$349,900
~$1,658/mo
i409 Westridge Drive
Invermere · Land
MLS® 10397655
RE/MAX Invermere
Rent vs mortgage
That is what a 2000-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 $297,000. Here are the 32 Invermere homes on the market at or under it right now.
Purchase price
$422,000
Down payment
$84,000
All-in monthly
$2,591/mo
Matching homes
32
$349,900
~$1,658/mo
i409 Westridge Drive
Invermere · Land
MLS® 10397655
RE/MAX Invermere
$324,900
~$1,540/mo
i#608 – 200 Black Forest Trail
Invermere · Residential
2 bd
2 ba
1,021 sqft
$318/sqft
Built 2006
MLS® 10389549
Fair Realty
$314,900
~$1,493/mo
i#712 – 200 Black Forest Trail
Invermere · Residential
2 bd
2 ba
1,019 sqft
$309/sqft
Built 2006
MLS® 10389546
Fair Realty
$409,900
~$1,943/mo
i#3413 – 205 Third Avenue
Invermere · Residential
2 bd
2 ba
899 sqft
$456/sqft
Built 2008
MLS® 10390084
Royal LePage Rockies West
$180,000
~$853/mo
iLambert Road
Invermere · Residential
2 bd
2 ba
1,096 sqft
$164/sqft
Built 1975
MLS® 10382709
eXp Realty
$339,000
~$1,607/mo
i#1314 – 205 THIRD Avenue
Invermere · Residential
2 bd
2 ba
884 sqft
$383/sqft
Built 2008
MLS® 10385821
Royal LePage Rockies West
$36,900
~$175/mo
i#213 I – 701 14A Crescent
Invermere · Residential
2 bd
2 ba
903 sqft
$41/sqft
Built 2003
MLS® 10393824
MaxWell Rockies Realty
$124,900
~$592/mo
i61 SANDSTONE Circle
Invermere · Land
MLS® 10394338
Royal LePage Rockies West
$411,900
~$1,952/mo
i#46 – 2098 Pine Tree Way
Invermere · Residential
2 bd
2 ba
849 sqft
$485/sqft
Built 2025
MLS® 10389080
Royal LePage Rockies West
$219,000
~$1,038/mo
iLot 24 LEDGEROCK Ridge
Invermere · Residential
MLS® 10378190
MaxWell Rockies Realty
$399,000
~$1,891/mo
i#3118 – 205 THIRD Avenue
Invermere · Residential
2 bd
2 ba
912 sqft
$438/sqft
Built 2008
MLS® 10393015
RE/MAX Invermere
$368,500
~$1,747/mo
i#1201 – 205 Third Avenue
Invermere · Residential
2 bd
2 ba
883 sqft
$417/sqft
Built 2008
MLS® 10376655
Royal LePage Rockies West
See all on the map (32 active listings)
$1,500/mo · $1,800/mo · $2,200/mo · $2,500/mo · $3,000/mo · $3,500/mo · $4,000/mo
Every figure assumes a 5.19% interest rate, 20% down and a 25-year amortization. Property tax uses the local municipal residential rate of 5.95 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.
At a 5.19% rate with 20% down over 25 years, $2,000/mo carries the mortgage on a home priced around $422,000. Covering tax, strata and insurance inside the same budget, the matching price is about $297,000.
On a $422,000 home at 20% down, the down payment is $84,000. A smaller down payment raises the monthly cost and may add mortgage insurance.
The mortgage payment is, by design; that is what this page solves for. Owning also adds roughly $591/mo in tax, strata and insurance, so the honest all-in monthly on a $422,000 home is closer to $2,591.
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.
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.