Saturday, April 1, 2023

Investing in a house: what can you purchase for $1 million throughout Canada?

“The times of simply discovering a indifferent dwelling for $1 million in Vancouver are within the rearview mirror,” mentioned Adil Dinani, gross sales consultant, Royal LePage West Actual Property Providers. “It is very important notice, nevertheless, that $1 million is perceived in another way throughout the Vancouver area. In some instances, it isn’t unusual to spend this quantity on a downtown condominium or a more moderen townhome in a longtime suburban neighbourhood, relying on the place you’re looking.”

Extra space for 1,000,000

If dimension issues, then these with $1 million to spend on a house have a number of decisions exterior the 2 largest housing markets.

In Montreal, the typical dwelling reasonably priced with that price range has 3.8 bedrooms, 2.4 bogs and a pair of,286 sq. toes of dwelling area; 523 sq. toes greater than the nationwide common. Within the outer suburbs, it could even stretch to a pool or massive backyard.

The common dwelling in Ottawa may present 3.6 bedrooms, 2.7 bogs and a pair of,408 sq. toes of dwelling area for 1,000,000 {dollars}; 645 sq. toes greater than the nationwide common.

And in Calgary, seven figures may purchase 3.1 bedrooms, 2.8 bogs and a pair of,242 sq. toes of dwelling area; 479 sq. toes greater than the nationwide common.

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles