$199,000
~$943/mo
iPowell River
Powell River · Residential
2 bd
1 ba
1,210 sqft
$164/sqft
Built 1974
MLS® 19934
RE/MAX POWELL RIVER
Rent vs mortgage
That is what a 2000-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 $285,000. Here are the 60 Powell River homes on the market at or under it right now.
Purchase price
$422,000
Down payment
$84,000
All-in monthly
$2,650/mo
Matching homes
60
$199,000
~$943/mo
iPowell River
Powell River · Residential
2 bd
1 ba
1,210 sqft
$164/sqft
Built 1974
MLS® 19934
RE/MAX POWELL RIVER
$184,900
~$876/mo
iPowell River
Powell River · Residential
1 bd
1 ba
730 sqft
$253/sqft
Built 2019
MLS® 19526
RE/MAX POWELL RIVER
$399,000
~$1,891/mo
iPowell River
Powell River · Residential
1 bd
1 ba
1,016 sqft
$393/sqft
MLS® 20150
2% REALTY PACIFIC COAST
$349,000
~$1,654/mo
iPowell River
Powell River · Residential
3 bd
1 ba
1,690 sqft
$207/sqft
Built 1952
MLS® 19765
ROYAL LEPAGE POWELL RIVER
$155,000
~$735/mo
iPowell River
Powell River · Residential
2 bd
1 ba
842 sqft
$184/sqft
Built 1968
MLS® 20135
ROYAL LEPAGE POWELL RIVER
$314,500
~$1,491/mo
iPowell River
Powell River · Residential
2 bd
2 ba
1,173 sqft
$268/sqft
Built 1996
MLS® 19570
RE/MAX POWELL RIVER
$374,900
~$1,777/mo
iPowell River
Powell River · Residential
3 bd
1 ba
1,456 sqft
$257/sqft
Built 1945
MLS® 19723
460 REALTY POWELL RIVER
$246,000
~$1,166/mo
iPowell River
Powell River · Residential
2 bd
1 ba
869 sqft
$283/sqft
Built 1995
MLS® 19609
RE/MAX POWELL RIVER
$244,000
~$1,156/mo
iPowell River
Powell River · Residential
3 bd
2 ba
1,165 sqft
$209/sqft
Built 1980
MLS® 19696
ROYAL LEPAGE POWELL RIVER
$185,000
~$877/mo
iPowell River
Powell River · Residential
2 bd
1 ba
720 sqft
$257/sqft
Built 1971
MLS® 20044
ROYAL LEPAGE POWELL RIVER
$179,900
~$853/mo
iPowell River
Powell River · Residential
2 bd
1 ba
1,043 sqft
$172/sqft
Built 1993
MLS® 19890
ROYAL LEPAGE POWELL RIVER
$389,900
~$1,848/mo
iPowell River
Powell River · Residential
4 bd
2 ba
1,537 sqft
$254/sqft
Built 1911
MLS® 20133
RE/MAX POWELL RIVER
See all on the map (60 active listings)
$1,500/mo · $1,800/mo · $2,200/mo · $2,500/mo · $3,000/mo · $3,500/mo · $4,000/mo
Every figure assumes a 5.19% interest rate, 20% down and a 25-year amortization. Property tax uses the local municipal residential rate of 7.61 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.
At a 5.19% rate with 20% down over 25 years, $2,000/mo carries the mortgage on a home priced around $422,000. Covering tax, strata and insurance inside the same budget, the matching price is about $285,000.
On a $422,000 home at 20% down, the down payment is $84,000. A smaller down payment raises the monthly cost and may add mortgage insurance.
The mortgage payment is, by design; that is what this page solves for. Owning also adds roughly $650/mo in tax, strata and insurance, so the honest all-in monthly on a $422,000 home is closer to $2,650.
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.
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.