Calculators
Rent or buy?
Adjust the inputs — results update automatically.
What you pay in rent each month today.
How much your rent rises each year, on average.
Yearly cost of your renter's insurance.
Any other yearly costs tied to renting (parking, storage, etc.).
The price of the home you'd buy instead.
Cash you'll put toward the purchase.
Years to pay off the mortgage.
Pick a product or type your own rate. Province is informational.
Rent vs. Buy
The return on investment of your purchase will be in 12.8 years
After 25 years, buying represents a benefit of $ 128,210
The full Buy-vs-Rent breakdown is below.
Results are estimates for illustration only — not a mortgage offer or financial advice. Contact Amarpreet Bhui for exact figures.
Buy vs. Rent — detailed comparison
| Buy | Rent | |
|---|---|---|
| Amount invested | $ 139,750 | $ 426,354 |
| Total expenses/rent | $ 1,195,644 | $ 909,265 |
| Selling costs | $ 68,048 | — |
| Total cost | $ 1,335,394 | $ 1,335,619 |
| Property value | $ 1,360,956 | — |
| Mortgage balance | $ 0 | — |
| Net property value | $ 1,292,908 | — |
| Investments | — | $ 426,354 |
| Investment income | — | $ 738,344 |
| Total value of investments | — | $ 1,164,698 |
| Net costs | $ 42,486 | $ 170,921 |
Net costs = total costs − net property value (buy) or − net investment value (rent). Assumes home appreciation and investment growth over the period.
Take the next step
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