Under your rent
27
$195,000
~$924/mo
iLOT 1 Old Hedley Road
Princeton · Land
MLS® 10397641
Century 21 Horizon West Realty
Rent vs mortgage
$2,200 a month in rent buys a $464,000 home in Princeton
That is what a 2200-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 $336,000. Here are the 37 Princeton homes on the market at or under it right now.
Purchase price
$464,000
Down payment
$93,000
All-in monthly
$2,806/mo
Matching homes
37
Princeton homes your $2,200 rent could own
Under your rent
26
$89,900
~$426/mo
i37 KENLEY Avenue
Princeton · Land
MLS® 10374614
Royal LePage Princeton Realty
Under your rent
31
$199,000
~$943/mo
i2 Chicken Alley
Princeton · Residential
2 bd
1 ba
1,260 sqft
$158/sqft
Built 2023
MLS® 10398406
Century 21 Horizon West Realty
Under your rent
16
$229,000
~$1,085/mo
iLot 4 PRINCETON SUMMERLAND Road
Princeton · Land
MLS® 10397063
Century 21 Horizon West Realty
Under your rent
32
$280,000
~$1,327/mo
i#24 – 263 Highway 3 Other
Princeton · Residential
2 bd
2 ba
960 sqft
$292/sqft
Built 2021
MLS® 10396622
Century 21 Horizon West Realty
Under your rent
11
$299,000
~$1,417/mo
iJacobson Rd Other
Princeton · Land
MLS® 10397371
Royal LePage Princeton Realty
Under your rent
7
$259,000
~$1,228/mo
i129 Secret Creek Place
Princeton · Land
MLS® 10389093
Canada Flex Realty Group
Under your rent
11
$299,000
~$1,417/mo
i149 Secret Creek Place
Princeton · Land
MLS® 10389092
Canada Flex Realty Group
Under your rent
5
$145,000
~$687/mo
i2267 OLD HEDLEY Road
Princeton · Land
MLS® 10369351
Century 21 Horizon West Realty
Under your rent
22
$295,000
~$1,398/mo
i1340 Highway 5A Other
Princeton · Land
MLS® 10396039
Royal LePage Princeton Realty
Under your rent
10
$226,500
~$1,074/mo
i#7 – 406 Brandlmayr Other
Princeton · Residential
2 bd
1 ba
784 sqft
$289/sqft
MLS® 10396897
Century 21 Horizon West Realty
Under your rent
22
$459,000
~$2,176/mo
i175 DOLLIE Street
Princeton · Residential
2 bd
2 ba
1,151 sqft
$399/sqft
Built 2011
MLS® 10394314
Century 21 Horizon West Realty
See all on the map (37 active listings)
Other rents in Princeton
$1,500/mo · $1,800/mo · $2,000/mo · $2,500/mo · $3,000/mo · $3,500/mo · $4,000/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 5.80 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 $2,200 a month in rent buy in Princeton?
At a 5.19% rate with 20% down over 25 years, $2,200/mo carries the mortgage on a home priced around $464,000. Covering tax, strata and insurance inside the same budget, the matching price is about $336,000.
How much do I need for a down payment?
On a $464,000 home at 20% down, the down payment is $93,000. 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 $606/mo in tax, strata and insurance, so the honest all-in monthly on a $464,000 home is closer to $2,806.
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.