Under your rent
40
$525,000
$292/sqft
3 bd · 2 ba · 1,796 sqft
13137 WRIGHT Road
Charlie Lake · Single Family
~$2,488/mo
Listed by Century 21 Energy RealtyMLS® R3170224
Rent vs own
What your rent could own in Charlie Lake.
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
- $879,450
- Homes at or under it
- 6
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$527,000
20% down assumed ($105,000). 6 homes listed at or under it in Charlie Lake.
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
- $879,450
- Homes at or under it
- 6
Source: Current MLS® listings.
What each rent buys
In Charlie Lake, a $2,500 rent carries the mortgage on a home priced around $527,000. That is $352,450 under Charlie Lake's $879,450 median home price. 6 homes are listed at or under it. Figures use 5.19% over 25 years with 20% down.
Charlie Lake homes around a $2,500 rent
6 active listings
Under your rent
17
$359,900
$176/sqft
4 bd · 2 ba · 2,040 sqft
13235 LAKESHORE Drive
Charlie Lake · Single Family
~$1,706/mo
Listed by RE/MAX Action Realty IncMLS® R3102830
Under your rent
8
$42,900
$34/sqft
3 bd · 1 ba · 1,271 sqft
#73, 12842 OLD HOPE Road
Charlie Lake · Single Family
~$203/mo
Listed by RE/MAX Action Realty IncMLS® R3169666
Under your rent
22
$279,900
$250/sqft
2 bd · 1 ba · 1,120 sqft
13354 PARK FRONTAGE Road
Charlie Lake · Single Family
~$1,327/mo
Listed by RE/MAX Action Realty IncMLS® R3156888
Under your rent
6
$52,500
$75/sqft
2 bd · 1 ba · 696 sqft
#38, 12842 OLD HOPE Road
Charlie Lake · Single Family
~$249/mo
Listed by RE/MAX Action Realty IncMLS® R3139909
Under your rent
15
$469,900
$200/sqft
4 bd · 2 ba · 2,352 sqft
12776 PEACH Avenue
Charlie Lake · Single Family
~$2,227/mo
Listed by Century 21 Energy RealtyMLS® R3144627
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 Charlie Lake
Listings and market data for Charlie Lake.
Nearby cities
Compare Charlie Lake 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.