Cheap Homes

10 cheapest homes in Canada

Canada's median housing price is hovering just under $500,000 but that doesn't mean you can't find a home priced around $10,000. Check out these options for sale that can be found across Canada
Canada flag flapping in the wind. Buying Canadian real estate
Tony Webster

We often talk about luxurious, expensive properties and how extravagant they can be. Looking at these properties, one can easily get discouraged, especially if you just started saving for your first home.

However, we rarely touch on the other side of the spectrum – the cheapest homes. Although Canada’s average home price is hovering just under $500,000, this doesn’t mean that you can’t find a home priced 50 times less than that. Yes, there are some houses in Canada that are currently listed for as low as $10,000. Here are the cheapest properties currently for sale in Canada (as of April 13, 2020).

10 Cheapest Homes in Canada

1. 330 1st AVE E, Englefeld, Saskatchewan

Asking price: $8,400

The Details

  • Property Taxes: $1,116
  • 837 square-feet
  • Bedrooms: 2
  • Bathrooms: 2
  • # Days on the Market: 13

The cheapest house currently listed for sale in Canada is an abandoned house built back in 1935. Although the plumbing lines, roof and basement all need quite a bit of repairing to be done, you cannot overlook the huge potential of this house. With 2 bedrooms and 2 bathrooms, a home office, a laundry area, and a backyard porch, this house can be turned into a dream home with a bit of love.

2. 227 2nd AVE W, Canora, Saskatchewan

Asking price: $9,500

The Details

  • Property Taxes: $1,400
  • Size: 600 square-feet
  • Bedrooms: 1
  • Bathrooms: 1
  • # Days on the Market: 85

Currently for sale “as is”, this house in Saskatchewan will come with everything inside it, so you won’t even have to bother to buy furniture or appliances. It has 1 bedroom and 1 bathroom ND  2nd floor with an extra room. If you have the time and will to do the necessary repairs, this can be turned into a lovely home in no time.

3. 10 Rue de La Sarre, Duparquet, Quebec

Asking price: $10,000

The Details

  • Property Taxes: $749
  • Size:  600 square-feet
  • Bedrooms: 2
  • Bathrooms: 1
  • # Days on the Market: ?

This 1-storey, single-family home is currently listed for sale in Quebec. It was built in 1940 and can be bought for exactly $10,000. Although there is not much information about the property itself, you can contact the seller to find out more about what can be your future home.

4. 218 Main ST, Jansen, Saskatchewan

Asking price: $12,500

The Details

  • Property Taxes: $962
  • Size: 640 square-feet
  • Bedrooms: 1
  • Bathrooms: 1
  • # Days on the Market: ?

Located in a quiet neighbourhood, this single-family detached home has 1 bedroom and 1 bathroom, but plenty of space to expand it and adjust it to your needs and taste. It also comes with a detached garage and 2 parking spaces, so you won’t be faced with additional expenses to find a place for your vehicles.

5. 720 Rue du Clocher, Auclair, Quebec

Asking price: $12,900

The Details

  • Property Taxes: ?
  • Size: ?
  • Bedrooms: 4
  • Bathrooms: 2
  • # Days on the Market: ?

A unique opportunity to own a 4 bedroom, 2 bathroom single family home for an extremely affordable price. This spacious 2-storey property can accommodate a family and is pretty well preserved. It has hardwood flooring throughout the whole house, granite countertops, and several new appliances throughout the house, so you would be getting a real bargain. Note that the owner has required a $2,000 deposit for the property.

6. 1037 Charleston Road, Charleston, New Brunswick

Asking price: $14,900

The Details

  • Property Taxes: $893
  • Size: 1,073 square feet
  • Bedrooms: 3
  • Bathrooms: 1
  • # Days on the Market: 10

Located in a quiet suburban neighbourhood in New Brunswick, this decently-sized home has a spacious hallway that takes you into the living room and the bathroom, and another large hallway that leads to all 3 bedrooms. Everything is sold as you see it in the listing, but the house still needs some repairs to get it in an ideal condition.

7. 5424 Route 108, Lower Derby, New Brunswick

Asking price: $14,900

The Details

  • Property Taxes: $191
  • Size: 672 square-feet
  • Bedrooms: 2
  • Bathrooms: 1
  • # Days on the Market: 56

Coming with a single detached garage and a storage shed, this house has everything you would need for a humble start in New Brunswick. It spans to around 672 square feet which consist of a kitchen, a living room, a dining room, 2 bedrooms and a full bathroom. A great fixer-upper project for anyone looking to put their roots down in the city, but can’t afford the expensive housing in the city centre.

8. 206 7th AVE W, Assiniboia, Saskatchewan

Asking price: $14,900

The Details

  • Property Taxes: $1,516
  • Size: 651 square-feet
  • Bedrooms: 1
  • Bathrooms: 1
  • # Days on the Market: 85

This 1 bedroom, 1 bathroom house is move-in ready with everything you may need for starters –a well-organized kitchen with wooden cabinets, a spacious living room, and an updated structure with freshly painted walls. Although you would need to buy your own furniture, this house has great potential to be turned into an amazing family home.

9. 2850 Ch. des Pruniers, La Tuque, Quebec

Asking price: $15,000

The Details

  • Property Taxes: ?
  • Size: 3,789 square-feet
  • Bedrooms: 1
  • Bathrooms: 1
  • # Days on the Market: ?

Although currently selling as a property to demolish and build on, this property’s potential to become an amazing family home shouldn’t be overlooked. Although the furniture, appliances and structures are older, with some TLC and a bit of investment, you can transform this property into a cosy, rural home!

10. 17 Rue de La Sarre, Duparquet, Quebec

Asking price: $15,000

The Details

  • Property Taxes: $972
  • Size: 920 square-feet
  • Bedrooms: 2
  • Bathrooms: 1
  • # Days on the Market: ?

The last, but definitely not the least property in our list of the cheapest properties in Canada is located in Quebec. It’s a single-family detached home that offers quite a good amount of space. Although it’s currently a 1 bedroom home, the size allows you to restructure it and include several bedrooms and baths in it. It’s ideal as a first house for young people that are just moving in Canada.

Buying your first home doesn’t have to drain your whole budget or leave you in debts. Sometimes, you can start humbly and build your way up over time. The best way is buying some of these affordable homes, some of which cost less than a bottle of wine. Give them a bit of love and you will see the true potential they hold.

Angela Manevska
Angela Manevska

Angela is a freelancer who writes and specializes in article and blog writing. Her experience in finance has allowed her to write about a variety of topics including finance, business planning, and real estate.

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