The Condo Calculator is a free online tool designed to help homebuyers, real estate investors, and condo owners across Canada make informed financial decisions about condominium purchases. Whether you are a first-time buyer evaluating affordability, an investor comparing multiple properties, or a current owner assessing rental performance, this calculator provides a clear, side-by-side breakdown of monthly carrying costs, cash flow, and return on investment.
The tool calculates mortgage payments using Canadian amortization conventions (25-year amortization, 5-year fixed terms), property taxes, maintenance fees, parking, and locker costs. It then compares these carrying costs against projected rental income to show monthly cash flow and annual ROI. A built-in performance gauge gives an instant visual read on whether a given condo is cash-flow positive or negative, helping you quickly separate strong investments from money-losing properties.
Beyond individual property analysis, The Condo Calculator includes real-time market context for major Canadian cities — Toronto, Vancouver, Calgary, Montréal, Ottawa, and Hamilton — with benchmark prices, average price per square foot, gross rental yields, and year-over-year price trends sourced from public market reports. This lets you compare your target property directly against local market averages to see if you are overpaying or finding a deal.
The Condo Calculator was created by Toronto Realtor Yossi Kaplan, MBA, a real estate professional with years of experience guiding clients through the Greater Toronto Area condo market. The tool reflects a practical, numbers-first approach to real estate investing — because knowing whether a condo breaks even is the first step to building wealth through property.
* This calculator provides estimates for educational purposes only. Consult with a financial advisor for investment decisions.