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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

®MLSReciprocity
Home/Rent vs mortgage/Rossland/$2,200/mo

Rent vs mortgage

$2,200 a month in rent buys a $464,000 home in Rossland

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 $319,000. Here are the 37 Rossland homes on the market at or under it right now.

Purchase price

$464,000

Down payment

$93,000

All-in monthly

$2,888/mo

Matching homes

37

Rent or own? See what you could afford

Your name

$

/mo

Your monthly rent

Paid as a mortgage, $2,200/mo owns a home worth about

$464,000

37 Rossland homes are in your budget

Builds your equity

Rent builds none

Covering mortgage, tax, strata and insurance together, the matching price is about $355,000.

Rate %
Down %
Amort. yrs
Email *
How $2,200/mo of rent becomes a purchase price
Rent you pay$2,200/mo
Interest rate5.19%
Amortization25 years
Down payment (20%)$93,000
Mortgage supported$371,000
Purchase price$464,000
Tax, strata & insurance$688/mo
All-in monthly$2,888/mo

Rossland homes your $2,200 rent could own

#8 – 891 MONTE VISTA Drive
Under your rent
16

$225,000

~$1,066/mo

i

#8 – 891 MONTE VISTA Drive

Rossland · Residential

3 bd

2 ba

1,088 sqft

$207/sqft

Built 2021

MLS® 10380864

View

Century 21 Kootenay Homes (2018) Ltd

1755 Cook Avenue
Under your rent
6

$220,000

~$1,043/mo

i

1755 Cook Avenue

Rossland · Land

MLS® 10398513

View

Easy List Realty

#303 – 4280 Red Mountain Road
Under your rent
44

$387,000

~$1,834/mo

i

#303 – 4280 Red Mountain Road

Rossland · Residential

0 bd

1 ba

455 sqft

$851/sqft

Built 2024

MLS® 10372965

View

Mountain Town Properties Ltd.

#207 – 1800 Kirkup Avenue
Under your rent
28

$299,000

~$1,417/mo

i

#207 – 1800 Kirkup Avenue

Rossland · Residential

1 bd

1 ba

602 sqft

$497/sqft

Built 1981

MLS® 10394342

View

RE/MAX All Pro Realty

311 Richie Road
Under your rent
10

$399,000

~$1,891/mo

i

311 Richie Road

Rossland · Land

MLS® 10395159

View

Century 21 Kootenay Homes (2018) Ltd

1018 OLAUS Way
Under your rent
18

$394,000

~$1,867/mo

i

1018 OLAUS Way

Rossland · Land

MLS® 10395778

View

Century 21 Kootenay Homes (2018) Ltd

#10 – 2044 WASHINGTON Street
Under your rent
23

$319,000

~$1,512/mo

i

#10 – 2044 WASHINGTON Street

Rossland · Residential

2 bd

1 ba

691 sqft

$462/sqft

Built 1958

MLS® 10389795

View

Mountain Town Properties Ltd.

#404 – 1611 Nickleplate Road
Under your rent
41

$265,000

~$1,256/mo

i

#404 – 1611 Nickleplate Road

Rossland · Residential

1 bd

1 ba

649 sqft

$408/sqft

Built 1982

MLS® 10378186

View

Coldwell Banker Executives Realty

2165 Spokane Street
Under your rent
44

$399,000

~$1,891/mo

i

2165 Spokane Street

Rossland · Residential

1 bd

2 ba

1,102 sqft

$362/sqft

Built 1905

MLS® 10386465

View

Century 21 Kootenay Homes (2018) Ltd

#115 – 4280 Red Mountain Road
Under your rent
45

$375,000

~$1,777/mo

i

#115 – 4280 Red Mountain Road

Rossland · Residential

0 bd

1 ba

455 sqft

$824/sqft

Built 2024

MLS® 10395187

View

RE/MAX All Pro Realty

#202 – 1510 Nickleplate Road
Under your rent
38

$310,000

~$1,469/mo

i

#202 – 1510 Nickleplate Road

Rossland · Residential

2 bd

1 ba

809 sqft

$383/sqft

Built 1982

MLS® 10395163

View

RE/MAX All Pro Realty

#213 – 4280 Red Mountain Road
Under your rent
48

$375,000

~$1,777/mo

i

#213 – 4280 Red Mountain Road

Rossland · Residential

0 bd

1 ba

455 sqft

$824/sqft

Built 2024

MLS® 10395154

View

Century 21 Kootenay Homes (2018) Ltd

See all on the map (37 active listings)

Other rents in Rossland

$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 7.92 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 Rossland?

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 $319,000.

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 $688/mo in tax, strata and insurance, so the honest all-in monthly on a $464,000 home is closer to $2,888.

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.

Page methodology and sources are stated beside the figures. Content is reviewed by Ray Rasouli, REALTOR®, Real Broker B.C. Ltd.
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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.