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

Kayaker still missing as COSAR continues aerial searches

71-year-old Zygmunt Janiewicz was reported missing Friday

Kelowna Springtime Regatta draws more than 50 sailboats

Sailors treated to windy, excellent long weekend conditions on Okanagan Lake

Get those flowers competition ready

Gardeners will come together June 29, for the 22nd Juried Flower Show

New law introduced to make donating “easier for Canadians”

MP Dan Albas introduces crypto currency-favouring legislation

Okanagan-Shuswap Weather: Most long-weekend rain has already fallen

A mix of sun and cloud is expected for the last two days of the the Victoria Day weekend.

Weather holds up for Rutland May Days

60th annual May Day midway, market and entertainment saw hundreds of attendees

Update: Plan to see more smoke from South Okanagan wildfire

Richter Creek wildfire, 12 kilometres west of Osoyoos, is an estimated 400 hectares

Raptors beat Bucks 118-112 in 2OT thriller

Leonard has 36 points as Toronto cuts Milwaukee’s series lead to 2-1

Former Greyhound Canada employees gather in Okanagan to say a final farewell

“Greyhound may take our jobs but they will never take our friendships,” says former bus driver

Kelowna firefighters douse blaze in hedges

The cause of the fire on Renfrew Road is under investigation.

‘Teams that win are tight’: B.C. Lions search for chemistry at training camp

The Lions added more than 50 new faces over the off-season, from coaching staff to key players

B.C. VIEWS: Reality of our plastic recycling routine exposed

Turns out dear old China wasn’t doing such a great job

Okanagan tattoo fundraiser draws tons of support

Lineup around the block in Vernon for start of Five Fathoms Tattoo event for Children’s Hospital

Carbon dioxide at highest levels for over 2.5 million years, expert warns of 100 years of disruption

CO2 levels rising rapidly, now higher than at any point in humanity’s history

Most Read