Under your rent
22
$410,000
$528/sqft
1 bd · 1 ba · 777 sqft
#219, 295 Schoolhouse Street
Coquitlam · Apartment/Condo
~$1,943/mo
Listed by RE/MAX All Points RealtyMLS® R3104903
Rent vs own
What your rent could own in Coquitlam.
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
- $956,450
- Homes at or under it
- 175
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$527,000
20% down assumed ($105,000). 175 homes listed at or under it in Coquitlam.
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
- $956,450
- Homes at or under it
- 175
Source: Current MLS® listings.
What each rent buys
In Coquitlam, a $2,500 rent carries the mortgage on a home priced around $527,000. That is $429,450 under Coquitlam's $956,450 median home price. 175 homes are listed at or under it. Figures use 5.19% over 25 years with 20% down.
Coquitlam homes around a $2,500 rent
175 active listings
Under your rent
14
$364,900
$547/sqft
1 bd · 1 ba · 667 sqft
#208, 1045 Howie Avenue
Coquitlam · Apartment/Condo
~$1,730/mo
Listed by Easy List RealtyMLS® R3132153
Under your rent
25
$475,000
$514/sqft
2 bd · 2 ba · 925 sqft
#305, 1167 Pipeline Road
Coquitlam · Apartment/Condo
~$2,251/mo
Listed by Prompton Real Estate Services Inc.MLS® R3173288
Under your rent
30
$469,000
$893/sqft
1 bd · 1 ba · 525 sqft
#1308, 308 Alderson Avenue
Coquitlam · Apartment/Condo
~$2,223/mo
Listed by Emily Oh RealtyMLS® R3173834
Under your rent
32
$519,900
$831/sqft
1 bd · 1 ba · 626 sqft
#109, 621 Regan Avenue
Coquitlam · Apartment/Condo
~$2,464/mo
Listed by Rennie & Associates Realty Ltd.MLS® R3171487
Under your rent
29
$448,800
$458/sqft
2 bd · 1 ba · 979 sqft
#404, 1210 Pacific Street
Coquitlam · Apartment/Condo
~$2,127/mo
Listed by RE/MAX Sabre Realty GroupMLS® R3159215
Under your rent
29
$400,000
$469/sqft
2 bd · 2 ba · 853 sqft
#1104, 460 Westview Street
Coquitlam · Apartment/Condo
~$1,896/mo
Listed by Sotheby's International Realty CanadaMLS® R3164181
Under your rent
35
$469,000
$942/sqft
1 bd · 1 ba · 498 sqft
#1810, 901 Lougheed Highway
Coquitlam · Apartment/Condo
~$2,223/mo
Listed by Engel & Volkers VancouverMLS® R3158417
Under your rent
34
$475,000
$819/sqft
1 bd · 1 ba · 580 sqft
#315, 375 Clayton Street
Coquitlam · Apartment/Condo
~$2,251/mo
Listed by Stilhavn Real Estate ServicesMLS® R3166352
Under your rent
28
$469,900
$734/sqft
1 bd · 1 ba · 640 sqft
#1608, 555 Delestre Avenue
Coquitlam · Apartment/Condo
~$2,227/mo
Listed by RE/MAX Select RealtyMLS® R3173900
Under your rent
25
$518,000
$902/sqft
2 bd · 1 ba · 574 sqft
#610, 525 Foster Avenue
Coquitlam · Apartment/Condo
~$2,455/mo
Listed by Nu Stream Realty Inc.MLS® R3163628
Under your rent
40
$188,880
$246/sqft
2 bd · 1 ba · 768 sqft
#305, 201 Cayer Street
Coquitlam · Manufactured Home
~$895/mo
Listed by Royal LePage Brent Roberts RealtyMLS® R3169781
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 Coquitlam
Listings and market data for Coquitlam.
Neighbourhoods in Coquitlam
Narrow your search to a specific Coquitlam neighbourhood.
Nearby cities
Compare Coquitlam 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.