Short-Term vs Lease Calculator
Should your Nova Scotia property be a short-term rental or a leased tenancy? Enter your own numbers below to compare estimated yearly income for each, side by side.
Estimates based only on the numbers you enter. Not a projection or advice, and excludes mortgage, property tax, income tax and one-time setup costs.
Good to Know
Is a short-term rental more profitable than a long-term lease in Nova Scotia?
Often, but not always. Short-term rentals can earn more gross income, but they carry more costs, more variability and more work. Location, rules, season and how well the home is run make the difference, which is why it pays to compare both with your own numbers.
What occupancy should I assume?
It varies widely by location, season, home type and how the listing is priced and managed. If you are unsure, try a few scenarios, or request a free rental analysis and we will estimate it from comparable homes near you.
What is not included in this calculator?
Mortgage payments, property tax, income tax, GST/HST, insurance changes and one-time furnishing costs are not included. Speak with your accountant about tax.
What could your property earn?
We are selective about the homes we take on, so every owner gets genuine attention. Start with a free rental property analysis: a realistic revenue range, a pricing plan and our honest view of whether your property is a fit. No obligation.