Under your rent
37
$350,000
~$1,659/mo
i#45 – 1959 Kaltasin Road
Sooke · Residential
2 bd
1 ba
850 sqft
$412/sqft
Built 1974
MLS® 1047436
Pemberton Holmes - Sooke
Rent vs mortgage
$2,000 a month in rent buys a $422,000 home in Sooke
That is what a 2000-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 $305,000. Here are the 42 Sooke homes on the market at or under it right now.
Purchase price
$422,000
Down payment
$84,000
All-in monthly
$2,554/mo
Matching homes
42
Sooke homes your $2,000 rent could own
Under your rent
20
$269,900
~$1,279/mo
i#61 – 5838 Blythwood Road
Sooke · Residential
2 bd
1 ba
874 sqft
$309/sqft
Built 1981
MLS® 1034555
Royal LePage Coast Capital - Sooke
Under your rent
10
$399,900
~$1,895/mo
iLot 7 Creekside Glen
Sooke · Land
0 bd
0 ba
MLS® 1047450
RE/MAX Camosun
Under your rent
12
$374,900
~$1,777/mo
iLot 2 Creekside Glen
Sooke · Land
0 bd
0 ba
MLS® 1047429
RE/MAX Camosun
Under your rent
36
$379,900
~$1,801/mo
i#71 – 5838 Blythwood Road
Sooke · Residential
2 bd
2 ba
1,386 sqft
$274/sqft
Built 1979
MLS® 1042568
Royal LePage Coast Capital - Sooke
Under your rent
5
$379,999
~$1,801/mo
i2298 Silverback Road
Sooke · Land
0 bd
0 ba
MLS® 1024097
Royal LePage Coast Capital - Westshore
Under your rent
5
$399,999
~$1,896/mo
i2303 Silverback Road
Sooke · Land
0 bd
0 ba
MLS® 1024101
Royal LePage Coast Capital - Westshore
Under your rent
20
$350,000
~$1,659/mo
i#106 – 1991 Kaltasin Road
Sooke · Residential
1 bd
1 ba
642 sqft
$545/sqft
Built 1981
MLS® 1022432
PG Direct Realty Ltd.
Under your rent
27
$395,000
~$1,872/mo
i#123 – 1991 Kaltasin Road
Sooke · Residential
2 bd
1 ba
821 sqft
$481/sqft
Built 1982
MLS® 1046410
RE/MAX Camosun
Under your rent
24
$269,900
~$1,279/mo
i#11 – 2206 Church Road
Sooke · Residential
2 bd
1 ba
951 sqft
$284/sqft
Built 1974
MLS® 1044349
Royal LePage Coast Capital - Sooke
Under your rent
25
$329,900
~$1,564/mo
i#14 – 7109 West Coast Road
Sooke · Residential
2 bd
1 ba
1,131 sqft
$292/sqft
Built 1994
MLS® 1041667
Royal LePage Coast Capital - Sooke
Under your rent
39
$399,000
~$1,891/mo
i7360 Boomstick Avenue
Sooke · Land
0 bd
0 ba
MLS® 1044320
RE/MAX Camosun
See all on the map (42 active listings)
Other rents in Sooke
$1,500/mo · $1,800/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 4.88 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 $2,000 a month in rent buy in Sooke?
At a 5.19% rate with 20% down over 25 years, $2,000/mo carries the mortgage on a home priced around $422,000. Covering tax, strata and insurance inside the same budget, the matching price is about $305,000.
How much do I need for a down payment?
On a $422,000 home at 20% down, the down payment is $84,000. 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 $554/mo in tax, strata and insurance, so the honest all-in monthly on a $422,000 home is closer to $2,554.
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.