• phone: 514-816-4178
  • fax: 514-933-2299
  • mobile: 514-816-4178

EN FRANÇAIS

asebe@sutton.com

Call 514-816-4178

Blog by alexandre sebe

<< back to article list

Canada House Prices: What $350,000 Will Buy You In These Canadian Housing Markets

Canada House Prices: What $350,000 Will Buy You In These Canadian Housing Markets

 Canada House Prices

Can't afford a house? Consider a move to St. John's Newfoundland, where the price of a Toronto condo will buy you a McMansion.



It's hardly a surprise that Canada's cities have large disparities in the cost of housing, but sometimes it's worth putting an issue into some perspective. As the median price of a house in Canada these days is just a bit more than $350,000, we decided to see what that amount would buy us across the country.

What we found was a nearly six-fold difference in real estate prices, per square foot, among Canada's urban markets. Put another way: For the same money, you can buy nearly six times as much real estate in St. John's or Trois-Rivieres, Quebec, than you can in Vancouver.
 SOURCE:http://www.huffingtonpost.ca/2011/11/21/canada-house-prices-what-350k-will-buy-you_n_1103900.html?ref=canada-business#s458245&title=St_Johns_Nfld