How do I find out what my property should rent for in Ontario?

Compare what similar units in your immediate area actually leased for recently — not what they were advertised at. OLH holds a real estate brokerage licence, so we can review real MLS lease data for your neighbourhood, unit type, and condition, and provide a free written rent range with no obligation.

How much does it cost to leave a rental vacant?

Divide the monthly rent by 30. A $2,200 per month rental loses roughly $72 for every day it sits empty — about $500 a week — and that money is never recovered. It is why pricing a unit correctly and marketing it widely matters more than squeezing an extra $50 a month out of the asking rent.

Is asking the highest possible rent always best?

No. Overpricing by $100 a month to gain $1,200 a year is a bad trade if it adds six extra weeks of vacancy, which on a $2,200 rental costs about $3,000. The goal is the highest rent that still leases quickly to a well-qualified tenant.

Free · No Obligation · Licensed Realtors®

What Should Your Ontario Rental Actually Rent For?

Guess too high and it sits empty for six weeks. Guess too low and you lock in below-market rent for years — because Ontario limits what you can raise it by later. We hold a brokerage licence, so we can look at what comparable units genuinely leased for and give you a free written rent range.

📊 Get My Free Rent Analysis 📞 (519) 258-3966 — Call or Text

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Do the Math on Your Own Unit

What an Empty Unit Is Costing You Right Now

Enter your rent and how long the unit has been (or might be) empty. Nothing is sent anywhere — this runs entirely in your browser.

Monthly rent ($)

Days vacant

LOST RENT

$2,200

That’s about $72 every day this unit stays empty.

Vacancy loss is permanent — unlike a repair, you can never earn that month back. Most OLH placements lease in 7–14 days.

Get My Free Rent Analysis →

Why Guessing Costs More Than You Think

Both Mistakes Are Expensive — in Opposite Directions

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Priced Too High

You ask $100 over market to gain $1,200 a year. The unit sits an extra six weeks. On a $2,200 rental that vacancy costs roughly $3,000 — so the higher rent lost you money, and you still end up dropping the price.

Overpricing also thins your applicant pool, which is how landlords end up accepting the only person who applied.

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Priced Too Low

You rent $150 under market to fill it fast. In Ontario you can generally only raise rent once every 12 months, by the provincial guideline — so that gap doesn’t close. Over five years it’s $9,000 of income you never see.

Below-market rent also lowers what the property is worth to an investor buyer, because value follows income.

The right number is the highest rent that still leases quickly to a well-qualified tenant. That’s the number we find for you.

What You Get, Free

A Real Rent Analysis — Not an Online Estimate

Automated rent estimators average whole postal codes and never see inside your unit. We look at what actually leased, then adjust for your property.

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Real Comparable Leases

As a licensed brokerage we review what similar units in your immediate area genuinely leased for — actual lease data, not asking prices that nobody paid.

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Adjusted for Your Property

Parking, laundry, utilities included or not, finishes, basement vs above grade, pets, and condition all move the number. We adjust for what you actually have.

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Quick Wins Before Listing

Often a few hundred dollars of paint, lighting, or photography moves the achievable rent more than holding out for a higher asking price ever will.

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Timing Advice

Ontario rental demand is seasonal, and student markets swing hard around September. Listing two weeks earlier sometimes matters more than the price itself.

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A Written Range

You get a realistic range with a recommended asking rent — yours to keep and use, whether you list with us, self-manage, or do nothing at all.

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A Way to Act on It

Like the number? We can have it on the MLS® and REALTOR.ca within days through our own brokerage — from $549 flat, or $29/mo for management clients.

Getting the Rent Right Is Only Half of It

The Right Tenant Matters More Than the Right Price

A $2,400 tenant who stops paying in month four costs vastly more than a $2,250 tenant who pays for five years. Every applicant we send you is Equifax credit-checked, income- and ID-verified, and run against 84,000+ Ontario LTB orders — and if a tenancy ever goes wrong, our licensed paralegals handle the LTB.

How Our Screening Works → The Legal Guarantee →

Rent Pricing — Frequently Asked Questions

Is the rent analysis really free?

Yes — free, written, and no obligation. We provide it because roughly a third of landlords who get one end up asking us to lease or manage the property. If you use it to self-manage instead, that’s genuinely fine.

How is this different from an online rent estimator?

Automated tools average large areas and can’t see your unit. We hold a brokerage licence, so we look at actual comparable leases near you and then adjust for parking, utilities, laundry, condition, and finishes — the details that move real rent by hundreds of dollars.

How often can I raise the rent in Ontario?

Generally once every 12 months, with 90 days’ written notice on an N1, and normally capped at the annual provincial rent increase guideline (some units and situations are treated differently, and above-guideline increases require LTB approval). That’s exactly why the rent you set at the start matters so much. See the self-help centre.

Can you tell me what my property is worth to sell, too?

Yes. We’re a licensed brokerage, so we can prepare a Comparative Market Analysis for sale value alongside the rent range — useful if you’re deciding whether to keep renting or sell. Just mention it when you book.

What if my unit is currently occupied?

Still useful — you’ll learn whether you’re at, above, or below market, which tells you what to do at renewal and what the property is really worth. We don’t need to enter the unit for the analysis.

Get Your Free Rent Analysis

Tell us the address, unit type, and what’s included, and a licensed Realtor® will come back with a realistic rent range for your property — free, no obligation, yours to keep.

📅 Book a Free 15-Minute Call 📞 Or Call/Text (519) 258-3966

Request My Free Rent Analysis

Tell us about your property or tenant situation. A licensed paralegal property manager will reach out — usually same-day. 100% free, no obligation.