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Relta Real Estate, by Ray Rasouli

Ray Rasouli is a licensed REALTOR® with the Greater Vancouver board, providing clarity-first guidance for buyers and sellers. No pressure, no hype.

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Ray Rasouli, REALTOR® · Real Broker B.C. Ltd.
500-666 Burrard Street, Vancouver, BC V6C 3P6
+1 (778) 910-6917 · ray@relta.ca
Relta Real Estate is a brand and software platform, not a brokerage. Real estate services are provided by Ray Rasouli, licensed with Real Broker B.C. Ltd.

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Home/Rent vs mortgage/West Vancouver

Rent vs mortgage

What could you buy in West Vancouver instead of renting?

In West Vancouver, a $2,500 rent carries the mortgage on a home priced around $527,000. That is $2,467,000 under West Vancouver's $2,994,000 median home price, and 9 homes sit at or under it today. Enter your own rent to see what it changes to, from live MLS® inventory.

Rent or own? See what you could afford

Your name

$

/mo

Your monthly rent

Paid as a mortgage, $2,500/mo owns a home worth about

$527,000

9 West Vancouver homes are in your budget

Builds your equity

Rent builds none

Covering mortgage, tax, strata and insurance together, the matching price is about $414,000.

Rate %
Down %
Amort. yrs
Email *

What each rent buys in West Vancouver

Your rent
$1,500/mo
Buys a home priced
$316,000
Homes on the market
4
Your rent
$1,800/mo
Buys a home priced
$380,000
Homes on the market
5
Your rent
$2,000/mo
Buys a home priced
$422,000
Homes on the market
8
Your rent
$2,200/mo
Buys a home priced
$464,000
Homes on the market
9
Your rent
$2,500/mo
Buys a home priced
$527,000
Homes on the market
9
Your rent
$3,000/mo
Buys a home priced
$633,000
Homes on the market
15
Your rent
$3,500/mo
Buys a home priced
$738,000
Homes on the market
19
Your rent
$4,000/mo
Buys a home priced
$844,000
Homes on the market
27
Your rentBuys a home pricedHomes on the market
$1,500/mo$316,0004
$1,800/mo$380,0005
$2,000/mo$422,0008
$2,200/mo$464,0009
$2,500/mo$527,0009
$3,000/mo$633,00015
$3,500/mo$738,00019
$4,000/mo$844,00027

West Vancouver homes around a $2,500 rent

#108 – 1425 Esquimalt Avenue
Under your rent
40

$395,000

~$1,872/mo

i

#108 – 1425 Esquimalt Avenue

West Vancouver · Residential

1 bd

1 ba

667 sqft

$592/sqft

Built 1963

MLS® R3140715

View

Macdonald Realty

#106 – 1425 Esquimalt Avenue
Under your rent
29

$369,800

~$1,753/mo

i

#106 – 1425 Esquimalt Avenue

West Vancouver · Residential

1 bd

1 ba

660 sqft

$560/sqft

Built 1965

MLS® R3110514

View

Oakwyn Realty Ltd.

515 Tyee Court
Under your rent
38

$395,000

~$1,872/mo

i

515 Tyee Court

West Vancouver · Residential

2 bd

2 ba

1,440 sqft

$274/sqft

Built 1985

MLS® R3148217

View

Royal LePage Sussex

222 Tyee Drive
Under your rent
21

$215,000

~$1,019/mo

i

222 Tyee Drive

West Vancouver · Residential

1 bd

1 ba

590 sqft

$364/sqft

Built 2012

MLS® R3143889

View

RE/MAX Masters Realty

247 Tomahawk Avenue
Under your rent
26

$137,900

~$654/mo

i

247 Tomahawk Avenue

West Vancouver · Residential

1 bd

1 ba

409 sqft

$337/sqft

Built 2017

MLS® R3101307

View

RE/MAX Masters Realty

#215 – 1425 ESQUIMALT Avenue
Under your rent
18

$449,000

~$2,128/mo

i

#215 – 1425 ESQUIMALT Avenue

West Vancouver · Residential

1 bd

1 ba

643 sqft

$698/sqft

Built 1964

MLS® R3131763

View

Engel & Volkers Vancouver

401 Raindance Crescent
Under your rent
37

$408,000

~$1,934/mo

i

401 Raindance Crescent

West Vancouver · Residential

2 bd

2 ba

1,101 sqft

$371/sqft

Built 1968

MLS® R3132686

View

RE/MAX Masters Realty

55 Passage Island
Under your rent
29

$239,900

~$1,137/mo

i

55 Passage Island

West Vancouver · Land

MLS® R3113037

View

Sotheby's International Realty Canada

16 Passage Island
Under your rent
27

$230,000

~$1,090/mo

i

16 Passage Island

West Vancouver · Land

MLS® R3112996

View

Sotheby's International Realty Canada

See all $2,500/mo matches (9 active listings)

Renting vs buying in West Vancouver: what actually changes

At $2,500/mo your payment would carry a $527,000 West Vancouver home against a $2,994,000 local median. Whether that beats renting comes down to four things, not just the monthly number.

Closing costs

Buying carries one-time costs renting does not: property transfer tax, legal fees and inspection. Budget for them before you compare monthly numbers.

Carrying costs

A mortgage payment is not the whole cost. Property tax, strata and insurance sit on top, which is why the all-in number matters more than the headline.

Equity

Each mortgage payment buys a little more of the home. Rent buys none of it, and that gap compounds over the years you would have rented.

Flexibility

Renting is easier to leave. Owning ties up your down payment and takes time and cost to unwind, so the break-even math only works if you stay put.

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.

More ways to explore West Vancouver

Browse West Vancouver listings, market data, and timing from one place.

West Vancouver homes for sale

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West Vancouver market report

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West Vancouver price drops

Neighbourhoods in West Vancouver

Narrow your search to a specific West Vancouver neighbourhood.

West Vancouver

Nearby cities

Compare West Vancouver with other markets in the region.

Rent vs mortgage in Surrey

Rent vs mortgage in Vancouver

Rent vs mortgage in Richmond

Rent vs mortgage in Langley

Rent vs mortgage in Burnaby

Rent vs mortgage in Coquitlam

Page methodology and sources are stated beside the figures. Content is reviewed by Ray Rasouli, REALTOR®, Real Broker B.C. Ltd.
Mortgage calculatorWhat can I afford?

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.