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The Cheapest Houses You Can Buy in February 2023

According to the latest Canadian Real Estate Association statistics, the average price for a home in Canada in December 2022 was $626,318. This was 12 percent less than the same time the previous year. Luckily it doesn’t mean that home ownership is only for the rich. If you’re looking for a very affordable starter property, you’ll need to look outside the major cities and be willing to put in some elbow grease to fix it up. Even if you can’t live in your new home full-time because it’s too far from your job, you can rent it out, which will help cover the mortgage and help you build that all-important equity. To inspire you, here are some of the cheapest real estate listings for February in each province.

Be sure to check out Canada’s cheapest houses in January 2023.

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