What $1 million gets you in real estate markets across Ontario
Both the Canadian and Ontarian real estate markets saw a record-breaking first quarter in 2022, with housing prices reaching new heights and sellers remaining well-positioned.
As of March, the average price of an Ontario home was $1,052,920. In the Greater Toronto Area, the average price is sitting at $1,269,900.
The Greater Toronto Area isn't the only area breaking real estate records in the first quarter of the year either — prices of detached homes in the four Golden Horsehsoe communities — Barrie, Cambridge, Kitchener-Waterloo and Oshawa — all surpassed $1 million for the first time.
The rise in prices is indicative of a larger national trend. Since last year, the national average home price climbed by more than 20 per cent to hit a record $816,720 in February.
With so many price tags hovering around the $1-million mark, buyers might be wondering how far a budget of that amount could get them across Ontario’s real estate markets.
Well, it depends on where you’re looking.
Here are a selection of Ontario real estate listings for under $1 million.
TORONTO
117 North Bonnington Ave can be seen above. (RE/MAX)
Address: 117 North Bonnington Avenue, Toronto, ON.
Property type: Townhouse
Asking price: $999,900
Bedrooms: Three
Bathrooms: Two
KITCHENER
22 - 93 Gage Ave can be seen above. (RE/MAX)
Address: 22 - 93 Gage Avenue, Kitchener, ON.
Property type: Condo
Asking price: $829,000
Bedrooms: Three
Bathrooms: Three
WINDSOR
533 Mountbatten Crescent can be seen above. (RE/MAX)
Address: 533 Mountbatten Crescent, Windsor, ON.
Property type: Detached home
Asking price: $999,900
Bedrooms: Four
Bathrooms: Three
NORTH BAY
59 Janey Avenue can be seen above. (RE/MAX)
Address: 59 Janey Avenue, North Bay, ON.
Property type: Detached home
Asking price: $779,900
Bedrooms: Five
Bathrooms: Three
OTTAWA
711 Spring Valley Drive can be seen. (Google Maps)
Address: 711 Spring Valley Drive, Ottawa, ON.
Property type: Detached home
Asking price: $999,900
Bedrooms: Four
Bathrooms: Three
NIAGARA-ON-THE-LAKE
23 Windsor Circle can be seen above. (RE/MAX)
Address: 23 Windsor Circle, Niagara-On-The-Lake, ON.
Property type: Townhouse
Asking price: $999,900
Bedrooms: Four
Bathrooms: Four
THUNDER BAY
2316 Falconcrest DrIve can be seen above. (RE/MAX)
Address: 2316 Falconcrest Drive, Thunder Bay, ON.
Property type: Detached home
Asking price: $969,000
Bedrooms: Four
Bathrooms: Four
HEARST
908 Halle Street can be seen above. (RE/MAX)
Address: 908 Halle Street, Hearst, ON.
Property type: Detached home
Asking price: $750,000
Bedrooms: Four
Bathrooms: Two
LONDON
1177 Crumlin Sideroad can be seen above. (RE/MAX)
Address: 1177 Crumlin Side Road, London, ON.
Property type: Detached home
Asking price: $999,000
Bedrooms: Five
Bathroom: Three
BARRIE
207 Dunsmore Lane can be seen above. (RE/MAX)
Address: 207 Dunsmore Lane, Barrie, ON.
Property type: Detached home
Asking price: $999,000
Bedrooms: Six
Bathrooms: Four
With files from CP24’s Chris Fox.
CTVNews.ca Top Stories
Ukrainian medic released in prisoner exchange accuses captors of torture
A well-known Ukrainian paramedic who was held prisoner by Russian and separatist forces for three months after being captured in the southeastern city of Mariupol has accused her guards of psychological and physical torture during her time in captivity.
Conservative party disputes Brown’s allegation political corruption behind his disqualification
Patrick Brown is alleging political corruption played a role in his disqualification from the Conservative Party of Canada's leadership race, a move that came following allegations that his campaign violated election financing rules.
Intense video shows worker dangling from crane at Toronto construction site
Video has emerged showing a worker dangling in the air above a Toronto construction site after accidently getting entangled in a tagline attached to a crane.
