Cheap land is hard to come by these days, especially in Canada.
Vancouver is currently home to the second-most expensive housing market in the world. Toronto and Calgary, meanwhile, aren’t very far behind. That’s why it might come as a surprise to learn that many communities across the country have literally been giving land away for free! Of course, these are usually small towns and there are some caveats to obtaining it, but it’s still a heck of a savings!
This town, southwest of Quebec City, purchased a large tract of land and divided it into 40 lots, which they have been giving away to anyone willing to move there and develop the land since 2013. There are just a few conditions: The policy requires the buyer to put a $1,000 down payment on the lot and agree to build a home valued at a minimum of $125,000. The town later refunds the down payment.
In a very successful attempt at boosting its population, this small town was offering up land for only $10–less than the price of a movie ticket at some theatres! Buying the land required a $1,000 deposit, of which $990 would be returned upon receiving the occupancy permit. The occupants then have 90 days to begin construction from the closing date on the offer.
Inspired by the success of Reston, this rural community also offered plots of land for the ultra-low price of $10. The fine print is almost identical as well. Interested parties must put $1,000 down on the property; they then have 90 days to build foundations or a basement and then 12 months to complete the house. The $990 will be returned when the job is done.
This once-thriving village is now a ghost town, but a dozen lots were put up for sale for only $10 in 2013.
King’s Point, Newfoundland
Surrounded by beautiful icebergs and waterfalls, King’s Point is a great place for any family to settle. It had posted on social media earlier this year that it was considering a land giveaway as well, but those ads have since disappeared.
Crown lands, Yukon
Not for the faint of heart, there is still some free crown land to be scored in the Arctic. Crown land, by the way, refers to land owned by the federal or provincial government. Basically, they’re willing to give you the land if you’re willing to turn it into a farm. All you need is to be a Canadian citizen who has lived in the Yukon for at least one year. If you fit the bill, you can apply to claim some of that free land for yourself right here.
Looking to make some cash intead of settling down? Mundare might be for you. In 2013, the town was selling downtown lots for a loonie to anyone willing to come into the community and set up their business. Additionally, these entrepreneurs would also receive sizable tax incentives and reduced rates for their first three years in business. The only catch? Anyone who buys a lot has to start construction within one year.
This small town north of Regina has been offering fully-serviced lots since the 1990s. But according to the National Post, some of them were still available in 2008! Building a home there would also come with free municipal taxes and water service for a year.
As its population dwindled, the town of Craik came up with an idea to salvage itself by creating an eco village and selling off unserviced land for one dollar. Interested parties just had to submit applications that detailed their plans for eco-construction and sustainable living. The place is now a thriving village!
While many of the free land sales listed here have already come and passed, don’t fret! In many of these cases, this was the second (or even third) time these communities have offered up free or heavily discounted property. If they’ve done it once, they’ll probably do it again. And now you’re wise to this free land! So you won’t miss its next coming.