Is it profitable to do Airbnb in Toronto, Canada?
What is the occupancy rate of Airbnb in Toronto, Canada?
What is the average daily rate of Airbnb in Toronto, Canada?
Airbnb Revenue in Toronto, Canada: 2025 Short-Term Rental Data & Insights
Average Airbnb Revenue in Toronto
A typical short-term rental in Toronto is booked for 248 nights per year, generating a medium Airbnb occupancy rate of 68% and an average daily rate (ADR) of CA$161 in local currency ($118). In June, 2024 - May, 2025, the average annual short-term rental revenue in Toronto was CA$37K in local currency ($27K). As of 4th July, 2025, there are 11,639 active Airbnb listings in Toronto.
Toronto Airbnb Income Data Summary
Toronto Average Monthly Revenue
CA$3,161 ($2,308)
Toronto YoY Revenue Change
2.14%
Toronto Average Airbnb Occupancy Rate
68%
Toronto Average Daily Rate
CA$161 ($118)
Mid Scale
Toronto Number of Listings
19,985
Big
Airbnb Seasonality in Toronto
Strong
Most Profitable Month for Airbnb in Toronto
May
** Period: June, 2024 - May, 2025 | Last Updated on: 4th July, 2025
Toronto Airbnb Revenue by Month
June, 2024 - May, 2025
Low
CA$1,904
Average
CA$3,213
High
CA$4,420
Is Airbnb Profitable in Toronto, Canada?
Yes, starting an Airbnb business in Toronto can be very profitable as there is strong short-term rental demand. An average vacation rental revenue of CA$37,949 in local currency ($27,700) and a median occupancy rate of 68% are considered good in the hospitality space. With 19,985 active listings, the Toronto 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 Toronto 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 Toronto 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 Toronto 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 Toronto
You can find the distribution graph of daily rate and revenue in our market dashboard. A typical Toronto listing recorded a 68% average short-term rental occupancy between June, 2024 - May, 2025. The Toronto vacation rental market has Strong seasonality, with May and September being the busiest months for Airbnb hosts.
About 46.01% of Toronto 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 Toronto market dashboard.
About 46.01% of Toronto 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 Toronto market dashboard.
Occupancy Rate: 68%
11,639 Active Listings
Starting an Airbnb in Toronto: Short-Term Rental Regulations
Before launching an Airbnb in Toronto, it's important to understand the local short-term rental rules and regulations. While Airbnb, Vrbo, and similar listing platforms are widely used in Toronto, the legal landscape can be complex, especially for a beginner host.
In general, Toronto Airbnb regulations are strict 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 Toronto vacation rental business legally compliant.
Learn more about the Airbnb rules in Toronto, Canada.
In general, Toronto Airbnb regulations are strict 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 Toronto vacation rental business legally compliant.
Learn more about the Airbnb rules in Toronto, Canada.
Signup and check out more in-depth vacation rental data for free.
Explore Toronto's Airbnb Data ⟶
Most Profitable Areas for Vacation Rentals in Toronto
Wondering where to invest in Toronto for the best Airbnb returns? Look no further!
The best Airbnb markets in Toronto are:
The best Airbnb markets in Toronto are:
- Bay-Cloverhill, Toronto
- Airbnb Annual Revenue: CA$67,775 in local currency ($49,471)
- Airbnb Occupancy Rate: 76%
- Airbnb Average Daily Rate: CA$241 in local currency ($176)
- Yorkville, Toronto, ON
- Airbnb Annual Revenue: CA$62,536 in local currency ($45,647)
- Airbnb Occupancy Rate: 74%
- Airbnb Average Daily Rate: CA$227 in local currency ($166)
- Fashion District, Toronto
- Airbnb Annual Revenue: CA$62,285 in local currency ($45,464)
- Airbnb Occupancy Rate: 73%
- Airbnb Average Daily Rate: CA$230 in local currency ($168)
- King West, Toronto, ON
- Old Town, Toronto
- Moss Park, Toronto
- Harbourfront, Toronto
- North St. James Town, Toronto
- Leslieville, Toronto
- Little Tibet, Toronto
Find the top Airbnb location in Toronto for your specific needs and aspirations.
Most Popular Airbnbs in Toronto
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 11,639 listings.
See Airbnb Statistics on All 11,639 Listings
Professional Airbnb Property Managers in Toronto
You can turn your Toronto 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 Toronto with the most Airbnb properties.
To help you get started, we’ve compiled a list of the professional short-term rental property managers in Toronto with the most Airbnb properties.
| Name | Listings | Rating | Revenue |
|---|---|---|---|
| Cozy Cottages of Maskoka | 174 | 4.6★ | $1,23,234 |
| Corporate Stays | 166 | 4.1★ | $1,23,234 |
| Globalstay | 120 | 4.2★ | $1,23,234 |
| DelSuites | 30 | 4.5★ | $1,23,234 |
| Ibby | 79 | 4.6★ | $1,23,234 |
Find out the top Airbnb management company in Toronto, Canada for your needs.
Other short-term rental market data in Toronto
Here is a breakdown of short-let properties in Toronto. 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.
Toronto Airbnb Listings by Property Size
Toronto Airbnb Listings by Property Type
Toronto Airbnb Listings by Cancelation Policy Type
Toronto Vacation Rentals by Channel
Estimate Your Potential Earnings in Toronto with the Airbtics Airbnb Calculator
Ready to start looking for the most profitable Airbnb investment opportunities in Toronto?
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.
Toronto Airbnb FAQs
How Much Can You Make on Airbnb in Toronto, Canada?
The average Toronto Airbnb host was able to make CA$37K in local currency ($27K) 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 Toronto Airbnb data to see how different factors affect revenue and estimate your potential income.
How Profitable Is Airbnb in Toronto?
With an ADR of CA$161 local currency ($118) and a median occupancy rate of 68%, short-term rentals in Toronto can be very profitable. However, exactly how much money you can make from Airbnb in Toronto 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 Toronto.
What Is the ROI on Airbnb in Toronto?
The return on investment (ROI) on Airbnb properties in Toronto 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 Toronto, the annual Airbnb revenue is CA$37K in local currency ($27K). 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 Toronto?
The median Airbnb occupancy rate in Toronto was 68% 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 Toronto?
As of March 2025, there are 11,639 active listings on the Airbnb platform in Toronto.