Buying a home may seem like it's out of reach sometimes, but it all just depends on where you want to live. Canada's real estate market is as diverse as its population, and there are some really affordable locations out there. Even if you're single, it's entirely possible to own a house in some cities. Data compiled by Zolo offers a look at the best cities for Canadians who are living on a single income. These ratings are built on average house prices, the median income for one-person households, population growth, unemployment rate, and the gross earnings needed to buy a home. Editor's Choice: Dan Levy Got A Job After His Family Kicked Him Out Of A Moving Car In Front Of A Gap Kids Regina, Saskatchewan View this post on Instagram 🌟2986 Cranbourn Crescent ~ $255,000🌟 MLS® SK809406 Spacious well cared for condo with single attached garage in Windsor Park. Affordable 3 beds, 3 bath with fully developed basement. Location gives you easy access to all East end amenities such as schools, shopping & restaurants. 📲Call/text 306-530-9050 📸 To check out more photos & 3D tour, click on the link in my bio.👇🏼 . . #listingagent #newlisting #remax #remaxhustle #remaxagent #condolife #yqr #yqrcondosforsale #yqrhomesforsale #yqrrealestate #reginacondosforsale #reginahomesforsale #reginarealestate #therightagentforanymarket #topproducer #listingspecialist #remaxcrownrealestate #remaxregina #reginahomes #welcomehome #home #iknowrealestate #306 #regina #househunting #homesforsale #reginarealtor #realtor #yqrliving #buyme A post shared by Terrie Dunand (@terriedunand) on Oct 20, 2020 at 12:14pm PDT If you're living on a single income, then Saskatchewan's capital city might be the right place for you. Zolo's data shows that it's the most affordable city with an average house price of $290,000 and a median one-person income of $44,600. With a required gross salary of $52,000 for homeownership, that only leaves an affordability gap of $7,400, the lowest in the country. Saskatoon, Saskatchewan View this post on Instagram 🚨 JAWDROPPING NEW PRICE 🚨 ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Boasting just under 3,000 sq ft of beautiful, custom-built space, this Adelaide/Churchill home comes complete with style, sophistication, and efficiency that you just don't see every day. The open ceilings with wood beams draw your eyes upward, while the designer kitchen captivates even the most daring of chefs! And we're just getting started... ⠀⠀⠀⠀⠀⠀⠀⠀⠀ 2605 Clarence Avenue S, Saskatoon 3 Beds, 4 Baths, NOW JUST $554,900! ⠀⠀⠀⠀⠀⠀⠀⠀⠀ See all the details at edmachart.ca today! ⠀⠀⠀⠀⠀⠀⠀⠀⠀ #newprice #pricedrop #pricereduction #edmachart #saskatoonrealtor #homesforsalesaskatoon #justlistedsaskatoon #yxerealtor #saskatoonrealestate #justlistedyxe #c21fusion A post shared by Ed Machart (@edmachart) on Oct 20, 2020 at 9:23am PDT Nearby Saskatoon is a little bit more pricey, and has a higher affordability gap than Regina at $26,813. However, the average house price remains fairly low at just $389,000, and it received high scores both for its high population growth and its low unemployment rate, making it a solid choice for a single professional. Calgary, Alberta View this post on Instagram 134 8 Avenue NW - $794,900 – MLS: A1017978⠀ ⠀ This custom-built, 4 bed, 5 bath, home in Crescent Heights is complete with Stone & Acrylic Stucco exterior & stamped concrete patio, with great views of the city! The interior is finished with beautiful maple hardwood flooring with cognac finish as well as Travertine stone. Along with a gas fireplace in the family room, the kitchen has full stainless-steel appliances, granite counter tops and undermount sink. Also of note, is the master bedroom with 5-piece en-suite, including a jetted tub and great walk-in closet. Lastly the basement has an incredible built-in wall unit, pot lights, and in-floor heating.⠀ Call Jim Dasouki - Century 21 Bravo 403-863-6633 for more details, or check out this property at: https://jim-dasouki.c21.ca/⠀ ⠀ #c21bravo #century21bravo #jimdasouki #jimdasoukirealestateplace #crescentheights #yycliving #yycnow #calgarybuzz #yyc #yycrealtor #yycre #yycdesign #yychomes #calgaryhomes #calgaryrealestate⠀ A post shared by Jim Dasouki (@jimdasouki) on Oct 21, 2020 at 11:02am PDT The home of the famous Stampede is yet another one of the country's best cities for single people who want to buy property. While a home here has an average cost of $467,000, the median income for a single-person household is also fairly high at just over $52,000. Its single population is one of the highest in the country, which speaks to the ability of individuals to purchase their own homes in the city. Ottawa, Ontario View this post on Instagram SWIPE➡️ Sky Replacements Are A HUGE Advantage To Showcase Your Listing. 🏡 We Offer This Service With Every HDR Shoot.💯 Virtual Solution can bring your listing or business to another dimension with our 3D Virtual Tour Technology. We also provide HDR Photography, Video and 4K Drone footage. • • • • #virtualsolution #virtualtours #3dtours #matterport #360tours #virtualtourbusiness #virtualtoursottawa #ottawa #gatineau #360tour #virtualtour #realestate #realestateottawa #ottawarealtor #ottawarealestate #realestatemarketing #Hdrphotography #realestatephotograpy #skyreplacement #skyreplacements A post shared by Virtual Solution 🖥 (@virtual.solution) on Oct 21, 2020 at 1:28pm PDT The nation's capital has one of the higher average home prices at $543,000. However, this is still lower than the national average, and the city ranked well on its median income for one-person households, leaving about a $43,000 affordability gap. While that may seem rather large, it's still lower than some other markets across the country. Winnipeg, Manitoba View this post on Instagram Maplewood Ave A post shared by Chantal Klassen (@housesofwinnipeg) on May 7, 2020 at 9:01am PDT The surrounding areas of Winnipeg have seen a surge in popularity as more people are working from home, but the city proper is still a great choice for single people. With the average house price at $353,450, the required income for buyers is $70,000. While the median single-person income in the city leaves a roughly $32,000 affordability gap, its low unemployment rate still makes it a desirable choice. Edmonton, Alberta View this post on Instagram 👨💼Just listed by Chun Yuan 🔹 4097 Allan Crescent 🔹 $335,000 🔹 MLS ID: E4218582 🔹 www.LiveInitia.ca • • • • • • #yeg #yegre #yegrealestate #yegrealty #yegrealtor #yeghomes #yegmade #yeglocal #yegliving #yegblog #yeglistings #yegbiz #yegbuzz #yegphoto #igyeg #yeggers #edmontonliving #edmontonhomes #edmontonrealestate #realtor #realtorlife #realtorsofinstagram #realestate #realestateagent #realestateagency #realestatemarketing #justlisted #forsale #househunters #newlisting A post shared by 𝗜𝗡𝗜𝗧𝗜𝗔 𝗥𝗲𝗮𝗹 𝗘𝘀𝘁𝗮𝘁𝗲 (@liveinitia) on Oct 20, 2020 at 9:08pm PDT Edmonton has one of the more reasonable affordability gaps for people looking to own their own home, at just $16,065. With houses costing somewhere in the neighbourhood of $367,000 and a median one-person income of $47,935, Alberta's capital is an excellent option for the aspiring single homeowner.
