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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

®MLSReciprocity
Home/Rent vs mortgage/Campbell River/$1,500/mo

Rent vs mortgage

$1,500 a month in rent buys a $316,000 home in Campbell River

That is what a 1500-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 $202,000. Here are the 24 Campbell River homes on the market at or under it right now.

Purchase price

$316,000

Down payment

$63,000

All-in monthly

$2,043/mo

Matching homes

24

Rent or own? See what you could afford

Your name

$

/mo

Your monthly rent

Paid as a mortgage, $1,500/mo owns a home worth about

$316,000

24 Campbell River homes are in your budget

Builds your equity

Rent builds none

Covering mortgage, tax, strata and insurance together, the matching price is about $216,000.

Rate %
Down %
Amort. yrs
Email *
How $1,500/mo of rent becomes a purchase price
Rent you pay$1,500/mo
Interest rate5.19%
Amortization25 years
Down payment (20%)$63,000
Mortgage supported$253,000
Purchase price$316,000
Tax, strata & insurance$543/mo
All-in monthly$2,043/mo

Campbell River homes your $1,500 rent could own

#11 – 1630 Croation Road
Under your rent
38

$160,000

~$758/mo

i

#11 – 1630 Croation Road

Campbell River · Residential

2 bd

1 ba

709 sqft

$226/sqft

Built 1974

MLS® 1038185

View

REMAX Ocean Pacific (CR)

#9 – 2520 Quinsam Road
Under your rent
65

$149,900

~$710/mo

i

#9 – 2520 Quinsam Road

Campbell River · Residential

2 bd

1 ba

943 sqft

$159/sqft

Built 1975

MLS® 1042987

View

REMAX Ocean Pacific (Crtny)

#18 – 1800 Perkins Road
Under your rent
52

$142,000

~$673/mo

i

#18 – 1800 Perkins Road

Campbell River · Residential

2 bd

1 ba

792 sqft

$179/sqft

Built 1978

MLS® 1029775

View

REMAX Ocean Pacific (CR)

#51 – 951 Homewood Road
Under your rent
32

$120,000

~$569/mo

i

#51 – 951 Homewood Road

Campbell River · Residential

3 bd

1 ba

1,242 sqft

$97/sqft

Built 1974

MLS® 1047039

View

Royal LePage Advance Realty

4060 Island Highway
Under your rent
6

$294,000

~$1,393/mo

i

4060 Island Highway

Campbell River · Land

0 bd

0 ba

MLS® 1047109

View

eXp Realty (CR)

#55 – 1160 Shellbourne Boulevard
Under your rent
22

$199,800

~$947/mo

i

#55 – 1160 Shellbourne Boulevard

Campbell River · Residential

2 bd

2 ba

792 sqft

$252/sqft

Built 1975

MLS® 1040738

View

Royal LePage Advance Realty

#42 – 1160 Shellbourne Boulevard
Under your rent
23

$70,000

~$332/mo

i

#42 – 1160 Shellbourne Boulevard

Campbell River · Residential

2 bd

1 ba

849 sqft

$82/sqft

Built 1974

MLS® 1046416

View

eXp Realty (CR)

LOT – 15 Spruce Street
Under your rent
5

$199,900

~$947/mo

i

LOT – 15 Spruce Street

Campbell River · Land

0 bd

0 ba

MLS® 1025125

View

Royal LePage Advance Realty

#30 – 2520 Quinsam Road
Under your rent
25

$169,900

~$805/mo

i

#30 – 2520 Quinsam Road

Campbell River · Residential

2 bd

1 ba

816 sqft

$208/sqft

Built 1975

MLS® 1032213

View

Real Broker

#41 – 2700 Woodburn Road
Under your rent
26

$219,000

~$1,038/mo

i

#41 – 2700 Woodburn Road

Campbell River · Residential

2 bd

2 ba

1,127 sqft

$194/sqft

Built 1981

MLS® 1044787

View

REMAX Ocean Pacific (CR)

Lt 20&21 Gold River Highway
Under your rent
40

$299,800

~$1,421/mo

i

Lt 20&21 Gold River Highway

Campbell River · Residential

1 bd

1 ba

756 sqft

$397/sqft

Built 1965

MLS® 1027900

View

Royal LePage Advance Realty

#4 – 1451 Perkins Road
Under your rent
37

$175,000

~$829/mo

i

#4 – 1451 Perkins Road

Campbell River · Residential

2 bd

2 ba

1,540 sqft

$114/sqft

Built 1976

MLS® 1044303

View

eXp Realty (CT)

See all on the map (24 active listings)

Other rents in Campbell River

$1,800/mo · $2,000/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 6.11 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 $1,500 a month in rent buy in Campbell River?

At a 5.19% rate with 20% down over 25 years, $1,500/mo carries the mortgage on a home priced around $316,000. Covering tax, strata and insurance inside the same budget, the matching price is about $202,000.

How much do I need for a down payment?

On a $316,000 home at 20% down, the down payment is $63,000. 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 $543/mo in tax, strata and insurance, so the honest all-in monthly on a $316,000 home is closer to $2,043.

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.

Page methodology and sources are stated beside the figures. Content is reviewed by Ray Rasouli, REALTOR®, Real Broker B.C. Ltd.
$1,800/mo in Campbell River$2,000/mo in Campbell River$2,200/mo in Campbell River$2,500/mo in Campbell River$3,000/mo in Campbell River$3,500/mo in Campbell River$4,000/mo in Campbell RiverAll rent bands in Campbell RiverCampbell River market reportMortgage calculator

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.