'We are patriots': Ukrainians cling to life at front line against Russia
While towns and villages around the capital of Kyiv have begun to rebuild after the Russians withdrew months ago and world powers discuss long-term recovery, others in eastern Ukraine still cannot sleep soundly.
U.K.'s Boris Johnson defiant even as dozens of officials quit
British Prime Minister Boris Johnson has rejected clamors for his resignation from his Cabinet and across the Conservative Party, digging in his heels Thursday even as dozens of officials quit and previously loyal allies urged him to go after yet another scandal engulfed his leadership.
Brittney Griner trial in Russia resumes amid calls for U.S. to strike deal
Jailed American basketball star Brittney Griner returns to a Russian court on Thursday amid a growing chorus of calls for Washington to do more to secure her release nearly five months after she was arrested on drug charges.
Feds intend to keep ArriveCan for its data on COVID-19-positive travellers: sources
The federal government has no intention of dropping the controversial ArriveCan app because it gives the Public Health Agency of Canada (PHAC) key health information about travellers who test positive for COVID-19 through testing at airports and land borders, senior government sources tell CTV News.
Patrick Brown to remain on Conservative leadership ballots despite disqualification
Despite being disqualified by the Conservative Party of Canada from becoming its next leader, ousted candidate Patrick Brown's name will still appear on the ballot.
Air Canada temporarily bans pets from baggage hold over delays
Air Canada said on Wednesday it will not allow animals in the baggage hold until Sept. 12 due to 'longer than usual' delays at airports, as carriers and airports wrestle with complaints over lost luggage and long lines.
Montreal
-
WATCH LIVE @ 9 A.M.
WATCH LIVE @ 9 A.M. | With another COVID climb, Quebec health minister calls news conference for Thursday morning
With COVID-19 cases and hospitalizations on the rise in Quebec, public health officials have called a news conference for Thursday morning.
-
'Not a time when Quebec can afford to lose young doctors,' province's opposition leader says of ER exodus
The leader of Quebec's Liberal Party paused her vacation briefly on Wednesday to react to the news that two young emergency room doctors have quit their jobs in their hometown of Montreal to work in Toronto.
-
Montreal drag queen says story hour event for kids abruptly called off
A prominent Montreal drag queen who recently faced pressure from critics over library readings to young children says her storytime events scheduled for the fall were abruptly called off for unknown reasons.
London
-
More ER closures in Listowel and Wingham
Once again due to staff shortages, the emergency departments at both Listowel and Wingham hospitals will be closed overal several upcoming dates.
-
OPP identifies victim of fatal motorcycle collision near Woodstock
Provincial police have identified the victim of a deadly motorcycle collision that occurred earlier this week.
-
Victim of fatal head on collision identified: Oxford County OPP
The victim of a fatal head on collision earlier this week in Blandford-Blenheim has been identified as a 41-year-old man from Plattsville.
Kitchener
-
18 Waterloo region stores report overnight break-ins Wednesday: police
Break-ins targeting restaurants, salons, dress shops and cannabis stores have been reported in Kitchener, Waterloo and Woolwich.
-
'There’s no great answer': Low-income tenants weigh options in Cambridge as renovations push them out
Tenants of the Tiger Lofts, an affordable apartment building in Cambridge, say they’re being “renovicted” and won’t be allowed to stay after extensive renovations.
-
Sexual assault in McLennan Park under investigation
Police are looking for a man who allegedly grabbed and sexually assaulted a woman in a Kitchener park.
Northern Ontario
-
Sudbury church holding scrap car fundraiser
Christ the King Church in Sudbury is looking for your scrap vehicle.
-
Northern Ontario offers a variety of places to explore
Whether you’re looking for a change of pace, a breath of fresh air, or a glimpse into nature, northern Ontario has an outdoor oasis waiting to be discovered.
-
Station Mall merchants waiting to hear from new owners
The chair of the Station Mall Merchants Association says news of the mall's sale to a southern Ontario holding company brings to a close years of uncertainty regarding the future of the property.
Ottawa
-
NEW THIS MORNING
NEW THIS MORNING | Bluesfest is back today after two years of COVID-19 cancellations
Fans will be packing into the grounds at LeBreton Flats tonight for the first in-person Bluesfest since 2019.
-
Ottawa senior says he lost life savings investing with company now facing fraud charges
An Ottawa senior citizen says he lost his life savings after investing with a real estate development firm that has been charged with fraud.
