse. An affordable option for a small family, the school bus stops right at the front door. Tour the home here.

A two-storey home with white and green siding, and a weathered wooden fence

Jump Realty Inc.

5 / 10

Ontario: Four-Bedroom, One-Bathroom Fixer Upper in Amherstburg for $99,000

It is possible to find a home in Ontario for under $100K if you’re willing to put in some work, like this starter home in Amherstburg, about halfway between Windsor and Leamington. With four bedrooms, one bathroom and a basement laundry room, it’s being sold in “as is” condition, but the air conditioner and furnace were replaced in 2016 and roof work was completed in 2009. It’s also conveniently located near grocery stores, schools, daycares and the Windsor/Detroit border crossing. See more of the home here.

A two-storey house with white siding on the lower level, brown siding on the upper level and a large front porch

RE/MAX Avantages

6 / 10

Quebec: Three-Bedroom, One-Bathroom Renovator’s Dream in Saint-Paul-de-Montminy for $58,000

Situated in the Notre Dame Mountains, about 90 minutes southeast of Quebec city, this two-storey fixer upper features an eat-in kitchen, a living room on the main floor and a family room on the second floor, three bedrooms and one bathroom. With schools nearby, it’s a solid option for families. Plus, it’s close to the Massif South Park for year-round outdoor fun like skiing, hiking and mountain biking.

A bungalow with white siding and an enclosed sunporch

Keller Williams Capital Realty

7 / 10

New Brunswick: Two-bedroom, One-Bathroom Bungalow in Belledune for $79,900

The cheapest province to buy a house in Canada at the moment is New Brunswick, including this bright two-bedroom starter home. Located in Belledune, about 30 minutes from Bathurst and near the beach at the Belledune Recreation Area, the 1962 bungalow has a country aesthetic throughout. Added features include the large sunporch and an unfinished basement for storage, plus a renovated bathroom and a brand new heat pump that was installed this year.

A semi-detached house with beige siding and green shingles

Keller Williams Select Realty

8 / 10

Nova Scotia: Three-Bedroom, One-Bathroom Semi-Detached Home in Glace Bay for $49,000

A 984-square-foot semi-detached home with three bedrooms and one bathroom, this Cape Breton gem is move-in ready. The main floor features a living room, large dining room, spacious kitchen and laundry. Recent updates include a shower installation, kitchen flooring and new appliances, and it’s close to Glace Bay schools, playgrounds, shopping and even a golf course.

A large white farmhouse with white siding, red door and dark grey shingles

Century 21 Northumberland Realty

9 / 10

Prince Edward Island: Four-Bedroom, Two-Bathroom Farmhouse in Howlan for $94,900

Located just outside of O’Leary, this farmhouse-style home sits on nearly 10 acres of land, which is worth the price alone. Built in 1923, the house itself is being sold “as is” and requires work, but it’s a spacious 1650 square feet with four bedrooms and two bathrooms. It’s a great location for families thanks to its access to schools, parks, playgrounds, rinks and the Confederation Trail.

A house with white siding, wrap-around porch, dark grey shingles and an ocean view

Outport Realty Inc.

10 / 10

Newfoundland and Labrador: Five-Bedroom, One-Bathroom Home with Ocean View in Twillingate for $64,000

For families looking to escape the city, this 1012-square-foot home on the Twillingate Islands in Notre Dame Bay is worth checking out. Built in 1950, it has an eat-in kitchen, dining room, living room, five bedrooms, one bathroom, a wrap-around porch and gorgeous ocean views. It’s being sold “as is” with much of the existing furniture, and is a great option if you’re looking for a reno project. Plus, it’s centrally located with schools, grocery stores and a hospital nearby.