Under your rent
37
$550,000
~$2,607/mo
i#48 – 1959 Kaltasin Road
Sooke · Residential
2 bd
1 ba
914 sqft
$602/sqft
Built 2022
MLS® 1047617
Pemberton Holmes - Sooke
Rent vs mortgage
$3,500 a month in rent buys a $738,000 home in Sooke
That is what a 3500-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 $595,000. Here are the 127 Sooke homes on the market at or under it right now.
Purchase price
$738,000
Down payment
$148,000
All-in monthly
$4,182/mo
Matching homes
127
Sooke homes your $3,500 rent could own
Under your rent
37
$600,000
~$2,844/mo
i#20 – 1959 Kaltasin Road
Sooke · Residential
3 bd
2 ba
1,248 sqft
$481/sqft
Built 2023
MLS® 1047604
Pemberton Holmes - Sooke
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
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
33
$699,000
~$3,313/mo
i125 Hilltop Crescent
Sooke · Residential
2 bd
3 ba
1,084 sqft
$645/sqft
Built 2015
MLS® 1044815
Macdonald Realty Victoria
Under your rent
Open House on Sat, 2pm–4pm
58
$639,900
~$3,033/mo
i#502 – 2234 Stone Creek Place
Sooke · Residential
3 bd
3 ba
1,695 sqft
$378/sqft
Built 2010
MLS® 1044973
Royal LePage Coast Capital - Sooke
Under your rent
33
$655,000
~$3,105/mo
i#106 – 2260 Maple Avenue
Sooke · Residential
3 bd
3 ba
1,491 sqft
$439/sqft
Built 2010
MLS® 1042103
RE/MAX Camosun
Under your rent
Open House on Sat
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
30
$533,000
~$2,526/mo
i#114 – 2038 Gatewood Road
Sooke · Residential
2 bd
3 ba
1,200 sqft
$444/sqft
Built 2021
MLS® 1035044
Coldwell Banker Oceanside Real Estate
Under your rent
27
$699,900
~$3,317/mo
i2011 Govenlock Place
Sooke · Residential
3 bd
2 ba
1,666 sqft
$420/sqft
Built 1992
MLS® 1047574
Royal LePage Coast Capital - Sooke
Under your rent
32
$719,900
~$3,412/mo
i7058 Wright Road
Sooke · Residential
3 bd
2 ba
1,874 sqft
$384/sqft
Built 1978
MLS® 1026409
Royal LePage Coast Capital - Chatterton
See all on the map (127 active listings)
Other rents in Sooke
$1,500/mo · $1,800/mo · $2,000/mo · $2,200/mo · $2,500/mo · $3,000/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 $3,500 a month in rent buy in Sooke?
At a 5.19% rate with 20% down over 25 years, $3,500/mo carries the mortgage on a home priced around $738,000. Covering tax, strata and insurance inside the same budget, the matching price is about $595,000.
How much do I need for a down payment?
On a $738,000 home at 20% down, the down payment is $148,000. 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 $682/mo in tax, strata and insurance, so the honest all-in monthly on a $738,000 home is closer to $4,182.
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.