Results/Case study
2025 results · Beltline

Beltline 2‑bed, 14th floor

659 sq ft · 2 bed / 1 bathApartment condo (concrete)Purchased April 2023
Cap rate8.96%on a $338,000 purchase price
Paid to the owner$41,778in 2025, after all fees and cleaning
Occupancy89%325 of 365 nights booked
Average nightly rate$174across 96 bookings

2025 revenue

Gross rental revenue
$65,312
Paid to the owner
$41,778
Operating expenses
−$11,491
Net operating income
$30,287

Annual operating expenses

Property taxes
$1,808
Condo fees ($506.88/mo)
$6,083
Insurance
$900
Utilities
$1,200
Internet
$900
Maintenance & repairs
$600
Total
$11,491

Owner income by month, 2025

JanuaryFebruaryMarchAprilMayJuneJuly: strongest month, $9,295$9,295AugustSeptemberOctoberNovemberDecemberJFMAMJJASOND

Performance highlights

Owner income per booked night$129
Revenue per available night$155
Average stay3.5 nights
Longest booking33 nights
Strongest monthJul: $9,295
Nights vacant40 of 365

Property facts

Area
Beltline
Purchase price
$338,000
Purchased
April 2023
Size
659 sq ft · 2 bed / 1 bath
Parking
1 titled underground stall
Features
14th floor, floor-to-ceiling windows

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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