If you’ve ever thought that you could get more for your money in a different province, you could be right! Finding cheap houses for sale in Canada isn’t easy, but that doesn’t mean they don’t exist. In fact, you can find some incredible properties across the country for less than $50,000 — if you know where to look!
For Canadians that live in pricey cities like Toronto and Vancouver, getting on the property can sometimes feel impossible, especially if you’re already spending a small fortune on rent.
However, across the country there are some incredible opportunities to find a real bargain, and you can actually nab a home for less than $50K.
That said, some provinces are a little bit more affordable than others.
While you could land a seven bedroom farm house in one spot, you may only be able to find a two bedroom, chalet-style home in another.
Despite this, there’s so many amazing properties out there, and you’ll be amazed at how much bang you could get for your buck. In fact, some of these homes are seriously spacious.
There’s mega-cheap properties on the market across the whole of Canada, and if you’re prepared to put in a little hard work and give the house a bit of TLC, you could land your dream home for $50,000, or maybe even less.
Address: 5301 50 St., Bonnyville Town, AB
Description: Now this is a once-in-a-lifetime opportunity! This massive house has seven bedrooms and two bathrooms, and is a whopping 1,792 square ft. It does need some serious work doing to make it a liveable home again, but for just $41K, that's expected, right?!
Address: 118 - 1427 Dog Creek Rd., Williams Lake, BC
Description: It's not the biggest house on the list, but it's seriously affordable. This two bedroom house is described as "a perfect starter home," and it's not hard to see why. With new flooring, electrical, bathroom fixtures and windows, it's a steal for the price!
Address: 515 Minniedosa St., Newdale, MB
Description: If you're looking for an all-rounder, this is it. This three bedroom, two bathroom home has had a new roof, new windows, a huge basement and a new hot water tank. Even better, the washer, dryer, fridge, stove and microwave are thrown in. Score!
Address: 361 Sandy Point Road, Saint John, NB
Description: This good-looking home is almost the full package! While it definitely needs some small renovations inside, particularly in the kitchen and bathroom, it's a big house with tons of potential.
Newfoundland and Labrador
Address: 12 Back Rd., Upper Island Cove, NL
Description: This cute-as-a-button house looks just like a storybook cover! The three bedroom home needs a little bit of work inside, but nothing major. The property has outstanding views of the nearby harbour and hillside, and it's serious value for money.
Address: 11 Victoria St. W., Amherst, NS
Description: If you've ever dreamed of living in the house from Disney's UP, it doesn't get much closer than this. It's such a pretty house, and it's huge. However, it does need some serious work doing inside.
Address: 47 Timmins St., Red Rock, ON
Description: This property seems to be all-house and no-cost! There's three bedrooms, an open concept living area, a huge basement and a seriously impressive back yard. All it needs now is a little bit of TLC.
Prince Edward Island
Address: 8695 St. Peter's Rd., Morell, PE
Description: This charming home has some serious potential for the right buyer, and it's located in a great spot. Just minutes from Lakeside Beach and the Crowbush Cove Golf Course, your life could be a vacation! With two bedrooms and one and a half bathrooms, it's more spacious than it looks.
Address: 65 Rue McLean E., La Malbaie
Description: With a bit of love, passion and hard-work, this could be an amazing home. There's three bedrooms, a sizeable kitchen area, a utility room and a garden. There's loads of potential here for someone with a bit of vision!
Address: 1201 Robinson Street, Regina, SK
Description: This beautiful three bedroom, two bathroom home has a garden, basement, and a garage. While there's not too much information provided on the listing, we can assume it needs some serious work done, as it's so cheap! That said, for less than $35K, it's definitely worth checking out.