Under your rent
14
$525,000
Lot 48 Crawford Creek Road
Crawford Bay · Vacant Land
~$2,488/mo
Listed by Century 21 Assurance Realty LtdMLS® 10402482
Rent vs own
What your rent could own in Crawford Bay.
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
- $536,500
- Homes at or under it
- 7
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$527,000
20% down assumed ($105,000). 7 homes listed at or under it in Crawford Bay.
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
- $536,500
- Homes at or under it
- 7
Source: Current MLS® listings.
What each rent buys
In Crawford Bay, a $2,500 rent carries the mortgage on a home priced around $527,000. That is $9,500 under Crawford Bay's $536,500 median home price. 7 homes are listed at or under it. Figures use 5.19% over 25 years with 20% down.
Crawford Bay homes around a $2,500 rent
7 active listings
Under your rent
21
$285,000
16078 Highway 3A Other
Crawford Bay · Vacant Land
~$1,351/mo
Listed by Real Broker B.C. LtdMLS® 10401706
Under your rent
26
$228,000
$373/sqft
1 bd · 1 ba · 612 sqft
#216, 16310 WOOLGAR Road
Crawford Bay · Single Family
~$1,081/mo
Listed by Century 21 Assurance Realty LtdMLS® 10400888
Under your rent
26
$425,000
$550/sqft
1 bd · 1 ba · 773 sqft
#2, 16321 Woolgar Road
Crawford Bay · Recreational
~$2,014/mo
Listed by Century 21 Assurance Realty LtdMLS® 10369174
Under your rent
53
$430,000
$347/sqft
3 bd · 1 ba · 1,238 sqft
15781 PETERS Road
Crawford Bay · Single Family
~$2,038/mo
Listed by Real Broker B.C. LtdMLS® 10372482
Under your rent
14
$114,500
16300 Wadds Road
Crawford Bay · Recreational
~$543/mo
Listed by eXp Realty (Fernie)MLS® 10361351
Under your rent
23
$69,000
$73/sqft
2 bd · 2 ba · 941 sqft
16310 WOOLGAR Road
Crawford Bay · Single Family
~$327/mo
Listed by Century 21 Assurance Realty LtdMLS® 2469104
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 Crawford Bay
Listings and market data for Crawford Bay.
Nearby cities
Compare Crawford Bay 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.