Well thanks, guess I'm insane for not having $25k Canadian to my name, parking spots cost C$250k and only a handful of listings for condos within a 90 minute car commute from Vancouver costs under C$300k, which come with their own mini-rent anyway in the form of condo fees.

Where I am, I pay about the same as the example scenario except in Canadian dollars, and it gives me easy access to public transit so I don't need a car to commute around. I think this is a better deal.