Canada Housing Market

A $600,000 home-buying budget can get you a dramatically different property depending on where you live in Canada.

In downtown Toronto, around $600,000 can get you a two-bedroom condo.

In Vancouver, the same budget can mean a one-bedroom condo measuring just over 600 square feet.

But head east to Atlantic Canada and suddenly buyers are looking at detached homes with four or five bedrooms, thousands of square feet of living space and, in one case, even a separate apartment.

We compared four listings currently on the market in Toronto, Vancouver, Halifax and St. John’s to see just how far approximately $600,000 can go across Canada.

Listings and asking prices are current as of September 12, 2026 and may change or sell at any time.

Toronto: $599K Gets You An 870-Square-Foot Condo

📍 601-770 Bay Street, Toronto, Ontario

💰 $599,000
🛏 2 bedrooms
🛁 2 bathrooms
📐 870 sq. ft.
🚗 1 parking space

In the heart of downtown Toronto near Bay and College, $599,000 currently gets you a two-bedroom, two-bathroom condo.

The corner unit has 870 square feet of interior space, along with an open balcony.

Inside, the condo features nine-foot ceilings, floor-to-ceiling windows, hardwood and laminate flooring and a modern kitchen.

The building also has amenities including an indoor pool, fitness centre, sauna, party room and rooftop terrace.

The location puts residents within walking distance of the subway, University of Toronto, Queen’s Park, Toronto Metropolitan University, Yorkville and the Eaton Centre.

The monthly condo maintenance fee is currently listed at $832.20.

View the Toronto listing on REALTOR.ca

Vancouver: $600K Gets You A 608-Square-Foot Condo

📍 2309-688 Abbott Street, Vancouver, British Columbia

💰 $600,000
🛏 1 bedroom
🛁 1 bathroom
📐 608 sq. ft.
🚗 1 parking space

Take essentially the same budget to Vancouver and the amount of space gets considerably smaller.

This downtown Vancouver condo is currently listed for exactly $600,000.

The one-bedroom unit measures 608 square feet and also includes a den and solarium.

The condo has views toward False Creek, Mount Baker and the Vancouver skyline and is located about a four-minute walk from SkyTrain and six minutes from BC Place.

The unit also comes with one parking space and a bike locker, while the building includes an indoor pool, hot tub, gym, sauna and meeting room. (REALTOR.ca)

At the asking price, that works out to approximately $987 per square foot.

View the Vancouver listing on REALTOR.ca

Halifax: $549.9K Gets You A 2,396-Square-Foot Detached House

📍 7 Willowdale Terrace, Halifax, Nova Scotia

💰 $549,900
🛏 3+1 bedrooms
🛁 2 bathrooms
📐 2,396 sq. ft.
🌳 0.20-acre lot

Then there is Halifax.

For about $50,000 less than the Vancouver condo, buyers can currently get a detached house with nearly 2,400 square feet of finished living space.

The home at 7 Willowdale Terrace has three bedrooms on the main level, with a fourth bedroom downstairs.

There is also a living room with a wood-burning fireplace, separate dining room, kitchen, large recreation room, separate family room and walkout lower level.

The detached house sits on roughly 0.20 acres at the end of a cul-de-sac near Williams Lake.

It was previously listed for $599,900, but the asking price was reduced by $50,000 on September 10 to $549,900. (REALTOR.ca)

That means this Halifax house currently offers almost four times the interior living space of the Vancouver condo while asking $50,100 less.

View the Halifax listing on REALTOR.ca

St. John’s: $599.9K Gets You A 3,000-Square-Foot Home With An Apartment

📍 74 Lady Anderson Street, St. John’s, Newfoundland and Labrador

💰 $599,900
🛏 5 bedrooms total
🛁 4 bathrooms
📐 3,000 sq. ft.
🚗 Attached garage
🏠 Separate 2-bedroom apartment

The biggest difference in this comparison might be found in Newfoundland.

For $599,900, buyers can currently get a 3,000-square-foot two-apartment home in St. John’s.

The main portion of the property has three bedrooms and three bathrooms, while a separate two-bedroom apartment provides additional living space and potential rental income.

The home also includes an attached garage, landscaped lot, double paved driveway, large deck and open-concept kitchen and living area.

It is located in Kenmount Terrace near schools, shopping, recreation, Memorial University and the hospital. (REALTOR.ca)

For just $900 more than the Toronto condo and $100 less than the Vancouver condo, this St. John’s property offers 3,000 square feet, five bedrooms, four bathrooms, a garage and a separate apartment.

View the St. John’s listing on REALTOR.ca

$600K Goes A Lot Further On Canada’s East Coast

The contrast is especially noticeable when Vancouver and St. John’s are put side by side.

In Vancouver, $600,000 gets you 608 square feet.

In St. John’s, $599,900 gets you 3,000 square feet.

That means the St. John’s property has nearly five times as much interior space for essentially the same asking price.

Toronto sits somewhere in between, with the $599,000 downtown condo offering 870 square feet and two bedrooms.

And although Halifax has become significantly more expensive in recent years, the current Willowdale Terrace listing shows that a budget below $600,000 can still put buyers into a detached home with almost 2,400 square feet of space within Halifax.

Of course, comparing homes solely by price and square footage does not tell the whole story.

Location, employment opportunities, transportation, property taxes, condo fees, condition, neighbourhood amenities and housing type all contribute to the value of a property.

But these four listings provide a striking snapshot of just how differently the same home-buying budget can stretch across Canada.

Around $600,000 can mean a one-bedroom condo in Vancouver, a two-bedroom condo in Toronto, a four-bedroom detached house in Halifax or a five-bedroom home with a separate apartment in St. John’s.