Free tools for Ontario investors and business owners.
Mortgage payments, land transfer tax, investment returns and capital gains.
Commercial Real Estate Calculators
Financing
Mortgage payment calculator
Estimate the monthly payment on a commercial or multifamily purchase.
Monthly payment–
Mortgage amount–
Down payment–
Annual debt service–
Total interest over amortization–
Uses semi-annual compounding, as is standard for Canadian fixed-rate mortgages. Lenders set the actual down payment, rate and amortization for each property.
Closing costs
Ontario land transfer tax
Calculate the provincial land transfer tax due on closing. Ottawa has no municipal land transfer tax.
Land transfer tax–
Effective rate–
Price plus tax–
Ontario rates: 0.5% to $55,000, 1% to $250,000, 1.5% to $400,000 and 2% above that. A 2.5% rate applies above $2,000,000 only when the land contains one or two single-family residences. Commercial and 3+ unit properties stay at 2%.
Investment analysis
Investment returns quick check
See the net operating income, cash flow and return on cash for a rental or commercial property.
Net operating income–
Cap rate–
Annual cash flow–
Cash-on-cash return–
Debt coverage ratio–
Annual debt service–
Assumes a 25-year amortization with semi-annual compounding. This is a first-year snapshot. A full pro forma also looks at rent growth, expenses, financing and value over the hold period.
Selling
Capital gains estimate
Estimate the taxable capital gain and tax on the sale of an investment property.
Capital gain–
Taxable portion (50%)–
Estimated tax–
Uses the 50% capital gains inclusion rate. The default rate is Ontario's top combined personal rate; corporations and lower incomes differ. Recapture of capital cost allowance on buildings is taxed separately and is not included. Confirm with your accountant.
Need the full picture?
Mitch prepares investment pro formas for buyers and sellers, covering income, expenses, financing and returns over the hold period, so you can compare opportunities on their merits.
These calculators give estimates for general information only and are not financial, tax or legal advice. Speak with your lender, accountant or lawyer before making a decision.