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10 Places Where You Can Get a Home for Under $200,000 in Canada

The average sales price for a home in the Canadian real estate market is around $740,000. Even when Toronto and Vancouver are removed from the equation, house prices are still more than $600,000. But believe it or not, there are still some places where you can buy a home for under $200,000.

When the down payment, land transfer taxes, and the plethora of closing costs added to the mix to high housing prices, it can be challenging for the typical household to afford to purchase a single-family house, townhome or even a condominium unit.

Is the Canadian dream of home ownership dead in the water? Not exactly, because there are still many residential properties available that are selling for below $200,000. Sure, you may not be looking at buying a home in the heart of a big city for this price, but ownership is still doable in this heated housing environment.

So, where can you buy a home for under $200,000 anyway? You may need to open your eyes to one of the world’s most beautiful countries, and expand your search beyond southwestern Ontario and British Columbia.

Here is a list of 10 places where you can buy a home for less than $200,000.

Complete article : https://blog.remax.ca/10-places-where-you-can-get-a-home-for-under-200000/​

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