What rent does a $325,000 rental need in Canada?

About $2,150/month CAD to break even, and $2,400/month for $200 of monthly cash flow — with 20% down at a 5% rate.

Assumes typical costs: property tax 0.8% and insurance 0.35000000000000003% of the price per year, 5% vacancy, 10% of rent for repairs, and a 25-year amortization with semi-annual compounding. Plug in your real numbers on the right.

Rate	20% down: break even / +$200	25% down: break even / +$200
4%	$2,000 / $2,225	$1,875 / $2,125
4.5%	$2,075 / $2,300	$1,975 / $2,200
5%	$2,150 / $2,400	$2,050 / $2,275
5.5%	$2,250 / $2,475	$2,125 / $2,375

The 1% rule would ask for $3,250/month. It's a quick screen only — taxes, insurance and the rate decide the real answer.

Quick check

Canada · CAD

Price$Rent / mo$Down payment%Interest rate%

Monthly cash flow

$216/mo

Preliminary verdict

Proceed with caution

Cash flow is positive, but the cushion over the mortgage is thin.

Cash flow: $216/mo
Cap rate: 6.38%
DSCR: 1.14

Counted

Mortgage (25-yr, semi-annual compounding), property tax ~0.8%/yr, insurance ~0.35%/yr, 5% vacancy, 10% of rent for repairs.

Not counted yet

Land transfer tax, legal fees, condo fees, a property manager, and your actual tax and insurance quotes. Add them in the full analysis.

How we calculate · An estimate to screen deals, not financial advice.

Other prices

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