Canada’s real estate market continues to simmer, even in the midst of the pandemic, but it’s still possible to find some big bargains. If being far from an urban centre and rolling up your sleeves for some extensive renovations isn’t a factor, you’ll be blown away by the prices of these 10 properties in various parts of the country.
3-Bedroom Alberta Bungalow
Location:
Manning, AB
Price: $35,000
Stats: Three bedrooms, one bathroom, 845 square feet
Related: What to Expect for the Canadian Real Estate Market in 2021
3-Bedroom Alberta Bungalow
Described in the listing as an “older three-bedroom bungalow,” the home is said to be suitable for a small family or as an income property. Conveniently located in the town of Manning – about 75 km north of Peace River, with a population of just under 1,200 – the home is walking distance to the river and downtown area. The home is also described as being “perfect for the handyman!”
Related: 10 Tiny Towns in Canada with Gorgeous Real Estate
Affordable Fixer-Upper in Beautiful BC
Location:
Prince Rupert, BC
Price: $59,000
Stats: Two bedrooms, one bathroom, 770 square feet
Related: These Are the Houses You Can Get on a $300K Budget Across Canada
Affordable Fixer-Upper in Beautiful BC
As the listing for this Prince Rupert home bluntly points out, the home might be a tear-down that’s beyond renovation. “This home is of little or no value,” the listing declares. “The only value is in the land.” As for the location, the home is conveniently situated within the port city in northern British Columbia, with an estimated population of more than 12,000.
Related: 10 Things You Need to Know Before You Buy a Piece of Land
A Country Home in Manitoba
Location:
Brokenhead, MB
Price: $39,900
Stats: Two bedrooms, one bathroom, 952 square feet
Related: People Are Leaving Cities, Causing a Price Surge in Suburban and Rural Areas
A Country Home in Manitoba
Located in Manitoba’s Brokenhead municipality, near the town of Beausejour, this home is situated near a local golf course. It’s also just a quick stroll to the Brokenhead River, where the listing points out one can “launch your tube/kayak/canoe and enjoy a day of beautiful Sunshine.” It’s also described as a “great spot close to town.”
Modest Saskatchewan Bungalow
Location:
Frontier, SK
Price: $15,000
Stats: One bedroom, one bathroom, 668 square feet
Related: Here’s How Property Tax Compares in Canada From Coast to Coast
Modest Saskatchewan Bungalow
“Want a home you can really afford? This home located in Frontier, SK is exactly right,” declares the listing for what’s described as “a modest bungalow with a large sunny kitchen, living room at the front, a roomy bedroom, main floor laundry and a full three-piece bath. Designed for the minimalist, this home has a large yard and a peaceful location. Live within your means and invest in yourself.”
Hobby Farm in Rural Ontario
Location:
Rainy River, ON
Price: $38,500
Stats: Three bedrooms, one bathroom, 1,070 square feet
Related: This is What Toronto Condos Priced at $400K or Less Look Like
Hobby Farm in Rural Ontario
According to the listing, this acreage – situated just a couple of minutes east of Rainy River, ON – could make “a great little hobby farm” for someone with “the energy and imagination” to polish up the home. Sure, the listing adds, “there’s work to be done but if that doesn’t scare you, this is a great opportunity to build sweat equity in your own little dream.”
A Burnt Beauty in Prince Edward Island
Location:
Miscouche, PEI
Price: $34,900
Stats: 1.5 storeys, built in 1870
Related: 20 of the Best Off the Radar Spots for a Vacation Home in Canada
A Burnt Beauty in Prince Edward Island
According to the listing – and, to be fair, your own eyes – this PEI home has suffered extensive fire damage on its rear side. “It is a fixer-upper,” notes the listing for the home, which is situated on a 50-foot-by-200-foot lot. The listing also notes that the price is negotiable for those who want to tackle repairing the home, but not if the buyer requests that be torn down instead. “Not many places like this around in this market,” the listing adds.
Super Affordable Quebec Triplex
Location:
Thetford Mines, QC
Price: $20,000
Stats: 6 rooms, one bathroom, built in 1902
Super Affordable Quebec Triplex
While this three-unit, two-storey triplex could use a facelift, it’s livable, and could be a sweet deal for someone with the necessary DIY skills to bring it up to snuff. And the best thing about the place? According to the listing, the monthly mortgage payment would be a mere $77.97 per month.
New Brunswick Heritage Home
Location:
Upper Kent, NB
Price: $25,900
Stats: Two bedrooms, one bathroom, 1,000 square feet
Related: 10 of the Most Undervalued Real Estate Markets in Canada
New Brunswick Heritage Home
As the listing points out, this 1939 home would be ideal for an enterprising house-flipper, or as a starter home for someone with solid renovating skills. “Convenient location to everything in Upper Kent and to the highway to Bath, Florenceville-Bristol,” the listing notes, adding that the place “needs some TLC but is priced to reflect such. As a bonus, some rooms – including both bedrooms – feature the original hardwood flooring.
Starter Home in Nova Scotia
Location:
Pictou, NS
Price: $39,000
Stats: Two bedrooms, one bathroom, 860 square feet
Starter Home in Nova Scotia
“Cozy two bedroom starter home with some recent renovations already completed,” notes the listing for this modest home, which is situated on a corner lot. In addition to a new oil tank that was installed in 2020, “immediate occupancy is available on this one.”
Newfoundland Home With an Ocean View
Location:
Marystown, NL
Price: $34,900
Stats: Four bedrooms, one bathroom, 1,200 square feet
Related: HGTV Canada’s Newest Show Will Put Newfoundland on Your Destination Bucket List
Newfoundland Home With an Ocean View
Located in “a great area of Marystown,” the listing for this home boasts of its “water views.” Meanwhile, there’s also an “open-concept feel with kitchen and living space.” The home is said to be “ideal for the first-time home buyer, retired couple, an investment property or great to use as a home away from home.” Want to see how prices have changed since last year? Check out these incredibly cheap houses for sale in Canada from 2020.
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