-
One person suffers life-threatening injuries in west Ottawa shooting
Ottawa police are on the scene of a shooting that injured one person in the city's west end.
Windsor
-
Pedestrian struck by train in Chatham, Ont.
Emergency crews were on scene after a pedestrian was struck by a train late Wednesday afternoon in east Chatham.
-
Enwin Utilities puts customers on notice following phone scams
Shawn Lippert received a scary call Monday morning. “I got a guy on the other end and said, ‘Hi this is Enwin. We're giving you a courtesy call.’” Lippert was told his Scareshouse Windsor business account was in arrears and service was about to be cut off.
-
'Is your urgency an emergency?': Windsor-Essex hospital officials appeal to public to reduce hospital and EMS wait times
With the hospital system in Windsor-Essex continuing to operate under tremendous pressure, healthcare leaders are asking residents to reserve calling 911 for emergency situations only, and to seek alternate care for non-medical emergencies.
Barrie
-
Farmers fed up with canola field selfie fad
Farmers in southern Ontario say they are fed up with a selfie fad that has caused thousands of dollars in damages.
-
Ontario school buses equipped with new lighting system to stop drivers this fall
School buses may be parked for the summer, but come fall, they will be equipped with a new lighting system to catch drivers' attention.
-
Trudeau chats with locals in surprise stop at Barrie area farm
Strawberry pickers at Barrie Hill Farms saw more than fresh berries when Prime Minister Justin Trudeau visited.
Atlantic
-
Person in hospital with serious injuries following Halifax shooting: police
A person has been taken to hospital with serious injuries following a shooting in Halifax Wednesday night.
-
Halifax police, dive team searching for missing swimmer at King's Wharf
Halifax Regional Police and fire crews are investigating after receiving reports of a missing swimmer in Dartmouth.
-
Cassidy Bernard's ex-boyfriend sentenced to 15 years for manslaughter in her death
The ex-boyfriend of Cassidy Bernard has been sentenced to 15 years in prison for manslaughter and a consecutive three years for child abandonment in connection with the young mother's death.
Calgary
-
Why is gas more expensive in Calgary than Toronto? Retail experts weigh in
Calgary drivers might be asking why the price of gasoline is more expensive in their energy rich province where oil is refined and extracted than in Ontario, but one retail expert claims to have the answer.
-
Shots fired in Bankview Wednesday afternoon
Police are investigating after receiving reports of shots fired late Wednesday afternoon in Bankview.
-
RCMP on scene of hit and run in Blackfalds
Blackfalds RCMP were called to the scene of a serious hit and run collision Wednesday evening.
Winnipeg
-
'Irreconcilable differences': Councillor, fired assistant clash in election race
A political breakup at Winnipeg City Hall is creating intrigue in a council race.
-
Community organization wants to install cameras to enhance downtown safety
A community organization is proposing a network of cameras in an effort to bolster safety throughout the area.
-
Dire shortages leave Melita residents with no ER services for the summer
Residents in a southern Manitoba town are asking questions as to why they are facing a summer with no emergency room.
Vancouver
-
Unclaimed $15M lottery ticket sold last August in B.C. set to expire
Someone in British Columbia could be sitting on a lottery ticket worth a whopping $15 million – but there's only a few weeks left to claim the jackpot.
-
Internal conflict dominates AFN General Assembly for second straight day
For the second consecutive day, emergency resolutions related to a conflict between the Assembly of First Nations National Chief and the organization's executive council threw the agenda into chaos.
-
Park board staff debating if logs should return to Vancouver beaches
The large logs that have lined the water’s edge at many Vancouver beaches have been a favourite lounging spot for sun worshipers for over 50 years.
Edmonton
-
Man sentenced to 15.5 years for kidnapping, sexually assaulting Edmonton girl
Wade Stene, who admitted to kidnapping and sexually assaulting an eight-year-old Edmonton girl, was sentenced to 15.5 years behind bars Wednesday afternoon.
-
Hazmat team called to investigate white powder at Edmonton school
Emergency crews were called to a Mill Woods school on Wednesday after a security guard reportedly experienced irritation on their hands after finding a white powder.
-
RCMP on scene of hit and run in Blackfalds
Blackfalds RCMP were called to the scene of a serious hit and run collision Wednesday evening.