Under your rent
11
$549,900
~$2,606/mo
i12653 Cardinal Street
Mission · Land
MLS® R3146782
Oakwyn Realty Ltd.
Rent vs mortgage
$3,000 a month in rent buys a $633,000 home in Mission
That is what a 3000-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 $508,000. Here are the 150 Mission homes on the market at or under it right now.
Purchase price
$633,000
Down payment
$127,000
All-in monthly
$3,593/mo
Matching homes
150
Mission homes your $3,000 rent could own
Under your rent
27
$565,000
~$2,678/mo
i#311 – 33920 Best Avenue
Mission · Residential
2 bd
2 ba
964 sqft
$586/sqft
Built 2025
MLS® R3126993
Multiple Realty Ltd.
Newly Listed
Under your rent
16
$515,000
~$2,441/mo
i#305 – 33150 4th Avenue
Mission · Residential
3 bd
2 ba
1,092 sqft
$472/sqft
Built 1996
MLS® R3157624
Royal LePage Little Oak Realty
Under your rent
23
$344,800
~$1,634/mo
i#507 – 7375 HORNE Street
Mission · Residential
1 bd
1 ba
461 sqft
$748/sqft
Built 2026
MLS® R3130795
Team 3000 Realty Ltd.
Under your rent
26
$524,900
~$2,488/mo
i#601 – 7375 HORNE Street
Mission · Residential
2 bd
2 ba
786 sqft
$668/sqft
Built 2026
MLS® R3118602
Team 3000 Realty Ltd.
Under your rent
11
$599,000
~$2,839/mo
i11082 Greenwood Drive
Mission · Land
MLS® R3012251
Real Broker BC Ltd
Newly Listed
Under your rent
2
$499,000
~$2,365/mo
i7893 Eagle Crescent
Mission · Residential
2 bd
1 ba
1,040 sqft
$480/sqft
Built 1976
MLS® R3156303
Royal LePage Little Oak Realty
Under your rent
28
$285,000
~$1,351/mo
i#74 – 14600 Morris Valley Road
Mission · Land
MLS® R3115982
eXp Realty
Under your rent
17
$365,000
~$1,730/mo
i#107 – 32690 14 Avenue
Mission · Residential
1 bd
1 ba
515 sqft
$709/sqft
Built 2023
MLS® R3151701
Century 21 Coastal Realty Ltd.
Under your rent
31
$499,999
~$2,370/mo
i#316 – 33150 4TH Avenue
Mission · Residential
2 bd
2 ba
1,000 sqft
$500/sqft
Built 1996
MLS® R3148088
Real Broker
Under your rent
38
$419,900
~$1,990/mo
i#33 – 7525 Martin Place
Mission · Residential
2 bd
1 ba
1,068 sqft
$393/sqft
Built 1988
MLS® R3152087
RE/MAX LIFESTYLES REALTY
Under your rent
36
$444,800
~$2,108/mo
i#305 – 33599 2 Avenue
Mission · Residential
2 bd
2 ba
945 sqft
$471/sqft
Built 1997
MLS® R3114804
Royal LePage - Wolstencroft
See all on the map (150 active listings)
Other rents in Mission
$1,500/mo · $1,800/mo · $2,000/mo · $2,200/mo · $2,500/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 4.00 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 $3,000 a month in rent buy in Mission?
At a 5.19% rate with 20% down over 25 years, $3,000/mo carries the mortgage on a home priced around $633,000. Covering tax, strata and insurance inside the same budget, the matching price is about $508,000.
How much do I need for a down payment?
On a $633,000 home at 20% down, the down payment is $127,000. 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 $593/mo in tax, strata and insurance, so the honest all-in monthly on a $633,000 home is closer to $3,593.
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.