Under your rent
41
$449,900
$428/sqft
3 bd · 1 ba · 1,052 sqft
507 Arthur Street
Slocan · Single Family
~$2,132/mo
Listed by Valhalla Path RealtyMLS® 10391363
Rent vs own
What your rent could own in Slocan.
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
- $322,500
- Homes at or under it
- 17
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$527,000
20% down assumed ($105,000). 17 homes listed at or under it in Slocan.
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
- $322,500
- Homes at or under it
- 17
Source: Current MLS® listings.
What each rent buys
In Slocan, a $2,500 rent carries the mortgage on a home priced around $527,000. That clears Slocan's $322,500 median home price. 17 homes are listed at or under it. Figures use 5.19% over 25 years with 20% down.
Slocan homes around a $2,500 rent
17 active listings
Under your rent
3
$79,500
Arthur Street
Slocan · Vacant Land
~$377/mo
Listed by RE/MAX All Pro RealtyMLS® 10387486
Under your rent
3
$159,000
Arthur Street
Slocan · Vacant Land
~$754/mo
Listed by RE/MAX All Pro RealtyMLS® 10387458
Under your rent
3
$79,400
Arthur Street
Slocan · Vacant Land
~$376/mo
Listed by RE/MAX All Pro RealtyMLS® 10387484
Under your rent
93
$310,000
$316/sqft
2 bd · 1 ba · 980 sqft
8864 SLOCAN S Road
Slocan · Single Family
~$1,469/mo
Listed by RE/MAX All Pro RealtyMLS® 10397378
Under your rent
29
$335,000
$323/sqft
2 bd · 2 ba · 1,036 sqft
#4, 912 Slocan Street
Slocan · Single Family
~$1,588/mo
Listed by RE/MAX All Pro RealtyMLS® 10394901
Under your rent
11
$149,000
519 Main Street
Slocan · Vacant Land
~$706/mo
Listed by REMAX KelownaMLS® 10338867
Under your rent
19
$199,000
611 Slocan Street
Slocan · Vacant Land
~$943/mo
Listed by Royal LePage Rosling RealtyMLS® 10390482
Under your rent
3
$149,900
Arthur Street
Slocan · Vacant Land
~$710/mo
Listed by Fair Realty (Nelson)MLS® 10399534
Under your rent
3
$149,900
$146/sqft
3 bd · 1 ba · 1,025 sqft
315 Fletcher Avenue
Slocan · Single Family
~$710/mo
Listed by Fair Realty (Nelson)MLS® 10399535
Under your rent
6
$140,000
Lots 8-10 HUME Street
Slocan · Vacant Land
~$664/mo
Listed by RE/MAX All Pro RealtyMLS® 10364762
Under your rent
14
$175,000
1111 Harold Street
Slocan · Vacant Land
~$829/mo
Listed by RE/MAX All Pro RealtyMLS® 10397909
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 Slocan
Listings and market data for Slocan.
Nearby cities
Compare Slocan 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.