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

Keremeos man says stem cell therapy changed his life

Darryl Brewer says he went from being immobile with chronic pain to leading an active lifestyle

Okanagan-Shuswap Weather: Summer sun for Sunday

The forecast for the week ahead shows some rain but plenty of sun and warm tempertures.

Okanagan-Shuswap weather: Showers to start weekend, sun returning soon

Environment Canada forecasts rain on Saturday and the heat returning next week

UPDATE: Penticton resident’s dog found safe

Nicholas Bozak thanks the public for finding his 17 month old mastiff chow

RDOS contributes funds to arts centre workshop

South Okanagan Performing Arts Centre Society wants input into proposed facility

July showers wash out half of the Okanagan’s cherry crop

Cherry growers say this is the worst season they’ve seen in decades

Water quality makes swimming unsafe at three beaches near Salmon Arm

The Adams Lake Indian Band has issued a water qulity notice affecting beaches at three campgrounds.

A year later, ceremony commemorates victims of the Danforth shooting

It’s the one-year anniversary of when a man opened fire along the bustling street before shooting and killing himself

Second osprey chick dies, Okanagan web cam off

The second chick in an osprey nest featured on the Town of Osoyoos website has died

Japanese Canadians call on B.C. to go beyond mere apology for historic racism

The federal government apologized in 1988 for its racism against ‘enemy aliens’

Fire department helps with body recovery in Okanagan Lake

Penticton fire department assisted the RCMP with the recovery of a body Saturday

Police on scene at Penticton beach

RCMP were at a what is believed to be a crime scene near Skaha Beach Sunday

Community service ordered for Princeton man who stole from firefighters

A young man who stole food and money from the Princeton Volunteer… Continue reading

Okanagan rainbow crosswalk defaced

Vandals cover colours with white paint in District of Coldstream sometime overnight Saturday

Most Read