Home Buying: Starter houses for $100,000 under the national average
Recent numbers from the Canadian Real Estate Association indicate the price of an average home in Canada has risen to $355,777. Here are six properties well below that number – and you don't have to go to the boonies to find them.
Location: Maple Ridge, B.C. Asking price: $249,900 Square footage: 1,220 Year built: 1975
This three-bedroom townhome is roughly 50 km outside of Vancouver, but at a much more reasonable price. Perfect for a small family, the property includes five appliances, large windows and a fenced yard.
Location: Edmonton Asking price: $249,900 Square footage: 1,505 Year built: 1914
Located just northeast of the city’s downtown area, this four-bedroom, one and a half storey home boasts a fully fenced backyard and an insulated, detached double garage. The main floor features a kitchen complete with solid oak cabinetry and a living-dining room combo.
Location: Saskatoon Asking price: $252,900 Square footage: 1,147 Year built: 1912
This two-bedroom, two-bathroom home has undergone recent mechanical upgrades, including central air conditioner and an energy-efficient furnace. This home also features hardwood floors and a wood-burning fireplace.
Location: Barrie, Ont. Asking price: $243,250 Square footage: 1,388 Year built: 1990
An hour north of Toronto, this three-bedroom, two-storey home features hardwood floors throughout and nickel-plated fixtures in the bathrooms. An eat-in kitchen, separate dining room and living room round out the main floor.
Location: Trois-Rivières, Que. Asking price: $245,000 Square footage: Not available Year built: 2004
Along the beautiful St. Lawrence River, roughly halfway between Montreal and Quebec City, you’ll find this next property. Perfect for a small family, this two-bedroom, two-bathroom home also has a heated, inground pool in a fenced backyard, a central vacuum system, finished basement and wood-burning fireplace.
Location: Moncton, N.B. Asking price: $247,500 Square footage: 1,850 Year built: 1987
Just over 50 km from the Nova Scotia border is this two-bedroom bungalow. The open-concept design makes room for a kitchen island and spacious pantry, propane fireplace in the living room and beautiful oak hardwood throughout. The master bedroom features ensuite and a walk-in closet, while the mudroom provides easy access to a two-car garage.