Under your rent
34
$489,900
~$2,322/mo
i411 7TH Avenue
Castlegar · Residential
4 bd
2 ba
1,936 sqft
$253/sqft
Built 1945
MLS® 10394689
eXp Realty
Rent vs mortgage
$3,000 a month in rent buys a $633,000 home in Castlegar
That is what a 3000-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 $485,000. Here are the 87 Castlegar homes on the market at or under it right now.
Purchase price
$633,000
Down payment
$127,000
All-in monthly
$3,700/mo
Matching homes
87
Castlegar homes your $3,000 rent could own
Under your rent
42
$499,900
~$2,369/mo
i#131 – 4200 Grandview Drive
Castlegar · Residential
2 bd
2 ba
1,122 sqft
$446/sqft
Built 2009
MLS® 10398456
Coldwell Banker Executives Realty
Under your rent
62
$615,000
~$2,915/mo
i3509 5th Avenue
Castlegar · Residential
5 bd
3 ba
2,203 sqft
$279/sqft
Built 1976
MLS® 10398093
eXp Realty
Under your rent
61
$569,900
~$2,701/mo
i3701 9TH Avenue
Castlegar · Residential
4 bd
3 ba
2,274 sqft
$251/sqft
Built 1983
MLS® 10398210
Coldwell Banker Executives Realty
Under your rent
32
$470,000
~$2,228/mo
i209 6th Avenue
Castlegar · Residential
3 bd
2 ba
2,093 sqft
$225/sqft
Built 1950
MLS® 10377511
Valhalla Path Realty
Under your rent
38
$589,000
~$2,792/mo
i3736 Toba Road
Castlegar · Residential
3 bd
3 ba
1,562 sqft
$377/sqft
Built 2025
MLS® 10366137
RE/MAX All Pro Realty
Under your rent
18
$99,900
~$474/mo
i#1 – 1509 Hunters Place
Castlegar · Residential
3 bd
1 ba
844 sqft
$118/sqft
Built 1973
MLS® 10386436
eXp Realty
Under your rent
37
$539,000
~$2,555/mo
i3613 9th Avenue
Castlegar · Residential
5 bd
2 ba
2,680 sqft
$201/sqft
Built 1967
MLS® 10398068
eXp Realty
Under your rent
36
$359,900
~$1,706/mo
i#4 – 573 10th Avenue
Castlegar · Residential
2 bd
1 ba
1,040 sqft
$346/sqft
Built 1992
MLS® 10398081
eXp Realty
Under your rent
25
$409,000
~$1,939/mo
i7465 Broadwater Road
Castlegar · Residential
2 bd
1 ba
768 sqft
$533/sqft
Built 2002
MLS® 10396818
ComFree
Under your rent
36
$599,900
~$2,843/mo
i3397 14th Avenue
Castlegar · Residential
3 bd
2 ba
1,302 sqft
$461/sqft
Built 1997
MLS® 10388886
Fair Realty (Nelson)
Under your rent
18
$205,000
~$972/mo
i#26 – 3969 Broadwater Road
Castlegar · Residential
3 bd
1 ba
1,230 sqft
$167/sqft
Built 1975
MLS® 10370999
Century 21 Kootenay Homes (2018) Ltd
See all on the map (87 active listings)
Other rents in Castlegar
$1,500/mo · $1,800/mo · $2,000/mo · $2,200/mo · $2,500/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 6.03 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 $3,000 a month in rent buy in Castlegar?
At a 5.19% rate with 20% down over 25 years, $3,000/mo carries the mortgage on a home priced around $633,000. Covering tax, strata and insurance inside the same budget, the matching price is about $485,000.
How much do I need for a down payment?
On a $633,000 home at 20% down, the down payment is $127,000. 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 $700/mo in tax, strata and insurance, so the honest all-in monthly on a $633,000 home is closer to $3,700.
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.