Under your rent
21
$180,000
~$853/mo
i48 Centennial Drive
Blind Bay · Land
MLS® 10364665
Fair Realty (Sorrento)
Rent vs mortgage
$2,000 a month in rent buys a $422,000 home in Blind Bay
That is what a 2000-a-month rent carries as a mortgage at 5.19%, with 20% down over a 25-year amortization. Covering property tax, strata and insurance inside the same monthly budget, the matching price is about $315,000. Here are the 47 Blind Bay homes on the market at or under it right now.
Purchase price
$422,000
Down payment
$84,000
All-in monthly
$2,505/mo
Matching homes
47
Blind Bay homes your $2,000 rent could own
Under your rent
15
$127,000
~$602/mo
i2371 Forest Dr. Road
Blind Bay · Land
MLS® 10397874
Royal LePage Access Real Estate
Under your rent
2
$139,000
~$659/mo
iLot C Copperview Drive
Blind Bay · Land
MLS® 10390427
Century 21 Lakeside Realty Ltd
Under your rent
11
$219,000
~$1,038/mo
iLot 117 Golf Course Drive
Blind Bay · Land
MLS® 10396533
REMAX Shuswap
Under your rent
65
$369,500
~$1,751/mo
i#110 – 1837 Archibald Road
Blind Bay · Residential
2 bd
1 ba
740 sqft
$499/sqft
Built 1954
MLS® 10396715
Coldwell Banker Executives Realty
Under your rent
26
$249,500
~$1,183/mo
i#100 – 1837 Archibald Road
Blind Bay · Land
MLS® 10396716
Coldwell Banker Executives Realty
Under your rent
13
$198,000
~$938/mo
iLot 38 Sunrise Boulevard
Blind Bay · Land
MLS® 10396910
Homelife Salmon Arm Realty.Com
Under your rent
14
$134,900
~$639/mo
i#17 – 2715 Golf Course Drive
Blind Bay · Land
MLS® 10358352
Century 21 Lakeside Realty Ltd
Under your rent
9
$139,000
~$659/mo
iLot 59 Mountview Drive
Blind Bay · Land
MLS® 10396682
Canada Flex Realty Group Ltd.
Under your rent
18
$299,000
~$1,417/mo
i2744 Lake Mount Place
Blind Bay · Land
MLS® 10388920
Fair Realty (Sorrento)
Under your rent
16
$186,900
~$886/mo
iG37 – 2698 Blind Bay Road
Blind Bay · Residential
MLS® 10382710
Royal LePage Westwin Realty
Under your rent
28
$189,000
~$896/mo
iG29 – 2698 Blind Bay Road
Blind Bay · Residential
MLS® 10383850
Fair Realty (Sorrento)
See all on the map (47 active listings)
Other rents in Blind Bay
$1,500/mo · $1,800/mo · $2,200/mo · $2,500/mo · $3,000/mo · $3,500/mo · $4,000/mo
The assumptions behind these numbers
Every figure assumes a 5.19% interest rate, 20% down and a 25-year amortization. Property tax uses the local municipal residential rate of 3.50 per $1,000; strata ($320/mo) and insurance ($62/mo) are estimates, since neither is knowable from rent alone. Change any of these in the calculator and the numbers update in place. This is an estimate for comparison, not a mortgage approval or financial advice. Your rate, down payment and the home's real carrying costs will differ. Confirm with a mortgage professional before you rely on it.
Common questions
What can $2,000 a month in rent buy in Blind Bay?
At a 5.19% rate with 20% down over 25 years, $2,000/mo carries the mortgage on a home priced around $422,000. Covering tax, strata and insurance inside the same budget, the matching price is about $315,000.
How much do I need for a down payment?
On a $422,000 home at 20% down, the down payment is $84,000. A smaller down payment raises the monthly cost and may add mortgage insurance.
Is the mortgage really the same as my rent?
The mortgage payment is, by design; that is what this page solves for. Owning also adds roughly $505/mo in tax, strata and insurance, so the honest all-in monthly on a $422,000 home is closer to $2,505.
RR
How these numbers are worked out
I am Ray Rasouli, a licensed REALTOR® with Real Broker B.C. Ltd. The purchase price is your rent solved back through a standard amortized mortgage, and the listings come from live MLS® inventory refreshed hourly, not a static table. The figures are for comparison, not a mortgage approval. Tell me your situation and I will confirm what you actually qualify for.
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Listing data provided by the Real Estate Board of Greater Vancouver and partner boards under MLS® Reciprocity. Deemed reliable but not guaranteed accurate. Mortgage figures are estimates for comparison only, not financial advice. MLS® and REALTOR® are trademarks of CREA.