Rental yield calculator for Canada
Work out a rental property's gross and net yield in Canada, the monthly cash flow after the loan and running costs, and the rent you need to break even.
Example numbers for a Toronto or Vancouver condo, in Canadian dollars. Buying costs are mainly land transfer tax and legal fees; running costs include property tax, condo fees and insurance.
Example inputs (CAD)
- Purchase price: 650,000
- Buying costs: 15,000
- Down payment: 130,000
- Monthly rent: 2,600
- Time empty: 3% of the year
- Monthly running costs: 700
- Loan interest rate: 4.5% a year over 25 years
Landlord guide for Canada: buying costs, rental income tax and tenancy rules