Under your rent
10
$265,000
2412 Highlands Drive
Blind Bay · Vacant Land
~$1,256/mo
Listed by CIR RealtyMLS® 10403380
Rent vs own
What your rent could own in Blind Bay.
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
- $639,900
- Homes at or under it
- 44
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$527,000
20% down assumed ($105,000). 44 homes listed at or under it in Blind Bay.
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
- $639,900
- Homes at or under it
- 44
Source: Current MLS® listings.
What each rent buys
In Blind Bay, a $2,500 rent carries the mortgage on a home priced around $527,000. That is $112,900 under Blind Bay's $639,900 median home price. 44 homes are listed at or under it. Figures use 5.19% over 25 years with 20% down.
Blind Bay homes around a $2,500 rent
44 active listings
Under your rent
14
$109,000
Forest View Place
Blind Bay · Vacant Land
~$517/mo
Listed by REMAX ShuswapMLS® 10403137
Under your rent
11
$154,900
2221 Lakeview Drive
Blind Bay · Vacant Land
~$734/mo
Listed by Advantage Property ManagementMLS® 10361765
Under your rent
21
$110,000
2902 Cedar Drive
Blind Bay · Vacant Land
~$521/mo
Listed by Coldwell Banker Executives RealtyMLS® 10398664
Under your rent
22
$180,000
62 Highlands Drive
Blind Bay · Vacant Land
~$853/mo
Listed by REMAX KamloopsMLS® 10383647
Under your rent
33
$147,500
2555 Highlands Drive
Blind Bay · Vacant Land
~$699/mo
Listed by Century 21 Lakeside Realty LtdMLS® 10393300
Under your rent
15
$127,000
2371 Forest Drive
Blind Bay · Vacant Land
~$602/mo
Listed by Royal LePage Access Real EstateMLS® 10397874
Under your rent
5
$229,000
2518 Highlands Drive
Blind Bay · Vacant Land
~$1,085/mo
Listed by Century 21 Lakeside Realty LtdMLS® 10379467
Under your rent
20
$132,900
2624 Highlands Drive
Blind Bay · Vacant Land
~$630/mo
Listed by Century 21 Lakeside Realty LtdMLS® 10401522
Under your rent
36
$259,000
$491/sqft
2 bd · 1 ba · 528 sqft
G5 – 2698 Blind Bay Road
Blind Bay · Recreational
~$1,228/mo
Listed by Fair Realty (Sorrento)MLS® 10371250
Under your rent
41
$189,000
G29 – 2698 Blind Bay Road
Blind Bay · Recreational
~$896/mo
Listed by Fair Realty (Sorrento)MLS® 10383850
Under your rent
27
$189,000
2698 Blind Bay Road
Blind Bay · Recreational
~$896/mo
Listed by Fair Realty (Sorrento)MLS® 10374440
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 Blind Bay
Listings and market data for Blind Bay.
Nearby cities
Compare Blind Bay 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.