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A $14,000 funding can really feel small in a Tax-Free Financial savings Account (TFSA), particularly in case you’re on the $109,000 complete contribution room. That’s, till it begins paying you each month. That rhythm issues. Tax-free money hits more durable than taxable money, and month-to-month distributions assist you to keep calm when the market throws a tantrum. Nonetheless, “month-to-month” doesn’t robotically imply “protected.” A super monthly-income TFSA inventory pays a sustainable distribution, grows lease or earnings over time, and retains debt tight sufficient to deal with increased charges. You need revenue, and also you need resilience. So let’s have a look at some month-to-month payers whereas checking off these containers.

DIR

Dream Industrial REIT (TSX:DIR.UN) appears related proper now as a result of warehouses and logistics area nonetheless sit on the centre of recent commerce. It owns industrial buildings throughout Canada, the U.S., and Europe, so it collects lease from tenants that want sensible area to retailer and ship items. The models have climbed towards the highest of their current vary, with shares up 11% within the final 12 months, and the belief provides a money yield round 5.4%, paid month-to-month.

The most recent earnings present why buyers have warmed up. Dream reported diluted funds from operations (FFO) of $0.27 per unit within the third quarter and stored the distribution at $0.70 per 12 months. It additionally reported a web asset worth of $16.74 per unit, and the market value nonetheless sits under that degree, which provides you a cushion. Leasing acts because the near-term catalyst, with robust rental spreads that may elevate money movement. Charges stay the important thing threat, as a result of refinancing prices can rise and capped charges can strain property values.

GRT

Granite REIT (TSX:GRT.UN) provides a special flavour of month-to-month revenue. It focuses on industrial properties too, but it surely leans into high quality and consistency, which may matter greater than chasing the largest yield. The models have pushed to new highs over the past 12 months, now up about 20% within the final 12 months. That energy can really feel boring, and boring typically wins inside a TFSA.

Granite’s newest quarter additionally introduced actual progress. It delivered diluted FFO of $1.48 per unit and diluted adjusted FFO of $1.26 per unit, then raised its focused annualized distribution to $3.55, or $0.2958 monthly, beginning with the December 2025 cost. On the outlook facet, administration guided to 2025 FFO per unit of $5.83 to $5.90 and AFFO per unit of $5.03 to $5.10. You gained’t discover a bargain-bin valuation right here, although. When a unit value sits close to document territory, future returns depend on regular execution, modest lease progress, and disciplined capital recycling.

AP

Allied Properties REIT (TSX:AP.UN) performs the “watch your step” function on this trio, and that may nonetheless match a wise TFSA plan. It owns workplace properties in Canadian cities, and the market has punished that class as tenants rethink how they use area. The models have fallen not too long ago, shares are down 20% within the final 12 months, and that drop creates upside if the enterprise stabilizes.

Earnings present each the issue and the plan. Within the third quarter, Allied reported FFO of $0.456 per unit and AFFO of $0.423 per unit, and its AFFO payout ratio ran at 106.4%, which left little cushion. Administration then lower the month-to-month distribution by 60% to $0.06 per unit for December 2025 and thru 2026 to cut back debt and curiosity expense. That lower hurts revenue at present, however it may possibly shield revenue tomorrow. A catalyst may come from asset monetization, together with its plan to promote the Vancouver knowledge centre entitlement at 150 West Georgia, with a closing anticipated within the first half of 2026.

Silly takeaway

So how do you flip $14,000 into “fixed” month-to-month revenue with out betting the farm on one title? I like a easy construction: $7,000 in Dream Industrial because the anchor, $4,900 in Granite for high quality, and $2,100 in Allied because the smaller turnaround kicker. Right here’s what that may appear to be.

The true win comes later, while you reinvest these month-to-month funds and maintain feeding the TFSA as new room opens annually.