Under your rent
40
$199,000
~$943/mo
i#1 – 4514 SUNSHINE COAST Highway
Sechelt · Residential
2 bd
1 ba
657 sqft
$303/sqft
Built 1974
MLS® R3144576
Sotheby's International Realty Canada
Rent vs mortgage
$1,500 a month in rent buys a $316,000 home in Sechelt
That is what a 1500-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 $203,000. Here are the 14 Sechelt homes on the market at or under it right now.
Purchase price
$316,000
Down payment
$63,000
All-in monthly
$2,038/mo
Matching homes
14
Sechelt homes your $1,500 rent could own
Under your rent
10
$220,000
~$1,043/mo
iLot 99 GALE Avenue
Sechelt · Land
MLS® R3114582
Sotheby's International Realty Canada
Under your rent
16
$199,000
~$943/mo
iLot D 5680 Carmel Place
Sechelt · Land
MLS® R3151818
RE/MAX City Realty
Under your rent
25
$224,800
~$1,065/mo
i#12 – 5575 Mason Road
Sechelt · Residential
2 bd
1 ba
862 sqft
$261/sqft
Built 1990
MLS® R3149835
Century 21 Creekside Realty
Under your rent
33
$264,500
~$1,254/mo
i#8 – 5575 Mason Road
Sechelt · Residential
2 bd
2 ba
980 sqft
$270/sqft
Built 1994
MLS® R3118098
RE/MAX Oceanview Realty
Under your rent
9
$215,000
~$1,019/mo
i#7 – 5294 Selma Park Road
Sechelt · Residential
2 bd
1 ba
1,000 sqft
$215/sqft
Built 1977
MLS® R3145218
RE/MAX Oceanview Realty
Under your rent
30
$279,000
~$1,322/mo
iLOT 9 Sandy Hook Road
Sechelt · Land
MLS® R3145783
Engel & Volkers Vancouver
Under your rent
21
$260,000
~$1,232/mo
iLOT 39 Sandy Hook Road
Sechelt · Land
MLS® R3100942
RE/MAX Oceanview Realty
Under your rent
5
$260,000
~$1,232/mo
i5828 Anchor Road
Sechelt · Land
MLS® R3138280
RE/MAX Oceanview Realty
Under your rent
11
$299,000
~$1,417/mo
i#57 – 4496 SUNSHINE COAST Highway
Sechelt · Residential
2 bd
2 ba
1,224 sqft
$244/sqft
Built 1979
MLS® R3141025
Sotheby's International Realty Canada
Under your rent
28
$179,000
~$848/mo
i#20 – 5288 Selma Park Road
Sechelt · Residential
2 bd
1 ba
816 sqft
$219/sqft
Built 1974
MLS® R3133461
RE/MAX City Realty
Under your rent
16
$205,000
~$972/mo
iLot 21 Sechelt Inlet Road
Sechelt · Land
MLS® R3124573
Sotheby's International Realty Canada
See all on the map (14 active listings)
Other rents in Sechelt
$1,800/mo · $2,000/mo · $2,200/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 5.92 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 $1,500 a month in rent buy in Sechelt?
At a 5.19% rate with 20% down over 25 years, $1,500/mo carries the mortgage on a home priced around $316,000. Covering tax, strata and insurance inside the same budget, the matching price is about $203,000.
How much do I need for a down payment?
On a $316,000 home at 20% down, the down payment is $63,000. 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 $538/mo in tax, strata and insurance, so the honest all-in monthly on a $316,000 home is closer to $2,038.
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.