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June 18, 2019

What $500,000 Gets You Across Canada

What $500,000 Gets You Across Canada Take a real estate tour across the country to see what half a million dollars will buy you close to downtown in most major Canadian cities. By Jaelyn Molyneux January 29, 2015 We looked at what you can buy in Calgary for $515,000, but…

What $500,000 Gets You Across Canada

Take a real estate tour across the country to see what half a million dollars will buy you close to downtown in most major Canadian cities.

We looked at what you can buy in Calgary for $515,000, but what about the rest of the country? Here’s what you can get in some of the major cities across Canada for around $500,000*. The properties are all generally close to the centre of the city because that makes it a little more interesting, but in every city you can get more the further out you go.

*All of the prices are the list prices on MLS as of January 28, 2015.

Victoria

Where it is

1290 Vista Hts, Victoria, B.C. (3.7 kilometres from the Parliament Buildings)

How much it is

$494,000

What you get

It’s a 1928 house with five bedrooms and two bathrooms over 2,082 square-feet. It has some of those cute character details like crown mouldings, a butler’s pantry, leaded glass and hardwood floors. And, it wouldn’t be Victoria without a huge deck to enjoy the outdoors for more time each year than most of the rest of Canada.


Vancouver

Where it is

210, 1500 Pendrell St., Vancouver, B.C. (1 kilometre from Stanley Park)

How much it is

$499,000

What you get

You get a two bedroom, 950 square-foot condo in Vancouver’s West End. It comes with 9-foot ceilings and a covered balcony. The kitchen is tiny, but the building has a fitness centre with a racquetball court and a rooftop deck. Because it is a condo, you also get to pay $402 each month in maintenance fees.


Edmonton

Where it is

9947 89 Ave., Edmonton, AB (In the neighbourhood of Strathcona, near the river valley)

How much it is

$529,9000

What you get

This house was built in 1941 and has three bedrooms and two bathrooms. It also happens to have two kitchens. One upstairs that has been updated and another in the basement. You’re really buying location here. It is close to the river and Whyte Avenue and is in one of the best neighbourhoods in the city.


Calgary

Where it is

309 12 Ave. N.W., Calgary, AB (It’s in Bridgeland, across the river from downtown and East Village)

How much it is

$509,900

What you get

It’s a 1931 bungalow with 2014 renovations. There are three bedrooms and two bathrooms over 828 square-feet plus a basement.


Saskatoon

Where it is

126 9 St. E, Saskatoon, Sask. (A few blocks from Broadway Avenue)

How much it is

$489,900

What you get

You get four bedrooms and two bathrooms over 1,595 square-feet, but most noticeably you get a lot of wood work. There is wood on the coffered ceilings, lining the rec room, on beams on the cathedral ceiling and plus the usual places like floors and built-ins. The house was built in 1921. The kitchen is small but upgraded.


Winnipeg

Where it is

214 Girton Boulevard, Winnipeg, MN (In the Tuxedo area, a few blocks from Assiniboine Park and the river)

How much it is

$479,900

What you get

This is a 1929 house that has been upgraded over the years. It has three bedrooms and three bathrooms with a kitchen that opens into a living room with vaulted ceilings. The best part is the location close to the park.


Ottawa

Where it is

211 Crichton St., Ottawa, ON (Along Rideau River Pathway, three kilometres from Parliament Hill)

How much it is

$479,900

What you get

This is a townhouse is right across from Porter Island, the river and all of those river pathways. It has three bedrooms and 3.5 bathrooms over three storeys. It’s in trendy New Edinburgh, which might help make up for the slightly outdated kitchen.


Toronto

Where it is

410, 549 King St. E., Toronto, ON (3 kilometres to downtown and near the Distillery District)

How much it is

$489,000

What you get

It’s a two bedroom and two bathroom condo with a big balcony that gets you views of downtown Toronto. It’s close to Leslieville and the St. Lawrence Market. Monthly maintenance fees are a whopping $616.


Montreal

Where it is

510, 4225 Rue. St. Dominique, Montreal, QC (Four blocks from Mount Royal in the Plateau)

How much it is

$539,000

What you get

This one bedroom, 1.5 bathroom apartment has all the fancy extras – heated floors, air conditioning, a 200 bottle wine cellar, a fireplace in the bathroom, brick walls, hardwood floors, a rooftop patio and building concierge.


Halifax

Where it is

5292 South St., Halifax, NS (Within a kilometre of the Halifax Public Gardens)

How much it is

$515,000

What you get

It’s an old character house that has been mostly renovated with three bedrooms and two bathrooms. There’s a bonus room on the top floor and a rec room on the bottom floor.


Charlottetown

Where it is

187 Dorchester St., Charlottetown, PEI (Two blocks from Water Street and four blocks from Confederation Landing)

How much it is

$487,000

What you get

It’s a really old home that got a massive renovation in 2011. There are four bedrooms, three bathrooms and six brick fireplaces.


St. John’s

Where it is

55 Cochrane St., St. John’s, NFLD (In between Bannerman Park and St. John’s Harbour)

How much it is

$497,000

What you get

It’s one of St. John’s heritage homes that has been restored as well as renovated. The kitchen got an upgrade with marble and butcher block counter tops. There are spa bathrooms and walk-in closets. And, there are restored stained glass windows, pocket doors and mouldings.

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