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
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.
Want one like this?
Let's find your next one
We can help you buy a property in a building that allows short-term rentals, set it up, and run it. Or send us the address of one you already own for a free projection.