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Property snoop: What $400,000 buys across Canada this week

A nosy look at oceanfront property in PEI, a Mad Men–style split level in Ontario and a spacious condo in Greater Vancouver.
By Amanda Ross
Property snoop: What $400,000 buys across Canada this week

1. A spacious condo in a pretty Vancouver suburb

What $400,000 buys across Canada 3 bedroom condo Delta British Columbia The condo is located 10 minutes from the ferry terminal for Vancouver Island and the Gulf Islands.

Address: #203, 1250 55 St.
Where: Delta, British Columbia Price: $399,000 Specs: 2 bedrooms, 2 baths The Greater Vancouver real estate market may be cooling, but getting any sizeable space for under $400k is still a trick — which is why this 1,390-square-foot condo in the suburb of Delta is a solid deal (it’s under the assessed value—unheard of just four months ago). Its neutral palate is easy to work with and when the new bridge connecting Delta to Vancouver is finished in 2022, property values will jump significantly.

2. A Mad Men–style split-level in London, Ontario

What $400,000 buys across Canada split level house London Ontario The home has two working fireplaces (one wood, one gas) and backs on to a gorgeous park.

Address: 2 Rollingwood Circle
Where: London, Ontario Price: $409,900 Specs: 4 bedrooms, 2 baths It may not be Palm Springs, but this circa-1950s split-level home still has plenty of mid-century charm. Hardwood, cherry kitchen cabinets, flagstone front steps and sliding-glass doors to a backyard that overlooks Rollingwood Circle Park all channel a solid Mad Men vibe.

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3. An ocean view in P.E.I.

What $400,000 buys across Canada ocean view PEI The property currently operates as a B&B but could easily convert back to a family home.

Address: 37 Breakwater St.
Where: Souris, Prince Edward Island Price: $395,000 Specs: 3 bedrooms, 3 baths A big lot (1.66 acre) with a water view for under $400,000 — what’s the catch? Well, the current set-up is cluttered and a bit dated, but with some new paint and less stuff you’ll have a perfect spot located right beside the Magdalen Island Ferry terminal (with an option to earn extra money by allowing foot passengers to park their cars on your land).

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