Under your rent
14
$55,000
50 MOLYWOOD Drive
Fraser Lake · Vacant Land
~$261/mo
Listed by RE/MAX VanderhoofMLS® R3168197
Rent vs own
What your rent could own in Fraser Lake.
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
- $234,000
- Homes at or under it
- 30
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$527,000
20% down assumed ($105,000). 30 homes listed at or under it in Fraser Lake.
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
- $234,000
- Homes at or under it
- 30
Source: Current MLS® listings.
What each rent buys
In Fraser Lake, a $2,500 rent carries the mortgage on a home priced around $527,000. That clears Fraser Lake's $234,000 median home price. 30 homes are listed at or under it. Figures use 5.19% over 25 years with 20% down.
Fraser Lake homes around a $2,500 rent
30 active listings
Under your rent
12
$29,900
115 CHOWSUNKET Street
Fraser Lake · Vacant Land
~$142/mo
Listed by RE/MAX VanderhoofMLS® R3161921
Under your rent
11
$29,900
121 CHOWSUNKET Street
Fraser Lake · Vacant Land
~$142/mo
Listed by RE/MAX VanderhoofMLS® R3161920
Under your rent
15
$525,000
180 LANGLEY Avenue
Fraser Lake · Vacant Land
~$2,488/mo
Listed by RE/MAX VanderhoofMLS® C8074414
Under your rent
29
$260,000
DL 2035 HIGHWAY 16
Fraser Lake · Vacant Land
~$1,232/mo
Listed by RE/MAX VanderhoofMLS® R3129147
Under your rent
36
$190,000
$168/sqft
3 bd · 1 ba · 1,134 sqft
7086 STELLA Road
Fraser Lake · Single Family
~$901/mo
Listed by eXp RealtyMLS® R3149959
Under your rent
18
$119,900
153 BIRCH BAY Road
Fraser Lake · Vacant Land
~$568/mo
Listed by Century 21 Energy Realty (PG)MLS® R3121514
Under your rent
40
$435,000
$430/sqft
2 bd · 1 ba · 1,012 sqft
4780 MANCA Place
Fraser Lake · Single Family
~$2,062/mo
Listed by RE/MAX VanderhoofMLS® R3093084
Under your rent
24
$120,000
$122/sqft
2 bd · 1 ba · 984 sqft
#30, 44 ENDAKO Avenue
Fraser Lake · Single Family
~$569/mo
Listed by RE/MAX VanderhoofMLS® R3096205
Under your rent
33
$179,000
DL – 6337 16 Highway
Fraser Lake · Vacant Land
~$848/mo
Listed by RE/MAX VanderhoofMLS® R3113159
Under your rent
40
$275,000
$409/sqft
2 bd · 1 ba · 672 sqft
CABIN 5 – 153 BIRCH BAY RESORT Road
Fraser Lake · Recreational
~$1,303/mo
Listed by RE/MAX VanderhoofMLS® R3084643
Under your rent
40
$339,000
$575/sqft
0 bd · 0 ba · 590 sqft
13573 STELLA Road
Fraser Lake · Recreational
~$1,607/mo
Listed by RE/MAX VanderhoofMLS® R3159253
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 Fraser Lake
Listings and market data for Fraser Lake.
Nearby cities
Compare Fraser Lake 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.