What $1 million gets for a home in Victoria vs. the rest of Canada

Dec 11 2024, 12:19 am

If you’re shopping for a family home with a cool $1 million to $1.4 million in your pocket, the kind of space and comfort you’ll get may change depending on where you’re house hunting.

From sprawling backyards in some cities to lavish apartments, the price tag can stretch surprisingly far — or feel frustratingly tight.

To put it all in perspective, we’re comparing Victoria to other major Canadian cities like Vancouver, Toronto, Montreal, Edmonton, and Calgary.

Let’s check it out.

Victoria

victoria-sothebys

Sotheby’s International Realty

This $1.3 million house is a bit of a unicorn. It’s situated in the family-friendly neighbourhood of Oaklands, with good access to bike trails and only a 10-minute drive to downtown. The main suite features five bright bedrooms and two bathrooms, while the modern, full-height garden suite offers two bedrooms, two bathrooms, and in-suite laundry. Enjoy a serene backyard with mature plants, a peaceful pond, and a detached workshop garage with a long driveway with room for multiple cars or an RV.

See the listing here.

Vancouver

vancouver-sothebys

Sotheby’s International Realty

Over in Vancouver’s Yaletown, $1 million lands you a modern condo in Governors Tower & Villas. This two-bedroom, two-bathroom home with a flex space offers just over 1,000 sq ft of living space and views overlooking David Lam Park. While the interior is move-in ready, there’s room for a renovation project if you’re feeling ambitious. Perks include a spacious floor plan, indoor pool, hot tub, gym, secure bike room, storage locker, and parking stall. The building is steps from the Canada Line, has community spaces, parks, and trendy restaurants, and is ideal for city slickers.

See the listing here.

Calgary

calgary-sothebys

Sotheby’s International Realty

In Calgary, $1.1 million buys you Unit 1 at Carisbrooke Place, a luxury four-level townhouse offering 2,273 sq ft of living space in the lively Sunnyside neighbourhood across the Bow River from downtown Calgary. With four bedrooms, 3.5 bathrooms, and a private elevator, this home blends elegance with practicality. The entire top floor is dedicated to a sprawling primary suite, complete with a private balcony and spa-inspired ensuite. Additional highlights include a gourmet kitchen, versatile lower-level family space, secure parking, and a private patio.

See the listing here.

Edmonton

edmonton-sothebys

Sotheby’s International Realty

In Edmonton, $1.25 million lands you smack dab in the middle of the River Valley and downtown at 10236 130 Street NW. This fully renovated home features three-plus-one bedrooms and four bathrooms. Renovations completed in 2021 give it a modern and practical look with lots of natural light and a beautifully landscaped yard. There’s also a batu wood deck and motorized awning.

See the listing here.

Toronto

toronto-sothebys

Sotheby’s International Realty

In Toronto’s Oakwood Village, $1.37 million delivers a charming all-brick detached home on a sunlit, wide lot about a 30-minute drive from the downtown core. With three bedrooms and three bathrooms, there’s an open-concept main floor, a chef’s kitchen with stainless steel appliances, and a walkout to a deck overlooking a fenced backyard. Upstairs, the primary bedroom has a private terrace. The lower level has its own suite with a separate entrance, high ceilings, and recreation space. It’s no doubt a family-friendly home steps from Cedarvale Ravine, schools, and the upcoming LRT.

See the listing here.

Montreal

montreal-sothebys

Sotheby’s International Realty

In Montreal, $1.3 million lands you in one of Montreal’s most coveted neighbourhoods: the Golden Square Mile. This area is at the foot of Mount Royal and in the heart of downtown Montreal. The bustling Golden Square Mile is known for its Victorian-era architecture, and this home is no slouch. The 2,095-square-foot home features two floors, three bedrooms, two bathrooms, and a private garage. Originally the Benjamin Tooke house, it sits beside Percy Walters Park and Mount Royal, just minutes from downtown.

See the listing here.

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