Under your rent
36
$675,000
$685/sqft
2 bd · 2 ba · 986 sqft
#215, 617 Smith Avenue
Coquitlam · Apartment/Condo
~$3,199/mo
Listed by Oakwyn Realty Ltd.MLS® R3165504
Rent vs own
$4,000 a month in rent buys a $844,000 home in Coquitlam
At a 5.19% posted rate, 20% down and 25 years. 568 Coquitlam homes are listed at or under it.
- Purchase price
- $844,000
- Down payment
- $169,000
- All-in monthly
- $4,653/mo
- Homes listed
- 568
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$844,000
20% down assumed ($169,000). 568 homes listed at or under it in Coquitlam.
Of the first payment, about $1,112 goes to the loan itself. Tax, strata and insurance would bring the all-in price closer to $711,000.
- Purchase price
- $844,000
- Down payment
- $169,000
- All-in monthly
- $4,653/mo
- Homes listed
- 568
Source: Current MLS® listings.
Coquitlam homes your $4,000 rent could own
568 active listingsOpen these Coquitlam homes on the map
Draw an area and save homes you like.
Under your rent
27
$630,000
$766/sqft
2 bd · 2 ba · 822 sqft
#411, 750 Dogwood Street
Coquitlam · Apartment/Condo
~$2,986/mo
Listed by Oakwyn Realty EncoreMLS® R3173984
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
Under your rent
14
$699,000
$857/sqft
2 bd · 2 ba · 816 sqft
#1505, 3096 Windsor Gate
Coquitlam · Apartment/Condo
~$3,313/mo
Listed by Royal Pacific Lions Gate Realty Ltd.MLS® R3174246
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
$798,000
$914/sqft
2 bd · 2 ba · 873 sqft
#2404, 537 Cottonwood Avenue
Coquitlam · Apartment/Condo
~$3,782/mo
Listed by Panda Luxury HomesMLS® R3120989
Under your rent
39
$799,000
$703/sqft
3 bd · 2 ba · 1,136 sqft
#2906, 3080 Lincoln Avenue
Coquitlam · Apartment/Condo
~$3,787/mo
Listed by Oakwyn Realty Ltd.MLS® R3174363
Under your rent
25
$669,000
$796/sqft
2 bd · 2 ba · 840 sqft
#307, 615 Cottonwood Avenue
Coquitlam · Apartment/Condo
~$3,171/mo
Listed by Vanhaus Gruppe Realty Inc.MLS® R3166338
Under your rent
31
$618,000
$775/sqft
2 bd · 2 ba · 797 sqft
#2707, 2968 Glen Drive
Coquitlam · Apartment/Condo
~$2,929/mo
Listed by Royal Pacific Realty (Kingsway) Ltd.MLS® R3160533
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
12
$839,900
$811/sqft
2 bd · 2 ba · 1,035 sqft
#101, 625 Cottonwood Avenue
Coquitlam · Apartment/Condo
~$3,981/mo
Listed by Polygon Realty LimitedMLS® R3170287
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
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).
The math
| Rent you pay | $4,000/mo |
|---|---|
| Interest rate | 5.19% |
| Amortization | 25 years |
| Down payment (20%) | $169,000 |
| Mortgage supported | $675,000 |
| Purchase price | $844,000 |
| Tax, strata and insurance | $653/mo |
| All-in monthly | $4,653/mo |
Assumptions
- Rate
- 5.19%, the posted five-year fixed rate. Illustrative, not a quote.
- Amortization
- 25 years
- Down payment
- 20% ($169,000 on $844,000)
- Property tax
- 3.85 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.
Questions
$169,000, or 20% of $844,000.
The mortgage payment is. Tax, strata and insurance add about $653/mo, for $4,653 in total.
Other rents in Coquitlam
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.