Under your rent
30
$410,000
7033 GROSSETT Road
Lone Butte · Vacant Land
~$1,943/mo
Listed by REMAX 100MLS® R3135725
Rent vs own
What your rent could own in Lone Butte.
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
- $575,000
- Homes at or under it
- 19
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$527,000
20% down assumed ($105,000). 19 homes listed at or under it in Lone Butte.
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
- $575,000
- Homes at or under it
- 19
Source: Current MLS® listings.
What each rent buys
In Lone Butte, a $2,500 rent carries the mortgage on a home priced around $527,000. That is $48,000 under Lone Butte's $575,000 median home price. 19 homes are listed at or under it. Figures use 5.19% over 25 years with 20% down.
Lone Butte homes around a $2,500 rent
19 active listings
Under your rent
40
$489,000
$270/sqft
3 bd · 3 ba · 1,810 sqft
5975 LITTLE FORT 24 Highway
Lone Butte · Single Family
~$2,318/mo
Listed by eXp Realty (100 Mile)MLS® R3167493
Under your rent
10
$119,900
LOT 1 – 5916 LITTLE FORT 24 Highway
Lone Butte · Vacant Land
~$568/mo
Listed by Team 3000 Realty LtdMLS® R3112564
Under your rent
6
$119,900
LOT 2 – 5916 LITTLE FORT 24 Highway
Lone Butte · Vacant Land
~$568/mo
Listed by Team 3000 Realty LtdMLS® R3113653
Under your rent
11
$79,900
LOT – 177 FARAWAY Road
Lone Butte · Vacant Land
~$379/mo
Listed by eXp Realty (100 Mile)MLS® R3161321
Under your rent
34
$350,000
$142/sqft
2 bd · 1 ba · 2,466 sqft
7589 JULSRUD Road
Lone Butte · Single Family
~$1,659/mo
Listed by eXp RealtyMLS® R3087734
Under your rent
11
$195,000
LOT – 11 EVERGREEN Drive
Lone Butte · Vacant Land
~$924/mo
Listed by eXp RealtyMLS® R3092268
Under your rent
13
$135,900
7595 LUDLOM Road
Lone Butte · Vacant Land
~$644/mo
Listed by eXp RealtyMLS® R3092719
Under your rent
20
$210,000
LOT – B LONE BUTTE HORSE LAKE Road
Lone Butte · Vacant Land
~$995/mo
Listed by REMAX 100MLS® R3102554
Under your rent
40
$519,000
$490/sqft
1 bd · 2 ba · 1,060 sqft
4220 EAKIN CREEK Road
Lone Butte · Single Family
~$2,460/mo
Listed by Landquest Realty CorporationMLS® R3150055
Under your rent
12
$419,000
7111 LITTLE FORT 24 Highway
Lone Butte · Vacant Land
~$1,986/mo
Listed by Engel & Volkers KamloopsMLS® R3123171
Under your rent
29
$399,900
8356 RAINBOW COUNTRY Road
Lone Butte · Vacant Land
~$1,895/mo
Listed by REMAX 100MLS® R3147259
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 Lone Butte
Listings and market data for Lone Butte.
Nearby cities
Compare Lone Butte 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.