03/24/2026
Here’s something interesting for anyone thinking about buying a home in 2026…
If you are looking to buy a single-family home in Canada with a budget 500K, and you are only considering cities with a population over 50,000, there are still several options where your money goes further.
Here are three more cities where five hundred thousand dollars can get you a single-family home:
London, Ontario
With five hundred thousand dollars, you can find a decent single-family home in a family-friendly neighborhood. Compared to Toronto, London offers much more space and affordability for the same budget.
Saskatoon, Saskatchewan
Your budget allows you to purchase a comfortable home with a yard and multiple bedrooms. Saskatoon’s housing prices are still very reasonable compared to major Canadian markets.
Moncton, New Brunswick
In Moncton, five hundred thousand dollars can get you a spacious detached home in a good area. The city is growing but home prices remain far below the national average, making it an attractive option for buyers looking to maximize value.
Even in 2026, with a fifty thousand population minimum in mind, your budget can go a long way if you know where to look.
Which of these cities would you move to for a more affordable home?