Under your rent
Open House on Sun, 1pm–3pm
38
$649,999
~$3,081/mo
i#117 – 723 3rd Street
North Vancouver · Residential
1 bd
1 ba
616 sqft
$1,055/sqft
Built 2016
MLS® R3152887
Stilhavn Real Estate Services
Rent vs mortgage
$4,000 a month in rent buys a $844,000 home in North Vancouver
That is what a 4000-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 $716,000. Here are the 247 North Vancouver homes on the market at or under it right now.
Purchase price
$844,000
Down payment
$169,000
All-in monthly
$4,608/mo
Matching homes
247
North Vancouver homes your $4,000 rent could own
Under your rent
Open House on Sat, 2pm–4pm
40
$729,000
~$3,455/mo
i#405 – 3658 Banff Court
North Vancouver · Residential
2 bd
2 ba
809 sqft
$901/sqft
Built 1995
MLS® R3140865
RE/MAX Select Properties
Under your rent
40
$819,990
~$3,887/mo
i#802 – 160 KEITH Road
North Vancouver · Residential
2 bd
2 ba
861 sqft
$952/sqft
Built 1996
MLS® R3152507
Oakwyn Realty Ltd.
Under your rent
27
$648,000
~$3,071/mo
i#408 – 1471 Hunter Street
North Vancouver · Residential
1 bd
1 ba
632 sqft
$1,025/sqft
Built 2022
MLS® R3146747
Royal LePage Sussex
New
Under your rent
Open House on Thu, 5pm–6:30pm
19
$688,000
~$3,261/mo
i#206 – 327 2nd Street
North Vancouver · Residential
2 bd
2 ba
975 sqft
$706/sqft
Built 1975
MLS® R3158263
Oakwyn Realty Ltd.
Newly Listed
Under your rent
31
$749,000
~$3,550/mo
i#201 – 127 4th Street
North Vancouver · Residential
2 bd
2 ba
1,022 sqft
$733/sqft
Built 1972
MLS® R3157772
Rennie & Associates Realty - Jason Soprovich
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
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.
Under your rent
16
$659,000
~$3,123/mo
i#206 – 1273 MARINE Drive
North Vancouver · Residential
1 bd
1 ba
665 sqft
$991/sqft
Built 2012
MLS® R3154847
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.
See all on the map (247 active listings)
Other rents in North Vancouver
$1,500/mo · $1,800/mo · $2,000/mo · $2,200/mo · $2,500/mo · $3,000/mo · $3,500/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 $4,000 a month in rent buy in North Vancouver?
At a 5.19% rate with 20% down over 25 years, $4,000/mo carries the mortgage on a home priced around $844,000. Covering tax, strata and insurance inside the same budget, the matching price is about $716,000.
How much do I need for a down payment?
On a $844,000 home at 20% down, the down payment is $169,000. 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 $608/mo in tax, strata and insurance, so the honest all-in monthly on a $844,000 home is closer to $4,608.
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.