$568,000
~$2,692/mo
iPowell River
Powell River · Residential
4 bd
3 ba
1,603 sqft
$354/sqft
Built 1974
MLS® 20156
ROYAL LEPAGE POWELL RIVER
Rent vs mortgage
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 $650,000. Here are the 160 Powell River homes on the market at or under it right now.
Purchase price
$844,000
Down payment
$169,000
All-in monthly
$4,917/mo
Matching homes
160
$568,000
~$2,692/mo
iPowell River
Powell River · Residential
4 bd
3 ba
1,603 sqft
$354/sqft
Built 1974
MLS® 20156
ROYAL LEPAGE POWELL RIVER
$619,000
~$2,934/mo
iPowell River
Powell River · Residential
3 bd
2 ba
1,674 sqft
$370/sqft
Built 1974
MLS® 20101
RE/MAX POWELL RIVER
$659,900
~$3,128/mo
iPowell River
Powell River · Residential
2 bd
2 ba
1,667 sqft
$396/sqft
Built 1927
MLS® 20095
460 REALTY POWELL RIVER
$769,900
~$3,649/mo
iPowell River
Powell River · Residential
2 bd
3 ba
1,969 sqft
$391/sqft
Built 1959
MLS® 20140
2% REALTY PACIFIC COAST
$549,000
~$2,602/mo
iPowell River
Powell River · Residential
6 bd
2 ba
2,594 sqft
$212/sqft
Built 1959
MLS® 20144
RE/MAX POWELL RIVER
$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
$549,000
~$2,602/mo
iPowell River
Powell River · Residential
3 bd
2 ba
2,047 sqft
$268/sqft
Built 1976
MLS® 19735
RE/MAX POWELL RIVER
$467,900
~$2,218/mo
iPowell River
Powell River · Residential
3 bd
1 ba
1,525 sqft
$307/sqft
Built 1940
MLS® 20054
ROYAL LEPAGE POWELL RIVER
$529,000
~$2,507/mo
iPowell River
Powell River · Residential
3 bd
2 ba
2,600 sqft
$203/sqft
Built 1950
MLS® 20145
WESTVIEW ZAIKOW REALTY
$529,900
~$2,512/mo
iPowell River
Powell River · Residential
2 bd
2 ba
1,442 sqft
$367/sqft
Built 1990
MLS® 20155
ROYAL LEPAGE POWELL RIVER
$799,900
~$3,791/mo
iPowell River
Powell River · Residential
2 bd
2 ba
2,866 sqft
$279/sqft
Built 1947
MLS® 19897
ROYAL LEPAGE POWELL RIVER
$559,900
~$2,654/mo
iPowell River
Powell River · Residential
4 bd
2 ba
2,070 sqft
$270/sqft
MLS® 20154
RE/MAX POWELL RIVER
See all on the map (160 active listings)
$1,500/mo · $1,800/mo · $2,000/mo · $2,200/mo · $2,500/mo · $3,000/mo · $3,500/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, $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 $650,000.
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.
The mortgage payment is, by design; that is what this page solves for. Owning also adds roughly $917/mo in tax, strata and insurance, so the honest all-in monthly on a $844,000 home is closer to $4,917.
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.