Under your rent
29
$355,000
~$1,683/mo
i#33 – 7701 Central Saanich Road
Central Saanich · Residential
3 bd
2 ba
1,166 sqft
$304/sqft
Built 1989
MLS® 1045220
eXp Realty
Rent vs mortgage
$4,000 a month in rent buys a $844,000 home in Central Saanich
That is what a 4000-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 $693,000. Here are the 63 Central Saanich homes on the market at or under it right now.
Purchase price
$844,000
Down payment
$169,000
All-in monthly
$4,713/mo
Matching homes
63
Central Saanich homes your $4,000 rent could own
Under your rent
29
$619,999
~$2,939/mo
i#54 – 7586 Tetayut Road
Central Saanich · Residential
2 bd
2 ba
1,329 sqft
$467/sqft
Built 2017
MLS® 1032578
eXp Realty
Under your rent
32
$549,900
~$2,606/mo
i#302 – 7143 West Saanich Road
Central Saanich · Residential
2 bd
2 ba
1,098 sqft
$501/sqft
Built 1994
MLS® 1046543
Coldwell Banker Oceanside Real Estate
Under your rent
33
$229,000
~$1,085/mo
i#511 – 747 Old Place Road
Central Saanich · Residential
1 bd
1 ba
544 sqft
$421/sqft
Built 2023
MLS® 1044834
Royal LePage Coast Capital - Chatterton
Under your rent
28
$649,900
~$3,080/mo
i#4 – 1184 Clarke Road
Central Saanich · Residential
2 bd
2 ba
972 sqft
$669/sqft
Built 1980
MLS® 1045049
Engel & Volkers Vancouver Island
Under your rent
Open House on Sat, 1pm–3pm
21
$529,900
~$2,512/mo
i#403 – 2520 Hackett Crescent
Central Saanich · Residential
1 bd
1 ba
704 sqft
$753/sqft
Built 2024
MLS® 1042978
RE/MAX Camosun
Under your rent
Open House on Sat, 1pm–3pm
21
$549,900
~$2,606/mo
i#406 – 2520 Hackett Crescent
Central Saanich · Residential
1 bd
1 ba
721 sqft
$763/sqft
Built 2024
MLS® 1030969
RE/MAX Camosun
Under your rent
Open House on Sat, 1pm–3pm
32
$789,900
~$3,744/mo
i#402 – 2520 Hackett Crescent
Central Saanich · Residential
2 bd
2 ba
1,207 sqft
$654/sqft
Built 2024
MLS® 1030959
RE/MAX Camosun
Under your rent
Open House on Sat, 1pm–3pm
31
$769,900
~$3,649/mo
i#309 – 2520 Hackett Crescent
Central Saanich · Residential
2 bd
2 ba
1,124 sqft
$685/sqft
Built 2024
MLS® 1030957
RE/MAX Camosun
Under your rent
Open House on Sat, 1pm–3pm
21
$539,900
~$2,559/mo
i#503 – 2520 Hackett Crescent
Central Saanich · Residential
1 bd
1 ba
703 sqft
$768/sqft
Built 2024
MLS® 1030975
RE/MAX Camosun
Under your rent
Open House on Sat, 1pm–3pm
32
$799,900
~$3,791/mo
i#502 – 2520 Hackett Crescent
Central Saanich · Residential
2 bd
2 ba
1,207 sqft
$663/sqft
Built 2024
MLS® 1030974
RE/MAX Camosun
Under your rent
Open House on Sat, 1pm–3pm
38
$699,900
~$3,317/mo
i#101 – 2520 Hackett Crescent
Central Saanich · Residential
2 bd
2 ba
1,124 sqft
$623/sqft
Built 2024
MLS® 1030837
RE/MAX Camosun
See all on the map (63 active listings)
Other rents in Central Saanich
$1,500/mo · $1,800/mo · $2,000/mo · $2,200/mo · $2,500/mo · $3,000/mo · $3,500/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 4.71 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 $4,000 a month in rent buy in Central Saanich?
At a 5.19% rate with 20% down over 25 years, $4,000/mo carries the mortgage on a home priced around $844,000. Covering tax, strata and insurance inside the same budget, the matching price is about $693,000.
How much do I need for a down payment?
On a $844,000 home at 20% down, the down payment is $169,000. 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 $713/mo in tax, strata and insurance, so the honest all-in monthly on a $844,000 home is closer to $4,713.
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.