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Relta Real Estate, by Ray Rasouli

Ray Rasouli is a licensed REALTOR® with the Greater Vancouver board, providing clarity-first guidance for buyers and sellers. No pressure, no hype.

Built for rational decisions, transparent process, and practical next steps.

Ray Rasouli, REALTOR® · Real Broker B.C. Ltd.
500-666 Burrard Street, Vancouver, BC V6C 3P6
+1 (778) 910-6917 · ray@relta.ca
Relta Real Estate is a brand and software platform, not a brokerage. Real estate services are provided by Ray Rasouli, licensed with Real Broker B.C. Ltd.

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Home/Rent vs mortgage/North Vancouver

Rent vs mortgage

What could you buy in North Vancouver instead of renting?

In North Vancouver, a $2,500 rent carries the mortgage on a home priced around $527,000. That is $793,000 under North Vancouver's $1,320,000 median home price, and 50 homes sit at or under it today. Enter your own rent to see what it changes to, from live MLS® inventory.

Rent or own? See what you could afford

Your name

$

/mo

Your monthly rent

Paid as a mortgage, $2,500/mo owns a home worth about

$527,000

50 North Vancouver homes are in your budget

Builds your equity

Rent builds none

Covering mortgage, tax, strata and insurance together, the matching price is about $414,000.

Rate %
Down %
Amort. yrs
Email *

What each rent buys in North Vancouver

Your rent
$1,500/mo
Buys a home priced
$316,000
Homes on the market
3
Your rent
$1,800/mo
Buys a home priced
$380,000
Homes on the market
8
Your rent
$2,000/mo
Buys a home priced
$422,000
Homes on the market
18
Your rent
$2,200/mo
Buys a home priced
$464,000
Homes on the market
25
Your rent
$2,500/mo
Buys a home priced
$527,000
Homes on the market
50
Your rent
$3,000/mo
Buys a home priced
$633,000
Homes on the market
114
Your rent
$3,500/mo
Buys a home priced
$738,000
Homes on the market
184
Your rent
$4,000/mo
Buys a home priced
$844,000
Homes on the market
247
Your rentBuys a home pricedHomes on the market
$1,500/mo$316,0003
$1,800/mo$380,0008
$2,000/mo$422,00018
$2,200/mo$464,00025
$2,500/mo$527,00050
$3,000/mo$633,000114
$3,500/mo$738,000184
$4,000/mo$844,000247

North Vancouver homes around a $2,500 rent

#203 – 211 3rd Street
Newly Listed
Under your rent
26

$469,900

~$2,227/mo

i

#203 – 211 3rd Street

North Vancouver · Residential

1 bd

1 ba

692 sqft

$679/sqft

Built 1974

MLS® R3156279

View

SRS Hall of Fame Realty

#102 – 107 27th Street
Under your rent
24

$449,000

~$2,128/mo

i

#102 – 107 27th Street

North Vancouver · Residential

1 bd

1 ba

647 sqft

$694/sqft

Built 1978

MLS® R3153433

View

Royal LePage Sussex

#302 – 214 15TH Street
Under your rent
31

$369,000

~$1,749/mo

i

#302 – 214 15TH Street

North Vancouver · Residential

1 bd

1 ba

643 sqft

$574/sqft

Built 1969

MLS® R3155504

View

Oakwyn Realty Ltd.

#107 – 170 3RD Street
Under your rent
31

$487,888

~$2,312/mo

i

#107 – 170 3RD Street

North Vancouver · Residential

1 bd

1 ba

766 sqft

$637/sqft

Built 1974

MLS® R3150140

View

Macdonald Realty

#303 – 3596 MALSUM Drive
Under your rent
18

$499,000

~$2,365/mo

i

#303 – 3596 MALSUM Drive

North Vancouver · Residential

1 bd

1 ba

560 sqft

$891/sqft

Built 2025

MLS® R3149398

View

LeHomes Realty Premier

#304 – 827 16TH Street
Under your rent
19

$514,900

~$2,440/mo

i

#304 – 827 16TH Street

North Vancouver · Residential

1 bd

1 ba

617 sqft

$835/sqft

Built 1985

MLS® R3145542

View

Rennie & Associates Realty Ltd.

#519 – 2012 Fullerton Avenue
Under your rent
33

$399,000

~$1,891/mo

i

#519 – 2012 Fullerton Avenue

North Vancouver · Residential

1 bd

1 ba

663 sqft

$602/sqft

Built 1977

MLS® R3153275

View

88West Realty

#303 – 2004 Fullerton Avenue
Under your rent
26

$520,000

~$2,465/mo

i

#303 – 2004 Fullerton Avenue

North Vancouver · Residential

2 bd

1 ba

843 sqft

$617/sqft

Built 1977

MLS® R3120457

View

Royal LePage Sussex

#209 – 275 2nd Street
Under your rent
22

$470,000

~$2,228/mo

i

#209 – 275 2nd Street

North Vancouver · Residential

1 bd

1 ba

633 sqft

$742/sqft

Built 1974

MLS® R3150461

View

Engel & Volkers Vancouver

#104 – 135 21st Street
Under your rent
22

$400,000

~$1,896/mo

i

#104 – 135 21st Street

North Vancouver · Residential

1 bd

1 ba

639 sqft

$626/sqft

Built 1979

MLS® R3121417

View

Royal LePage Sussex

#1 – 1420 Chesterfield Avenue
Newly Listed
Under your rent
17

$427,000

~$2,024/mo

i

#1 – 1420 Chesterfield Avenue

North Vancouver · Residential

2 bd

1 ba

895 sqft

$477/sqft

Built 1957

MLS® R3157062

View

RE/MAX Crest Realty

#516 – 110 17th Street
Under your rent
Open House on today, 12pm–5pm
11

$499,900

~$2,369/mo

i

#516 – 110 17th Street

North Vancouver · Residential

0 bd

1 ba

441 sqft

$1,134/sqft

Built 2026

MLS® R3135531

View

Polygon Realty Limited

See all $2,500/mo matches (50 active listings)

Renting vs buying in North Vancouver: what actually changes

At $2,500/mo your payment would carry a $527,000 North Vancouver home against a $1,320,000 local median. Whether that beats renting comes down to four things, not just the monthly number.

Closing costs

Buying carries one-time costs renting does not: property transfer tax, legal fees and inspection. Budget for them before you compare monthly numbers.

Carrying costs

A mortgage payment is not the whole cost. Property tax, strata and insurance sit on top, which is why the all-in number matters more than the headline.

Equity

Each mortgage payment buys a little more of the home. Rent buys none of it, and that gap compounds over the years you would have rented.

Flexibility

Renting is easier to leave. Owning ties up your down payment and takes time and cost to unwind, so the break-even math only works if you stay put.

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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Compare North Vancouver with other markets in the region.

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Rent vs mortgage in Burnaby

Rent vs mortgage in Coquitlam

Page methodology and sources are stated beside the figures. Content is reviewed by Ray Rasouli, REALTOR®, Real Broker B.C. Ltd.
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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.