Free landlord calculator · Ontario
Enter your rent and a percentage quote, and compare a year of it with a flat monthly fee, before HST.
Compare a percentage-of-rent quote with a flat monthly fee over twelve months. The flat fee starts at Tenant.ca’s published price for condos and apartments ($98 a month); houses start at $148. The starting values are an illustration, not a quote for your property.
Over 12 months the flat fee is $1,224 lower than the percentage fee, before HST.
Monthly rent × percentage × 12; flat monthly fee × 12. Results are before HST and rounded to whole dollars. They cover the recurring management fee only and exclude tenant placement, repairs, contractor work and the property’s operating costs. A fee is only comparable when both quotes cover the same responsibilities, so compare the written scope as well as the price.
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See what Tenant.ca’s management fee covers →Property management fees are usually charged in one of three ways: a flat monthly fee per unit, a percentage of the monthly rent, or a monthly minimum combined with a percentage. Many managers charge separately for finding a tenant, lease renewals or inspections, so compare the yearly total for the same scope, not the headline rate.