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

20th annual walk-a-thon held on May 26

St. John Hospital Auxiliary group is raising money to buy equipment for the hospital

Gallery — 2019 Madison Poker Ride

It’s been eight years since Madison Scott went missing from Hogsback Lake

Category 2 open fires are now prohibited across the Prince George Fire Centre

The first ban was set on May 8 that covered the Stuart Nechako and Prince George Forest District

Photo Gallery: Kids have a blast during the ‘Fun Run’ organized by David Hoy Elementary School

Elementary school students across school district 91 participated in the event

Fire ban back in effect for Northwest Fire Centre region

Starting May 24, both Category 2 and Category 3 prohibitions will be in place

Police say it’s “impressive” no arrests were made after Raptors celebrations

Toronto will play the Western Conference champion Golden State Warriors next

Social media giants in hot seat as politicians consider regulations in Ottawa

Committee members will also grill representatives from Facebook, Twitter

Wildfire crews watching for dangerous wind shift in High Level, Alta.

The Chuckegg Creek fire is raging out of control about three kilometres southwest of the town

UN urges Canada to take more vulnerable Mexican migrants from Central America

The request comes as the United States takes a harder line on its Mexican border

Mistrial declared in Jamie Bacon murder plot trial

Bacon was on trial for counselling to commit the murder of Person X

B.C. VIEWS: Money-laundering melodrama made for TV

Public inquiry staged to point fingers before 2021 election

Canadian homebuyers escaping high housing costs by moving to secondary cities

In British Columbia, exurbs have grown in the Hope Valley and Kamloops

Feds lay out proposed new rules for voice, video recorders in locomotives

Transport Canada wants to limit use of recorders to if a crew’s actions led to a crash

Most Read