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
Ottawa convoy organizer Tamara Lich arrested in Alberta for alleged breach of bail conditions
Tamara Lich, one of the organizers of the Freedom Convoy, has been arrested in Alberta for alleged breach of bail conditions, CTV News has learned.
Child dies after being left in hot car while mother taught at Ontario high school, mayor says
An Ontario community is reeling after a 23-month-old boy died when he was accidentally left in a hot car outside the school where his mother taught, the mayor says.
G7 leaders discuss cap on price of Russian gas to squeeze war funds
Group of Seven leaders considered a possible cap on the price of Russian gas exports on Monday as a way to put the squeeze on the funding for Vladimir Putin's war with Ukraine.
Woman trampled, killed by horses at central Alberta rodeo: RCMP
A 30-year-old woman is dead after falling off a horse at the Ponoka Stampede on Sunday.
46 dead, 16 hospitalized after trailer of migrants found
Forty-six people were found dead in and near a tractor-trailer and 16 others were taken to hospitals in a presumed migrant smuggling attempt into the United States, officials in San Antonio said.
Russian missile strike hits crowded shopping mall in Ukraine
Russian long-range bombers fired a missile that struck a crowded shopping mall in Ukraine's central city of Kremenchuk on Monday, raising fears of what President Volodymyr Zelenskyy called an 'unimaginable' number of victims in 'one of the most disastrous terrorist attacks in European history.'
3 killed, dozens hurt in Amtrak train crash in Missouri
An Amtrak passenger train traveling from Los Angeles to Chicago struck a dump truck Monday in a remote area of Missouri, killing three people and injuring dozens more as rail cars tumbled off the tracks and landed on their sides, officials said.
Passport lines persist as urgent travellers get priority
As long lines persist, Canadians travelling in the next 24 to 48 hours are being given priority at some passport offices.
'Deepest apologies': Central Alberta rodeo organizers shocked by parade float
Organizers of a central Alberta rodeo and its parade committee are calling for calm after a float in this weekend's parade, which possessed a racist theme, was seen in the procession.
Montreal
-
Montrealer Nick Nemeroff has died, a 'devastating loss' for comedy community
Nemeroff was in his early 30s and had gathered a list of accolades, including appearing on Conan and at Just For Laughs and being nominated for a Juno. Raised in Montreal West, he also leaves behind a grieving family.
-
Montreal police make arrest in fatal shooting of 15-year-old Meriem Boundaoui
Montreal police have arrested their first suspect in the homicide of 15-year-old Meriem Boundaoui that happened almost a year-and-a-half ago.
-
Black blood donors needed: Hema-Quebec lacking matches for seriously ill Black patients
Black Quebecers suffering from serious disease like sickle cell anemia need more Black blood donors, whose blood is most likely to match their own. Hema-Quebec is trying to reach these 'under-represented' potential donors.
London
-
SIU clears LPS officer in shooting death of London man last October
The Special Investigations Unit has found that a London police officer did not commit a criminal offence in the shooting death of tennis coach Justin Bourassa last October.
-
Four teens facing charges after London police officer assaulted
Four London teenagers are facing charges Monday for their alleged involvement after a police officer was assaulted and knives and drugs were seized over the weekend, according to police.
-
New Omicron subvariant expected to become dominant COVID-19 strain in Ontario
A new subvariant of Omicron is expected to become the dominant strain of COVID-19 in Ontario, health officials say.
Kitchener
-
Courts will decide future of Kitchener encampment
As eviction day at a downtown Kitchener encampment looms, the region is doubling down that no one will be forcibly removed from the site on June 30 – the date it has said everyone living there must leave by.
-
Fire in Cambridge prompts road closure
A section of Boxwood Drive in Cambridge was closed Monday evening as crews responded to a fire at an industrial property.
-
Evidence of gunshot found in Kitchener neighbourhood
Evidence of gunfire has been found in the area of Avalon Place in Kitchener.
Northern Ontario
-
Sudbury's infant food bank needs special formula
Officials at the Sudbury Pregnancy Care Centre and Infant Food say they have seen a spike in families in need of help.
-
Northern agencies highlight national HIV testing day
Monday was national HIV testing day. Officials say this year's theme surrounds how getting tested is an act of self-care.
-
Sudbury welcomes accessible community garden
Sudbury Shared Harvest helped open a new accessible community garden at Ryan Heights Playground in the city.
Ottawa
-
Ottawa convoy organizer Tamara Lich arrested in Alberta for alleged breach of bail conditions
Tamara Lich, one of the organizers of the Freedom Convoy, has been arrested in Alberta for alleged breach of bail conditions, CTV News has learned.
-
'There won't be occupiers': City of Ottawa, police prepared for Canada Day protests
City of Ottawa staff and the Ottawa Police Service are ensuring residents that planned protests on Canada Day will not devolve into the kind of occupation that residents endured this past winter.
