According to the Canadian Real Estate Association, the average price of a home in Canada was $754,700 as of May 2023, up 1.6% from April. Although home prices continue to rise, there are still more affordable options across Canada at the $500,000 price point.
Whether you’re looking to move into a condo or a starter home in a more affordable city, we’ve got you covered! Take a look at some of the budget-conscious options we were able to find from coast to coast.
British Columbia
3309 – 13398 104 Avenue – Surrey
Property details:
- 1 bed, 1 bath, 1 parking
- Condo apartment
- Walking score 64/Transit score 90
Located in central Surrey, this condo offers a beautiful mountain range view. It’s spacious and includes a Murphy bed and hidden crashpad. The dining table can also expand to accommodate eight people, making it the perfect place to entertain guests!
View the listing here.
417 – 3358 Crowley Drive – Vancouver
Property details:
- 1 bed, 1 bath, 1 parking
- Condo apartment
- Walking score 64/Transit score 84
This one-bedroom unit is located on a quiet street in Vancouver. The spacious living room leads into the separate kitchen, as well as into the bedroom. The windows face a beautiful courtyard, with building amenities including a gym, party room and meeting room.
View the listing here.
Alberta
4040 31 Street North West – Edmonton
Property details:
- 3 beds, 2 baths, 4 parking
- Detached
- Walking score 23/Transit score 42
The open-concept layout in this home dazzles with its revamped kitchen and the beautifully sunlit dining area. The bathrooms all have exquisite finishes, and there is a basement with room for recreation and relaxation.
View the listing here.
Saskatchewan
558 Marlatte Lane – Saskatoon
Property details:
- 4 beds, 4 baths, 0 parking
- Detached
- Walking score 10/Transit score 29
This home’s exceptional curb appeal will immediately impress you, with the open floor plan inside creating the perfect greeting for anyone entering the home. The beautifully designed kitchen is home to a large central island, and the home also has a legal basement suite with a separate entrance.
View the listing here.
8722 Herman Crescent – Regina
Property details:
- 4 beds, 4 baths, 0 parking
- Detached
- Walking score 13/Transit score 28
This home is located in desirable Edgewater. You’re immediately met with a large foyer leading into the main dining area when you enter the home, with the open-concept living and kitchen space lit by large windows overlooking your spacious back garden and deck.
View the listing here.
Ontario
1210 – 830 Lawrence Avenue West – Toronto
Property details:
- 1 bed, 1 bath, 1 parking
- Condo apartment
- Walking score 48/Transit score 83
This south-facing condo apartment is a beautifully functioning space, complete with a balcony overlooking the CN Tower! The apartment is also close to public transport and many different amenities.
View the listing here.
901 – 108 Garment Street – Kitchener
Property details:
- 1 bed, 1 bath, 0 parking
- Condo apartment
- Walking score 48/Transit score 63
This condo is located in an exclusive art-deco building and is just a few steps from downtown Kitchener. It has sweeping views of the city, and the open-concept floor plan provides ample living space and a gourmet kitchen.
View the listing here.
New Brunswick
59 – 61 York Street – Moncton
Property details:
- 6 beds, 2 baths, 0 parking
- Detached
- Walking score 32/Transit score 40
This charming multi-family home offers a convenient and comfortable lifestyle. The main level has a spacious kitchen and dining room as well as a living room and two bedrooms, while the upstairs unit has its own kitchen, dining room and a further two bedrooms.
View the listing here.
398 Golf Club Road – Fredericton
Property details:
- 4 beds, 2 baths, 0 parking
- Detached
- Walking score 23/Transit score N/A
This four bedroom bungalow is only a stone’s throw from Fredericton golf club. The kitchen, living and dining rooms have a seamless flow into one another, making it the ideal place to entertain guests or spend time with loved ones.
View the listing here.
Nova Scotia
69 Forestglen Drive – Halifax
Property details:
- 4 beds, 2 baths, 0 parking
- Detached
- Walking score 8/Transit score N/A
The main level of this bungalow has a bright and spacious living room with a cozy wood fireplace, with the room flowing right into the dining room. Downstairs you’ll find an open-concept rec room with plenty of room for a wet bar, or to turn it into a space for entertaining.
View the listing here.
Prince Edward Island
26 Mitchel Drive – Stratford
Property details:
- 4 beds, 2 baths, 0 parking
- Detached
- Walking score 1/Transit score N/A
This split-level home has a bright and spacious kitchen, living and dining area with the kitchen cordoned off by a breakfast bar. The lower level of this home has a fourth bedroom and a rec room for turning into a space for entertaining or a family room.
View the listing here.
Newfoundland
401 Nascopie Avenue – Labrador City
Property details:
- 3 beds, 2 baths, 0 parking
- Detached
- Walking score 61/Transit score N/A
This home is located on a quiet lot and close to many different amenities. The main level opens into the living room, with entrances to the large dining room and kitchen. The basement is also fully developed, with its own family room.
View the listing here.
Interested in learning more about one of these properties? Give us a call today to speak to a real estate agent in your area.
