Estimate Your Rental Property Returns, Cash Flow & ROI — Instantly
See the True Costs: Land Transfer Tax, Renovations & Closing
Calculate Cash Flow, ROI & Long-Term Profitability
Custom-Built for Toronto Multiplex & Rental Properties
Thinking about buying an investment property in Toronto? Don’t guess — run the numbers first. Our free ROI calculator is built specifically for Toronto real estate investors, whether you’re house hacking, BRRRRing, or building a long-term rental portfolio.
What This Toronto Rental Property Calculator Covers:
- Upfront Costs: Down Payment, Renovations, Land Transfer Tax, Closing Costs
- Income & Expenses: Rental Income, Mortgage Payments, Operating Expenses, Monthly Cash Flow
- Equity & Appreciation: Equity Gain (Mortgage Paydown), Value-Add Appreciation, Market Appreciation, Exit Profits
- Performance Metrics: Cap Rate, ROI (Return on Investment), Annualized ROI
- Refinance Details: Completion Value (Post-Renovation), Cash-Out on Refinancing, Net Capital on Refinancing
Whether you’re running the numbers on a duplex, triplex or full BRRRR conversion, this calculator gives you a full picture of your returns — in real time.
Real Estate ROI Calculator: Input Your Numbers
Input Your Numbers to See Cash Flow, ROI, and Total Returns
Actual returns may vary depending on assumptions. Read our definitions and assumptions.
Not Sure What Your Numbers Mean?
This is where most new investors get stuck. We’re here to help.
Download our free Toronto Real Estate Starter Guide, or
Book a free call with our team — we’ll walk through your results and show you what makes a smart, profitable investment based on your goals.
No pressure. Just investor-first advice.
Why Toronto Investors Choose Us
Amy BarbosaAugust 1, 2025.David is the pure form of a professional, he takes his time and works for both sides, when most people only work for the obligation, the client. I could tell the landlord has had excellent success with him as he was able to make the transaction so smooth. Every "t" crossed and every "i" dotted. As only a tenant, I would recommend David to homeowner friends and tenants alike. David, thank you and all the best to you always. I would say hope to work together soon, but I will be at the place you helped me a get for a long to come. With gratitudeJo Luong-FinneyJuly 23, 2025.Working with Nick has been great! Nick is very open and honest and we felt very comfortable working with him after our first meeting. He was also very accommodating with our crazy work schedule and made the search for our new place a lot easier. We look forward to working with Nick in the future when we are ready for our first forever home.Nick d'HalluinJune 24, 2025.Laryssa at Elevate Realty went above and beyond for our real estate transaction. With their investor focused lens on real estate, they were able to help with finding a property, lining up contractors and developing a plan to maximize cash flow and returns. Will definitely use them again to help expand our real estate portfolioCameron RooneyJune 12, 2025.Kate made the process of finalizing my new rental smooth, straightforward, and simple. She helped connect me with the new landlord and current tenants to coordinate my move promptly on a quick turnaround, finding my new apartment wouldn’t have been as easy without her help!Reena S.April 23, 2025.I had a 30-minute consultation call with Samantha, and I’m so glad I reached out. We’re looking to purchase a property in Toronto with the goal of generating income and long-term appreciation, and Samantha really understood the financial and strategic sides of that equation. She’s incredibly honest, knowledgeable, and clearly experienced when it comes to working with investors. I walked away with valuable insights that will definitely shape our next steps. Highly recommend!L F-HApril 21, 2025.Phil helped me with both a sale and a purchase and he was great with both! I was particularly impressed with his knowledge of the market, his good rapport with other agents (as well as potential buyers/sellers), and with his friendliness and accessibility to me during the whole process.Carlos GoulartApril 21, 2025.Dave was really helpful. He took his time to show me the property wich now my family and I call home. Really attentive during the showing and also with all the requests for be able to rent the unit. Will recommend Dave anytime!! 👌
FAQ: Toronto Real Estate ROI Calculator
Q: What’s the difference between operating income and cash flow?
A: Operating income tells you how much the property makes before mortgage payments — it reflects your true rental income. Cash flow shows whether the property can carry itself — it’s what’s left after you pay the mortgage. So income shows how profitable the property is, and cash flow tells you if it’s affordable to hold. You need both to make a smart call.
Q: What’s the difference between cash flow and taxable income?
A: Taxable income includes both your cash flow and mortgage principal paydown. Even if your cash flow is low, your taxable income could still be high because you’re building equity.
Q: What is value-add appreciation?
A: That’s the boost in property value you create by doing renovations or upgrades. If your renovation costs $80K but the value jumps by $120K, your value-add appreciation is the $40K difference.
Q: What is equity gain?
A: Equity gain comes from paying down your mortgage. Every mortgage payment chips away at the loan and builds ownership — that’s your equity gain.
Q: What is net return?
A: Net return is the total return on your investment. It includes cash flow, value-add appreciation, equity gain, and market appreciation, minus closing and selling costs.
Q: What’s the difference between cash flow and ROI?
A: Cash flow is the monthly income left after expenses. ROI (Return on Investment) includes cash flow plus mortgage paydown, value-add appreciation, and market appreciation — giving you the full picture of your return.
Q: Does this calculator include land transfer tax and closing costs in Toronto?
A: Yes — we’ve built in both Toronto and Ontario land transfer taxes, plus estimated legal, inspection, and closing costs to reflect real numbers for Toronto investors.
Q: What is the “Cash-Out on Refinancing” number?
A: This is the amount of money you get back after refinancing. It’s based on your property’s new value after renovations and appreciation, minus what you still owe on the mortgage. You can use this to pay yourself back or fund your next deal.
Q: How is “Monthly Cash Flow on Refinancing” different from before?
A: After refinancing, your mortgage payment usually goes up. So while your cash-out increases, your monthly cash flow often decreases. This number helps you see if your property can still carry itself after you pull money out.
Q: What does “Net Capital on Refinancing” mean?
A: That’s how much of your own money is still tied up in the deal after you refinance. The lower this is, the higher your ROI after refinancing — because you’re using less of your own capital to generate returns.
Q: Should I refinance right away or wait?
A: It depends on your strategy. If you’re doing a BRRRR (Buy, Renovate, Rent, Refinance, Repeat), you’ll want to refinance as soon as the value supports it. We can help you run the numbers to make the right call.
Q: When can I refinance my property?
A: You can typically refinance after renovations are complete and the property is rented out with a lease in place. Most lenders want to see the upgraded property stabilized with tenants before approving a new mortgage based on the higher rents & value.
Q: Can I use this to compare multiple properties?
A: Definitely. Plug in different properties and compare side-by-side. It’s the fastest way to figure out which deal actually makes sense.
Q: What if I’m not sure how much rent to input?
A: Use realistic comps based on unit type and location — or reach out. We help investors figure out fair market rents across Toronto for all property types.
Q: Does this work for duplexes, triplexes, and fourplexes?
A: Yes — it’s designed for all Toronto residential properties, from single family homes to fiveplexes. You can model up to 5 rental units.
Q: How accurate is this Toronto investment calculator?
A: It’s one of the most Toronto-specific tools out there. The assumptions reflect local tax rates, utility costs, and real market rents — just make sure you input your own accurate estimates for best results.
Q: Is this tool free to use?
A: Absolutely. No sign-up, no gatekeeping. Use it anytime to run the numbers on your next potential Toronto investment property.
Ready to Turn Your ROI Into Reality?
You’ve run the numbers — now let’s build a strategy.
We’ll help you find, finance, and buy a rental property in Toronto that actually makes money.