BNBCalc Short Term Rental Investment Analysis 38 Canary Grass Blvd, Hamilton, ON, L0R 1P0

1 bed • 1 bath • 1 guests • CA$761,000

BNB

Calc

Annual Revenue

C$23,805

Profit (Cash Flow)

-C$50,203

Cap Rate

0.1%

Annual Revenue

C$23,805

AirDNA projects C$93/night at 55% occupancy ($18,687). Airbtics projects C$99/night at 66% occupancy ($23,805). Airbtics predicts this property will perform in the 43% revenue percentile

BNB Calc projects a 66% occupancy rate, C$99 rate per night.

Revenue Percentile (property's earnings compare to others in the market}

Percentiles	25%	50%	75%	90%
Revenue	C$18,113	C$26,313	C$32,205	C$39,355
Occupancy	56%	72%	79%	84%
Nightly Rate	C$84	C$96	C$106	C$120

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
One bedroom kitchen apartment	C$9,618	C$77	34%	1	1	1	C$0	❌	❌	❌	N / Y	⭐️ 5 (59)
Enjoy the new full basement apartment	C$13,986	C$99	38%	1	1	1	C$10	❌	❌	❌	N / N	⭐️ 5 (63)
The Barn-Modern Rustic Suite	C$48,073	C$209	61%	1	1	1	C$79	❌	✅	❌	Y / N	⭐️ 5 (115)
The Escape Basement Unit	C$17,071	C$77	57%	1	1	1	C$47	❌	❌	❌	N / Y	⭐️ 5 (178)
Bright and spacious basement apartment	C$28,953	C$102	77%	1	1	1	C$31	❌	❌	❌	Y / Y	⭐️ 5 (241)
Inviting 1-BR Basement Suite in Upper Hamilton	C$30,496	C$102	82%	1	1	1	C$0	❌	❌	❌	Y / Y	⭐️ 5 (90)
Modern New Apt. Min To Lake&QEW	C$14,156	C$114	31%	1	1	1	C$42	❌	❌	❌	Y / Y	⭐️ 4.5 (86)
Beautiful Bungalow in heart of Hamilton.	C$22,199	C$114	52%	1	1	1	C$21	❌	❌	❌	Y / Y	⭐️ 5 (41)
Renovated light & bright basement apt. Gage Park	C$23,472	C$99	62%	1	1	1	C$53	❌	❌	❌	Y / Y	⭐️ 5 (90)
Very Clean and Cozy	C$18,899	C$72	69%	1	1	2	C$37	❌	❌	❌	Y / Y	⭐️ 5 (136)
Basement Oasis - high speed Wi-Fi work from home	C$32,830	C$96	89%	1	1	2	C$83	❌	❌	✅	Y / Y	⭐️ 5 (49)
Charming Basement Unit with Private Entrance	C$20,022	C$67	78%	1	1	2	C$30	❌	❌	❌	N / Y	⭐️ 5 (99)
Private Cosy Own Suite on Tree-lined Street	C$23,645	C$87	74%	1	1	2	C$0	❌	❌	❌	Y / Y	⭐️ 5 (136)
Chic Basement Apartment	C$26,484	C$92	79%	1	1	1	C$0	❌	❌	❌	Y / Y	⭐️ 5 (78)
Cozy studio apartment with fireplace	C$16,708	C$52	84%	1	1	2	C$53	❌	❌	❌	Y / Y	⭐️ 5 (47)
Kentley Guest Suite \| w/Laundry	C$30,354	C$89	90%	1	1	1	C$69	❌	❌	❌	Y / Y	⭐️ 5 (45)
Suite Gage - 1BR Apartment with Netflix	C$19,347	C$86	56%	1	1	1	C$100	❌	❌	✅	Y / Y	⭐️ 4.8 (46)
Private Guest Suite with cozy charm	C$28,392	C$100	75%	1	2	2	C$37	❌	❌	❌	Y / Y	⭐️ 4.9 (38)
Modern Private Basement w/ King Bed & Full Kitchen	C$23,091	C$83	76%	1	1	1	C$0	❌	❌	✅	Y / Y	⭐️ 4.5 (56)
Cozy 2BR Antique District Bungalow \| With Parking	C$28,146	C$104	67%	1	1	2	C$109	❌	❌	❌	Y / Y	⭐️ 5 (65)
Sweet Stinson Basement Suite	C$25,593	C$84	81%	1	1	1	C$21	❌	❌	✅	Y / Y	⭐️ 5 (55)
Private Spacious Guest Suite	C$29,131	C$96	83%	1	1	1	C$0	❌	❌	❌	Y / Y	⭐️ 5 (131)
The Finest Hamilton has to Offer- Safe & Beautiful	C$21,498	C$103	57%	1	1	1	C$0	❌	❌	✅	N / Y	⭐️ 5 (306)
Great Vibe in Hamilton - Safe Downtown Location	C$14,730	C$106	38%	1	1	1	C$0	❌	❌	✅	N / Y	⭐️ 5 (384)
Charming Coach House with Sauna	C$73,418	C$209	96%	1	1	1	C$0	❌	❌	❌	Y / Y	⭐️ 5 (74)
Cozy West End Guest Suite, Newly Renovated	C$25,517	C$67	98%	1	1	1	C$63	❌	❌	❌	N / Y	⭐️ 5 (95)
A Cozy Loft in the Heart of Hamilton	C$30,475	C$103	77%	1	1	1	C$53	❌	❌	✅	N / Y	⭐️ 5 (495)
Bright Apartment in Hess Village	C$28,335	C$113	62%	1	1	1	C$83	❌	❌	✅	N / Y	⭐️ 5 (49)
Central Westdale steps from McMaster	C$25,468	C$89	72%	1	1	2	C$90	❌	❌	❌	N / Y	⭐️ 5 (38)
Hollis Haven	C$23,934	C$122	52%	1	1	2	C$53	✅	✅	❌	N / Y	⭐️ 5 (103)
Cozy apartment on Lake Ontario	C$38,692	C$120	83%	1	1	1	C$53	❌	❌	❌	N / Y	⭐️ 5 (338)
Gallery Suite	C$27,196	C$126	59%	1	1	2	C$0	❌	❌	❌	Y / Y	⭐️ 5 (67)
Cozy 1 bedroom apartment	C$24,283	C$87	76%	1	1	1	C$0	❌	❌	❌	Y / Y	⭐️ 5 (61)
Apartment in the James South Neighborhood	C$14,039	C$89	32%	1	1	1	C$83	❌	❌	❌	Y / Y	⭐️ 4.5 (60)
Stylish 1BR Apt - Heart of James South Hamilton	C$19,759	C$80	57%	1	1	1	C$83	❌	❌	❌	Y / Y	⭐️ 4.5 (37)
ALBION FALLS LARGE CLEAN BASEMENT APART WIFI/TV	C$30,204	C$107	73%	1	1	2	C$63	❌	❌	❌	Y / Y	⭐️ 5 (75)
Independent Suite Near Airport 4 Guests 2 Qn. Beds	C$24,312	C$84	78%	1	1	2	C$6	❌	❌	❌	N / Y	⭐️ 5 (105)
Underwater Fantasy Room Getaway on Escarpment	C$11,998	C$93	32%	1	1	1	C$42	❌	❌	❌	N / Y	⭐️ 5 (314)
Cozy Little Suite in the middle of Stoney Creek	C$26,078	C$84	81%	1	1	1	C$79	❌	❌	❌	Y / Y	⭐️ 5 (80)

