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    Toronto 3-bed condo at C$1.343m: does C$4,632 rent work?

    I am torn between judging this on net yield and judging it on monthly cash flow after financing. Either approach looks tight for a three-bedroom Toronto condo costing C$1,343,000 and renting for an estimated C$4,632 a month, which is only about 4.1% gross. The unit and building appear to be in...
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    Renovation budget for a 2,690 sq ft student house in Toronto?

    I have priced the visible renovation work at a preliminary C$202,700; what remains unclear is how much of the older 2,690 sq ft Toronto student property will need opening up. The current plan includes kitchen and bathroom work, new finishes, electrical checks and some energy improvements, but...
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    Rent increase versus tenant retention for a small multifamily in Toronto?

    I’m reviewing the rent on a unit in a small Toronto multifamily. Comparable asking rent appears to be around C$2,488, while the current tenant pays about C$2,272. They pay reliably, look after the home and have a good maintenance history, so I don’t want to lose a strong tenant merely to chase...
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    Toronto rentals still cash-flowing after honest expenses? 119 days into the search

    I’m 119 days into looking for a Toronto rental property and could use a reality check. I’ve modelled several properties around C$276,800, but they all turn cash-flow negative once I include vacancy, management, maintenance reserves, insurance, property tax and financing at 5.50%. Are buyers...
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