Buying Your First Rental Property in Ontario: The Numbers, the Financing, and the Tenants Who May Come With It
The listing says "great investment." The honest spreadsheet often says otherwise — at current Ontario prices, many rentals run cash-flow negative when you count every line, and the ones that work are found with conservative math, not optimism. This guide walks first-time investors through the real numbers (the 20% down rule, the stress test, what lenders actually count of your rental income), the full cost stack from land transfer tax to the capex reserve, the rent-control line that splits the market at November 15, 2018 — and the part most buying guides skip entirely: what it means when the property comes with tenants already in it.