-
NEW THIS MORNING
NEW THIS MORNING | Canada's top golfer Brooke Henderson to receive Ottawa’s Key to the City
Brooke Henderson, the most successful professional golfer in Canadian history, will be given the Key to the City of Ottawa today.
Windsor
-
'We need a miracle!' Windsor food bank broken into night before Miracle Food Drive
Staff and volunteers at Divine Mercy Food Bank on Wyandotte Street East are hoping for a miracle after they say they were broken into early Monday morning.
-
Ford Fireworks excitement: Local residents and businesses anticipate biggest show yet
Businesses in the downtown area are excited for their sales to shoot up as the Ford Fireworks return to the Detroit River for the first time since the COVID-19 pandemic.
-
Running vehicle stolen from South Windsor parking lot prompts reminder from police
Police were able to quickly recover a vehicle that was stolen Saturday after it had been left running in a South Windsor parking lot.
Barrie
-
Barrie police investigating after man poses as OPP officer at traffic stop
Barrie police are warning the public to be cautious when getting pulled over after two suspicious traffic incidents in recent weeks.
-
Young person suffers life-threatening injuries in crash near MacTier
Paramedics rushed a young person to the hospital with life-threatening injuries following a two-vehicle collision in Georgian Bay Township near MacTier.
-
Speed cushions aim to accelerate safety on Barrie streets
Barrie officials are hoping the new pair of speed cushions on Montserrand Street will provide a big safety boost in the neighbourhood.
Atlantic
-
N.S. expands eligibility for 2nd COVID-19 booster doses, suggests waiting until fall to book appointments
Nova Scotia is expanding eligibility for second COVID-19 booster doses to include anyone aged 50 and over, however health officials are suggesting people wait to book appointments until the fall.
-
N.B. advocates plan rallies, fundraisers to support U.S. and Canadian abortion access organizations
After a weekend full of rallies and protests across North America, the outrage after the U.S. Supreme Court's decision to overturn Roe V. Wade hasn’t died down.
-
N.B. RCMP search for missing 82-year-old woman, vehicle located near bridge in Bouctouche
Richibucto RCMP is asking for the public's help in locating a missing 82-year-old woman from Sainte-Anne-de-Kent, N.B.
Calgary
-
'It was political satire': Lynne Hoff discusses her controversial parade float
The owner of a contentious Alberta parade float that sparked controversy after photos of it began circulating online this weekend is speaking out.
-
Expected population bump has city consider new housing developments
Despite goals of hitting climate targets and building up instead of out, the city is considering approving five new communities as it expects another 88,000 people to move here by 2026.
-
Ottawa convoy organizer Tamara Lich arrested in Alberta for alleged breach of bail conditions
Tamara Lich, one of the organizers of the Freedom Convoy, has been arrested in Alberta for alleged breach of bail conditions, CTV News has learned.
Winnipeg
-
Ottawa convoy organizer Tamara Lich arrested in Alberta for alleged breach of bail conditions
Tamara Lich, one of the organizers of the Freedom Convoy, has been arrested in Alberta for alleged breach of bail conditions, CTV News has learned.
-
Here's when u-pick strawberry farms will be open in Manitoba
With summer now in early bloom, so too are strawberry fields across Manitoba.
-
Long-standing auto shop in the Exchange District getting set to close its doors
J.W. McDonald Auto Service has had a few names over the years but it has always been able to provide vehicle service to Winnipeggers. But now, the Exchange District staple is gearing down and set to close its doors for good.
Vancouver
-
'There's nowhere for me to go': Lytton evacuees still displaced almost 1 year after wildfire
Many survivors of the catastrophic Lytton, B.C., wildfire have spent the last year moving from one temporary home to the next.
-
Struggling B.C. flood victims claim Red Cross has cut financial supports
People who lost everything when catastrophic flooding hit B.C. last year say financial support from the Red Cross fell far short and was cut off far too early.
-
'You think I could do that to a bear?' B.C. brothers awed by pet cat after caught-on-camera face-off
The Sturrock brothers describe their cat Tigger – a two-year-old Bengal – as a "ferocious beast" who stares down and scares off even the largest neighbourhood dogs. But last week, the fearless feline took things to a whole new level.
Edmonton
-
Woman trampled, killed by horses at central Alberta rodeo: RCMP
A 30-year-old woman is dead after falling off a horse at the Ponoka Stampede on Sunday.
-
Ottawa convoy organizer Tamara Lich arrested in Alberta for alleged breach of bail conditions
Tamara Lich, one of the organizers of the Freedom Convoy, has been arrested in Alberta for alleged breach of bail conditions, CTV News has learned.
-
'Just what you dream of': Garth Brooks reflects on 2 sold-out shows in Edmonton
As many Edmontonians were still recuperating from Garth Brooks fever Monday after his two- sold-out shows, the musician himself said he too was still recovering.