Under your rent
21
$225,000
~$1,066/mo
i1070 Seventh Avenue
Ucluelet · Land
0 bd
0 ba
MLS® 1046546
RE/MAX Mid-Island Realty (Uclet)
Rent vs mortgage
$1,500 a month in rent buys a $316,000 home in Ucluelet
That is what a 1500-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 $203,000. Here are the 16 Ucluelet homes on the market at or under it right now.
Purchase price
$316,000
Down payment
$63,000
All-in monthly
$2,037/mo
Matching homes
16
Ucluelet homes your $1,500 rent could own
Under your rent
9
$289,000
~$1,370/mo
i#424 – 596 Marine Drive
Ucluelet · Residential
0 bd
1 ba
491 sqft
$589/sqft
Built 2008
MLS® 1046290
RE/MAX Mid-Island Realty (Uclet)
Under your rent
9
$295,000
~$1,398/mo
i851 Lorne White Place
Ucluelet · Land
0 bd
0 ba
MLS® 1015826
RE/MAX Mid-Island Realty (Uclet)
Under your rent
16
$219,000
~$1,038/mo
iLot 26 Boardwalk Boulevard
Ucluelet · Land
0 bd
0 ba
MLS® 1039517
RE/MAX Mid-Island Realty (Uclet)
Under your rent
8
$299,000
~$1,417/mo
iLot 50 Cedar Grove
Ucluelet · Land
0 bd
0 ba
MLS® 1043126
RE/MAX Mid-Island Realty (Uclet)
Under your rent
19
$298,000
~$1,412/mo
i#2202 – 596 Marine Drive
Ucluelet · Residential
0 bd
1 ba
507 sqft
$588/sqft
Built 2009
MLS® 1042662
RE/MAX Mid-Island Realty (Uclet)
Under your rent
21
$265,000
~$1,256/mo
i1182 Fourth Avenue
Ucluelet · Land
0 bd
0 ba
MLS® 1030962
460 Realty Inc. (UC)
Under your rent
7
$299,000
~$1,417/mo
i338 Pacific Crescent
Ucluelet · Land
0 bd
0 ba
MLS® 1009147
RE/MAX Mid-Island Realty (Uclet)
Under your rent
24
$299,000
~$1,417/mo
i1181 Seventh Avenue
Ucluelet · Residential
1 bd
1 ba
396 sqft
$755/sqft
Built 2011
MLS® 995911
RE/MAX Mid-Island Realty (Uclet)
Under your rent
19
$309,000
~$1,465/mo
i1098 Sixth Avenue
Ucluelet · Land
0 bd
0 ba
MLS® 1031789
RE/MAX Mid-Island Realty
Under your rent
8
$189,000
~$896/mo
i1138 Fifth Avenue
Ucluelet · Land
0 bd
0 ba
MLS® 1028203
RE/MAX Mid-Island Realty (Uclet)
Under your rent
5
$299,000
~$1,417/mo
iLot 84 Shore Pine Drive
Ucluelet · Land
0 bd
0 ba
MLS® 991576
RE/MAX Mid-Island Realty (Uclet)
See all on the map (16 active listings)
Other rents in Ucluelet
$1,800/mo · $2,000/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 5.86 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 $1,500 a month in rent buy in Ucluelet?
At a 5.19% rate with 20% down over 25 years, $1,500/mo carries the mortgage on a home priced around $316,000. Covering tax, strata and insurance inside the same budget, the matching price is about $203,000.
How much do I need for a down payment?
On a $316,000 home at 20% down, the down payment is $63,000. 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 $537/mo in tax, strata and insurance, so the honest all-in monthly on a $316,000 home is closer to $2,037.
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.