Charlottetown was named the most affordable market in Canada by a Coldwell Banker study. Vancouver is home to the most expensive 4-bedroom, single-family homes in Canada with an average price of $1.26 million.
That same house in Charlottetown, PEI would cost $158,667
Vancouver
$1.26 million
Edmonton
$432,250
Saskatoon
$381,975
Winnipeg
$390,368
Toronto
$824,347
Montreal
$469,250
Halifax
$277,302
Moncton
$276,175
Charlottetown
$158,667
St. John’s
$348,750
It’s always good to look at the stats and recognize that the numbers don’t necessarily tell the whole story.
For instance it would be nice to earn Vancouver wages while living in Charlottetown… but that’s not the case.
There’s not an overabundance of luxury houses for sale on Prince Edward Island. Although short of the most expensive real estate listing on PEI at “only” 2.5 million is this beauty of a waterfront property near Souris, Prince Edward Island.
From the listing page:
“Prime Private Waterfront
Henry David Thoreau would have compared this to Walden Pond. The peacefulness of this property will relax your soul. Imagine the full moon in summer shimmering on the water just outside your windows!
10+ private acres of waterfront at the inlet where South Lake meets the ocean, with access to 5+km (both east and west) of white sand beach known as the ‘Singing Sands’ of Bothwell. Post and Beam construction, Hemlock beams and Larch doors in Victorian style farm house (engineered structural post & beam) in keeping with the rural nature of the area. Central heating and air conditioning. Island Stone fireplace created by a master craftsman. Tennis court, basketball nets, direct access to the “run” at mouth of South Lake for the canoeing / kayaking enthusiast. With 7 bedrooms and 4 baths, your extended family can enjoy this luxurious retreat any time of the year.”
UPDATE - FOUND A VIDEO! - Bothwell Beach PEI - Note: this is not a video of the listing above but will give you a glimpse of the area.
