Under your rent
37
$499,000
$373/sqft
3 bd · 3 ba · 1,339 sqft
484 SIMILKAMEEN Avenue
Princeton · Single Family
~$2,365/mo
Listed by Canada Flex Realty GroupMLS® 10403283
Rent vs own
What your rent could own in Princeton.
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
- $549,000
- Homes at or under it
- 47
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$527,000
20% down assumed ($105,000). 47 homes listed at or under it in Princeton.
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
- $549,000
- Homes at or under it
- 47
Source: Current MLS® listings.
What each rent buys
In Princeton, a $2,500 rent carries the mortgage on a home priced around $527,000. That is $22,000 under Princeton's $549,000 median home price. 47 homes are listed at or under it. Figures use 5.19% over 25 years with 20% down.
Princeton homes around a $2,500 rent
47 active listings
Under your rent
27
$375,000
$244/sqft
3 bd · 2 ba · 1,534 sqft
#11, 459 Huey Road
Princeton · Single Family
~$1,777/mo
Listed by Chamberlain Property GroupMLS® 10384559
Under your rent
31
$159,000
$174/sqft
2 bd · 1 ba · 916 sqft
#47, 406 Bramdlmayr Other
Princeton · Single Family
~$754/mo
Listed by Century 21 Horizon West RealtyMLS® 10400625
Under your rent
12
$226,500
$289/sqft
2 bd · 1 ba · 784 sqft
#7, 406 Brandlmayr Other
Princeton · Single Family
~$1,074/mo
Listed by Century 21 Horizon West RealtyMLS® 10396897
Under your rent
20
$162,000
$175/sqft
2 bd · 1 ba · 924 sqft
#48, 406 BRANDLMAYR Other
Princeton · Single Family
~$768/mo
Listed by Canada Flex Realty GroupMLS® 10402703
Under your rent
18
$189,000
$179/sqft
3 bd · 1 ba · 1,057 sqft
#24, 406 BRANDLMAYR Other
Princeton · Single Family
~$896/mo
Listed by Century 21 Horizon West RealtyMLS® 10383725
Under your rent
19
$469,000
$630/sqft
1 bd · 2 ba · 745 sqft
335 BILLITER Avenue
Princeton · Single Family
~$2,223/mo
Listed by Canada Flex Realty GroupMLS® 10392147
Under your rent
27
$134,900
$94/sqft
2 bd · 2 ba · 1,437 sqft
#23, 406 Brandlmayr Gate Other
Princeton · Single Family
~$639/mo
Listed by Royal LePage Princeton RealtyMLS® 10401022
Under your rent
35
$439,000
$289/sqft
3 bd · 2 ba · 1,518 sqft
55 Harold Avenue
Princeton · Single Family
~$2,081/mo
Listed by Century 21 Horizon West RealtyMLS® 10402824
Under your rent
11
$215,000
108 West China Creek Road
Princeton · Vacant Land
~$1,019/mo
Listed by Century 21 Horizon West RealtyMLS® 10402618
Under your rent
29
$129,900
$156/sqft
2 bd · 1 ba · 834 sqft
#9, 459 Huey Road
Princeton · Single Family
~$616/mo
Listed by Easy List RealtyMLS® 10402515
Under your rent
31
$185,000
$147/sqft
2 bd · 1 ba · 1,260 sqft
2 Chicken Alley
Princeton · Single Family
~$877/mo
Listed by Century 21 Horizon West RealtyMLS® 10398406
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 Princeton
Listings and market data for Princeton.
Nearby cities
Compare Princeton 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.