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Cap Rate Calculator

Calculate the capitalization rate for an investment property. Cap rate = Net Operating Income ÷ Purchase Price.

Property tax, insurance, maintenance, management fees (exclude mortgage)

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What Is Cap Rate?

Capitalization rate (cap rate) measures a property's expected rate of return. A higher cap rate means higher potential returns but often more risk. In Ontario, typical cap rates range from 4-7% depending on location and property type.

  • 3-5% — Low risk, prime urban areas (Toronto, Ottawa)
  • 5-7% — Moderate risk, suburban or secondary markets
  • 7%+ — Higher risk, rural or value-add properties

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