These Are The Most Affordable Cities In Canada Where The Average House Costs Under $350K

Now that sounds a lot better than $1 million (we're looking at you, Vancouver).

These Are The Most Affordable Cities In Canada Where The Average House ...

If you've been looking to dive into the real estate market sometime soon, we've got the scoop on the most affordable housing markets in Canada.

According to a report from RE/MAX, the three most affordable places to buy homes in Canada all have an average sale price below $350,000.

The most affordable for 2021 is the St. John's metro area in Newfoundland. In that region, the average sale price is $307,619.

Next up is Regina, Saskatchewan, where the average sale price is $325,000. The third most affordable place is Winnipeg, Manitoba, where houses are selling for an average price of $335,055.

The rest of the top five most affordable places include Edmonton, Ottawa, and Calgary. Though, places aren't selling for under $350,000 in these cities like they are in St. Johns, Regina, and Winnipeg.

According to the report, Winnipeg and Regina have been two of the most affordable markets in Canada for years.

More from Narcity

Comments 💬

Our comment section is a place to promote self-expression, freedom of speech and positivity. We encourage discussion and debate, but our pages must remain a safe space where everyone feels comfortable and the environment is respectful.

In order to make this possible, we monitor comments to keep spam, hate speech, violence, and vulgarity off our pages. Comments are moderated according to our Community Guidelines.

Please note that Narcity Media does not endorse the opinions expressed in the comment section of an article. Narcity Media has the right to remove comments, ban or suspend any user without notice, or close a story’s comment section at any time.

First and last names will appear with each comment and the use of pseudonyms is prohibited. By commenting, you acknowledge that Narcity Media has the right to use & distribute your content across our properties.