What will $500,000 buy you today?

We live in such as diverse area in Canada, or even B.C. for that matter. Prices can differ so dramatically with just an hour or so drive.

So what can you buy for $500,000 today? Well the truth is whether you are in Vancouver or as far east as Chilliwack (or even Agassiz) you really aren't going to find a decent detached home for under $500,000. So let's look at strata properties.

In Vancouver you can currently find a 1 bedroom, 657 square foot home in Mount Pleasant that is spotless clean and ready to move in for $500,000. 

In Richmond, that same money will get you at 2 bedroom 2 full bath 1,186 square foot condo with insuite laundry near the city centre.

In South Delta, you can find a 2 bedroom, 2 full bath condo which is only 12 years old in Tsawwassen's Beach Grove with just under 900 square feet.

Cloverdale's Clayton neighbourhood, $500,000 will get you a 1180 square foot 3 bedroom, 2 full bathroom townhouse which is only 4 years old and just a little further east in Langley you can buy a 4 bedroom 2102 square feet townhouse in the heart of the city.

A 12 year old townhouse is waiting for you in Abbotsford for $500,000 which is only 12 years old and features 4 bedrooms and 4 bathrooms  and over 2240 square feet or you can purchase a brand new townhome in Chilliwack that has 3 bedrooms and 3 full bathrooms on just under 2000 square feet of living space.

These are just a few examples of what $500,000 can get you. Of course there are many more examples . If you would like to find out what $750,000 or any other price range will get you in Metro Vancouver drop us a line. We are here to assist.

Main Photo: 303 1040 E BROADWAY in Vancouver: Mount Pleasant VE Condo for sale (Vancouver East)  : MLS® # R2196868


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