1. Trim MSRP
The starting price before freight, PDI, and fees. See the table below for every 2026 CR-V trim's real MSRP.
Photo: American Honda (Honda US Newsroom). 2026 Honda CR-V.
The 5 things that build a CR-V lease payment
Two people can lease the same CR-V trim and get different monthly payments — here's why, in the order they actually matter.
2. Residual value
What Honda Financial Services predicts the CR-V will be worth at lease end. A higher residual means a lower payment, because you're only financing the depreciation, not the full price.
3. Money factor
The lease equivalent of an interest rate, shown as a small decimal on the contract. Ask Henry to convert it to a percentage so you can compare it to a finance rate.
4. Kilometre allowance
Typically 16,000 / 20,000 / 24,000 km per year. A lower allowance lowers the payment but raises your risk of an overage charge at lease end.
A sixth factor, Ontario HST, is applied to every payment on top of the base lease calculation. For the full mechanics of how these combine — including the money-factor-to-interest-rate conversion — see Leasing a Honda in Ontario: What You Actually Sign For and Henry's lease vs. finance walk-through.
2026 Honda CR-V trims & MSRP
Manufacturer's suggested retail price, before freight/PDI and fees. Verified against honda.ca Build & Price and Maple Honda's own trim audit.
| Trim | Drivetrain | Powertrain | MSRP (CAD) |
|---|---|---|---|
| LX | FWD | 1.5L turbo, 190 hp | $37,075 |
| LX | AWD | 1.5L turbo, 190 hp | $39,875 |
| Sport | AWD | 1.5L turbo, 190 hp | $43,475 |
| Sport Hybrid | AWD | 2.0L Hybrid, 204 hp | $46,000 |
| TrailSport Hybrid | AWD | 2.0L Hybrid, 204 hp | $47,400 |
| EX-L Hybrid | AWD | 2.0L Hybrid, 204 hp | $48,800 |
| Touring Hybrid | AWD | 2.0L Hybrid, 204 hp | $51,300 |
Add freight/PDI and dealer fees (typically ~$2,000–$3,146 depending on trim) to reach honda.ca's "Selling Price," then HST. See the full CR-V feature sheet by trim for what each price level includes.
Gas CR-V or CR-V Hybrid — which leases better?
The Hybrid costs more to start. Whether it leases for less per month depends on the whole picture, not just MSRP.
MSRP gap
Sport AWD ($43,475) to Sport Hybrid AWD ($46,000) is a $2,525 MSRP difference for +14 hp (204 vs 190) and standard Real Time AWD.
Residual value
Hybrid trims generally hold value better over a lease term than the equivalent gas trim — one of the two levers (with the money factor) that can close or even flip the payment gap.
Fuel economy
Sport Hybrid AWD is rated 6.4 L/100 km combined versus 8.4 L/100 km for the gas Sport AWD — a real ongoing cost difference on top of the lease payment itself.
Only a side-by-side quote at your actual term and kilometre allowance shows the real gap. Ask Henry to run both →
What kilometre allowance should you pick?
16,000 km/year
Lowest payment. Fits light in-city driving with few highway trips. Risky for a Vaughan-to-Toronto daily commute.
20,000 km/year
The most common choice for a GTA commuter. Covers a typical daily commute plus regular weekend driving.
24,000 km/year
Higher payment, but the right call if you commute long distances, road-trip often, or aren't sure — overage charges cost more than paying for the km upfront.
Real feedback from Honda lessees at Maple Honda
Naila Aaijaz · Civic lease renewal · ★★★★★
"Loyal to Honda for over a decade and truly thankful to Henry Chen at Maple Honda for the exceptional service. He helped me renew my car lease that fits into my budget perfectly."
Rhonda Parente · CR-V · ★★★★★
"Bought my CR-V with Henry's assistance. From the get-go Henry always showed up — really caring about the experience and ensuring I got the right vehicle for my needs."
FAQ: Honda CR-V leasing in Ontario
What determines a Honda CR-V lease payment in Ontario?
Five things: the trim's MSRP, the residual value Honda Financial Services sets for that term, the money factor, your annual kilometre allowance, and Ontario HST applied to each payment.
Is the CR-V Hybrid more expensive to lease than the gas CR-V?
The Hybrid's MSRP starts higher (Sport Hybrid AWD at $46,000 vs. Sport AWD at $43,475), but Hybrid trims typically hold value better over a lease term, which works against the higher starting price. Text Henry your term and mileage and he'll run both.
What CR-V kilometre allowance should I pick for a GTA commute?
Typically 16,000, 20,000, or 24,000 km/year. A Vaughan-to-downtown-Toronto commute alone can run 15,000–20,000 km/year before errands or road trips — underestimating costs more at lease end than a slightly higher payment upfront.
What happens if I go over my CR-V lease kilometres?
You pay a per-km overage rate set in your contract, typically $0.10–$0.20/km. On a 36-month lease with a 20,000 km/year allowance, 5,000 km over would cost roughly $500–$1,000 at lease end.
Where is the 2026 Honda CR-V built?
Gas and Hybrid CR-V trims are both built at Honda of Canada Manufacturing in Alliston, Ontario — Alliston is Honda's lead North American plant for the CR-V Hybrid.
Can I get this month's actual CR-V lease payment from Henry?
Yes — rates and residuals move monthly, so this page doesn't publish a number that could be stale by the time you read it. Text your trim, term, and annual kilometres to (647) 523-6878.
Ready for this month's real CR-V lease numbers?
Tell Henry the trim, term, and annual kilometres you have in mind. He'll reply with this month's actual payment — not a guess.