Rental Income Tax in Canada compared to North America

Canada: Rental income taxes (%).

Tax on the average annual rental income in the country, based on the following assumptions:

  • Gross rental income: $1,500/month
  • Owned by a foreign, non-resident individual
  • No other local income, no mortgage

These figures are for reference only; always consult a reputable lawyer for accurate advice. In many countries, it is more tax-efficient to buy and rent through a company. For more information on property taxes, click on the country links. Updated biannually.

Last updated October, 2024
USA 30.00%
Canada 25.00%

Canada real estate data, including prices, rents, and sizes in square meters, has been compiled and analyzed from the following sources:

  • Teranet-National Bank House Price Index
  • Centris
  • Properstar

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