Under your rent
42
$509,000
$215/sqft
4 bd · 3 ba · 2,368 sqft
1762 FIRST Street
Fruitvale · Single Family
~$2,413/mo
Listed by RE/MAX All Pro RealtyMLS® 10400194
Rent vs own
What your rent could own in Fruitvale.
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
- $539,450
- Homes at or under it
- 9
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$527,000
20% down assumed ($105,000). 9 homes listed at or under it in Fruitvale.
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
- $539,450
- Homes at or under it
- 9
Source: Current MLS® listings.
What each rent buys
In Fruitvale, a $2,500 rent carries the mortgage on a home priced around $527,000. That is $12,450 under Fruitvale's $539,450 median home price. 9 homes are listed at or under it. Figures use 5.19% over 25 years with 20% down.
Fruitvale homes around a $2,500 rent
9 active listings
Under your rent
40
$215,000
$101/sqft
3 bd · 2 ba · 2,122 sqft
1976 Watson Lane
Fruitvale · Single Family
~$1,019/mo
Listed by RE/MAX All Pro RealtyMLS® 10403639
Under your rent
26
$314,000
Lot A BLUEBIRD Road
Fruitvale · Vacant Land
~$1,488/mo
Listed by RE/MAX All Pro RealtyMLS® 10387706
Under your rent
58
$499,000
$204/sqft
3 bd · 2 ba · 2,442 sqft
1500 3B Hwy Other
Fruitvale · Single Family
~$2,365/mo
Listed by RE/MAX All Pro RealtyMLS® 10384129
Under your rent
48
$479,900
$210/sqft
2 bd · 2 ba · 2,290 sqft
114 Mountain Side Drive
Fruitvale · Single Family
~$2,275/mo
Listed by RE/MAX All Pro RealtyMLS® 10402592
Under your rent
12
$159,900
28 EVERGREEN Avenue
Fruitvale · Vacant Land
~$758/mo
Listed by RE/MAX All Pro RealtyMLS® 10328557
Under your rent
45
$399,000
$233/sqft
5 bd · 3 ba · 1,715 sqft
1765 3B Highway
Fruitvale · Single Family
~$1,891/mo
Listed by Century 21 Kootenay Homes (2018) LtdMLS® 10389409
Under your rent
56
$479,900
$178/sqft
5 bd · 2 ba · 2,695 sqft
1520 3B Highway
Fruitvale · Single Family
~$2,275/mo
Listed by Century 21 Kootenay Homes (2018) LtdMLS® 10394022
Under your rent
16
$329,000
$163/sqft
2 bd · 1 ba · 2,014 sqft
1866 COLE Street
Fruitvale · Single Family
~$1,559/mo
Listed by RE/MAX All Pro RealtyMLS® 10391517
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 Fruitvale
Listings and market data for Fruitvale.
Nearby cities
Compare Fruitvale 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.