Canada Housing Market

Looking to buy a home in Canada for under 400k? This article explores the available options across different provinces and territories. From a shoebox in Toronto, to a 8 bedroom waterfront home on the East Coast, let’s explore what you can purchase in the $300-400k price range across Canada.

Toronto, Ontario– $399,888

Address: #1805 -150 SUDBURY ST

1 bed – 1 bath

• Annual property taxes of $1,738.98
• $317.35 Monthly maintenance fees
• Small balcony with views of other buildings.
• Parking not included.
• Currently leased out for $2300/month – investment opportunity

Link to listing

Bowmanville, Ontario- $379,000

Address: #503 -144 QUEEN ST, Bowmanville

• 1 bed 1 bath
• newly renovated
• Annual Property Taxes: $1,789
• Includes 1 parking spot
• Maintenance Fees: $365 Monthly

Link to listing

Sudbury, Ontario- $369,900

Address: 666 Pearson Drive, Sudbury

4 bed- 2 bath

• detached garage
• located in the heart of south end’s highly sought after Penela subdivision
• additional bedroom, a half bathroom, and a sauna at the far end of the lower level

Link to listing

Calgary, Alberta- $379,900

Address: 201, 31 Panatella Landing NW

• 2 bed 2 bath
• 1,115 sq ft townhome
• Annual Property Taxes: $1,734
• Maintenance Fees: $215 Monthly
• single garage + 1 parking spot
• lots of amenities such as groceries, schools, and banks only a short walk away

Link to listing

Edmonton, Alberta – $399,900

Address: 16003 80 AV NW, Edmonton

• 5 bed 2 bath
• located in the desirable community of Elmwood, steps from Edmonton’s River Valley
• HUGE landscaped backyard is ideal for entertaining – complete with a charming stone patio, gazebo and firepit
• single detached garage
• easy access to public transportation, schools, all major amenities and the Whitemud

Link to listing

Vancouver, British Columbia– $312,000

Address: 405 1100 HARWOOD STREET, British Columbia

• 430 sqft
• amentities include a roof top pool and deck with a spectacular 270 degree of city and English Bay
• Steps to Sunset Beach, Davie Street, Aquatic Centre, restaurants, shopping and transit
• Storage locker, bike storage and parking available for a fee.
• maintenance fees: $672.16 Monthly

Link to listing

Halifax, Nova Scotia – $397,000

Address: 16 Hilden Drive, Halifax

• 3 bed 1 bath
• conveniently located near schools, shopping, parks and more this property is perfect for those seeking an easy commute and quick access to local amenities
• 1281 sqft

Link to listing

Cape Breton, Nova Scotia- $310,000

Address: 53 Convent Street, Sydney Mines, Cape Breton

• 8 bedrooms – 3 bathrooms
• located on 2.5 acres
• Pool
• 3500 sqft
• Located right in town, this property offers the convenience of nearby amenities, schools, and shopping centers,

Link to listing

Montreal, Quebec- $324,000

Address: 1406 Rue Ste-Élisabeth #602, Montreal

• located in the heart of the Quartier des Spectacles, in downtown Montreal
• new condo built in 2022
• 1 bed 1 bath
• 243.26 sqft
• Maintenance Fees: $194 Monthly

Link to listing

Regina, Saskatchewan- $319,900

Address: 1227 DEVONSHIRE DRIVE N, Regina

• 4 bedrooms – 3 bathrooms
• 1531 sqft
• Annual Property Taxes: $4,074
•  located in a very desirable Lakewood location close to several parks, walking trails, schools, restaurants and other amentities
• finished basement with rec room and bar
• fully-fenced backyard with deck
• new windows, new shingles, and attached double garage

Link to listing

Moncton, New Brunswick – $374,900

Address: 27-29 Gloucester ST, Moncton

• 3 bedrooms, 2 bathrooms
• 1416 sqft
• recently extensively renovated duplex
• near downtown Moncton and Champlain mall
• 2 units- amazing airbnb opportunity
• new windows, doors, flashing, steps, siding, flooring, kitchens, bathrooms, trim and drywall. The roof shingles are 5 years old

Link to listing

Winnipeg, Manitoba – $356,000

Address: 122 Arnold Avenue, Winnipeg

• 2 bedrooms, 1 bathroom
• 1072 sqft
• remodeled from top to bottom and from inside to outside + new shingles
• Annual Property Taxes: $2,969.68

Link to listing

St. John’s, Newfoundland – $359,900

Address: 11 Mockingbird Drive

• 3+1 bedrooms, 3 bathrooms
• 2527 sqft
• Annual Property Taxes: $2,354
• attached garage
• Spacious backyard that is already fenced on 3 sides.

Link to listing

Victoria, Prince Edward Island- $325,000

Address: 3 Howard Street, Victoria, PEI

• 4 bedrooms, 2 bathrooms
• steel roof and a new energy-efficient heat pump
• Located in Victoria – known for its sandy beaches, local artisans, theatre, and dining experiences, and beautiful water views of the Northumberland Strait and the Westmoreland River. 

Link to listing

Yellowknife, Northwest Territories – $364,900

Address: 625 RANGE LAKE ROAD

• 3 bedrooms, 2 bathrooms
• 1208 sqft
• Condo fees $365/month
• central location within walking distance to schools, shopping, recreation facilities, public transit, hospital/clinics
• newly renovated with brand new appliances

Link to listing

Whitehorse, Yukon – $340,000

Address: 208 AZURE ROAD, Whitehorse

• 3 bedrooms, 2 bathrooms
• 1050 sqft
• 7000 sf partially fenced lot with beautiful mature trees
• includes garage, parking and storage
• beautiful mountain views
• the property comes with a tent currently used to store a vehicle, a ShelterLogic tent, green-house, and locking storage shed as well as a 18×28 garage

Link to listing

Nunavut

There are currently no active listings in the 300k-400k range in Nunavut

What are your thoughts? What part of Canada has the best value based off price, location, employment, accessibility, etc? Which listing above would you choose if you had to pick one?