Results/Case study
2025 results · Beltline

Beltline studio

Studio · 1 bathApartment condo (concrete)Purchased New from builder
Cap rate7.20%on a $274,900 (est.) purchase price
Paid to the owner$26,718in 2025, after all fees and cleaning
Occupancy87%319 of 365 nights booked
Average nightly rate$126across 84 bookings

2025 revenue

Gross rental revenue
$44,622
Paid to the owner
$26,718
Operating expenses
−$6,935
Net operating income
$19,783

Annual operating expenses

Property taxes
$687
Condo fees ($220.64/mo)
$2,648
Insurance
$900
Utilities
$1,200
Internet
$900
Maintenance & repairs
$600
Total
$6,935

Owner income by month, 2025

JanuaryFebruaryMarchAprilMayJuneJuly: strongest month, $7,964$7,964AugustSeptemberOctoberNovemberDecemberJFMAMJJASOND

Performance highlights

Owner income per booked night$84
Revenue per available night$110
Average stay3.9 nights
Longest booking23 nights
Strongest monthJul: $7,964
Nights vacant46 of 365

Property facts

Area
Beltline
Purchase price
$274,900 (est.)
Purchased
New from builder
Size
Studio · 1 bath
Parking
None
Features
Rooftop terrace, fitness, social 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. Purchased new from the builder, so there is no MLS sale record. Purchase price and property taxes are based on a comparable MLS listing in the same building. 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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