Results/Case study
2025 results · Beltline

Beltline 2‑bed with balcony

739 sq ft · 2 bed / 1 bathApartment condo (concrete)Purchased October 2024
Cap rate8.40%on a $292,000 purchase price
Paid to the owner$36,705in 2025, after all fees and cleaning
Occupancy90%329 of 365 nights booked
Average nightly rate$159across 67 bookings

2025 revenue

Gross rental revenue
$59,037
Paid to the owner
$36,705
Operating expenses
−$12,179
Net operating income
$24,526

Annual operating expenses

Property taxes
$1,332
Condo fees ($603.90/mo)
$7,247
Insurance
$900
Utilities
$1,200
Internet
$900
Maintenance & repairs
$600
Total
$12,179

Owner income by month, 2025

JanuaryFebruaryMarchAprilMayJuneJuly: strongest month, $9,226$9,226AugustSeptemberOctoberNovemberDecemberJFMAMJJASOND

Performance highlights

Owner income per booked night$112
Revenue per available night$144
Average stay5.0 nights
Longest booking55 nights
Strongest monthJul: $9,226
Nights vacant36 of 365

Property facts

Area
Beltline
Purchase price
$292,000
Purchased
October 2024
Size
739 sq ft · 2 bed / 1 bath
Parking
1 titled parkade stall
Features
Rooftop patio, balcony

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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