$289,000
~$1,370/mo
i#303 – 1296 70TH Avenue
Vancouver · Residential
0 bd
1 ba
431 sqft
$671/sqft
Built 1983
MLS® R3131684
Sutton Group - Vancouver First Realty
Rent vs mortgage
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 $219,000. Here are the 27 Vancouver homes on the market at or under it right now.
Purchase price
$316,000
Down payment
$63,000
All-in monthly
$1,964/mo
Matching homes
27
$289,000
~$1,370/mo
i#303 – 1296 70TH Avenue
Vancouver · Residential
0 bd
1 ba
431 sqft
$671/sqft
Built 1983
MLS® R3131684
Sutton Group - Vancouver First Realty
$258,800
~$1,227/mo
i#1105 – 1250 Burnaby Street
Vancouver · Residential
1 bd
1 ba
421 sqft
$615/sqft
Built 1964
MLS® R3129468
Renanza Realty Inc.
$279,999
~$1,327/mo
i#106 – 36 14th Avenue
Vancouver · Residential
1 bd
1 ba
515 sqft
$544/sqft
Built 1967
MLS® R3153640
Sutton Group-West Coast Realty
$238,800
~$1,132/mo
i#1105 – 1251 Cardero Street
Vancouver · Residential
1 bd
1 ba
601 sqft
$397/sqft
Built 1968
MLS® R3154047
RE/MAX Westcoast
$302,000
~$1,431/mo
i#1507 – 838 Hamilton Street
Vancouver · Residential
1 bd
1 ba
458 sqft
$659/sqft
Built 1995
MLS® R3154700
RE/MAX Westcoast
$273,900
~$1,298/mo
i#1504 – 838 Hamilton Street
Vancouver · Residential
1 bd
1 ba
415 sqft
$660/sqft
Built 1995
MLS® R3154693
RE/MAX Westcoast
$289,900
~$1,374/mo
i#1501 – 838 Hamilton Street
Vancouver · Residential
1 bd
1 ba
439 sqft
$660/sqft
Built 1995
MLS® R3154678
RE/MAX Westcoast
$299,000
~$1,417/mo
i#1104 – 1219 HARWOOD Street
Vancouver · Residential
1 bd
1 ba
540 sqft
$554/sqft
Built 1965
MLS® R3153499
Pacific Evergreen Realty Ltd.
$244,000
~$1,156/mo
i#802 – 1251 Cardero Street
Vancouver · Residential
1 bd
1 ba
545 sqft
$448/sqft
Built 1968
MLS® R3130236
Oakwyn Realty Ltd.
$249,000
~$1,180/mo
i#1403 – 1330 HARWOOD Street
Vancouver · Residential
0 bd
1 ba
442 sqft
$563/sqft
Built 1969
MLS® R3108181
TRG The Residential Group Realty
$249,800
~$1,184/mo
i#2007 – 1251 Cardero Street
Vancouver · Residential
0 bd
1 ba
480 sqft
$520/sqft
Built 1966
MLS® R3097262
RE/MAX Westcoast
$249,000
~$1,180/mo
i#203 – 1250 BURNABY Street
Vancouver · Residential
1 bd
1 ba
572 sqft
$435/sqft
Built 1974
MLS® R3152896
Oakwyn Realty Ltd.
See all on the map (27 active listings)
$1,800/mo · $2,000/mo · $2,200/mo · $2,500/mo · $3,000/mo · $3,500/mo · $4,000/mo
Every figure assumes a 5.19% interest rate, 20% down and a 25-year amortization. Property tax uses the local municipal residential rate of 3.12 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.
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 $219,000.
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.
The mortgage payment is, by design; that is what this page solves for. Owning also adds roughly $464/mo in tax, strata and insurance, so the honest all-in monthly on a $316,000 home is closer to $1,964.
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.
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.