Rent minus the mortgage isn't your real return. Free rental yield calculator for Canada: gross and net yield and cash return on a buy-to-let, after buying costs, letting fees, upkeep and mortgage interest.
Costs on top of the price
CA$13,975
Other buyer · Ontario (outside Toronto) ·
What do you want to work out?
What a home could earn if you let it out, after running costs and the mortgage.
Monthly cash flow after costs and mortgage
Gross yield
4.5%Net yield
3.6%Yearly return on your cash
-5.4%Rent a year
CA$33,720Running costs a year
CA$6,744Cash you put in
CA$201,475Cash you put in is the deposit plus buying costs (CA$13,975). Before income tax. We start with a rough rent, based on a typical 4.5% gross yield. Change it to the real rent for the area.
An illustration, not investment advice. Rents, costs, rates and tax vary; check with a letting agent and a tax adviser.
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Questions
Other buyer in Ontario (outside Toronto): land transfer tax is about CA$11,475. All buying costs together come to about CA$13,975, or 1.9% of the price. Change the price or buyer type above to see your own figure.
In Ontario, buyers who aren't Canadian citizens or permanent residents pay a 25% Non-Resident Speculation Tax. In parts of British Columbia, including Greater Vancouver, foreign buyers pay an extra 20%.
As a citizen or permanent resident, the foreign-buyer rules don't apply to you.
A Canadian real estate lawyer. A Social Insurance or tax number if you'll rent it out.
We last updated the figures on 16 Oct 2026 and checked them against official sources on 16 Oct 2026. We check every country every week, and show a warning if a check is overdue.
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