In the realm of owning property, the saying “location, location, location” is regarded as the three things that matter most when it comes to buying a home.
A million bucks is a lot of scratch and based on where you live in Canada, it may or may not get you your dream home.
We’re analyzing $1 million homes across the rest of the country and comparing them to the size, look, and feel of those matched to the same price in Montreal.
According to the Canadain Real Estate Association (CREA), the average Canadian house price in 2020 was forecasted to be $531,000, meaning a $1 million home is almost double the Canadian average.
- See also:
To scale, the CREA lists the average Montreal home at $434,000 (as of January 2021). Compare that to Vancouver and Toronto, where prices average $1,056,000 and $927,700, respectively. The lowest end of the Canadian spectrum is $205,074 in New Brunswick.
With that said, let’s see how $1 million houses vary across the country, compared to Montreal.
According to Realtor.ca, this 3-bedroom, 2-bathroom single-family home in Verdun is a “charming attached house, located in the Domaine de la Forêt, one of the most sought-after districts in the heart of Nuns’ Island.” The spot has an “abundance of windows,” a fenced-in backyard, an inground pool, and a beautiful open concept kitchen, a finished basement, a three-car garage, and is at the end of the street.
It was built in 1993 and sits on 232.9 square metres of land.
This spacious 3-bedroom, 2.5-bathroom condo is located with “easy access to the airport, highway, and downtown.”
It was built in 2016, has quartz counter-tops, modern colour kitchen cabinets but very little land space.
This 4-bedroom detached home is on a 2,600-square-foot lot, has a finished basement, four bathrooms, and two outdoor parking spots.
This 3034-square-foot lot has a 2-storey sweeping entryway, a grand circular staircase, and vaulted beamed ceilings. The 5-bedroom house features an “above grade living space” plus a finished basement, five bathrooms and a triple attached garage.
This 4-bedroom single-family home sits on 9,000-square-feet of land, has a large entrance foyer, a kitchen with quartz countertops, an island with a wet bar, two ovens, a double door fridge and freezer combo, a butler’s pantry, and a gorgeous view of the bay.
Minutes from the beach town of Gimli and Winnipeg Beach, this 3,742-square-foot lot has four bedrooms, three bathrooms, has a private art studio, an insulated garage, a detached workshop/guest house, a sunroom, and a gazebo.
As if that’s not enticing enough, it’s a lakefront property, mere yards away from a white sand beach.