Under your rent
Open House on Sun, 2:30pm–4pm
48
$599,900
~$2,843/mo
i#9 – 639 Kildew Road
Colwood · Residential
2 bd
2 ba
1,389 sqft
$432/sqft
Built 1990
MLS® 1042079
Maxxam Realty Ltd.
Rent vs mortgage
$3,000 a month in rent buys a $633,000 home in Colwood
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 $502,000. Here are the 20 Colwood homes on the market at or under it right now.
Purchase price
$633,000
Down payment
$127,000
All-in monthly
$3,622/mo
Matching homes
20
Colwood homes your $3,000 rent could own
Under your rent
22
$529,999
~$2,512/mo
i#303 – 627 Brookside Road
Colwood · Residential
2 bd
2 ba
874 sqft
$606/sqft
Built 2008
MLS® 1039812
Pemberton Holmes Ltd. - Oak Bay
Under your rent
30
$399,000
~$1,891/mo
i#300 – 383 Wale Road
Colwood · Residential
2 bd
1 ba
719 sqft
$555/sqft
Built 2005
MLS® 1043049
Maxxam Realty Ltd.
Under your rent
34
$499,000
~$2,365/mo
i#212 – 3564 A Ryder Hesjedal Way
Colwood · Residential
1 bd
1 ba
691 sqft
$722/sqft
Built 2025
MLS® 1044841
Century 21 Queenswood Realty Ltd.
Under your rent
30
$469,900
~$2,227/mo
i#101 – 360 Goldstream Avenue
Colwood · Residential
2 bd
1 ba
759 sqft
$619/sqft
Built 2006
MLS® 1046316
eXp Realty
Under your rent
28
$519,900
~$2,464/mo
i#204 – 3223 Selleck Way
Colwood · Residential
1 bd
1 ba
769 sqft
$676/sqft
Built 2009
MLS® 1042291
Royal LePage Coast Capital - Chatterton
Under your rent
27
$320,000
~$1,517/mo
i#208 – 383 Wale Road
Colwood · Residential
2 bd
1 ba
719 sqft
$445/sqft
Built 2005
MLS® 1040458
Century 21 Queenswood Realty Ltd.
Under your rent
39
$485,000
~$2,299/mo
i#305 – 2220 Sooke Road
Colwood · Residential
2 bd
2 ba
856 sqft
$567/sqft
Built 2008
MLS® 1045067
RE/MAX Camosun
Under your rent
40
$599,000
~$2,839/mo
i#2 – 639 Kildew Road
Colwood · Residential
2 bd
2 ba
1,604 sqft
$373/sqft
Built 1990
MLS® 1047022
Newport Realty Ltd.
Under your rent
28
$525,000
~$2,488/mo
i#405 – 3223 Selleck Way
Colwood · Residential
1 bd
1 ba
767 sqft
$684/sqft
Built 2009
MLS® 1043556
RE/MAX Generation
Under your rent
29
$525,000
~$2,488/mo
i#409 – 360 Goldstream Avenue
Colwood · Residential
2 bd
1 ba
811 sqft
$647/sqft
Built 2005
MLS® 1041919
Coldwell Banker Oceanside Real Estate
Under your rent
9
$449,000
~$2,128/mo
i280 Seafield Road
Colwood · Land
0 bd
0 ba
MLS® 1044404
eXp Realty
See all on the map (20 active listings)
Other rents in Colwood
$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 4.56 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 Colwood?
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 $502,000.
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 $622/mo in tax, strata and insurance, so the honest all-in monthly on a $633,000 home is closer to $3,622.
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.