Is it profitable to do Airbnb in Montreal, Canada?
What is the occupancy rate of Airbnb in Montreal, Canada?
What is the average daily rate of Airbnb in Montreal, Canada?
Canada / Montreal
Montreal, Airbnb Market Statistics & Data, Canada
A typical short-term rental listing in Montreal is booked for 259 nights a year, with a median occupancy rate of 71% and an average daily rate of CA$143. In 2023, a typical host income (annual revenue) was CA$34K. As of 12th September, 2024, there are 6,918 active Airbnb listings.
Average Revenue: CA$34K/yr
Occupancy Rate
71%
Avg Daily Rate
CA$143
Mid Scale
No. of Listings
10,785
Big
YoY Revenue Change
7.25%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
CA$2,122
Average
CA$3,186
High
CA$4,810
Is Airbnb Profitable in Montreal?
Yes, there is good short-term rental demand. A 71% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.
Starting an Airbnb in Montreal
Short-term rental regulation is lenient in Montreal. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
Average Airbnb Occupancy Rate in Montreal
A typical listing recorded a 71% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 38.59% of the guests are international guests, and visitors from Canada is the largest group. Learn more about guest origin!.
You can find the distribution graph of daily rate and revenue in our market dashboard.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 71%
6,918 Active Listings
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Explore Montreal's Airbnb Data ⟶
Best Areas in Montreal for Airbnb
Are you wondering where to invest in Montreal? Look no further!
- Old Montreal (Vieux-Montréal)
- Mont-Royal Park (Parc du Mont-Royal)
- Notre-Dame Basilica (Basilique Notre-Dame)
- Montreal Museum of Fine Arts (Musée des beaux-arts de Montréal)
- Old Port of Montreal (Vieux-Port de Montréal)
- Saint Joseph's Oratory (Oratoire Saint-Joseph)
- Montreal Botanical Garden (Jardin Botanique de Montréal)
- Jean-Talon Market (Marché Jean-Talon)
- Montreal Biosphere (Biosphère)
- La Ronde Amusement Park
Top demand Airbnb in Montreal
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 6,918 listings.
See 6,918 listing Statistics
Professional Short-term rental property managers in Montreal
We've compiled a list of host profiles that manage the most Airbnb properties in Montreal. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Montreal
Here is a breakdown of short-let properties in Montreal. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
Property Size
Amenities
Property Type
Cancelation Policy Type
By Channel Type