Under your rent
31
$445,000
$852/sqft
1 bd · 1 ba · 522 sqft
D – 6505 Powder Main Road
Port Renfrew · Single Family
~$2,109/mo
Listed by RE/MAX CamosunMLS® 1036594
Rent vs own
What your rent could own in Port Renfrew.
Enter your rent to see the home price it could cover and homes listed at that price.
- A $2,500 rent carries
- $527,000
- Median asking
- $569,000
- Homes at or under it
- 10
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$527,000
20% down assumed ($105,000). 10 homes listed at or under it in Port Renfrew.
Of the first payment, about $694 goes to the loan itself. Tax, strata and insurance would bring the all-in price closer to $414,000.
- A $2,500 rent carries
- $527,000
- Median asking
- $569,000
- Homes at or under it
- 10
Source: Current MLS® listings.
What each rent buys
In Port Renfrew, a $2,500 rent carries the mortgage on a home priced around $527,000. That is $42,000 under Port Renfrew's $569,000 median home price. 10 homes are listed at or under it. Figures use 5.19% over 25 years with 20% down.
Port Renfrew homes around a $2,500 rent
10 active listings
Under your rent
14
$399,000
$1,188/sqft
1 bd · 1 ba · 336 sqft
#10, 6574 Baird Road
Port Renfrew · Single Family
~$1,891/mo
Listed by RE/MAX CamosunMLS® 1021291
Under your rent
42
$249,900
$1,250/sqft
1 bd · 0 ba · 200 sqft
#29, 6240 Cerantes Road
Port Renfrew · Recreational
~$1,184/mo
Listed by Pemberton Holmes - SookeMLS® 1022555
Under your rent
51
$499,000
$471/sqft
3 bd · 1 ba · 1,060 sqft
17002 Wickanninish Road
Port Renfrew · Single Family
~$2,365/mo
Listed by Pemberton Holmes - SookeMLS® 1047426
Under your rent
42
$268,500
16926 Beachview Close
Port Renfrew · Vacant Land
~$1,273/mo
Listed by eXp RealtyMLS® 1042321
Under your rent
11
$379,900
16953 Beachview Drive
Port Renfrew · Vacant Land
~$1,801/mo
Listed by DFH Real Estate Ltd.MLS® 1040585
Under your rent
14
$399,900
16923 Beachview Close
Port Renfrew · Vacant Land
~$1,895/mo
Listed by RE/MAX CamosunMLS® 1039643
Under your rent
33
$429,000
$1,153/sqft
1 bd · 1 ba · 372 sqft
#15, 6504 Powder Main Road
Port Renfrew · Recreational
~$2,033/mo
Listed by The AgencyMLS® 1036519
Under your rent
29
$399,000
$1,295/sqft
1 bd · 1 ba · 308 sqft
#17, 6504 Powder Main Road
Port Renfrew · Recreational
~$1,891/mo
Listed by The AgencyMLS® 1036464
Under your rent
29
$329,900
16911 Beachview Drive
Port Renfrew · Vacant Land
~$1,564/mo
Listed by Pemberton Holmes - SookeMLS® 1033457
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of the Canadian Real Estate Association (CREA).
Renting or owning: what changes
One-time costs
Buying adds transfer tax, legal fees and an inspection, paid on closing.
Monthly costs past the mortgage
Property tax, strata and insurance are on top of the mortgage. Compare the total with your rent.
Flexibility
A lease is easier to leave. Owning suits staying put for some years.
To see the year owning starts to cost less than renting, try rent or buy.
Assumptions
- Rate
- 5.19%, the posted five-year fixed rate. Illustrative, not a quote.
- Amortization
- 25 years
- Down payment
- 20% ($105,000 on $527,000)
- Property tax
- 3.50 per $1,000 of value
- Strata
- $320 a month, an estimate
- Insurance
- $62 a month, an estimate
An estimate, not a mortgage approval or financial advice. Change the rate, down payment or amortization in the calculator and the figures update.
More ways to explore Port Renfrew
Listings and market data for Port Renfrew.
Nearby cities
Compare Port Renfrew with other markets in the region.
Prepared by
Written and maintained by Ray Rasouli, REALTOR®, licensed in British Columbia and founder of Relta Real Estate.
Data
Source: MLS® listing data from BC real estate boards (MLS® Reciprocity) and CREA's DDF®.
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of the Canadian Real Estate Association (CREA).
CorrectionsReport a correction
A mortgage broker can confirm what you qualify for.