A few days ago I read a headline that stated not a single real estate market in Canada is a buyer’s market. Bleak, but unsurprising when you look at the latest Canadian Real Estate Association (CREA) sales to listing ratio. 

There are fewer houses on the market now and that means bidding wars. In other words, even these houses listed at $1.5 million might not actually sell for that. In fact, I’m sure they’ll end up selling for well over asking. 

But let’s just suspend reality for a minute and imagine that this what $1.5 million can get you in cities across Canada.

Winnipeg

Lakefront property, reclaimed Douglas fir beams, and a fireplace in the master bedroom? This Winnipeg home pulls out all the stops. The home has four-bedrooms, four-bathrooms, soaring ceilings, huge windows and plenty of space to spread out. It's also listed for only $1.45 million.

Vancouver

This half-duplex was just built this year and features over 1,500 square feet of living space over three storeys. The main floor is open concept with lots of light. But the big selling point of this home is the location. It's really central in the Grandview-Woodland neighbourhood that's known for its Italian eats and the active park. 

Calgary

Right on Bow River is this gorgeous five-bedroom home. The property is lush with a sprawling backyard that goes all the way down to the river. The home sits on a whopping 0.3 acres, so the home is very private and surrounded by gorgeous nature. 

Toronto

While the interior of this home leaves much to be desired that's not why you'd spend $1.5 million on it. The reason you'd pony up this kinda cash is because it's in a great location – Leaside – and it's a detached house on a sizeable property. 

Ottawa

This exceptionally modern home is just under $1.5 million and it backs onto Mud Lake conservation area. According to the listing, this home was built without a budget so it's filled with luxury features such as 12-foot quartz counters and a five-head walk in shower. 

Saskatoon

If you're a golf fanatic or gear head this Saskataoon home is everything you could want and more. The newly built home backs right onto a golf course. It also has a four car garage that can accommodate a lift, so there's plenty of space for your toys. Apart from that the home is exceptional with a designer kitchen, grand rooms and a home theatre. 

Montreal

This early 1900's home has great bones. It has the original wood bannister staircase, exposed wood beam ceilings and an in-ground pool – a rarity for Quebec. While some things need to be updated, like the bathrooms, you can't fault the home for its excellent location in Outremont.

St. Johns

This sprawling mansion is on four acres of land with a sweeping view of the Atlantic ocean. I'm in love. The four-bedroom, five-bathroom home makes sure that the stunning view of the water is visible from almost every room in the house. My favourite part of the home is the gorgeous family room with the steepled window.

Charlottetown

For a little over $1.5 million you can have this beauty. It's a 0.8 acre lot within walking distance of downtown Charlottetown. The home was recently renovated and has six bedrooms and five bathrooms. Also did I mention it has unobstructed view of North River?