In This Article:
- ⚓ What the Calculator Does
- ⚓ Why Use a Rent vs Sell Calculator in Ontario
- ⚓ Example Scenario: Belleville Rental Property
- ⚓ How to Use the Tool Step by Step
- ⚓ What the Results Mean
- ⚓ Final Thoughts
What the Calculator Does
If you’re debating whether to rent or sell your property, our Rent vs Sell Calculator Ontario gives you the numbers you need to decide. It compares what you’d earn from selling your home now versus keeping it as a rental for future income. This calculator factors in:- Monthly rent and expenses
- Selling price and transaction costs
- Long-term appreciation and taxes
Why Use a Rent vs Sell Calculator in Ontario
Ontario’s market is changing fast. Property values have increased in cities like Toronto and Belleville, but rental demand remains strong. The calculator helps you:- Forecast 5–10 years of rental income
- Compare it to the after-tax proceeds from selling
- Decide which option grows your wealth faster
Example Scenario: Belleville Rental Property
Let’s say you own a semi-detached home in Belleville worth $520,000. You can rent it for $2,400/month, with $500/month in expenses. You enter this into the calculator along with:- 4% property appreciation
- 2 months of annual vacancy
- A 5% selling commission
- Your outstanding mortgage balance
- Renting for 10 years earns ~$220,000 net
- Selling today earns ~$125,000 after fees and taxes
How to Use the Tool Step by Step
- Enter your home’s estimated market value
- Add your monthly rent and expenses
- Include mortgage info and selling fees
- Choose your appreciation and inflation rates
- Click “Calculate” to compare both options
What the Results Mean
If renting wins, consider holding your property as an investment. You may gain:- Monthly passive income
- Long-term value growth
- Tax benefits
