Rental Property ROI Calculator for Newfoundland and Labrador

Property details

Purchase price

Down payment

Mortgage rate

Amortization period

yrs

Income and expenses

Expected monthly rent

Annual property taxes

Annual insurance

Include property management fee

Tax settings Sources: CRA T776, T4002, T4037

Your marginal tax rate

Verify at Canada.ca — Tax rates and income brackets for individuals

Building value (% of purchase price)

Land is not depreciable. Check your municipal assessment.

Claim CCA depreciation

Class 1 at 4% declining balance. Half-year rule applies in year 1.

Multi-year projection

Hold period

yrs

Annual rent increase

Annual appreciation

Year 1 results (pre-tax)

Monthly mortgage payment

Monthly cash flow

Annual cash flow

Cap rate

Cash-on-cash return

Year 1 results (after tax)

After-tax monthly cash flow

After-tax annual cash flow

After-tax cash-on-cash return

Income tax on rental income

CCA deduction year 1

Analysis

Multi-year projection

Year	Property value	Annual rent	Interest	CCA	Tax	Pre-tax CF	After-tax CF	Cumulative CF	Mortgage bal.

Sale analysis at end of hold period

Projected sale price-

Capital gain-

Capital gains tax (50% inclusion)-

CCA recapture tax-

Total tax on sale-

Equity at sale-

Net equity after sale tax-

Cumulative after-tax cash flow-

Total return after tax-

Results are estimates for planning and educational purposes only, not financial or tax advice. Tax formulas sourced from CRA T776, T4002 and T4037. Vacancy, maintenance and closing costs not included. Consult a qualified Canadian accountant before making investment decisions.

Investing in Newfoundland and Labrador rental property

Land transfer tax Not applicable

Newfoundland and Labrador does not charge a provincial Land Transfer Tax on real estate purchases. A Land Registry fee applies but it is minimal compared to land transfer taxes in most other Canadian provinces. This makes Newfoundland and Labrador one of the more affordable provinces for acquisition costs.

Rent control No formal rent control

Newfoundland and Labrador does not have rent control legislation. Landlords can increase rent with proper notice during a tenancy. The Residential Tenancies Act provides tenant protections including required notice periods but does not cap the amount of allowable rent increases. Verify current notice requirements with Service NL before issuing any rent increase notice.

Legislation and disputes

Newfoundland and Labrador landlord-tenant relationships are governed by the Residential Tenancies Act (Newfoundland and Labrador). Service NL at gov.nl.ca/servicenl/residential-tenancies handles residential tenancy matters including applications related to security deposits, repairs and evictions.

Common questions about Newfoundland and Labrador rental property

Is there rent control in Newfoundland and Labrador?

Newfoundland and Labrador does not have rent control legislation. Landlords can set rents at market rates and are not subject to provincial caps on rent increases. The Residential Tenancies Act provides notice requirements for rent increases during a tenancy but does not limit the amount. Verify current notice requirements with Service NL before issuing any notice to a tenant.

Is there a land transfer tax in Newfoundland and Labrador?

No. Newfoundland and Labrador does not charge a provincial Land Transfer Tax. A Land Registry fee applies to property transfers but it is a minor cost compared to land transfer taxes in provinces like Ontario or BC.

Is St. John's a good rental property market?

St. John's is a relatively affordable market with property prices significantly below those in major cities. The economy is tied to offshore oil and gas and government employment. Rental demand in St. John's is steady and positive cash flow is generally more achievable than in most larger Canadian markets.

What legislation covers landlord and tenant relationships in Newfoundland and Labrador?

The Residential Tenancies Act (Newfoundland and Labrador) governs residential landlord-tenant relationships in the province. Service NL at gov.nl.ca/servicenl/residential-tenancies handles tenancy matters including applications, dispute resolution and information for both landlords and tenants.

Analyze any Newfoundland and Labrador property

Return to the main calculator for the full experience or explore our guides for Canadian real estate investors.

Main calculator New landlord checklist

This page is for informational purposes only and does not constitute financial, tax or legal advice. Rules and legislation vary and change. Verify current rules with Service NL and consult a qualified advisor before making investment decisions.