It’s no secret that venturing out on your own and buying a place to live can be pretty expensive if you’re not doing it with other people. However, depending on where you are in the country, there are spots where it can be cheap to purchase a single-person home with just your income. These are 11 affordable places to live in Canada for people who are buying on their own.

Whether people are buying a place for the first time or doing it for a second or third time, it can be harder on just one income than it would with two.

According to the Canada Mortgage and Housing Corporation's annual Mortgage Consumer Survey, 23% of first-time buyers in 2019 were single compared to just 11% for repeat buyers.

With that in mind, Zoocasa looked at 15 cities and regions across the country to figure out which places are better for self-partnered buyers.

They factored in the minimum down payment needed to buy a benchmark apartment, the median after-tax income in each city and how long a person would need to save 100% of their income to make the down payment.

Using these numbers, it’s no surprise that Vancouver and Toronto, known for how expensive they can be, are considered some of the least affordable areas for single people to buy.

Still, here are 11 places across the country where single people can afford to buy an apartment on their own with a down payment of $20,000 or less.

Fraser Valley, B.C.

Minimum down payment for a benchmark apartment: $20,275
Benchmark apartment price: $405,500
Median after-tax income: $28,646
Months needed to make that down payment: 8.5 months

Kitchener-Waterloo, Ontario

Minimum down payment for a benchmark apartment: $17,500
Benchmark apartment price: $350,000
Median after-tax income: $34,051
Months needed to make that down payment: 6.2 months

Ottawa, Ontario

Minimum down payment for a benchmark apartment: $16,240
Benchmark apartment price: $324,800
Median after-tax income: $41,026
Months needed to make that down payment: 4.8 months

Montreal, Quebec

Minimum down payment for a benchmark apartment: $16,035
Benchmark apartment price: $320,700
Median after-tax income: $29,617
Months needed to make that down payment: 6.5 months

Vancouver Island, B.C.

Minimum down payment for a benchmark apartment: $15,230
Benchmark apartment price: $304,600
Median after-tax income: $30,889
Months needed to make that down payment: 5.9 months

Calgary, Alberta

Minimum down payment for a benchmark apartment: $12,365
Benchmark apartment price: $247,300
Median after-tax income: $44,957
Months needed to make that down payment: 3.3 months

Winnipeg, Manitoba

Minimum down payment for a benchmark apartment: $11,480
Benchmark apartment price: $229,593
Median after-tax income: $32,865
Months needed to make that down payment: 4.2 months

Moncton, New Brunswick

Minimum down payment for a benchmark apartment: $10,120
Benchmark apartment price: $202,400
Median after-tax income: $29,210
Months needed to make that down payment: 4.2 months

Edmonton, Alberta

Minimum down payment for a benchmark apartment: $9,190
Benchmark apartment price: $183,800
Median after-tax income: $42,360
Months needed to make that down payment: 2.6 months

Regina, Saskatchewan

Minimum down payment for a benchmark apartment: $8,965
Benchmark apartment price: $179,300
Median after-tax income: $38,768
Months needed to make that down payment: 2.8 months

Saskatoon, Saskatchewan

Minimum down payment for a benchmark apartment: $8,475
Benchmark apartment price: $169,500
Median after-tax income: $26,930
Months needed to make that down payment: 2.8 months

Zoocasa's numbers are based on the assumption that people contribute 100% of their income annually to savings which is not possible for every single person, but it's nice to know that there's still hope for single homebuyers out there! 

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