Paying off a Canadian mortgage 8–12 years faster may be possible when a rental property’s sustainable net cash flow supports your own home loan—but the strategy requires realistic numbers and consistent execution. Start by calculating rent after vacancy, repairs, insurance, taxes, financing, and income-tax considerations. Then explore accelerated biweekly payments, annual lump sums, and your lender’s prepayment privileges. Keep an emergency reserve, avoid overestimating appreciation, and review the legal and tax implications with qualified Canadian professionals. The goal is not simply to buy a rental, but to create reliable cash flow without putting your household’s financial stability at risk.
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