According to WOWA.ca’s Canadian Housing Market Report, the average home in Canada cost $711,316 in May 2022. The MLS benchmark price was $839,100. But what if you want something above average? What if you have $1 million to put towards buying a home? You already know that in Vancouver that would get you a closet but what about elsewhere in the country? To give you an idea of what you could wish for, here’s what $1 million will buy you in major cities across Canada.
Halifax, Nova Scotia
This triplex, listed for $999,900, is located in exclusive South End and steps away from the Port of Halifax. The prime location means you’ll barely have to market the property to attract a dream tenant. Two of the units have three bedrooms and the third unit has two bedrooms. There’s parking for up to four cars behind the building, with access to a side street.
St. John’s, Newfoundland and Labrador
Have you always wanted to have your own private forest hideaway? This estate-style property on the western outskirts of St. John’s sits on a lot of about 4.3 acres, fully landscaped with bridges, a stone river, two gazebos, a pool and several outbuildings with lots of potential. You’ll have to ward off all the relatives wanting to use this as their wedding venue! The house itself features three bedrooms and 5.5 bathrooms: The master bedroom has two full en-suite bathrooms. There’s an office for work, a converted basement with custom wet bar for play, and a hot tub for soaking. And all of this can be yours for $999,900.
Québec City, Quebec
For $995,000, you can get this gorgeous two-bedroom, two-bathroom house in the heart of Old Québec. The two-storey attached house was built in 1850 but has been renovated to provide you with all the modern creature comforts, without compromising its historic character. The outdoor Jacuzzi will help you make the make the most of your backyard even in winter. There’s also plenty of clever storage spaces for all your stuff.
Fredericton, New Brunswick
For $975,000, you don’t get only a four-bedroom, three-bathroom Cape Cod-style house near the banks of the Saint John River in the quiet Barkers Point neighbourhood. You also get the 21-unit motel building next door. The house has an attached two-car garage with, above it, another self-contained unit you can rent out. If you were looking for an income property with a difference, this is it.
Charlottetown, Prince Edward Island
Located on sought-after Forest Drive, this five-bedroom, five-bathroom house is listed for $949,000. It has been built over three levels. The main level is an open-concept space with a kitchen and living area. The upper level has four bedrooms – including the main bedroom – as well as a full bathroom, while on the lower level you’ll find another full kitchen, family room, bedroom, laundry room, storage room and two bathrooms. Then there is the large, tree-filled backyard that you can turn into an outdoor oasis.
Yes, you can find cheaper condos in Toronto and for $1 million, you can also find a house, but can you find them in such a prime location? This two-bedroom, two-bathroom condo at Harbour Square is listed for $1 million and comes with city views of the Rogers Centre from its floor-to-ceiling windows. The building amenities include an indoor pool, exercise room, garden terrace with BBQ area and lake views. Would you rather entertain inside? Just check out that kitchen!
This large bungalow in Winnipeg’s Royalwood neighbourhood features five bedrooms and three bathrooms. One of the bathrooms is only partially complete, so you can incorporate the best bathroom renovation trends for 2022. Maple features strongly throughout and the countertops in the kitchen are granite. There’s a full walkout basement as well as a home office. The balcony, patio and huge yard have the potential to be the best features of this property, since they overlook a lake. Because the property needs a bit of work, it’s listed for $999,900.
This six-bedroom, four-bathroom home in Regina is listed for $985,000 and offers easy access to the trails, parks and playgrounds along Wascana Creek. There are five bedrooms on the main level and the sixth, which comes with its own bathroom, is located in the basement. The main level is where you’ll find everything you need for entertaining: the kitchen, pantry with direct access to the second-level deck, dining room, formal sitting room and porch. This level also features a home office.
This spacious, light-filled home is listed for $1 million. It has seven bedrooms and 3.5 bathrooms. It also features four fireplaces, a theatre room, a recreation room, a den, a full basement in case you need an extra room, and parking space for up to eight cars. The master bathroom has a Jacuzzi and steam shower. The balconies upstairs and deck downstairs just need an outdoor pizza oven so you can savour a slice while enjoying the views of Bearspaw Lake.
Victoria, British Columbia
Located in James Bay, the oldest neighbourhood in Victoria, this three-bedroom, two-bathroom, turnkey townhouse is listed for $999,000. It makes for easy urban living a short walk away from the action of Fisherman’s Wharf. The large decks outside are in no danger of needing a Disaster Decks rescue but are perfect for sundowners before you head out for a night on the town. There’s also plenty of storage for your bike.