Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $811.6k | $2.5k/mo |
| Price-to-Rent Ratio | 27.4years of rent | |
| Monthly Payment | $4.1kat 6.5%, 20% down | $2.5k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.6% | |
Interactive Calculator
Adjust the numbers to match your situation and see how buying compares to renting over time.
Buy is better
10 years
Monthly Mortgage
$4,104
Home Value After 10 Years
$1,090,698
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$114,496
Total Cost (Rent)$295,920
Net Difference+$181,424
Buying is cheaper by $181,424 over this period.
Top Sale Listings in Waterloo
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Market Context
Sale Listings87
Rent Listings31
Avg Sale $/m²$4,130/m²
Avg Rent $/m²$15/m²
This is an estimate. Consult a financial advisor before making any real estate decision.
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