Results/Case study
2025 results · Beltline

Beltline 2‑bed with rooftop patio

796 sq ft · 2 bed / 1 bathApartment condo (concrete)Purchased March 2024
Cap rate9.50%on a $287,500 purchase price
Paid to the owner$39,811in 2025, after all fees and cleaning
Occupancy85%312 of 365 nights booked
Average nightly rate$167across 90 bookings

2025 revenue

Gross rental revenue
$60,934
Paid to the owner
$39,811
Operating expenses
−$12,485
Net operating income
$27,326

Annual operating expenses

Property taxes
$1,337
Condo fees ($629/mo)
$7,548
Insurance
$900
Utilities
$1,200
Internet
$900
Maintenance & repairs
$600
Total
$12,485

Owner income by month, 2025

JanuaryFebruaryMarchAprilMayJuneJuly: strongest month, $10,090$10,090AugustSeptemberOctoberNovemberDecemberJFMAMJJASOND

Performance highlights

Owner income per booked night$128
Revenue per available night$142
Average stay3.5 nights
Longest booking33 nights
Strongest monthJul: $10,090
Nights vacant53 of 365

Property facts

Area
Beltline
Purchase price
$287,500
Purchased
March 2024
Size
796 sq ft · 2 bed / 1 bath
Parking
1 titled parkade stall
Features
Rooftop patio, gym, lounge

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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