Under your rent
30
$479,900
$464/sqft
3 bd · 3 ba · 1,035 sqft
#302, 33568 George Ferguson Way
Abbotsford · Apartment/Condo
~$2,275/mo
Listed by eXp Realty of Canada Inc.MLS® R3174085
Rent vs own
What your rent could own in Abbotsford.
Enter your rent to see the home price it could cover and homes listed at that price.
- A $2,500 rent carries
- $527,000
- Median asking
- $799,900
- Homes at or under it
- 336
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$527,000
20% down assumed ($105,000). 336 homes listed at or under it in Abbotsford.
Of the first payment, about $694 goes to the loan itself. Tax, strata and insurance would bring the all-in price closer to $414,000.
- A $2,500 rent carries
- $527,000
- Median asking
- $799,900
- Homes at or under it
- 336
Source: Current MLS® listings.
What each rent buys
In Abbotsford, a $2,500 rent carries the mortgage on a home priced around $527,000. That is $272,900 under Abbotsford's $799,900 median home price. 336 homes are listed at or under it. Figures use 5.19% over 25 years with 20% down.
Abbotsford homes around a $2,500 rent
336 active listings
Under your rent
21
$369,900
$504/sqft
1 bd · 1 ba · 734 sqft
#406, 33338 Bourquin Crescent
Abbotsford · Apartment/Condo
~$1,753/mo
Listed by RE/MAX Nyda Realty Inc.MLS® R3161585
Under your rent
20
$319,980
$347/sqft
2 bd · 2 ba · 923 sqft
#314, 33708 King Road
Abbotsford · Apartment/Condo
~$1,517/mo
Listed by Oakwyn Realty Ltd.MLS® R3143851
Under your rent
28
$369,900
$440/sqft
2 bd · 1 ba · 840 sqft
#8, 33900 Mayfair Avenue
Abbotsford · Townhouse
~$1,753/mo
Listed by eXp Realty of Canada Inc.MLS® R3140726
Under your rent
34
$489,800
$483/sqft
3 bd · 2 ba · 1,015 sqft
#305, 2632 Pauline Street
Abbotsford · Apartment/Condo
~$2,322/mo
Listed by eXp Realty of Canada Inc.MLS® R3172723
Under your rent
32
$379,900
$365/sqft
2 bd · 2 ba · 1,041 sqft
#221, 33175 Old Yale Road
Abbotsford · Apartment/Condo
~$1,801/mo
Listed by eXp Realty of Canada Inc.MLS® R3158143
Under your rent
28
$499,999
$478/sqft
3 bd · 3 ba · 1,046 sqft
#305, 33568 George Ferguson Way
Abbotsford · Apartment/Condo
~$2,370/mo
Listed by Homelife Advantage Realty Ltd.MLS® R3055594
Under your rent
25
$419,000
$465/sqft
2 bd · 1 ba · 902 sqft
#336, 2700 Mccallum Road
Abbotsford · Apartment/Condo
~$1,986/mo
Listed by Homelife Advantage Realty Ltd.MLS® R3173136
Under your rent
40
$259,000
$346/sqft
1 bd · 1 ba · 749 sqft
#303, 33464 George Ferguson Way
Abbotsford · Apartment/Condo
~$1,228/mo
Listed by Coldwell Banker Executives RealtyMLS® R3170910
Under your rent
35
$474,900
$384/sqft
2 bd · 2 ba · 1,236 sqft
#805, 33065 Mill Lake Road
Abbotsford · Apartment/Condo
~$2,251/mo
Listed by Royal LePage Little Oak RealtyMLS® R3174027
Under your rent
31
$349,900
$380/sqft
2 bd · 2 ba · 922 sqft
#206, 33708 King Road
Abbotsford · Apartment/Condo
~$1,658/mo
Listed by Royal LePage Little Oak RealtyMLS® R3173897
Under your rent
30
$359,000
$390/sqft
2 bd · 2 ba · 921 sqft
#307, 2958 Trethewey Street
Abbotsford · Apartment/Condo
~$1,702/mo
Listed by Real Broker B.C. Ltd.MLS® R3173184
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of the Canadian Real Estate Association (CREA).
Renting or owning: what changes
One-time costs
Buying adds transfer tax, legal fees and an inspection, paid on closing.
Monthly costs past the mortgage
Property tax, strata and insurance are on top of the mortgage. Compare the total with your rent.
Flexibility
A lease is easier to leave. Owning suits staying put for some years.
To see the year owning starts to cost less than renting, try rent or buy.
Assumptions
- Rate
- 5.19%, the posted five-year fixed rate. Illustrative, not a quote.
- Amortization
- 25 years
- Down payment
- 20% ($105,000 on $527,000)
- Property tax
- 3.50 per $1,000 of value
- Strata
- $320 a month, an estimate
- Insurance
- $62 a month, an estimate
An estimate, not a mortgage approval or financial advice. Change the rate, down payment or amortization in the calculator and the figures update.
More ways to explore Abbotsford
Listings and market data for Abbotsford.
Nearby cities
Compare Abbotsford with other markets in the region.
Prepared by
Written and maintained by Ray Rasouli, REALTOR®, licensed in British Columbia and founder of Relta Real Estate.
Data
Source: MLS® listing data from BC real estate boards (MLS® Reciprocity) and CREA's DDF®.
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of the Canadian Real Estate Association (CREA).
CorrectionsReport a correction
A mortgage broker can confirm what you qualify for.