Under your rent
32
$524,800
$396/sqft
2 bd · 3 ba · 1,326 sqft
#39, 750 Hot Springs Road
Harrison Hot Springs · Single Family Residence
~$2,487/mo
Listed by RE/MAX All Points RealtyMLS® R3171576
Rent vs own
What your rent could own in Harrison Hot Springs.
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
- $725,000
- Homes at or under it
- 8
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$527,000
20% down assumed ($105,000). 8 homes listed at or under it in Harrison Hot Springs.
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
- $725,000
- Homes at or under it
- 8
Source: Current MLS® listings.
What each rent buys
In Harrison Hot Springs, a $2,500 rent carries the mortgage on a home priced around $527,000. That is $198,000 under Harrison Hot Springs's $725,000 median home price. 8 homes are listed at or under it. Figures use 5.19% over 25 years with 20% down.
Harrison Hot Springs homes around a $2,500 rent
8 active listings
Under your rent
28
$499,000
$459/sqft
3 bd · 3 ba · 1,086 sqft
#23, 750 Hot Springs Road
Harrison Hot Springs · Single Family Residence
~$2,365/mo
Listed by YPA Your Property AgentMLS® R3131508
Under your rent
32
$86,700
$186/sqft
1 bd · 1 ba · 465 sqft
#212C, 160 Esplanade Avenue
Harrison Hot Springs · Apartment/Condo
~$411/mo
Listed by Royal Lepage Wheeler CheamMLS® R3130366
Under your rent
9
$399,900
630 Schooner Place
Harrison Hot Springs · Land
~$1,895/mo
Listed by Century 21 Creekside RealtyMLS® R3164020
Under your rent
31
$350,000
$337/sqft
2 bd · 1 ba · 1,040 sqft
BLK A – DL 1845 Cascade Bay
Harrison Hot Springs · Recreational
~$1,659/mo
Listed by Royal LePage - WolstencroftMLS® R3155502
Under your rent
40
$79,000
$170/sqft
1 bd · 1 ba · 465 sqft
#312A, 160 Esplanade Avenue
Harrison Hot Springs · Apartment/Condo
~$374/mo
Listed by Royal Lepage Wheeler CheamMLS® R3106565
Under your rent
30
$297,500
$888/sqft
1 bd · 1 ba · 335 sqft
#20, 450 Esplanade Avenue
Harrison Hot Springs · Apartment/Condo
~$1,410/mo
Listed by Royal Lepage Wheeler CheamMLS® R3144788
Under your rent
5
$399,900
LOT 179 Yale Division Yale District Lake
Harrison Hot Springs · Land
~$1,895/mo
Listed by RE/MAX Lifestyles Realty (Langley)MLS® R3118482
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 Harrison Hot Springs
Listings and market data for Harrison Hot Springs.
Nearby cities
Compare Harrison Hot Springs 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.