Under your rent
43
$389,000
4389 Highway 33 Other
Westbridge · Vacant Land
~$1,844/mo
Listed by Sotheby's International Realty CanadaMLS® 10374098
Rent vs own
What your rent could own in Westbridge.
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
- $607,500
- Homes at or under it
- 7
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$527,000
20% down assumed ($105,000). 7 homes listed at or under it in Westbridge.
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
- $607,500
- Homes at or under it
- 7
Source: Current MLS® listings.
What each rent buys
In Westbridge, a $2,500 rent carries the mortgage on a home priced around $527,000. That is $80,500 under Westbridge's $607,500 median home price. 7 homes are listed at or under it. Figures use 5.19% over 25 years with 20% down.
Westbridge homes around a $2,500 rent
7 active listings
Under your rent
64
$329,900
$191/sqft
2 bd · 2 ba · 1,727 sqft
KM 53 Christian Valley Road
Westbridge · Single Family
~$1,564/mo
Listed by RE/MAX Wine Capital RealtyMLS® 10372925
Under your rent
34
$399,000
$831/sqft
2 bd · 1 ba · 480 sqft
2955 33 Highway
Westbridge · Recreational
~$1,891/mo
Listed by Macdonald RealtyMLS® 10371111
Under your rent
47
$349,000
3 Vintage Lane
Westbridge · Vacant Land
~$1,654/mo
Listed by Royal LePage - WolstencroftMLS® 10398008
Under your rent
34
$299,000
5600 Christian Valley Road
Westbridge · Vacant Land
~$1,417/mo
Listed by Honestdoor Inc.MLS® 10374716
Under your rent
34
$199,900
KM 53 Christian Valley Road
Westbridge · Vacant Land
~$947/mo
Listed by RE/MAX Wine Capital RealtyMLS® 10373000
Under your rent
23
$399,000
$279/sqft
3 bd · 2 ba · 1,430 sqft
3520 33 Highway
Westbridge · Single Family
~$1,891/mo
Listed by Century 21 Premier Properties Ltd.MLS® 10358820
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 Westbridge
Listings and market data for Westbridge.
Nearby cities
Compare Westbridge 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.