Advanced Rent vs Buy Simulator for Canadian Markets
Is renting and investing in stock portfolios superior to buying a home in major Canadian cities like Toronto, Vancouver, Calgary, Ottawa, or Montreal? Our simulator evaluates precise variables over your planning horizon (from 1 to 30 years):
- Total Rent Outflows: Factor in rent growth rate, renter's tenant insurance, and stock market compounding returns from investing the price differential.
- Buy Outflows & Calculations: Mortgages including amortization calculations, real-time rates (fixed vs variable options), property taxes, maintenance fees, and closing expenditures.
- Canadian Regulatory Mechanics: Automatic application of CMHC high-ratio mortgage premium bands, plus provincial and Toronto Municipal Land Transfer Tax (MLTT) brackets with first-time home buyer rebates factored in.