Under your rent
30
$375,000
~$1,777/mo
i#404 – 1942 STARLING Drive
Tsawwassen · Residential
1 bd
1 ba
466 sqft
$805/sqft
Built 2025
MLS® R3112733
Oakwyn Realty Ltd.
Rent vs mortgage
$2,000 a month in rent buys a $422,000 home in Tsawwassen
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 $315,000. Here are the 4 Tsawwassen homes on the market at or under it right now.
Purchase price
$422,000
Down payment
$84,000
All-in monthly
$2,505/mo
Matching homes
4
Tsawwassen homes your $2,000 rent could own
Under your rent
21
$399,920
~$1,896/mo
i#411 – 2463 RABBIT Drive
Tsawwassen · Residential
1 bd
1 ba
551 sqft
$726/sqft
Built 2025
MLS® R3094320
Rennie & Associates Realty Ltd.
Under your rent
25
$379,900
~$1,801/mo
i#104 – 1942 STARLING Drive
Tsawwassen · Residential
1 bd
1 ba
466 sqft
$815/sqft
Built 2025
MLS® R3148540
Prompton Real Estate Services Inc.
Under your rent
23
$378,000
~$1,792/mo
i#215 – 1892 STARLING Drive
Tsawwassen · Residential
1 bd
1 ba
562 sqft
$673/sqft
Built 2020
MLS® R3136254
Century 21 Prudential Estates (Rmd) Ltd.
See all on the map (4 active listings)
Other rents in Tsawwassen
$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 3.50 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 Tsawwassen?
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 $315,000.
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 $505/mo in tax, strata and insurance, so the honest all-in monthly on a $422,000 home is closer to $2,505.
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.