$429,000
~$2,033/mo
i#207 – 514 VICTORIA Street
Nelson · Residential
1 bd
1 ba
593 sqft
$723/sqft
Built 2023
MLS® 10381704
eXp Realty
Rent vs mortgage
That is what a 2500-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 $388,000. Here are the 52 Nelson homes on the market at or under it right now.
Purchase price
$527,000
Down payment
$105,000
All-in monthly
$3,160/mo
Matching homes
52
$429,000
~$2,033/mo
i#207 – 514 VICTORIA Street
Nelson · Residential
1 bd
1 ba
593 sqft
$723/sqft
Built 2023
MLS® 10381704
eXp Realty
$108,000
~$512/mo
i6812 GRANDVIEW Drive
Nelson · Land
MLS® 10392371
eXp Realty
$479,000
~$2,270/mo
iD – 1224 STANLEY Street
Nelson · Residential
2 bd
1 ba
636 sqft
$753/sqft
Built 2023
MLS® 10397285
eXp Realty
$499,500
~$2,368/mo
i4630 Highway 3A Highway
Nelson · Residential
4 bd
2 ba
1,680 sqft
$297/sqft
Built 1963
MLS® 10382942
Valhalla Path Realty
$162,900
~$772/mo
i#18 – 2917 GEORAMA Road
Nelson · Residential
2 bd
1 ba
1,040 sqft
$157/sqft
Built 1979
MLS® 10396633
WK Real Estate Co.
$524,900
~$2,488/mo
i416 BEASLEY W Crescent
Nelson · Residential
3 bd
2 ba
1,287 sqft
$408/sqft
Built 1994
MLS® 10398184
WK Real Estate Co.
$420,000
~$1,991/mo
i#30 – 1691 3A Highway
Nelson · Residential
2 bd
1 ba
1,273 sqft
$330/sqft
Built 1982
MLS® 10397807
Royal LePage Rosling Realty
$499,000
~$2,365/mo
i#8 – 702 Fourth Street
Nelson · Residential
2 bd
1 ba
749 sqft
$666/sqft
Built 2010
MLS® 10393367
Valhalla Path Realty
$515,000
~$2,441/mo
i#301 – 710 Vernon Street
Nelson · Residential
1 bd
1 ba
715 sqft
$720/sqft
Built 2016
MLS® 10397784
Fair Realty (Kaslo)
$129,500
~$614/mo
i#39 – 1554 GRANITE Road
Nelson · Residential
2 bd
1 ba
880 sqft
$147/sqft
Built 1970
MLS® 10384735
eXp Realty
$495,000
~$2,346/mo
i902 FELL Street
Nelson · Residential
2 bd
1 ba
876 sqft
$565/sqft
Built 1903
MLS® 10388034
Royal LePage Rosling Realty
$340,000
~$1,612/mo
i#25 – 900 Gore Street
Nelson · Residential
2 bd
2 ba
1,300 sqft
$262/sqft
Built 1994
MLS® 10394673
Royal LePage Rosling Realty
See all on the map (52 active listings)
$1,500/mo · $1,800/mo · $2,000/mo · $2,200/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 6.33 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, $2,500/mo carries the mortgage on a home priced around $527,000. Covering tax, strata and insurance inside the same budget, the matching price is about $388,000.
On a $527,000 home at 20% down, the down payment is $105,000. 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 $660/mo in tax, strata and insurance, so the honest all-in monthly on a $527,000 home is closer to $3,160.
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.