Three rentals. $9,600 a month. One vacancy away from ruin. 1. Your Total Debt Service ratio is the real danger signal — if it’s above 40%, you’re in the red zone, and above 50% means one unexpected expense could spiral into serious financial trouble. → 40–44% 2. With Canada’s national average home price now at approximately $688,955, the real mortgage math on multiple properties is far heavier than most investors planned for — and variable rates are now sitting at 3.45%–4.45%, below fixed rates for the first time in three years. → $688,955 3. Ask yourself honestly: could you survive three months of vacancy on your worst property without touching your emergency fund? If not, your leverage is too high — full stop. → 3 months 4. If selling makes sense, use the proceeds strategically — RRSP contributions can lower your tax bracket and free up breathing room, with the 2026 annual RRSP limit sitting at $33,810. → $33,810 Full hold-sell-restructure guide 🌐 getwealthy.blog #CanadaFinance #PersonalFinance #CanadianMoney #MoneyTips #Canada
Certified Financial Planner (CFP) and Chartered Investment Manager (CIM) with over 17 years of experience in Canadian personal finance. Spent 10+ years at one of Canada's Big Five banks, the last 7 focused exclusively on high-net-worth clients. Every guide is written with the same depth I bring to real client work — Canada-specific, CRA-verified, and always free.