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The rent a Canadian rental property needs just to cover itself — mortgage, property tax, operating costs and a vacancy allowance — for every province and territory.
Verified July 29, 2026 · Download CSV · Free to reuse with attribution to usecos.app
Direct answer
On an identical $600,000 property with 20% down, British Columbia breaks even at $4,360/month, while Manitoba needs $4,675/month. That is a $315 monthly spread on the same purchase price, driven by the report assumptions.
Use these short facts with the canonical report URL when referencing the derived province comparison.
Break-even rent is not market rent. Replace the stated assumptions with property-specific inputs before relying on a deal screen.
| Province | Payment | Property tax | Break-even rent | Rent for 1.25 DSCR | Land transfer tax |
|---|---|---|---|---|---|
| British Columbia | $1,861 | $400 | $2,906 | $3,396 | $6,000 |
| Yukon | $1,861 | $400 | $2,906 | $3,396 | — |
| Northwest Territories | $1,861 | $433 | $2,942 | $3,431 | — |
| Nunavut | $1,861 | $433 | $2,942 | $3,431 | — |
| Alberta | $1,861 | $467 | $2,977 | $3,466 | — |
| Newfoundland and Labrador | $1,861 | $467 | $2,977 | $3,466 | $2,400 |
| Ontario | $1,861 | $500 | $3,012 | $3,501 | $4,475 |
| New Brunswick | $1,861 | $500 | $3,012 | $3,501 | $4,000 |
| Prince Edward Island | $1,861 | $500 | $3,012 | $3,501 | $4,000 |
| Quebec | $1,861 | $533 | $3,047 | $3,537 | $4,500 |
| Nova Scotia | $1,861 | $533 | $3,047 | $3,537 | $6,000 |
| Saskatchewan | $1,861 | $567 | $3,082 | $3,572 | — |
| Manitoba | $1,861 | $600 | $3,117 | $3,607 | $5,650 |
| Province | Payment | Property tax | Break-even rent | Rent for 1.25 DSCR | Land transfer tax |
|---|---|---|---|---|---|
| British Columbia | $2,792 | $600 | $4,360 | $5,094 | $10,000 |
| Yukon | $2,792 | $600 | $4,360 | $5,094 | — |
| Northwest Territories | $2,792 | $650 | $4,412 | $5,147 | — |
| Nunavut | $2,792 | $650 | $4,412 | $5,147 | — |
| Alberta | $2,792 | $700 | $4,465 | $5,200 | — |
| Newfoundland and Labrador | $2,792 | $700 | $4,465 | $5,200 | $3,600 |
| Ontario | $2,792 | $750 | $4,518 | $5,252 | $8,475 |
| New Brunswick | $2,792 | $750 | $4,518 | $5,252 | $6,000 |
| Prince Edward Island | $2,792 | $750 | $4,518 | $5,252 | $6,000 |
| Quebec | $2,792 | $800 | $4,570 | $5,305 | $7,500 |
| Nova Scotia | $2,792 | $800 | $4,570 | $5,305 | $9,000 |
| Saskatchewan | $2,792 | $850 | $4,623 | $5,358 | — |
| Manitoba | $2,792 | $900 | $4,675 | $5,410 | $9,650 |
| Province | Payment | Property tax | Break-even rent | Rent for 1.25 DSCR | Land transfer tax |
|---|---|---|---|---|---|
| British Columbia | $3,722 | $800 | $5,813 | $6,792 | $14,000 |
| Yukon | $3,722 | $800 | $5,813 | $6,792 | — |
| Northwest Territories | $3,722 | $867 | $5,883 | $6,863 | — |
| Nunavut | $3,722 | $867 | $5,883 | $6,863 | — |
| Alberta | $3,722 | $933 | $5,953 | $6,933 | — |
| Newfoundland and Labrador | $3,722 | $933 | $5,953 | $6,933 | $4,800 |
| Ontario | $3,722 | $1,000 | $6,023 | $7,003 | $12,475 |
| New Brunswick | $3,722 | $1,000 | $6,023 | $7,003 | $8,000 |
| Prince Edward Island | $3,722 | $1,000 | $6,023 | $7,003 | $8,000 |
| Quebec | $3,722 | $1,067 | $6,094 | $7,073 | $10,500 |
| Nova Scotia | $3,722 | $1,067 | $6,094 | $7,073 | $12,000 |
| Saskatchewan | $3,722 | $1,133 | $6,164 | $7,143 | — |
| Manitoba | $3,722 | $1,200 | $6,234 | $7,214 | $13,650 |
| Province | Payment | Property tax | Break-even rent | Rent for 1.25 DSCR | Land transfer tax |
|---|---|---|---|---|---|
| British Columbia | $4,653 | $1,000 | $7,266 | $8,491 | $18,000 |
| Yukon | $4,653 | $1,000 | $7,266 | $8,491 | — |
| Northwest Territories | $4,653 | $1,083 | $7,354 | $8,578 | — |
| Nunavut | $4,653 | $1,083 | $7,354 | $8,578 | — |
| Alberta | $4,653 | $1,167 | $7,442 | $8,666 | — |
| Newfoundland and Labrador | $4,653 | $1,167 | $7,442 | $8,666 | $6,000 |
| Ontario | $4,653 | $1,250 | $7,529 | $8,754 | $16,475 |
| New Brunswick | $4,653 | $1,250 | $7,529 | $8,754 | $10,000 |
| Prince Edward Island | $4,653 | $1,250 | $7,529 | $8,754 | $10,000 |
| Quebec | $4,653 | $1,333 | $7,617 | $8,841 | $13,500 |
| Nova Scotia | $4,653 | $1,333 | $7,617 | $8,841 | $15,000 |
| Saskatchewan | $4,653 | $1,417 | $7,705 | $8,929 | — |
| Manitoba | $4,653 | $1,500 | $7,792 | $9,017 | $17,650 |
These figures are derived, not surveyed. There is no market rent or sale price data here — a report built on those is only as current as its vintage. Every number below comes from the same engine behind the site’s mortgage calculator, so it does not go stale.
Formula
break-even rent = (payment + property tax + operating costs) / (1 - vacancy rate)
Common mistake
Do not treat this as market rent. It is the rent the property needs under the stated assumptions; market rent may be lower or higher.
Two figures you may want to change
Operating costs are taken as 1.5% of property value a year (maintenance, insurance and management) and vacancy at 5%. Both are assumptions, not measurements — reasonable mid-range figures for Canadian residential rentals, and both vary by property age, city and management. Adjust them in the investor calculator for a specific deal, or check financeability with the DSCR calculator.
Excludes condo fees, utilities where paid by the landlord, capital expenditure and income tax on rental profit. An estimate for comparison between provinces, not advice on a specific property.
Verified July 29, 2026. The report uses derived scenarios from the usecos mortgage engine, Canadian semi-annual compounding, CMHC premium context, and province-level land-transfer assumptions documented below.