1908-1910 W 2nd Avenue

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

suite rent

$2,210/mo

your cost after the suite

$1,353/mo

vs $3,386 without it

Costs: mortgage $2,828 · tax $384 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 3-bedroom in Prince Rupert: the town's own rents in the 2021 Census, brought forward by BC's rent index ($1,835; CMHC covers it thinly or not at all) raised by what new tenants pay against everyone in the province (BC centres of 10,000+), then up 2.5% with BC's rent index, Oct 2025 → Aug 2026. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend and 2021 Census rents: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.