Cheap Homes

9 cheapest homes for sale in Canada

The real estate market in Canada can be fairly expensive with the median house price sitting around $489,800. This can seem seriously overwhelming if you are on a budget but don’t worry, there are still lots of cheap homes for sale in Canada From small traditional properties to fixer-uppers, here are some of the cheapest homes for sale in Canada.
10 cheapest homes for sale in Canada. June 2018

The real estate market in Canada is changing once again. According to statistics from the Canadian Real Estate Association (CREA), approximately 60% of the housing markets in Canada recently went through a pricing correction — and put them firmly into balanced territory, where demand meets supply. That’s why we wanted to look at the cheapest homes for sale in Canada.

Who doesn’t like a deal? If you are looking for a home and have a very small budget, here are the nine cheapest homes that are currently for sale in Canada (as of June 5, 2018).

1. 20 – 133 Jarvis Street, Hinton Hill, Alberta

Asking Price: $10,000

cheapest homes in canada

The Details

  • Property Taxes: ?
  • 1,108 square-feet
  • Bedrooms: 3
  • Bathrooms: 1
  • # Days on the Market: 114

This traditional three-bedroom mobile home is being sold where it is, so it comes with the land as well as the home. The home was built in 1972, and it is an absolute steal!

2. 241 2nd Ave E, Bengough, Saskatchewan

Asking Price: $10,000

The Details

  • Property Taxes: ?
  • 464 square-feet
  • Bedrooms: 2
  • Bathrooms: 1
  • # Days on the Market: 289

This spacious 1 1/4-storey home is located in the town of Bengough, and it comes with a full-sized basement. There is also a front verandah that is perfect for people who enjoy the outdoors, as well as a garden space.

3. 34 Shand Trailer Park, Grande Cache, Saskatchewan

Asking Price: $12,000

The Details

  • Property Taxes: ?
  • 821 square-feet
  • Bedrooms: 2
  • Bathrooms: 1
  • # Days on the Market: 106

This home is a great starter home for a young couple! It comes with two bedrooms, a bathroom and a large porch. There is also a wood stove behind the home, which can be used to reduce heating costs when the weather is cold. The property has been updated over the last few years, so it has modern amenities throughout.

4. 0 Little Branch Road, Black River-Hardwicke, Alberta

Asking Price: $12,000

The Details

  • Property Taxes: ?
  • ? square-feet
  • Bedrooms: 4
  • Bathrooms: 1
  • # Days on the Market: 289

This sweet home is on a quiet, peaceful road in the beautiful town of Black River Bridge in Alberta. The home comes with over half an acre of land, but it does need serious repairs, so it is best suited to someone who is happy to take on a renovation project.

5. 211 – 6220 17 Avenue Southeast, Red Carpet, Calgary, Alberta

Asking Price: $12,000

The Details

  • Property Taxes: ?
  • 715 square-feet
  • Bedrooms: 2
  • Bathrooms: 1
  • # Days on the Market: 76

This affordable home in Calgary, Alberta has recently undergone renovations, including a new laminate floor, freshly painted walls and a storm door. There is a large pantry and living room inside, as well as two bedrooms and a bathroom. Outside, you can find a parking space that is big enough for two cars.

6. 120 2nd Ave S, Maymont, Saskatchewan

Asking Price: $12,500

The Details

  • Property Taxes: ?
  • 704 square-feet
  • Bedrooms: 2
  • Bathrooms: 1
  • # Days on the Market: 22

This home in Maymont, Saskatchewan is in a very quiet area and there are services available to the house. The house is sold as is, without any history of the property. This could mean disaster for anyone not prepared to do a considerable amount of work to the place, but at this price who’s complaining?

7. 8 Lake Street, Fortune, Prince Edward Island

Asking Price: $12,600

The Details

  • Property Taxes: ?
  • 1109 square-feet
  • Bedrooms: 3
  • Bathrooms: 2
  • # Days on the Market: 119

This fixer-upper property has a living room, a large kitchen, a family space and a bathroom. There are two bathrooms upstairs. The top floor of the house needs work, but it is very large and spacious – so for the right person, this could be a very profitable project.

8. 115 2nd Avenue E, Kyle, Saskatchewan

Asking Price: $13,000

The Details

  • Property Taxes: ?
  • ? square-feet
  • Bedrooms: ?
  • Bathrooms: ?
  • # Days on the Market: 2

This home is located on the highway that travels through Kyle, and it can be used as a home for a business. It is in the middle of a large farming area, and while the house does need work, it is solid. However, the basement is caving in, so the buyer would need to pull the house back, at the very least. You can bet more work would also be required.

9. 3 Guy Street, Sydney Mines, Sydney Mines, Nova Scotia

Asking Price: $14,000

The Details

  • Property Taxes: ?
  • 949 square-feet
  • Bedrooms: 3
  • Bathrooms: 1
  • # Days on the Market: 75

This sweet home is within walking distance from town, and it is a great starter house for a young couple. It has a furnace and a hot water tank, as well as newer windows.

Amy Johnson
Amy Johnson

Amy Johnson is a freelance writer and marketing manager. She loves writing, reading and a good cup of tea.