Under your rent
34
$445,000
~$2,109/mo
i#15 – 1959 Kaltasin Road
Sooke · Residential
2 bd
2 ba
1,152 sqft
$386/sqft
Built 1976
MLS® 1047595
Pemberton Holmes - Sooke
Rent vs mortgage
$2,500 a month in rent buys a $527,000 home in Sooke
That is what a 2500-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 $401,000. Here are the 66 Sooke homes on the market at or under it right now.
Purchase price
$527,000
Down payment
$105,000
All-in monthly
$3,097/mo
Matching homes
66
Sooke homes your $2,500 rent could own
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
Under your rent
Open House on Sat, 11am–12:30pm
31
$499,900
~$2,369/mo
i#202 – 6591 Lincroft Road
Sooke · Residential
2 bd
2 ba
962 sqft
$520/sqft
Built 2012
MLS® 1040543
Maxxam Realty Ltd.
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
37
$429,000
~$2,033/mo
i#47 – 5838 Blythwood Road
Sooke · Residential
2 bd
2 ba
1,179 sqft
$364/sqft
Built 1977
MLS® 1042966
The Agency
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
39
$475,000
~$2,251/mo
iLot – 12 Cains Way
Sooke · Land
0 bd
0 ba
MLS® 1047430
Pemberton Holmes - Sooke
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
$479,999
~$2,275/mo
i2346 Silverback Road
Sooke · Land
0 bd
0 ba
MLS® 1024092
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
5
$379,999
~$1,801/mo
i2298 Silverback Road
Sooke · Land
0 bd
0 ba
MLS® 1024097
Royal LePage Coast Capital - Westshore
See all on the map (66 active listings)
Other rents in Sooke
$1,500/mo · $1,800/mo · $2,000/mo · $2,200/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 $2,500 a month in rent buy in Sooke?
At a 5.19% rate with 20% down over 25 years, $2,500/mo carries the mortgage on a home priced around $527,000. Covering tax, strata and insurance inside the same budget, the matching price is about $401,000.
How much do I need for a down payment?
On a $527,000 home at 20% down, the down payment is $105,000. 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 $597/mo in tax, strata and insurance, so the honest all-in monthly on a $527,000 home is closer to $3,097.
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.