Under your rent
40
$429,000
~$2,033/mo
i#128 – 11931 PONDEROSA Boulevard
Pitt Meadows · Residential
2 bd
2 ba
1,062 sqft
$404/sqft
Built 2004
MLS® R3157329
2 Percent Realty West Coast
Rent vs mortgage
$2,200 a month in rent buys a $464,000 home in Pitt Meadows
That is what a 2200-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 $349,000. Here are the 9 Pitt Meadows homes on the market at or under it right now.
Purchase price
$464,000
Down payment
$93,000
All-in monthly
$2,745/mo
Matching homes
9
Pitt Meadows homes your $2,200 rent could own
Under your rent
15
$239,900
~$1,137/mo
i#19 – 11882 Poplar Drive
Pitt Meadows · Residential
2 bd
1 ba
768 sqft
$312/sqft
Built 1973
MLS® R3138144
2 Percent Realty West Coast
Under your rent
25
$419,900
~$1,990/mo
i#217 – 11950 Harris Road
Pitt Meadows · Residential
1 bd
1 ba
713 sqft
$589/sqft
Built 2008
MLS® R3142941
RE/MAX LIFESTYLES REALTY
Under your rent
40
$399,900
~$1,895/mo
i#203 – 19130 Ford Road
Pitt Meadows · Residential
2 bd
2 ba
1,271 sqft
$315/sqft
Built 1994
MLS® R3147084
RE/MAX City Realty
Under your rent
35
$419,900
~$1,990/mo
i#111 – 12565 190a Street
Pitt Meadows · Residential
1 bd
1 ba
622 sqft
$675/sqft
Built 2013
MLS® R3138566
Royal LePage West Real Estate Services
Under your rent
33
$449,800
~$2,132/mo
i#103 – 19673 Meadow Gardens Way
Pitt Meadows · Residential
1 bd
1 ba
741 sqft
$607/sqft
Built 2007
MLS® R3142969
Royal LePage Elite West
Under your rent
40
$368,000
~$1,744/mo
iLot 4 Williams Landing
Pitt Meadows · Land
MLS® R3096253
Team 3000 Realty Ltd.
Under your rent
35
$448,888
~$2,128/mo
i#209 – 12655 190a Street
Pitt Meadows · Residential
1 bd
1 ba
624 sqft
$719/sqft
Built 2014
MLS® R3132587
RE/MAX LIFESTYLES REALTY
Under your rent
40
$399,000
~$1,891/mo
i19728 POPLAR Place
Pitt Meadows · Residential
2 bd
2 ba
1,300 sqft
$307/sqft
Built 1994
MLS® R3073241
Oakwyn Realty Ltd.
See all on the map (9 active listings)
Other rents in Pitt Meadows
$1,500/mo · $1,800/mo · $2,000/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 4.22 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 $2,200 a month in rent buy in Pitt Meadows?
At a 5.19% rate with 20% down over 25 years, $2,200/mo carries the mortgage on a home priced around $464,000. Covering tax, strata and insurance inside the same budget, the matching price is about $349,000.
How much do I need for a down payment?
On a $464,000 home at 20% down, the down payment is $93,000. 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 $545/mo in tax, strata and insurance, so the honest all-in monthly on a $464,000 home is closer to $2,745.
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.