Results/Case study
2025 results · Beltline

Beltline 2‑bed, 13th floor

650 sq ft · 2 bed / 1 bathApartment condo (concrete)
Cap rate8.42%on a $324,000 purchase price
Paid to the owner$37,732in 2025, after all fees and cleaning
Occupancy86%313 of 365 nights booked
Average nightly rate$164across 90 bookings

2025 revenue

Gross rental revenue
$59,594
Paid to the owner
$37,732
Operating expenses
−$10,452
Net operating income
$27,280

Annual operating expenses

Property taxes
$1,896
Condo fees ($413/mo)
$4,956
Insurance
$900
Utilities
$1,200
Internet
$900
Maintenance & repairs
$600
Total
$10,452

Owner income by month, 2025

JanuaryFebruaryMarchAprilMayJuneJuly: strongest month, $9,458$9,458AugustSeptemberOctoberNovemberDecemberJFMAMJJASOND

Performance highlights

Owner income per booked night$121
Revenue per available night$141
Average stay3.5 nights
Longest booking22 nights
Strongest monthJul: $9,458
Nights vacant52 of 365

Property facts

Area
Beltline
Purchase price
$324,000
Size
650 sq ft · 2 bed / 1 bath
Parking
1 titled underground stall
Features
13th floor, rooftop patio, gym

Past result, not a promise of future returns. "Paid to the owner" is the owner payout after cleaning costs, channel fees and our management fee. Net operating income deducts property taxes, condo fees, insurance, utilities, internet and maintenance; it excludes mortgage financing, depreciation and income tax. Cap rate is net operating income divided by purchase price. Occupancy is booked nights divided by available nights. Performance data from the BNB Experts owner statement, January 1 to December 31, 2025. Purchase price, taxes, condo fees and property details per MLS® records; insurance, utilities, internet and maintenance are owner-provided annual estimates. All figures in Canadian dollars.

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Tristan QuiringFounder, BNB ExpertsCall or text (587) 222-6500info@bnbexperts.ca
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