Sal's Real Estate
215 Fort York Blvd M5V4A2 Toronto, ON, Canada

Thinking of renting out your Condo on Airbnb? Consider these Fixed Monthly Costs first: - Airbnb Host Fee (3%) - Cleaning/Supplies - Utilities... - Internet Plan - Cable TV/Netflix - Property Tax - Monthly Mortgage - Condo Fees - 3rd party Insurance See more

Renting Vs. Buying Assuming the purchase price for a 1 bedroom condo is $500,000 with a 5% down payment, you end up paying almost $1000 more to buy per month, but unlike renting your building equity by paying down your mortgage when you buy!

Do you know the QUICK FORMULA to estimate your monthly mortgage payment? For every 100,000 borrowed (assuming 3% interest, 25 year amortization and 20% down payment) you will have an estimated monthly payment of $379!

where is your rent money going? & Where could your rent money go!