Is this an all-cash calculation or will there be financing? That changes the decision substantially even though the property’s net yield stays the same. Also, does your $1,550 rent assumption come from comparable 3-bed units, or from the listing material? At that price-to-rent combination, I’d...
Are the C$9,302 comparables genuinely like-for-like—same area, duplex configuration, condition, utilities and inclusions? Also, how recent are they? A few ambitious listings can distort the picture. The tenant’s maintenance history matters too: someone who reports problems promptly and avoids...