According to WOWA.ca’s Canadian Housing Market Report, the average home in Canada cost $650,140 in September 2023. The MLS benchmark price was $750,100. But what if you want something above average? What if you have $1 million to put towards buying a home? To give you a better benchmark of what you could wish for, here’s what $1 million will buy you in major cities across Canada right now – from small, modern condos to spacious detached homes.
Halifax, Nova Scotia
This detached home comes with three acres of land and a $999,900 price tag. It’s close enough to the downtown core so you can access all the great amenities Halifax has to offer, but it’s far enough away that it feels private. It comes with three bedrooms, four bathrooms and new amenities like kitchen appliances and a washer and dryer. The lower level, meanwhile, boasts a gym/flex space, a fully equipped bar and a rec room.
St. John’s, Newfoundland and Labrador
Are you looking for modern loft living that’s close to the ocean? This open-concept home is listed for $999,999 and features an impressive great room with vaulted ceilings and plenty of gorgeous natural light. Everything has been updated with luxury in mind, from the heated ceramic tiles to the in-house speakers. This home also comes with a lower level that’s perfect for entertaining or setting up as a separate living space. Outside is just as stunning, with decks, a firepit and lots of extra space.
Québec City, Quebec
On the border of Québec City, in Lac-Beauport, sits this modern offering for a mere $950,000. The spacious home features four bedrooms and two bathrooms and has been renovated from top to bottom. The ceilings are more than 16 feet and the windows are generously sized, plus both bathrooms feature heated floors. This property also comes with a heated in-ground pool and lots of extra room for kids or pets.
Fredericton, New Brunswick
This West Hills neighbourhood home is listed at $969,900 and feels spacious inside and out — as it should, considering it backs onto a golf course. There are three bedrooms and three bathrooms, a primary suite with a stunning ensuite and maple hardwood throughout. The lower level is also an entertainer’s dream thanks to a large bar, a double-sided fireplace and a virtual golf setup.
Charlottetown, Prince Edward Island
A million dollars gets you a mansion if you head over to Charlottetown, where this $999,900 listing features more than seven bedrooms and six bathrooms. It’s a Brighton landmark on an oversized lot that makes it perfect for large or extended families, or those who are looking for extra rental opportunities. It’s a nice mix of updates and old school charm, plus it’s within walking distance to schools and key amenities.
If you’re looking to live that bustling city life, this one-bedroom, one-bathroom loft condo in the heart of Toronto is listed at $989,000. There are plenty of custom finishes and tons of natural light, and the building itself has more than 20,000 square feet of amenities including an indoor pool, a whirlpool, a fitness centre, a golf simulator, squash courts and an outdoor living area complete with fireplaces and barbecues.
Live in farmhouse retreat style with this $999,999 listing, which features four baths and four bedrooms. The rustic property has a spacious layout and an updated farmhouse kitchen that’s perfect for all things entertaining. Outdoors is where the real peace is though, thanks to the gardens, pool, abundance of trees and accompanying pond.
This custom build in the heart of Regina is listed at $989,900 and features three bedrooms and three baths. Inside there are vaulted ceilings and an open concept with custom design elements and floor-to-ceiling windows. The kitchen features a built-in fridge and freezer (with the option for a second unit), and a butler’s pantry. There’s also a bonus room and lots of built-in storage throughout.
This five-bedroom home features four baths for its listing price of $987,000 and comes with modern upgrades and an open feel. There’s a large kitchen with granite countertops, lots of storage and updated appliances, not to mention a second kitchen. Meanwhile, the laundry room is upstairs and the property itself is close to pretty much everything, including schools, shopping centres and transportation.
Victoria, British Columbia
This posh townhome on a quiet, tree-lined street is currently listed for $999,900 and is move-in ready. The corner unit is bright and spacious and features four bedrooms and three bathrooms. It’s also professionally designed and situated close to the Gorge Waterway.