With the rate hike announced by the Bank of Canada Wednesday, many Canadians are now wondering whether they should take the financial plunge and still get a mortgage. If you’re still in the market for a new home, this is what $1 million could buy you in Canada.

This week, we look at a vacation home on the coast of P.E.I., a bungalow in Toronto and a spacious Surrey, B.C. home with in-law suite. Which would you choose?

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