Gross Rent Multiplier Calculator
A quick valuation ratio for screening rental properties — price divided by annual gross rent.
GRM is the simplest valuation metric for rentals — purchase price divided by annual gross rent. It ignores expenses and financing, so use it for quick comparisons only.
Gross rent multiplier
16.67
Stretched — common in Toronto / Vancouver
A GRM under 10 used to be a Canadian benchmark for "solid investment" but is essentially extinct in major urban markets today. A GRM of 12–15 is the new realistic target outside the largest cities.
The information presented on HousingPortal.ca is intended for general illustrative purposes only. While the information is believed to be reliable, it cannot be guaranteed for accuracy, completeness, or currency. Neither HousingPortal.ca and its employees, nor any other party identified in this guide/report, assumes any liability for the information provided. The views and opinions expressed by the analysts at HousingPortal.ca are their own and should not be considered as investment advice. It is recommended that you seek the advice of a licensed real estate professional before making any decisions regarding real estate investments.