Wondering what $1 million buys you in Canada in 2025? While real estate prices in Toronto and Vancouver often dominate headlines, there’s a whole world of opportunity outside these high-priced markets. If you’re looking to stretch your budget and get the most value for your money, many Canadian cities still offer spacious, stylish homes at or below the $1 million mark.
In this guide, we break down exactly what $1 million can get you across Canada- from coast to coast.
Toronto, Ontario
- Address: 7601 – 55 COOPER STREET
- Price: $998k
- Bedrooms: 2
- Bathrooms: 2
- Size: 700 – 799 sqft
- NW Corner Unit 76Th Floor
- doesn’t include parking
Calgary, Alberta
- Address: 43 Homestead Close NE
- Price: $999k
- Bedrooms: 5+2
- Bathrooms: 5
- Size: 2695 sqft
Edmonton, Alberta
- Address: 11232 48 AV NW
- Price: $986k
- Bedrooms: 8
- Bathrooms: 4
Vancouver, BC
- Address: 2005 838 W HASTINGS STREET
- Price: $998k
- Bedrooms: 2
- Bathrooms: 2
- Size: 798 sqft
Halifax, Nova Scotia
- Address: 2560 Joseph Street, Halifax
- Bedrooms: 4
- Bathrooms: 3
- Price: $989,900
Montreal, Quebec
- 5030 Av. Victoria, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce), Quebec H3W2N3
- $999k
- 3 bed 2 bath
Winnipeg, Manitoba
- 15 Sarsprilla Bend, Winnipeg, Manitoba R3X0X6
- $999k
- 4 bed 3 bath
- 2000 sqft
Saskatoon, Saskatchewan
- 621 Brookhurst COURT, Saskatoon, Saskatchewan S7V1E5
- $999k
- 5 bed 4 bath
- 3552 sqft
35 Minutes from St. John’s, Newfoundland and Labrador
- 26-28 Ridge Road, Chapels Cove, Newfoundland & Labrador A1A1V0
- $999k
- 1+3 bed 6 bath
- 4095 sqft
Whitehorse, Yukon
- 92 LYNX LANE, Whitehorse North, Yukon Y1A6P2
- $985k
- 3 bed 1 bath
- 1984 sqft
NWT, Nunavut
none
A $1 million budget won’t stretch far in Canada’s priciest cities, but that doesn’t mean you’re out of options. Across the country, there are plenty of places where that same budget gets you a lot more- whether it’s space, character, or just better overall value. If you’re willing to look beyond the big-name markets, it’s worth seeing what else is out there.
Written by Kaley Langille
Canada Housing Market 
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