Although $1 million may fall below the average home price in major Canadian real estate markets such as Toronto and Vancouver, this budget can offer an exceptional range of properties in many other cities across the country.
From coast to coast, a $1 million budget can provide access to a diverse selection of properties, such as a sprawling 130-acre waterfront estate in Lunenburg, Nova Scotia, or a 7 bedroom luxurious home in Edmonton, Alberta.
Toronto, Ontario
- Address: #641 -5 HANNA AVE
- Price: $999k
- Bedrooms: 2
- Bathrooms: 2
- Size: 800-900 sqft
- highly sought after Liberty Market Lofts building
- includes locker + parking
Calgary, Alberta
- Address: 50 Seton Common SE
- Price: $999k
- Bedrooms: 5+2
- Bathrooms: 5
- Size: 4000 sqft
- 7 Bedrooms, 2 Dens, 5 FULL Bathrooms, 3 Kitchens and a LEGAL 2 BEDROOM SUITE with a separate entrance
- Walk to restaurants, playground and amenities.
Edmonton, Alberta
- Address: 2517 14A AV NW
- Price: $999k
- Bedrooms: 7
- Bathrooms: 6
- finished basement w/ 2 bedroom legal suite and owner suite with theater room, living room with a bar and full bathroom.
Vancouver, BC
- Address: 704 2550 SPRUCE STREET
- Price: $999k
- Bedrooms: 2
- Bathrooms: 2
- Size: 853 sqft
- gorgeous views of False Creek, the North Shore mountains and the dazzling down downtown skyline
Pocologan, New Brunswick
- Address: 233 McCarthys Point Road
- Price: $1,000,000
- Bedrooms: 3
- Bathrooms: 2
- Size: 3150sqft
- oversized garage and a separate storage shed w/ additional garage space on lower level of the home
- 1 acre backyard with deck and firepit right leading to your own beach
- 30 min drive to the city of Saint John
Lunenberg, Nova Scotia
- Address: 1218 Lake Pleasant Road
- Bedrooms: 5
- Bathrooms: 4
- Price: $1M
- Waterfront property on 130 acres
- Completely off grid, with in floor radiant heat powered by solar hot water system with propane furnace for back up.
Lévis, Quebec
- Address: 281 Rue de la Mission
- Price: $998k
- Bedrooms: 6
- Bathrooms: 3
- double car garage
- 2246sqft
Montreal, Quebec
- 2727 Rue St-Patrick #608
- $997k
- 2 bed 2 bath penthouse
- located on the banks of the Lachine Canal in Pointe-Saint-Charles
Winnipeg, Manitoba
- 133 Elm Street
- $999k
- 3 bed 4 bath
- 2563 sqft
- steps from Wellington Crescent
- oversized 75 x 120 lot
- attached garage, updated electrical, some newer windows, and gas fireplace
Regina, Saskatchewan
- 6029 Eagles COVE
- $999k
- 5 bed 4 bath
- 2979 sqft
- gorgeous backyard with 2 patios and a waterfall
Greater St. John’s, Newfoundland and Labrador
- 36 St. Francis Road
- $999k
- 3+1 bed 5 bath
- 5260 sqft
- located close to all amenities and minutes to the Ocean on large lot (almost 10 acres) with trees and privacy.
- double garage
- beautifully landscaped with a nice fire pit area, front and rear decks and plenty of privacy
In conclusion, while a budget of $1 million may not be enough to purchase a home in some of Canada’s most expensive real estate markets, it still provides an opportunity to own a remarkable and diverse range of properties across the country. Whether it’s a sprawling 130-acre waterfront estate in Lunenburg, Nova Scotia, or a 7 bedroom luxurious home in Edmonton, Alberta. there are plenty of options available for those seeking to invest in Canadian real estate. With a bit of research and the right guidance from a trusted real estate agent, finding a dream home that fits within your budget is within reach.
Written by Kaley Langille
Canada Housing Market 
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