What $1 Million Buys You in Vancouver vs Other Canadian Cities in 2026
Posted by Adam Chahl on
A million dollars used to sound like unlimited buying power in real estate.
In 2026, it depends entirely on your postal code.
In Vancouver, $1 million is often considered an entry-level budget for many buyers. In Calgary, that same amount can buy a luxury property with thousands of square feet. In Montreal or Halifax, it can push you into high-end neighborhoods that were once considered unreachable.
The biggest reason comes down to supply and demand.
Vancouver has very limited land. The ocean, mountains, agricultural land reserve, and zoning restrictions all squeeze supply. Add strong immigration, international demand, and lifestyle appeal, and prices stay elevated.
The cost of living in Vancouver also plays a role. Housing is not the only…
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