Newly Listed
Under your rent
Open House on Sun, 1pm–3pm
22
$579,888
~$2,749/mo
i#423 – 723 3rd Street
North Vancouver · Residential
1 bd
1 ba
619 sqft
$937/sqft
Built 2016
MLS® R3157859
Sutton Group-West Coast Realty
Rent vs mortgage
$3,000 a month in rent buys a $633,000 home in North Vancouver
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 $516,000. Here are the 114 North Vancouver homes on the market at or under it right now.
Purchase price
$633,000
Down payment
$127,000
All-in monthly
$3,552/mo
Matching homes
114
North Vancouver homes your $3,000 rent could own
Newly Listed
Under your rent
30
$539,900
~$2,559/mo
i#307 – 252 2nd Street
North Vancouver · Residential
1 bd
1 ba
679 sqft
$795/sqft
Built 1974
MLS® R3157242
Engel & Volkers Vancouver
Under your rent
19
$575,000
~$2,725/mo
i#214 – 1621 HAMILTON Avenue
North Vancouver · Residential
1 bd
1 ba
684 sqft
$841/sqft
Built 2015
MLS® R3155286
Oakwyn Realty Ltd.
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
SRS Hall of Fame Realty
New
Under your rent
Open House on Sat, 12pm–2pm
26
$579,000
~$2,744/mo
i#1301 – 158 13th Street
North Vancouver · Residential
1 bd
1 ba
522 sqft
$1,109/sqft
Built 2009
MLS® R3158174
Babych Group Realty Vancouver Ltd.
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
Royal LePage Sussex
Under your rent
25
$559,000
~$2,650/mo
i#1208 – 1320 Chesterfield Avenue
North Vancouver · Residential
1 bd
1 ba
518 sqft
$1,079/sqft
Built 2009
MLS® R3143810
Royal LePage Sussex
Under your rent
30
$560,000
~$2,654/mo
i#208 – 333 1ST Street
North Vancouver · Residential
1 bd
1 ba
708 sqft
$791/sqft
Built 2000
MLS® R3148846
RE/MAX Masters Realty
Under your rent
12
$630,000
~$2,986/mo
i#405 – 1401 HUNTER Street
North Vancouver · Residential
1 bd
1 ba
630 sqft
$1,000/sqft
Built 2022
MLS® R3146170
Panda Luxury Homes
Newly Listed
Under your rent
35
$618,500
~$2,932/mo
i#210 – 1677 Lloyd Avenue
North Vancouver · Residential
1 bd
1 ba
689 sqft
$898/sqft
Built 2011
MLS® R3157266
Team 3000 Realty Ltd.
Under your rent
23
$549,000
~$2,602/mo
i#112 – 211 3rd Street
North Vancouver · Residential
2 bd
1 ba
821 sqft
$669/sqft
Built 1973
MLS® R3148067
Babych Group Realty Vancouver Ltd.
Under your rent
21
$625,000
~$2,962/mo
i#102 – 123 6TH Street
North Vancouver · Residential
1 bd
1 ba
730 sqft
$856/sqft
Built 1990
MLS® R3157826
Sutton Group-West Coast Realty
See all on the map (114 active listings)
Other rents in North Vancouver
$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 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 $3,000 a month in rent buy in North Vancouver?
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 $516,000.
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 $552/mo in tax, strata and insurance, so the honest all-in monthly on a $633,000 home is closer to $3,552.
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.