Under your rent
14
$399,369
$677/sqft
1 bd · 1 ba · 590 sqft
#213, 8360 Delsom Way
Delta · Apartment/Condo
~$1,893/mo
Listed by Macdonald Realty WestmarMLS® R3168354
Rent vs own
What your rent could own in Delta.
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
- $1,287,500
- Homes at or under it
- 50
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$527,000
20% down assumed ($105,000). 50 homes listed at or under it in Delta.
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
- $1,287,500
- Homes at or under it
- 50
Source: Current MLS® listings.
What each rent buys
In Delta, a $2,500 rent carries the mortgage on a home priced around $527,000. That is $760,500 under Delta's $1,287,500 median home price. 50 homes are listed at or under it. Figures use 5.19% over 25 years with 20% down.
Delta homes around a $2,500 rent
50 active listings
Under your rent
23
$475,000
$330/sqft
2 bd · 2 ba · 1,439 sqft
#303, 6866 Nicholson Road
Delta · Apartment/Condo
~$2,251/mo
Listed by RE/MAX Performance RealtyMLS® R3159661
Under your rent
14
$399,000
$666/sqft
2 bd · 1 ba · 599 sqft
#1509, 11967 80 Avenue
Delta · Apartment/Condo
~$1,891/mo
Listed by Dracco Pacific RealtyMLS® R3169768
Under your rent
36
$440,000
$473/sqft
2 bd · 1 ba · 930 sqft
#306, 4926 48 Avenue
Delta · Apartment/Condo
~$2,085/mo
Listed by RE/MAX Select RealtyMLS® R3174086
Under your rent
24
$299,900
$400/sqft
1 bd · 1 ba · 750 sqft
#168C, 8635 120 Street
Delta · Apartment/Condo
~$1,421/mo
Listed by Stonehaus Realty Corp.MLS® R3173565
Under your rent
23
$449,000
$586/sqft
1 bd · 1 ba · 766 sqft
B205 – 4821 53 Street
Delta · Apartment/Condo
~$2,128/mo
Listed by 1NE Collective Realty Inc.MLS® R3163648
Under your rent
24
$459,900
$512/sqft
2 bd · 2 ba · 899 sqft
#212, 4758 53 Street
Delta · Apartment/Condo
~$2,180/mo
Listed by RE/MAX City RealtyMLS® R3165067
Under your rent
27
$419,900
$553/sqft
1 bd · 1 ba · 759 sqft
#301, 5553 16 Avenue
Delta · Apartment/Condo
~$1,990/mo
Listed by Real BrokerMLS® R3117595
Under your rent
26
$415,000
$479/sqft
1 bd · 1 ba · 867 sqft
#311, 4738 53 Street
Delta · Apartment/Condo
~$1,967/mo
Listed by RE/MAX WestcoastMLS® R3168475
Under your rent
22
$519,000
$744/sqft
1 bd · 1 ba · 698 sqft
D302 – 4845 53 Street
Delta · Apartment/Condo
~$2,460/mo
Listed by Royal LePage Regency RealtyMLS® R3165439
Under your rent
40
$473,900
$495/sqft
1 bd · 1 ba · 958 sqft
#1204, 11920 80 Avenue
Delta · Apartment/Condo
~$2,246/mo
Listed by Macdonald RealtyMLS® R3172269
Under your rent
25
$509,900
$539/sqft
2 bd · 2 ba · 946 sqft
#218, 1363 56 Street
Delta · Apartment/Condo
~$2,417/mo
Listed by Sutton Group Seafair RealtyMLS® R3147122
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 Delta
Listings and market data for Delta.
Neighbourhoods in Delta
Narrow your search to a specific Delta neighbourhood.
Nearby cities
Compare Delta 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.