Calculating rent for your property? Explore the following chart or contact our team.
There are several factors that can affect the rental income of your property including property type, number of bedrooms, washrooms, and plus-ones, as well as the size, location, and several other details. However, the number of bedrooms is a strong indicator of the rental value of a property. The correlation between number of bedrooms and listing price is driven by the fact that bachelors and one-bedroom units attract single people and 2 bedrooms or more can attract couples and roommates, increasing the household income.