Canadian Rental Analyzer

Lite Edition v1.4 · single-property rental calculator for Canada

1 · Property & Purchase

Purchase price ($)

Down payment (%)

Province

Toronto property?

Amortization (years)

2 · Mortgage & CMHC Insurance

Contract interest rate (%)

Down payment

Loan-to-value

Minimum down required

CMHC premium rate

CMHC premium

Mortgage amount

Monthly payment

Stress-test rate

Qualifying payment (info)

3 · Cash Needed at Closing

Land transfer tax

PST on CMHC premium (ON 8%)

Other closing costs — legal, inspection… ($)

Total cash needed

4 · Rent & Expenses

Monthly rent ($)

Vacancy rate (%)

Property tax, annual ($)

Home insurance, annual ($)

Condo / strata fees, monthly ($)

Maintenance reserve (% of rent)

Property management (% of rent, 0 if self-managed)

Effective rental income

Maintenance

Management

Total operating expenses

Net operating income

5 · Your Returns

Mortgage payments (annual)

Annual cash flow

Monthly cash flow

Cap rate

Cash-on-cash return

1% rule

Gross rent yield

Status

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Assumptions (Oct 2026)

CMHC premiums (25-yr): 2.80% at 85% LTV, 3.10% at 90%, 4.00% at 95% — plus 0.20% for 30-year amortization; none needed at 80% LTV or below. Lenders qualify you at your contract rate + 2% or 5.25%, whichever is higher. Minimum down: 5% to $500K, 10% above to $1.5M, 20% above $1.5M. Land transfer tax: Ontario, BC, and Quebec brackets built in; Alberta $0; Toronto doubles Ontario's tax. PST of 8% on the CMHC premium (Ontario) is cash at closing. First-time buyer rebates not included. Rules change — verify before deciding.

Important — please read

This calculator is for informational and educational purposes only. It is not financial, legal, tax, or investment advice. Verify everything independently with licensed professionals before acting on it. The author accepts no liability for decisions made using this tool. Use at your own risk.