Here’s the townhouse $500,000 will get you in Vancouver. (Point2Homes)

Have $500K? Here’s what kind of home that will buy you all across Canada

From Vancouver to Fredericton, here’s how much house half a million dollars will get you

Are you getting tired of B.C.’s too-hot real estate market?

According to a report from Point2Homes released Wednesday, Vancouver buyers get the least bang for their buck of all cities in the country.

In the West Coast city, $500,000 gets you a one bed, one bath 553 sq. ft. townhouse just a few blocks up from East Hastings Street

That’s compared to a five bed, three bath, 1,351 sq. ft. mansion in Saskatoon for $500,000, which comes with all-new stainless steel appliances featuring “a covered deck with glass railing, a patio, as well as a private garden.”

Gorgeous modified bi-level in Saskatoon. (Point2Homes)

In Canada’s capital, half a million will get you a four bed, four bath home on a 0.09 acre lot which includes a private garden surrounded by fruit trees, shrubs and perennial, just in case you want to throw a barbecue in your mansion.

Sun-filled Ottawa home with four bedrooms and four full bathrooms. (Point2Homes)

But it’s not all bad in the Lower Mainland. In Surrey, the same amount gets you a 1,440 sq. ft., three bed, two bath house on a 0.13 acre lot.

Three bedroom home in Surrey.(WestCoast Realty)

In Toronto, $500,000 scores you a 670 sq. ft. one bed and one bath townhouse featuring “breathtaking sunsets and sunrises over the lake and gorgeous city views.”

A stunning renovated townhouse on Lake Ontario (Point2Homes)

What if you want more than one house? Well, head over to Fredericton where a half million dollars will buy you of two attached houses featuring six beds, two baths on a 0.24 acre lot.

Beautiful century-old home located on one of the most desired avenues in Fredericton right across from Wilmot Park. (Point2Homes)

READ MORE: Young professionals leaving Vancouver over high cost of housing

READ MORE: B.C. real estate board urges feds to revisit mortgage stress test


@katslepian

katya.slepian@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Just Posted

Surrey policing plan sent to provincial government for review

‘I urge our residents to come out and help us shape their Surrey Police Department,’ Surrey mayor says

Surrey councillors say they’ve now seen policing transition plan

Locke and Hundial decline to share details of the plan, repeat calls for its release to residents

RCMP target speeders in White Rock, Surrey

Officers throughout the province launch Swoop campaign

Roadside device to weed out THC can’t detect impairment, lawyer says

‘This fact alone is likely to have serious implications for Canadians’ Charter Rights,’ lawyer Sarah Leamon warns

Cloverdale high school raising money for first-ever grad dinner

Bottle and clothing drive will fundraise for Cloverdale Learning Centre’s first graduation dinner

Kelowna toddler suffers cracked skull after fall from balcony

Neighbour who found the two-year-old boy said he has a bump the size of a golf ball on his head

RCMP probe if teen was intentionally hit with ski pole by mystery skier on B.C. mountain

The incident happened on March 20 on Grouse Mountain. Police are urging witnesses to come forward

Support growing for orphaned Okanagan child after father dies in highway crash

Family thanks emergency crews for assistance in traumatic incident

Pipeline protester chimes in on Justin Trudeau’s B.C. fundraising speech

The government purchased the Trans Mountain pipeline and expansion project for $4.5 billion

Baby boom seniors putting pressure on B.C. long-term care: report

B.C. leads Canada in growth of dementia, dependence on care

UPDATED: B.C. man says he’ll take People’s Party lawsuit as far as he can

Federal judge shut down Satinder Dhillon’s ‘nonsensical’ motion to bar use of PPC name in byelection

Coquitlam RCMP release video in search for witness to crash that killed girl, 13

Witness is described as a slim Asian man with short, black hair, no facial hair and wearing glasses

Four rescued from Golden Ears mountain

Hikers from Surrey started out for Evans Peak at 6 p.m.

Most Read