A property decision costs more than the asking price. These 18 real estate calculators for Canada cover the rest: closing costs, monthly ownership costs, rent limits, sale proceeds and rental returns. Enter your own price, rent and rate, read the answer in dollars, then compare it with real quotes.
Which real estate calculators are there?
- Cap Rate Calculator
Work out the capitalization rate of a rental property from its rent and operating costs.
- Rental Property Calculator
Estimate cash flow, cap rate and total return on a rental property with a mortgage.
- First-Time Home Buyer Benefits Total
Add up every first-time buyer benefit in one place by province: FHSA, Home Buyers' Plan, tax credit, GST/HST rebate and land transfer tax relief.
- Real Estate Commission Calculator
Add up the commission on a home sale for both agents, with GST or HST.
- Property Tax Calculator
Estimate yearly property tax from the assessed value and your rate or mill rate.
- Closing Costs Calculator
Estimate the cash you need at closing: land transfer tax, CMHC sales tax, legal fees and more.
- Rent vs Buy Calculator
Compare the wealth you build by renting and investing with the wealth you build by owning a home.
- Rent Increase Calculator by Province
Find the highest rent increase allowed in your province or territory, the notice needed, and the new rent.
- Home Sale Net Proceeds Calculator
See what you keep after selling a home: commission, tax on it, legal fees and the mortgage payoff.
- Cash-on-Cash Return Calculator
Measure the yearly cash a rental returns compared with the cash you put in.
- How Much Rent Can I Afford Calculator
Find how much rent fits your income at shares of 25% to 40%, with a warning when your debts are heavy.
- Condo Ownership Cost Calculator
Add up the monthly cost of owning a condo: mortgage, fees, property tax, insurance and utilities.
- BRRRR Calculator
Test a BRRRR deal: buy, renovate, rent, refinance and repeat, with cash left in the deal and cash flow after the refinance.
- House Flipping Calculator
Work out the profit on a house flip after renovation, loan costs, selling costs and income tax.
- Land Loan Calculator
Estimate the payment, balloon balance and cash needed for a land loan with a term shorter than the amortization.
- Square Footage Calculator
Add up the square feet and square metres of a home from its rooms, with price per square foot and material cost.
- Home Value Calculator
Estimate the value of a home from comparable sales and price per square foot, with an adjustment and a range.
- Home Appreciation Calculator
Find the yearly appreciation rate of a home, the rate after inflation and its projected future value.
What does buying a home cost beyond the price?
In Canada, the closing costs calculator adds up the cash due on closing day for your province, including land transfer tax, legal fees and sales tax on mortgage insurance. Still deciding? The rent vs buy calculator compares owning with renting and investing the difference. The condo ownership cost calculator shows the monthly bill with fees, property tax and insurance, and the mortgage payment calculator gives the payment.
First-time buyers can start with the first-time home buyer benefits calculator, which adds up the FHSA deduction, the Home Buyers’ Plan, the home buyers’ tax credit, the GST/HST rebate and land transfer tax relief for your province. The FHSA calculator models the account itself.
How do renters check what they can afford?
Tenants can test a budget with the rent affordability calculator, which turns your income into the rent that fits. Rent rules differ by province, so the rent increase calculator shows the highest increase a landlord can ask for where you live, plus the notice required.
What do homeowners need to track each year?
Owners deal with yearly bills and a value that moves. The property tax calculator estimates the bill from a percentage or mill rate, with a part year for a mid-year purchase. The home value calculator estimates worth from nearby sales, and the home appreciation calculator shows the yearly growth rate.
How much will I keep when I sell?
Selling a home leaves less cash than the price suggests. The home sale proceeds calculator subtracts commission, sales tax, legal fees, any mortgage penalty and the payoff, then estimates tax on the gain if the property wasn’t your main home. For agent fees alone, use the realtor commission calculator, which adds GST or HST.
Which calculators suit rental investors?
Rental owners can size up a deal with the rental property calculator for monthly cash flow, the cap rate calculator for yield, and the cash-on-cash return calculator for what your own cash earns after the mortgage. The BRRRR calculator shows the cash left in a buy, rehab, rent and refinance deal, and the house flipping calculator gives profit after renovation, interest and tax.
Eyeing vacant land? The land loan calculator shows the monthly payment and the balloon balance when the term ends. The square footage calculator totals room areas and the flooring you need, and the rental income tax calculator covers tax on the rent you collect.
How far can I trust the results?
Treat every result as a first screen. Run each deal twice, once hopeful and once cautious: raise the vacancy, cut the rent, add repairs, and see if the numbers still work. Swap the defaults for real quotes, since taxes, insurance and condo fees vary from building to building.
Frequently asked questions
How many real estate calculators does this site have?
There are 18 real estate calculators, covering buying, renting, owning, selling and investing in property in Canada. They are free, and each one gives an estimate from the figures you enter.
What extra costs come on top of the price?
Transfer tax, legal fees, title insurance, adjustments and the move are the usual extras when buying a home in Canada. The closing costs calculator totals the cash due on closing day for your province.
Is renting always cheaper than buying?
Not always. It depends on the price, the rent, mortgage rates, how fast prices and investments grow, and how long you stay. The rent vs buy calculator compares the wealth each path builds, year by year, using your own guesses.
What's a good cap rate?
There's no single answer in Canada. A cap rate varies by city, property type and risk, so compare yours with similar listings in the same area. The cap rate calculator also shows the price that would give the yield you want.
Do rent limits apply everywhere?
No. Each province sets its own rules for rent increases and notice, and some units are exempt. The rent increase calculator shows the limit for your province, and your provincial tenancy rules are the final word.
Which calculator should a first-time buyer start with?
Start with the first-time home buyer benefits calculator, which totals the FHSA deduction, Home Buyers' Plan, home buyers' tax credit, GST/HST rebate and land transfer tax relief for your province. Then run closing costs and the mortgage payment.