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
Oakwyn Realty Ltd.
Rent vs mortgage
$1,800 a month in rent buys a $380,000 home in North Vancouver
That is what a 1800-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 $278,000. Here are the 8 North Vancouver homes on the market at or under it right now.
Purchase price
$380,000
Down payment
$76,000
All-in monthly
$2,284/mo
Matching homes
8
North Vancouver homes your $1,800 rent could own
Newly Listed
Under your rent
6
$199,000
~$943/mo
iA07 – 415 Esplanade
North Vancouver · Residential
1 bd
1 ba
480 sqft
$415/sqft
Built 1979
MLS® R3155380
Royal LePage Westside
Under your rent
21
$369,000
~$1,749/mo
i#315 – 155 5TH Street
North Vancouver · Residential
1 bd
1 ba
708 sqft
$521/sqft
Built 1970
MLS® R3098747
Macdonald Realty
Under your rent
23
$365,000
~$1,730/mo
i#702 – 2024 Fullerton Avenue
North Vancouver · Residential
1 bd
1 ba
789 sqft
$463/sqft
Built 1975
MLS® R3139207
Oakwyn Realty Ltd.
Under your rent
24
$320,000
~$1,517/mo
iJNW33 – 415 Esplanade
North Vancouver · Residential
2 bd
2 ba
1,195 sqft
$268/sqft
Built 1992
MLS® R3142240
Royal LePage Westside
Under your rent
$70,000
~$332/mo
iLOT 2 FROMME MT.
North Vancouver · Land
MLS® R3128259
Angell, Hasman & Associates Realty Ltd.
Under your rent
23
$68,000
~$322/mo
iLot 2 Indian River Drive
North Vancouver · Land
MLS® R2950139
Royal LePage Sussex
25
$379,999
~$1,801/mo
i#1610 – 2016 Fullerton Avenue
North Vancouver · Residential
0 bd
1 ba
542 sqft
$701/sqft
Built 1977
MLS® R3068098
Stonehaus Realty Corp.
See all on the map (8 active listings)
Other rents in North Vancouver
$1,500/mo · $2,000/mo · $2,200/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 3.22 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 $1,800 a month in rent buy in North Vancouver?
At a 5.19% rate with 20% down over 25 years, $1,800/mo carries the mortgage on a home priced around $380,000. Covering tax, strata and insurance inside the same budget, the matching price is about $278,000.
How much do I need for a down payment?
On a $380,000 home at 20% down, the down payment is $76,000. 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 $484/mo in tax, strata and insurance, so the honest all-in monthly on a $380,000 home is closer to $2,284.
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.