What a $1 million home looks like this week - Aug. 27 edition

As Canada’s housing market continues to cool, $1 million is starting to go a little further than it did just a few short months ago. If you’re looking for a home in Canada’s hottest housing markets, you’re likely seeing more good deals. Of course, that doesn’t mean a hot bidding war will suddenly send your dream home way over asking price. But you can still hope, right?

This week, we look at homes in Victoria, B.C., Edmonton, Alta. and Toronto, Ont. Click through to see what $1 million can get you in each of these cities.

What a $1 million home looks like in Canada this week

2615 Savory Rd., Victoria, B.C.
Location: Victoria, British Columbia
List Price: $989,000
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

2615 Savory Rd., Victoria, B.C.
This cozy 1,430-square-foot home may be small on space, but it’s big on personality.
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

2615 Savory Rd., Victoria, B.C.
The whole house is filled with windows, bringing in lots of natural light.
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

2615 Savory Rd., Victoria, B.C.
There are two bedrooms, one in the main living area as well as a self-contained lower sleeping area, making it ideal for use as an Airbnb, according to the listing.
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

2615 Savory Rd., Victoria, B.C.
There are also two bathrooms in the home.
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

2615 Savory Rd., Victoria, B.C.
What will really make you love the home is the views of Florence Lake. Set out from your dock to go on a paddle along the lakeside.
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

2615 Savory Rd., Victoria, B.C.
There’s also a separate building on the property, ideal for a workshop, office or storage.
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

4204 Whitemud Rd. NW, Edmonton, Alta.
Location: Edmonton, Alberta
List Price: $988,800
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

4204 Whitemud Rd. NW, Edmonton, Alta.
Tucked away in Edmonton’s Riverbend community, this two-storey executive-style home is a rare find in Edmonton.
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

4204 Whitemud Rd. NW, Edmonton, Alta.
The home is designed with an open floor plan and custom ceilings.
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

4204 Whitemud Rd. NW, Edmonton, Alta.
The kitchen features Miele double wall ovens and a Jenn-Air cooktop.
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

4204 Whitemud Rd. NW, Edmonton, Alta.
There are three bedrooms, including a master bedroom with river views, and three-and-a-half bathrooms.
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

4204 Whitemud Rd. NW, Edmonton, Alta.
The ground floor has a walkout to the patio, plus full wet bar and gas fireplace.
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

4204 Whitemud Rd. NW, Edmonton, Alta.
There’s a bedroom on each floor of this home, and plenty of storage.
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

37 Mayfield Ave., Toronto, Ont.
Location: Toronto, Ontario
List Price: $989,000
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

37 Mayfield Ave., Toronto, Ont.
This solid-brick bungalow is located in Toronto’s Swansea Village neighbourhood.
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

37 Mayfield Ave., Toronto, Ont.
The home has lots of character and charm, and hardwood floors throughout.
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

37 Mayfield Ave., Toronto, Ont.
Features like a formal dining area and stained glass windows make this small space feel elegant.
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

37 Mayfield Ave., Toronto, Ont.
There are two bedrooms and two bathrooms in the home.
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

37 Mayfield Ave., Toronto, Ont.
Here’s the second bedroom.
(Photo: Zoocasa)

What a $1 million home looks like in Canada this week

37 Mayfield Ave., Toronto, Ont.
The house is just a short walk form the subway and shopping. There’s also an unfinished basement with separate entrance.
(Photo: Zoocasa)