What is DSCR or DCR for Ontario rental properties?

DSCR (also called DCR) is Net Operating Income divided by annual debt service. Ontario lenders use it to evaluate if a rental property can carry its own mortgage payments.

What DCR do Ontario lenders usually require?

Typical Ontario lender targets are 1.20x to 1.30x for major lenders, around 1.10x for many alternative lenders, and flexible underwriting for private lenders depending on LTV and deal quality.

Is this DSCR calculator for Ontario, Canada only?

Yes. This page is tailored to Ontario rental property financing scenarios for Canadian borrowers.

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Ontario Rental
Property
DSCR Calculator

See exactly what lenders look for. Calculate your DCR, NOI, and max loan threshold for Ontario investment properties in real time.

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Lender Benchmarks

Live Guide

Banks / CUs

1.20×

Standard DCR

Alt Lenders

1.10×

Minimum DCR

Typical LTV

80%

Upper range

Coverage

Ontario

ON Focused

Calculator Inputs

Property Details

Canadian investment property

Purchase Price

Monthly Gross Rent

Financing Terms

Canadian semi-annual compounding

Down Payment

20%

$100,000

5%20%35%50%

Interest Rate

Amortization

Annual Expenses

Operating costs (not mortgage payments)

Property Taxes

Insurance

Condo / Strata Fees

Other Expenses

Vacancy Rate20%

0%5%10%20%

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1.20–1.30× DCR

Banks & Credit Unions

Up to 75% LTV

Lowest rates available

Best for strong deals

1.10× DCR

Alternative Lenders

Up to 80% LTV

All property types

MICs & trust cos

Flexible DCR

Private Lenders

Bridge / short-term

Interest-only options

Quick approvals

Live Results

1.43DCR Ratio

Qualified

Meets standard bank threshold (1.20×+)

Monthly NOI

$3,483

Annual $41,800

Monthly P&I

$2,442

Loan $400,000

Cash Flow /mo

$1,042

Annual $12,501

Loan-to-Value

80.0%

Equity $100,000

Max Loan at DCR Thresholds

Standard1.20×

$475,560

Minimum Threshold1.10×

$518,793

Break-even1.00×

$570,672

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Ontario RentalPropertyDSCR Calculator