All Things Financial thought it would be neat to “show you what $300,000 USD will buy you in various parts of the country.” So far there is one other Canadian entry in Ottawa, where $350k can buy you a nice house.
I searched MLS.ca for any houses in Vancouver West for under $350k but no luck. I did not think I would find anything. I have searched before and one usually cannot find anything half-decent for less than $600k or $700k. I checked Vancouver East and there were only 2 houses out of 452 that were around $350k. I do not think it would be fair to say that you can find a house for $350k in Vancouver East when there are only 2/452 at that price range. Looks like you can only get an apartment/condo for that price.
I did a search for anything in Vancouver West between $325k and 375k. I then looked for something that I would actually like to buy, something in Kitsilano for example. Well there isn’t much selection actually. It turns out that if you have $350k your best bet is somewhere downtown. There’s far more selection at that price range. Here’s the one I’ve chosen:
It offers a bit more square feet (723) than some of the others, probably because it is a bit older than many of the apartments for sale downtown; however, the strata fee of $265 is a bit higher than some of the others. It does offer “huge indoor pool, Jacuzzi, gym, squash court, entertainment room.”
4 thoughts on “What $350,000 CAD Gets You in Vancouver”
I live in Hamilton in a middle class residencial area on the “mountain” (raised escarpent actually). My modest brick bungaow with apx 1000 sq. ft including a finished basement goes for about half of the 350k (actually recently appraised by city for 169k for tax purposes).
Oh how I wish I was back in Ontario sometimes. I was in Waterloo for 2 years in 2002-2004 and at the time you could get a house in the low 100ks.