Under your rent
30
$449,900
~$2,132/mo
i#303 – 1102 Esquimalt Road
Esquimalt · Residential
1 bd
1 ba
550 sqft
$818/sqft
Built 2025
MLS® 1026907
Coldwell Banker Oceanside Real Estate
Rent vs mortgage
$2,500 a month in rent buys a $527,000 home in Esquimalt
That is what a 2500-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 $394,000. Here are the 23 Esquimalt homes on the market at or under it right now.
Purchase price
$527,000
Down payment
$105,000
All-in monthly
$3,134/mo
Matching homes
23
Esquimalt homes your $2,500 rent could own
Under your rent
24
$499,900
~$2,369/mo
i#507 – 610 Lampson Street
Esquimalt · Residential
1 bd
1 ba
562 sqft
$890/sqft
Built 2025
MLS® 1027670
Coldwell Banker Oceanside Real Estate
Under your rent
28
$524,900
~$2,488/mo
i#302 – 1102 Esquimalt Road
Esquimalt · Residential
1 bd
1 ba
546 sqft
$961/sqft
Built 2025
MLS® 1026900
Coldwell Banker Oceanside Real Estate
Under your rent
29
$449,900
~$2,132/mo
i#308 – 1102 Esquimalt Road
Esquimalt · Residential
1 bd
1 ba
551 sqft
$817/sqft
Built 2025
MLS® 1026950
Coldwell Banker Oceanside Real Estate
Under your rent
30
$449,900
~$2,132/mo
i#309 – 1102 Esquimalt Road
Esquimalt · Residential
1 bd
1 ba
551 sqft
$817/sqft
Built 2025
MLS® 1026958
Coldwell Banker Oceanside Real Estate
Under your rent
27
$449,900
~$2,132/mo
i#203 – 1102 Esquimalt Road
Esquimalt · Residential
1 bd
1 ba
550 sqft
$818/sqft
Built 2025
MLS® 1026890
Coldwell Banker Oceanside Real Estate
Under your rent
26
$449,900
~$2,132/mo
i#202 – 1102 Esquimalt Road
Esquimalt · Residential
1 bd
1 ba
546 sqft
$824/sqft
Built 2025
MLS® 1026490
Coldwell Banker Oceanside Real Estate
Under your rent
28
$399,900
~$1,895/mo
i#305 – 610 Lampson Street
Esquimalt · Residential
1 bd
1 ba
602 sqft
$664/sqft
Built 2025
MLS® 1026538
Coldwell Banker Oceanside Real Estate
Under your rent
15
$389,900
~$1,848/mo
i#616 – 1075 Tillicum Road
Esquimalt · Residential
1 bd
1 ba
372 sqft
$1,048/sqft
Built 2026
MLS® 1043991
Newport Realty Ltd.
Under your rent
34
$499,900
~$2,369/mo
i#403 – 1008 Tillicum Road
Esquimalt · Residential
2 bd
1 ba
891 sqft
$561/sqft
Built 2010
MLS® 1046618
RE/MAX Camosun
Under your rent
33
$389,000
~$1,844/mo
i#304 – 830 Esquimalt Road
Esquimalt · Residential
2 bd
1 ba
841 sqft
$463/sqft
Built 1978
MLS® 1042264
RE/MAX Camosun
Under your rent
20
$350,000
~$1,659/mo
i#204 – 710 Lampson Street
Esquimalt · Residential
2 bd
1 ba
843 sqft
$415/sqft
Built 1974
MLS® 1037987
Newport Realty Ltd.
See all on the map (23 active listings)
Other rents in Esquimalt
$1,500/mo · $1,800/mo · $2,000/mo · $2,200/mo · $3,000/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 5.73 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 $2,500 a month in rent buy in Esquimalt?
At a 5.19% rate with 20% down over 25 years, $2,500/mo carries the mortgage on a home priced around $527,000. Covering tax, strata and insurance inside the same budget, the matching price is about $394,000.
How much do I need for a down payment?
On a $527,000 home at 20% down, the down payment is $105,000. 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 $634/mo in tax, strata and insurance, so the honest all-in monthly on a $527,000 home is closer to $3,134.
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.
$1,500/mo in Esquimalt$1,800/mo in Esquimalt$2,000/mo in Esquimalt$2,200/mo in Esquimalt$3,000/mo in Esquimalt$3,500/mo in Esquimalt$4,000/mo in EsquimaltAll rent bands in EsquimaltEsquimalt market reportMortgage calculator
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.