Canadian home ownership cost reference

Know your true home ownership costs

Go beyond the purchase price. Estimate mortgage, property tax, insurance, utilities and maintenance for a Canadian home from figures you enter — free, with no login, and with every formula and assumption shown on screen.

Open the cost planner Analyze by home age

Free to use: No account, no email gate
Estimates, not quotes: Formulas and assumptions shown
Canadian context: Provincial and municipal variables
Print & share: Take your numbers with you

Flagship tool

Total Cost of Homeownership Planner

One place to estimate what a Canadian home really costs — with editable example defaults, every formula shown, and a printable summary. No account, no email, no paywall.

Open the planner

01Four numbers that matterCash needed up front, monthly carrying cost, annual cost, and a five-year planning total.
02Compare two scenariosTwo homes side by side, or owning against your current rent — without being told which to pick.
03Verify before you commitBuyer and homeowner checklists plus the questions to ask about tax, fees, and insurance.

01Start with a tool

Every tool runs in your browser and asks for no account.

Method

How to get a usable number out of this site

Every calculator here works from figures you type in. Nothing is fetched from a national average and presented as your cost, because the cost of owning a specific home in Canada is set by the building, the municipality, the lender, the insurer and the utility — five parties who each publish their own numbers. The tools organise your inputs, show the formula, and point you at the body that can confirm each figure.

Gather before you start

The listing or your property record: year built, floor area, lot size, property type
Your most recent property tax bill and assessment notice
Twelve months of electricity, gas and water bills
Your mortgage rate hold or lender quote, in writing
The insurance quote you actually received, not an estimate of one
For condos: the current fee, budget, and reserve fund study

What these tools establish

A structured split of upfront cash, monthly carrying cost and annual cost
How your total moves when one input changes
A side-by-side comparison of two scenarios you define
Which figures you have confirmed and which are still assumptions
The specific questions worth asking each professional

What they cannot establish

Your approval, rate, or the premium an insurer will charge you
Your municipality's tax rate or your assessment for the coming year
Whether a defect exists in a building — only an inspection can show that
Which rebate programs are open, or what they pay
Legal, tax, mortgage, insurance or real estate advice

Start with the total cost of homeownership planner to build the whole picture, then use the individual tools to firm up the lines you are least sure about. Our methodology page sets out every formula and assumption in use, and each result carries its own source and limitation note. No account is required and your inputs stay in your browser.