Vancouver Pays $1,109 a Square Foot. This Oceanfront Condo Is $314.
In Vancouver, a square foot of housing costs roughly $1,109 on average, according to Properstar's July 2026 figures; a separate reading puts the median for apartments near $1,118 a square foot as of May 2026. On the Northumberland Strait in New Brunswick, a two-bedroom, two-bathroom oceanfront condo is listed at $314 a square foot — about 28 per cent of the Vancouver average, or under a third. That is the largest per-square-foot gap of any market this listing has been compared against.
The unit is MLS(R) NB136449, asking $529,900 CAD for 1,687 sq ft, at Unit 105 in Le Rivage, 69 Cap Bimet Blvd, Grand-Barachois, New Brunswick. Built in 2009, it has direct oceanfront frontage on the Northumberland Strait with unobstructed water views, and is one of the larger layouts in the building. The kitchen is open with a seven-foot quartz island; the primary bedroom faces the water, and the second bedroom has private bath access.
The building offers an in-ground heated pool, rooftop hot tubs, tennis and pickleball courts, a community garden, a residents' fitness centre, and an owners' lounge and games room — shared among residents, not private to this unit. As a condo, exterior and grounds upkeep is handled by the building, which matters for anyone who wants a turnkey second home rather than a property that needs maintenance from a distance.
Vancouver's own condo market has been softening. The REBGV apartment benchmark is reported at about $688,000, down 7.5 per cent year over year; another reading of the same July 2026 market puts it closer to $758,400, down about 2.8 per cent — the sources differ. The broader Metro Vancouver composite benchmark, covering all housing types rather than condos alone, sits at $1,088,800, down 6.2 per cent year over year. Condos are the fastest-falling segment of the Vancouver market on a percentage basis this year.
Getting there from Vancouver is not a weekend proposition. There is no nonstop service between Vancouver and Greater Moncton Romeo LeBlanc International Airport (YQM); the trip typically connects through Toronto or Montreal and takes a full day of travel. The property is about a 30-minute drive from YQM, and a short drive from Shediac. Given the distance, this suits a season or an extended stretch — a summer base, a retirement property, or a remote-work setup — rather than a quick getaway.
The Northumberland Strait has some of the warmest saltwater in Canada, and the Shediac area is known for its beaches and its lobster. Owners here experience a full range of seasons, including winter, and being a part-year or seasonal owner is a common and ordinary way to hold property in this area — many close the unit up for part of the year rather than living there full time.
The listing is held by Donald Robichaud of Royal LePage Atlantic. See the photos and current price, or get price changes and open houses by alert.