Under your rent
33
$799,999
~$3,792/mo
i2460 Driftwood Place
Sooke · Residential
3 bd
2 ba
1,493 sqft
$536/sqft
Built 2007
MLS® 1043653
Maxxam Realty Ltd.
Rent vs mortgage
$4,000 a month in rent buys a $844,000 home in Sooke
That is what a 4000-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 $691,000. Here are the 151 Sooke homes on the market at or under it right now.
Purchase price
$844,000
Down payment
$169,000
All-in monthly
$4,725/mo
Matching homes
151
Sooke homes your $4,000 rent could own
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
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
30
$768,000
~$3,640/mo
i2109 Ridgeline Road
Sooke · Residential
4 bd
2 ba
1,485 sqft
$517/sqft
Built 2018
MLS® 1043647
Coldwell Banker Oceanside Real Estate
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, 1pm–2:30pm
34
$749,900
~$3,554/mo
i1985 Atherly Close
Sooke · Residential
4 bd
4 ba
1,918 sqft
$391/sqft
Built 2019
MLS® 1045030
Royal LePage Coast Capital - Chatterton
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
48
$829,000
~$3,929/mo
i2138 Henlyn Drive
Sooke · Residential
5 bd
3 ba
2,692 sqft
$308/sqft
Built 1995
MLS® 1047197
Pemberton Holmes Ltd. - Oak Bay
See all on the map (151 active listings)
Other rents in Sooke
$1,500/mo · $1,800/mo · $2,000/mo · $2,200/mo · $2,500/mo · $3,000/mo · $3,500/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 $4,000 a month in rent buy in Sooke?
At a 5.19% rate with 20% down over 25 years, $4,000/mo carries the mortgage on a home priced around $844,000. Covering tax, strata and insurance inside the same budget, the matching price is about $691,000.
How much do I need for a down payment?
On a $844,000 home at 20% down, the down payment is $169,000. 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 $725/mo in tax, strata and insurance, so the honest all-in monthly on a $844,000 home is closer to $4,725.
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.