Under your rent
38
$329,000
$588/sqft
2 bd · 1 ba · 560 sqft
#126, 1383 Silver Sands Road
Sicamous · Recreational
~$1,559/mo
Listed by REMAX ShuswapMLS® 10401917
Rent vs own
What your rent could own in Sicamous.
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
- $540,000
- Homes at or under it
- 39
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$527,000
20% down assumed ($105,000). 39 homes listed at or under it in Sicamous.
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
- $540,000
- Homes at or under it
- 39
Source: Current MLS® listings.
What each rent buys
In Sicamous, a $2,500 rent carries the mortgage on a home priced around $527,000. That is $13,000 under Sicamous's $540,000 median home price. 39 homes are listed at or under it. Figures use 5.19% over 25 years with 20% down.
Sicamous homes around a $2,500 rent
39 active listings
Under your rent
44
$489,900
$314/sqft
4 bd · 2 ba · 1,560 sqft
#15, 1705 Hillier Road
Sicamous · Single Family
~$2,322/mo
Listed by REMAX ShuswapMLS® 10401877
Under your rent
21
$449,000
1310 Trans Canada Highway
Sicamous · Vacant Land
~$2,128/mo
Listed by REMAX ShuswapMLS® 10402844
Under your rent
45
$495,000
$948/sqft
1 bd · 2 ba · 522 sqft
#68, 1383 Silver Sands Road
Sicamous · Recreational
~$2,346/mo
Listed by REMAX ShuswapMLS® 10401388
Under your rent
37
$389,000
$240/sqft
2 bd · 2 ba · 1,624 sqft
#11, 1705 Hillier Road
Sicamous · Single Family
~$1,844/mo
Listed by REMAX ShuswapMLS® 10397567
Under your rent
38
$295,000
$274/sqft
3 bd · 2 ba · 1,075 sqft
#10, 1705 Hillier Road
Sicamous · Single Family
~$1,398/mo
Listed by Coldwell Banker Executives RealtyMLS® 10402722
Under your rent
59
$185,000
$142/sqft
3 bd · 2 ba · 1,304 sqft
#8, 5 97A Highway
Sicamous · Single Family
~$877/mo
Listed by eXp Realty (Sicamous)MLS® 10401090
Under your rent
9
$499,000
904 Riverside Avenue
Sicamous · Recreational
~$2,365/mo
Listed by REMAX ShuswapMLS® 10398727
Under your rent
27
$310,000
$300/sqft
2 bd · 2 ba · 1,034 sqft
#24, 1705 Hillier Road
Sicamous · Single Family
~$1,469/mo
Listed by REMAX ShuswapMLS® 10398092
Under your rent
20
$270,000
$441/sqft
2 bd · 1 ba · 612 sqft
CPR HILL Other
Sicamous · Recreational
~$1,280/mo
Listed by Royal LePage Access Real EstateMLS® 10386639
Under your rent
59
$350,000
$483/sqft
2 bd · 1 ba · 725 sqft
405 Gillis Avenue
Sicamous · Single Family
~$1,659/mo
Listed by eXp Realty (Sicamous)MLS® 10400970
Under your rent
67
$399,900
$343/sqft
2 bd · 3 ba · 1,167 sqft
#104, 500 Old Spallumcheen Road
Sicamous · Single Family
~$1,895/mo
Listed by RE/MAX VernonMLS® 10400884
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 Sicamous
Listings and market data for Sicamous.
Nearby cities
Compare Sicamous 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.