Under your rent
29
$369,800
$560/sqft
1 bd · 1 ba · 660 sqft
#106, 1425 Esquimalt Avenue
West Vancouver · Apartment/Condo
~$1,753/mo
Listed by Oakwyn Realty Ltd.MLS® R3110514
Rent vs own
What your rent could own in West Vancouver.
Enter your rent to see the home price it could cover and homes listed at that price.
- A $2,500 rent carries
- $527,000
- Median asking
- $3,052,500
- Homes at or under it
- 10
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$527,000
20% down assumed ($105,000). 10 homes listed at or under it in West Vancouver.
Of the first payment, about $694 goes to the loan itself. Tax, strata and insurance would bring the all-in price closer to $414,000.
- A $2,500 rent carries
- $527,000
- Median asking
- $3,052,500
- Homes at or under it
- 10
Source: Current MLS® listings.
What each rent buys
In West Vancouver, a $2,500 rent carries the mortgage on a home priced around $527,000. That is $2,525,500 under West Vancouver's $3,052,500 median home price. 10 homes are listed at or under it. Figures use 5.19% over 25 years with 20% down.
West Vancouver homes around a $2,500 rent
10 active listings
Under your rent
27
$498,000
$741/sqft
1 bd · 1 ba · 672 sqft
#101, 1737 Duchess Avenue
West Vancouver · Apartment/Condo
~$2,360/mo
Listed by Oakwyn Realty Ltd.MLS® R3162106
Under your rent
27
$265,000
$286/sqft
2 bd · 1 ba · 926 sqft
227 Tomahawk Avenue
West Vancouver · Manufactured Home
~$1,256/mo
Listed by RE/MAX Masters RealtyMLS® R3173968
Under your rent
15
$499,900
$717/sqft
1 bd · 1 ba · 697 sqft
#705, 2187 Bellevue Avenue
West Vancouver · Apartment/Condo
~$2,369/mo
Listed by RE/MAX Crest RealtyMLS® R3152499
Under your rent
40
$395,000
$592/sqft
1 bd · 1 ba · 667 sqft
#108, 1425 Esquimalt Avenue
West Vancouver · Apartment/Condo
~$1,872/mo
Listed by Macdonald RealtyMLS® R3140715
Under your rent
21
$210,000
$356/sqft
1 bd · 1 ba · 590 sqft
222 Tyee Drive
West Vancouver · Manufactured Home
~$995/mo
Listed by RE/MAX Masters RealtyMLS® R3167068
Under your rent
38
$395,000
$274/sqft
2 bd · 2 ba · 1,440 sqft
515 Tyee Court
West Vancouver · Manufactured Home
~$1,872/mo
Listed by Royal LePage SussexMLS® R3148217
Under your rent
26
$137,900
$337/sqft
1 bd · 1 ba · 409 sqft
247 Tomahawk Avenue
West Vancouver · Manufactured Home
~$654/mo
Listed by RE/MAX Masters RealtyMLS® R3101307
Under your rent
29
$239,900
55 Passage Island
West Vancouver · Land
~$1,137/mo
Listed by Sotheby's International Realty CanadaMLS® R3113037
Under your rent
27
$230,000
16 Passage Island
West Vancouver · Land
~$1,090/mo
Listed by Sotheby's International Realty CanadaMLS® R3112996
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of the Canadian Real Estate Association (CREA).
Renting or owning: what changes
One-time costs
Buying adds transfer tax, legal fees and an inspection, paid on closing.
Monthly costs past the mortgage
Property tax, strata and insurance are on top of the mortgage. Compare the total with your rent.
Flexibility
A lease is easier to leave. Owning suits staying put for some years.
To see the year owning starts to cost less than renting, try rent or buy.
Assumptions
- Rate
- 5.19%, the posted five-year fixed rate. Illustrative, not a quote.
- Amortization
- 25 years
- Down payment
- 20% ($105,000 on $527,000)
- Property tax
- 3.50 per $1,000 of value
- Strata
- $320 a month, an estimate
- Insurance
- $62 a month, an estimate
An estimate, not a mortgage approval or financial advice. Change the rate, down payment or amortization in the calculator and the figures update.
More ways to explore West Vancouver
Listings and market data for West Vancouver.
Neighbourhoods in West Vancouver
Narrow your search to a specific West Vancouver neighbourhood.
Nearby cities
Compare West Vancouver with other markets in the region.
Prepared by
Written and maintained by Ray Rasouli, REALTOR®, licensed in British Columbia and founder of Relta Real Estate.
Data
Source: MLS® listing data from BC real estate boards (MLS® Reciprocity) and CREA's DDF®.
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of the Canadian Real Estate Association (CREA).
CorrectionsReport a correction
A mortgage broker can confirm what you qualify for.