Is it profitable to do Airbnb in North Bay, Canada?
What is the occupancy rate of Airbnb in North Bay, Canada?
What is the average daily rate of Airbnb in North Bay, Canada?
Canada / North Bay
North Bay, Airbnb Market Statistics & Data, Canada
A typical short-term rental listing in North Bay is booked for 219 nights a year, with a median occupancy rate of 60% and an average daily rate of CA$167. In 2023, a typical host income (annual revenue) was CA$36K. As of 12th September, 2024, there are 132 active Airbnb listings.
Average Revenue: CA$36K/yr
Occupancy Rate
60%
Avg Daily Rate
CA$167
Mid Scale
No. of Listings
157
Small
YoY Revenue Change
14.17%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
CA$2,237
Average
CA$3,309
High
CA$4,791
Is Airbnb Profitable in North Bay?
Yes, there is good short-term rental demand. A 60% 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 North Bay
Short-term rental regulation is lenient in North Bay. 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.
We made a guide on things you need to know before starting an Airbnb in Canada, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in North Bay
A typical listing recorded a 60% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 9.22% 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: 60%
132 Active Listings
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Explore North Bay's Airbnb Data ⟶
Best Areas in North Bay for Airbnb
Are you wondering where to invest in North Bay? Look no further!
Top demand Airbnb in North Bay
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 132 listings.
See 132 listing Statistics
Professional Short-term rental property managers in North Bay
We've compiled a list of host profiles that manage the most Airbnb properties in North Bay. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in North Bay
Here is a breakdown of short-let properties in North Bay. 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.
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