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

Public art committee thrives

No news is good news for the Creston Valley Public Art Connection.… Continue reading

Lister celebrates centennial in June with weekend event

Past and present Lister residents are invited to take part in the celebration.

LETTER: We are committed to the valley’s fruit growers

Honey Bee Zen Apiaries Ltd., can assure orchardists that we will be able to pollinate large portion orchards.

Creston Museum gets multiculturalism grant

A $4,000 multiculturalism grant will allow the Creston Museum to celebrate the… Continue reading

Cheetahs will not prosper in Creston: permit rejected for two big cats

Earl Pfeifer owns two cheetahs, one of which escaped in December 2015

Edmonton judge rules Omar Khadr’s sentence has expired

Eight-year sentence imposed in 2010 would have ended last October had Khadr remained in custody

Trudeau sells housing plan in visit to hot real estate market in B.C.

Trudeau said the budget contains measures to help first-time buyers

Norway opens probe into why cruise ship ventured into storm

The Viking Sky was headed for southern Norway when it had engine problems on Saturday afternoon

B.C. river cleanup crew finds bag of discarded sex toys

Chilliwack volunteers stumble on unexpected find while removing 600 lbs of trash from riverway

Fired B.C. farmland commission chair backs NDP rule changes

Richard Bullock agrees with Lana Popham, ALC records don’t

Michael Dunahee’s disappearance remains the largest probe in Victoria police history

The four-year old Victoria boy went missing without a trace on March 24, 1991

Kamloops chamber of commerce director let go after controversial Facebook posts

Facebook account had derogatory comments about Muslims, Justin Trudeau

B.C. RCMP officer cleared after Taser incident seriously injures woman

Woman with knives refused to comply with orders therefore officer used appropriate level of force

‘Bikinishe’ swimwear retailer prompts Better Business Bureau warning

Watchdog has gotten dozens of complaints about company, which has been using fake Vancouver address

Most Read