Best Place to Buy a House in Canada

With real estate prices around the country skyrocketing over the by year, finding affordable homes in Canada may seem like an impossible feat.

The national average home toll has gone up by a whopping 23% since last January, according to a new report from Zoocasa, taking it to $621,525. Despite this potent annual growth in nearly every market place across the country, Zoocasa plant that there are 18 markets where the average price of homes is below the national average.

Some, like St John, Newfoundland — the cheapest market place looked at in the report — fell significantly beneath the average, with some homes listed for under $200,000. Others, like London and St. Thomas, Ontario, just sneak in under the national boilerplate cutoff.

Unsurprisingly, the Vancouver and Toronto markets were the highest in the country, coming in well above the national boilerplate at $i,089,096 and $967,885 respectively.

Run into also:
- What you should know almost buying a home when unmarried
- The average cost of rent in Canadian cities for February (MAP)

If yous're looking to make ane of the many affordable homes in Canada yours, and are open to looking in cities all across the state, here are the xviii markets where you can find homes below the national boilerplate, and some examples of the real estate you tin can detect in that location, likewise.

affordable homes in canada

Zoocasa

1. Saint John, New Brunswick

Average domicile toll:$199,853
What you could buy: 251 City Line – $195,000
Property details: unmarried-family house, 3 bedrooms, 2 bathrooms

ii. Saguenay, Québec

Average home price: $206, 242
What y'all could buy:4685 Ch St. Paul – $209,000
Property details: single-family house, three bedrooms, 2 bathrooms

3. Trois Rivières, Québec

Average home price: $225,694
What you could buy: 450-452 Rue Lacerte – $219,900
Holding details:duplex, two bedrooms, i bathroom

iv. Thunder Bay, Ontario

Average home price: $258,738
What you could purchase: 1405 Arthur Street W – $269,900
Property details: detached house, 2 bedrooms, 1 bathroom

v. Regina, Saskatchewan

Boilerplate dwelling house price:$273,885
What y'all could buy: 853 Connaught Street – $279,900
Holding details: townhouse, 3 bedrooms, ii bathrooms

half dozen. Québec, Québec

Average home toll:$313,811
What you lot could buy:1571 Rue Camus – $309,000
Property details:single-family house, 3 bedrooms, 2 bathrooms

vii. Sherbrooke, Québec

Average home price: $317,545
What you could buy: 1786 Rue des Pois-de-Senteur – $320,000
Property details: single-family firm, three bedrooms, 2 bathrooms

viii. Winnipeg, Manitoba

Boilerplate home cost: $320,814
What you lot could purchase:250 Queen Street – $309,900
Property details:single-family unit house, iii bedrooms, 2 bathrooms

9. Saskatoon, Saskatchewan

Average home cost:$331,555
What y'all could buy:213 X Artery N – $329,900
Holding details:unmarried-family business firm, 4 bedrooms, 2 bathrooms

10. Gatineau, Québec

Average domicile price:$338,679
What you could buy:26 Rue Beauséjour – $325,000
Property details:unmarried-family house, five bedrooms, 2 bathrooms

eleven. Sudbury, Ontario

Average home price: $356,633
What you could purchase:4436 Hector – $349,700
Property details: detached firm, 5 bedrooms, 2 bathrooms, one parking

12. Edmonton, Alberta

Average home cost: $375,874
What you could buy:605-9741 110 Street NW – $365,000
Property details: apartment, ii bedrooms, 2 bathrooms

thirteen. Halifax-Dartmouth, Nova Scotia

Average domicile price:$433,000
What you could purchase: 3145 Veith Street – $424,900
Property details: semi-detached house, 4 bedrooms, iii bathrooms

14. Windsor-Essex, Ontario

Boilerplate habitation price:$492,480
What y'all could buy:686 Dynasty – $488,888
Property details:detached business firm, 3+ane bedroom, 2 bathrooms, 1 parking

15. Montreal, Québec

Average home price:$516,350
What you could purchase:85 Rue De Castelnau O. #413 – $519,000
Property details:condo, 2 bedrooms, ane bathroom

16. Calgary, Alberta

Average home toll:$518,237
What you could buy:201 560 half dozen Avenue – $525,000
Property details: apartment, ii bedrooms, 2 bathrooms, one parking

17. Ottawa, Ontario

Average home cost:$591,413
What you could buy:83 Armagh Way – $598,800
Property details:detached house, four bedrooms, iii bathrooms, 3 parking

18. London and St. Thomas, Ontario

Boilerplate dwelling house cost:$608,049
What yous could buy:362 Ridout Street Southward – $599,900
Property details: discrete house, iii bedrooms, 3 bathrooms, v parking

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Source: https://dailyhive.com/vancouver/canada-most-affordable-regions-for-buying-a-home