Real estate prices in Metro Vancouver are sky-high no matter how you slice it. There are brand new homes selling in Metro Vancouver that will give you sticker shock — but not for the reason you'd expect. We found a handful of cheap Metro Vancouver homes that are coming in at way under the typical $1 million price tag.

The Ferguson Place development right in the heart of has Abbotsford has homes that start at $699,900. That's not for half of a duplex or for an old-tear down.

That's the cost of a brand new single-family detached house. You'd never expect to find a home that's brand new and selling for this cheap.

It's almost less than half of what you'd pay for a typical new house. You can hardly even get a cheap apartment in Vancouver for less than $700,000, so these affordable homes in Abbotsford are a total steal.

Abbotsford is just an hour from Vancouver and it's a great alternative to living in Vancouver. Plus, there are a ton of cute hidden gems that make Abbotsford special.

If you've been dreaming of owning your own home that you can afford and that isn't a fixer-upper, then you can actually own one in Metro Vancouver right now.

The homes are cute and have a lot of character. The smallest home has three bedrooms and 2.5 bathrooms and about 1,800 square feet of space.

Inside, the houses are spacious, bright and homey. The bathroom has an ultra-modern frameless glass shower and a freestanding tub in the master ensuite.

Each house has high ceilings, glittering quartz countertops and an enclosed two-car garage.

For less than $700,000 it's incredible that you can get a brand new home when even $1 million in Vancouver can barely get you something shabby.

Can't imagine not living in Vancouver? You can get an affordable home, but it won't be a brand-new detached house like this, not even close.

Ferguson Place

Price: from $699,900

Address: 34121 George Ferguson Way, Abbotsford, BC 

Description: You can get an affordable three or four-bedroom home right in Central Abbotsford and it's brand new.

View Here

There are stories everywhere. If you spot a newsworthy event in your city, send us a message, photo, or video @NarcityCanada on Twitter and Instagram.