Under your rent
47
$450,000
~$2,133/mo
i3910 Saltair Road
Ladysmith · Residential
2 bd
1 ba
1,116 sqft
$403/sqft
Built 1948
MLS® 1047564
Royal LePage Nanaimo Realty LD
Rent vs mortgage
$2,200 a month in rent buys a $464,000 home in Ladysmith
That is what a 2200-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 $334,000. Here are the 44 Ladysmith homes on the market at or under it right now.
Purchase price
$464,000
Down payment
$93,000
All-in monthly
$2,816/mo
Matching homes
44
Ladysmith homes your $2,200 rent could own
Under your rent
5
$329,900
~$1,564/mo
iLot – 5 Colonia Place
Ladysmith · Land
0 bd
0 ba
MLS® 1039930
Century 21 Harbour Realty Ltd.
Under your rent
5
$329,900
~$1,564/mo
iLot – 6 Colonia Drive
Ladysmith · Land
0 bd
0 ba
MLS® 1039935
Century 21 Harbour Realty Ltd.
Under your rent
5
$329,900
~$1,564/mo
iLot – 7 Colonia Drive
Ladysmith · Land
0 bd
0 ba
MLS® 1039941
Century 21 Harbour Realty Ltd.
Under your rent
5
$329,900
~$1,564/mo
iLot – 2 Lavandusky Place
Ladysmith · Land
0 bd
0 ba
MLS® 1039928
Century 21 Harbour Realty Ltd.
Under your rent
4
$329,900
~$1,564/mo
i424 Colonia Drive
Ladysmith · Land
0 bd
0 ba
MLS® 946086
Century 21 Harbour Realty Ltd.
Under your rent
29
$425,000
~$2,014/mo
i#22 – 711 Malone Road
Ladysmith · Residential
3 bd
2 ba
1,100 sqft
$386/sqft
Built 1993
MLS® 1038735
Royal LePage Island Living (QU)
Under your rent
54
$343,000
~$1,626/mo
i#29 – 541 Jim Cram Drive
Ladysmith · Residential
2 bd
2 ba
887 sqft
$387/sqft
Built 2015
MLS® 1041197
eXp Realty (NA)
Under your rent
3
$449,000
~$2,128/mo
iLot 1 – 12421 Rocky Creek Road
Ladysmith · Land
0 bd
0 ba
MLS® 1038928
Century 21 Harbour Realty Ltd.
Under your rent
8
$335,000
~$1,588/mo
i112 Marina View Drive
Ladysmith · Land
0 bd
0 ba
MLS® 1046867
Century 21 Harbour Realty Ltd.
Under your rent
7
$335,000
~$1,588/mo
i118 Marina View Drive
Ladysmith · Land
0 bd
0 ba
MLS® 1046866
Century 21 Harbour Realty Ltd.
Under your rent
21
$139,900
~$663/mo
i#117 – 1736 Timberlands Road
Ladysmith · Residential
2 bd
2 ba
1,239 sqft
$113/sqft
Built 1990
MLS® 1037096
Royal LePage Nanaimo Realty LD
See all on the map (44 active listings)
Other rents in Ladysmith
$1,500/mo · $1,800/mo · $2,000/mo · $2,500/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 6.05 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 $2,200 a month in rent buy in Ladysmith?
At a 5.19% rate with 20% down over 25 years, $2,200/mo carries the mortgage on a home priced around $464,000. Covering tax, strata and insurance inside the same budget, the matching price is about $334,000.
How much do I need for a down payment?
On a $464,000 home at 20% down, the down payment is $93,000. 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 $616/mo in tax, strata and insurance, so the honest all-in monthly on a $464,000 home is closer to $2,816.
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.
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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.