Results/Case study
2025 results · Beltline

Beltline 2‑bed, 15th floor

655 sq ft · 2 bed / 1 bathApartment condo (concrete)Purchased October 2022
Cap rate8.65%on a $298,000 purchase price
Paid to the owner$36,175in 2025, after all fees and cleaning
Occupancy92%334 of 365 nights booked
Average nightly rate$188across 95 bookings

2025 revenue

Gross rental revenue
$71,365
Paid to the owner
$36,175
Operating expenses
−$10,393
Net operating income
$25,782

Annual operating expenses

Property taxes
$1,837
Condo fees ($413.03/mo)
$4,956
Insurance
$900
Utilities
$1,200
Internet
$900
Maintenance & repairs
$600
Total
$10,393

Owner income by month, 2025

JanuaryFebruaryMarchAprilMayJuneJuly: strongest month, $10,365$10,365AugustSeptemberOctoberNovemberDecemberJFMAMJJASOND

Performance highlights

Owner income per booked night$108
Revenue per available night$172
Average stay4.4 nights
Longest booking43 nights
Strongest monthJul: $10,365
Nights vacant31 of 365

Property facts

Area
Beltline
Purchase price
$298,000
Purchased
October 2022
Size
655 sq ft · 2 bed / 1 bath
Parking
1 titled underground stall
Features
15th floor, city views

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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