Return Metrics

-27.71% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-CA$50,202	-CA$100,405	-CA$150,608	-CA$200,810	-CA$251,013	-CA$502,027	-CA$1,506,082
Revenue Appreciation	CA$0	CA$0	CA$0	CA$0	CA$0	CA$0	CA$0
Home Equity	CA$608,800	CA$608,800	CA$608,800	CA$608,800	CA$608,800	CA$608,800	CA$608,800
Down Payment	CA$152,200	CA$152,200	CA$152,200	CA$152,200	CA$152,200	CA$152,200	CA$152,200
Property Appreciation	CA$22,830	CA$46,344	CA$70,565	CA$95,512	CA$121,207	CA$261,720	CA$1,086,146
Total Return	CA$733,627	CA$706,939	CA$680,957	CA$655,701	CA$631,193	CA$520,693	CA$341,064

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-27.71%

Cap Rate

0.14%

Return on Investment

-10.98%

38 Canary Grass Blvd Hamilton, Ontario, L0R 1P0

1 bed • 1 bath • 1 guests

Purchase Price

Hamilton

Zoning

Laws

-116

Airbnb Investor Score

-CA$50,202

Annual Profit

0.1%

Cap Rate

-27.7%

Cash on Cash

C$23,805

Annual Revenue

This property is projected to be in the top 43% revenue percentile compared to similar properties nearby.
Projected nightly rate is C$93/night at 55% occupancy.Projected nightly rate is C$99/night at 66% occupancy.

Occupancy Rate

Top 56% of comparables

Avg Daily Rate

Top 46% of comparables

Seasonality

40 Airbnb Comparables

Adjust the filters to identify similar listings to yours. Then adjust your annual revenue estimate accordingly.

CA$25,044

Avg annual revenue

66%

Avg occupancy rate

CA$99

Avg nightly rate

🏊‍♂️ Pool

🛁 Hot tub

🐶 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

C$10k

C$30k

C$50k

C$75k

-CA$50,203

Profit

Revenue

C$23,805

Operating Expenses

C$22,674

Operating Income

C$1,132

Mortgage & Taxes

C$51,335

Profit (Cash Flow)

-C$50,203

CA$181,113

Cash Investment

Down Payment

C$152,200

Renos & Furnishing

C$6,083

Closing Costs

C$22,830

Total

C$181,113

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-27.71%

Cap Rate

0.14%

Return on Investment

-10.98%