Is it profitable to do Airbnb in Richmond Hill, Canada?
What is the occupancy rate of Airbnb in Richmond Hill, Canada?
What is the average daily rate of Airbnb in Richmond Hill, Canada?
Airbnb Revenue in Richmond Hill, Canada: 2025 Short-Term Rental Data & Insights
Average Airbnb Revenue in Richmond Hill
A typical short-term rental in Richmond Hill is booked for 212 nights per year, generating a medium Airbnb occupancy rate of 58% and an average daily rate (ADR) of CA$113 ($83). In June, 2024 - May, 2025, the average annual short-term rental revenue in Richmond Hill was CA$23K ($17K). As of 4th July, 2025, there are 1,015 active Airbnb listings in Richmond Hill.
Richmond Hill Airbnb Income Data Summary
Richmond Hill Average Monthly Revenue
CA$1,998 ($1,459)
Richmond Hill YoY Revenue Change
-1.47%
Richmond Hill Average Airbnb Occupancy Rate
58%
Richmond Hill Average Daily Rate
CA$113 ($83)
Budget
Richmond Hill Number of Listings
1,419
Medium
Airbnb Seasonality in Richmond Hill
Strong
Most Profitable Month for Airbnb in Richmond Hill
May
** Period: June, 2024 - May, 2025 | Last Updated on: 4th July, 2025
Richmond Hill Airbnb Revenue by Month
June, 2024 - May, 2025
Low
CA$1,412
Average
CA$2,209
High
CA$3,272
Is Airbnb Profitable in Richmond Hill, Canada?
Yes, starting an Airbnb business in Richmond Hill can be very profitable as there is strong short-term rental demand. An average vacation rental revenue of CA$23,992 ($17,513) and a median occupancy rate of 58% are considered good in the hospitality space. With 1,419 active listings, the Richmond Hill Airbnb market is strong but not oversaturated.
Tip: Investing in a short-term rental can be both stable and highly profitable.
Stability: Vacation rentals in a market like Richmond Hill are a stable investment strategy because they combine investing in real estate and in hospitality. While many potential investors worry about increasingly stricter Airbnb laws, if you can no longer rent out your property on Airbnb, you can convert it into a long-term rental and lease it to tenants on a monthly basis. Monthly rentals yield less, but they are less heavily regulated and even more stable than short-term rentals.
Profitability: Buying an Airbnb property in a city like Richmond Hill is highly profitable because the monthly cash flow from a short-term rental investment is typically double the rental rate of traditional rentals.
As a Richmond Hill Airbnb host, you can boost the performance of your short-term rental by choosing the optimal property type and the right property size and furnishing your listing with the most demanded amenities in the area.
Demand by Amenities
Average Airbnb Occupancy Rate in Richmond Hill
You can find the distribution graph of daily rate and revenue in our market dashboard. A typical Richmond Hill listing recorded a 58% average short-term rental occupancy between June, 2024 - May, 2025. The Richmond Hill vacation rental market has Strong seasonality, with May and April being the busiest months for Airbnb hosts.
About 39.16% of Richmond Hill Airbnb guests are international guests, and visitors from Canada constitute the largest group. Learn more about guest origin to inform your vacation rental marketing strategy.
On the graph below, you can see the occupancy rate distribution per number of listings.
To view the distribution of average daily rates and annual revenue, refer to our Richmond Hill market dashboard.
About 39.16% of Richmond Hill Airbnb guests are international guests, and visitors from Canada constitute the largest group. Learn more about guest origin to inform your vacation rental marketing strategy.
On the graph below, you can see the occupancy rate distribution per number of listings.
To view the distribution of average daily rates and annual revenue, refer to our Richmond Hill market dashboard.
Occupancy Rate: 58%
1,015 Active Listings
Starting an Airbnb in Richmond Hill: Short-Term Rental Regulations
Before launching an Airbnb in Richmond Hill, it's important to understand the local short-term rental rules and regulations. While Airbnb, Vrbo, and similar listing platforms are widely used in Richmond Hill, the legal landscape can be complex, especially for a beginner host.
