Under your rent
37
$709,000
~$3,360/mo
i#701 – 12079 Harris Road
Pitt Meadows · Residential
2 bd
2 ba
1,052 sqft
$674/sqft
Built 2010
MLS® R3139824
Royal LePage Elite West
Rent vs mortgage
$4,000 a month in rent buys a $844,000 home in Pitt Meadows
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 $701,000. Here are the 65 Pitt Meadows homes on the market at or under it right now.
Purchase price
$844,000
Down payment
$169,000
All-in monthly
$4,679/mo
Matching homes
65
Pitt Meadows homes your $4,000 rent could own
Under your rent
40
$699,000
~$3,313/mo
i#604 – 12079 Harris Road
Pitt Meadows · Residential
2 bd
2 ba
1,037 sqft
$674/sqft
Built 2010
MLS® R3139821
Royal LePage Elite West
New
Under your rent
29
$725,000
~$3,436/mo
i#8 – 19240 119 Avenue
Pitt Meadows · Residential
3 bd
2 ba
1,495 sqft
$485/sqft
Built 1990
MLS® R3158377
Royal LePage Elite West
Under your rent
34
$735,000
~$3,484/mo
i#15 – 19538 Bishops Reach
Pitt Meadows · Residential
2 bd
2 ba
1,258 sqft
$584/sqft
Built 2009
MLS® R3111896
One Percent Realty Ltd.
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
Under your rent
32
$574,800
~$2,724/mo
i#29 – 12449 191 Street
Pitt Meadows · Residential
3 bd
2 ba
1,222 sqft
$470/sqft
Built 1996
MLS® R3148202
RE/MAX All Points Realty
Under your rent
5
$589,000
~$2,792/mo
i#19 – 12449 191 Street
Pitt Meadows · Residential
3 bd
2 ba
1,357 sqft
$434/sqft
Built 1995
MLS® R3144897
Evergreen West Realty
Under your rent
24
$499,900
~$2,369/mo
i#317 – 19236 Ford Road
Pitt Meadows · Residential
2 bd
1 ba
1,223 sqft
$409/sqft
Built 1990
MLS® R3137857
Royal LePage Elite West
Under your rent
40
$578,000
~$2,740/mo
i#21 – 12276 189A Street
Pitt Meadows · Residential
2 bd
2 ba
954 sqft
$606/sqft
Built 1988
MLS® R3148956
Royal LePage Elite West
Under your rent
23
$739,000
~$3,503/mo
i#224 – 19673 Meadow Gardens Way
Pitt Meadows · Residential
3 bd
2 ba
1,149 sqft
$643/sqft
Built 2007
MLS® R3139900
Evergreen West Realty
Under your rent
31
$499,000
~$2,365/mo
i#104 – 19673 Meadow Gardens Way
Pitt Meadows · Residential
1 bd
1 ba
770 sqft
$648/sqft
Built 2007
MLS® R3152047
Royal LePage - Wolstencroft
Under your rent
32
$550,000
~$2,607/mo
i#234 – 19673 MEADOW GARDENS Way
Pitt Meadows · Residential
2 bd
2 ba
1,003 sqft
$548/sqft
Built 2007
MLS® R3157725
Royal LePage Elite West
See all on the map (65 active listings)
Other rents in Pitt Meadows
$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 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 $4,000 a month in rent buy in Pitt Meadows?
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 $701,000.
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 $679/mo in tax, strata and insurance, so the honest all-in monthly on a $844,000 home is closer to $4,679.
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.