In general, Richmond Hill Airbnb regulations are lenient at the city level, but zoning regulations might apply to some parts of the market. Hosts might be required to register their short-term rentals with local authorities, and there might be limitations on the number of licenses that a single host can hold. You also need to pay applicable Airbnb taxes to make your Richmond Hill vacation rental business legally compliant.
In general, Richmond Hill Airbnb regulations are lenient at the city level, but zoning regulations might apply to some parts of the market. Hosts might be required to register their short-term rentals with local authorities, and there might be limitations on the number of licenses that a single host can hold. You also need to pay applicable Airbnb taxes to make your Richmond Hill vacation rental business legally compliant.
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Explore Richmond Hill's Airbnb Data ⟶
Most Popular Airbnbs in Richmond Hill
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 1,015 listings.
See Airbnb Statistics on All 1,015 Listings
Professional Airbnb Property Managers in Richmond Hill
You can turn your Richmond Hill Airbnb investment into a source of passive income and navigate the short-term rental regulatory framework easily by hiring one of the best Airbnb property management companies in the area.
To help you get started, we’ve compiled a list of the professional short-term rental property managers in Richmond Hill with the most Airbnb properties.
To help you get started, we’ve compiled a list of the professional short-term rental property managers in Richmond Hill with the most Airbnb properties.
| Name | Listings | Rating | Revenue |
|---|---|---|---|
| Globalstay | 120 | 4.2★ | $1,23,234 |
| Ibby | 79 | 4.6★ | $1,23,234 |
| Bin | 69 | 4.6★ | $1,23,234 |
| Kathryn | 37 | 4.7★ | $1,23,234 |
| Daniel | 26 | 4.7★ | $1,23,234 |
Find out the top Airbnb management company in Richmond Hill, Canada for your needs.
Other short-term rental market data in Richmond Hill
Here is a breakdown of short-let properties in Richmond Hill. 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.
Richmond Hill Airbnb Listings by Property Size
Richmond Hill Airbnb Listings by Property Type
Richmond Hill Airbnb Listings by Cancelation Policy Type
Richmond Hill Vacation Rentals by Channel
Estimate Your Potential Earnings in Richmond Hill with the Airbtics Airbnb Calculator
Ready to start looking for the most profitable Airbnb investment opportunities in Richmond Hill?
Use our Airbnb income calculator to instantly get an accurate estimate of the earning potential of any neighborhood and area.
Use our Airbnb income calculator to instantly get an accurate estimate of the earning potential of any neighborhood and area.
Richmond Hill Airbnb FAQs
How Much Can You Make on Airbnb in Richmond Hill, Canada?
The average Richmond Hill Airbnb host was able to make CA$23K ($17K) in June, 2024 - May, 2025. Your actual vacation rental revenue can vary depending on your listing's location, type, size, amenities, target guest persona, property management style, marketing strategy, and other factors. Check out our detailed Richmond Hill Airbnb data to see how different factors affect revenue and estimate your potential income.
How Profitable Is Airbnb in Richmond Hill?
With an ADR of CA$113 ($83) and a median occupancy rate of 58%, short-term rentals in Richmond Hill can be very profitable. However, exactly how much money you can make from Airbnb in Richmond Hill is determined by multiple factors. Remember that profitable Airbnb investments start with the best location. Buy an Airbnb property in one of the most profitable locations in Richmond Hill.
What Is the ROI on Airbnb in Richmond Hill?
The return on investment (ROI) on Airbnb properties in Richmond Hill depends on factors like the purchase price, rental income, and operating costs. While the exact ROI varies by property, you can get an estimate by using key metrics such as annual rental income, daily rates, and occupancy.In Richmond Hill, the annual Airbnb revenue is CA$23K ($17K). To estimate your ROI, compare this income against your property's purchase price and operating expenses. Our Airbnb calculator can help you run the numbers based on your investment and strategy.
What Is the Average Occupancy Rate for Airbnb in Richmond Hill?
The median Airbnb occupancy rate in Richmond Hill was 58% in June, 2024 - May, 2025. However, your actual occupancy depends on many factors, such as your property type, number of bedrooms, pricing strategy, and marketing efforts.
How Many Airbnbs Are There in Richmond Hill?
As of March 2025, there are 1,015 active listings on the Airbnb platform in Richmond Hill.