Is it profitable to do Airbnb in Waterloo, Canada?
What is the occupancy rate of Airbnb in Waterloo, Canada?
What is the average daily rate of Airbnb in Waterloo, Canada?
Airbnb Revenue in Waterloo, Canada: 2025 Short-Term Rental Data & Insights
Average Airbnb Revenue in Waterloo
A typical short-term rental in Waterloo is booked for 226 nights per year, generating a medium Airbnb occupancy rate of 62% and an average daily rate (ADR) of CA$97 in local currency ($71). In June, 2024 - May, 2025, the average annual short-term rental revenue in Waterloo was CA$20K in local currency ($14K). As of 4th July, 2025, there are 398 active Airbnb listings in Waterloo.

Waterloo Airbnb Income Data Summary
Waterloo Average Monthly Revenue
CA$1,694 ($1,237)
Waterloo YoY Revenue Change
-6.5%
Waterloo Average Airbnb Occupancy Rate
62%
Waterloo Average Daily Rate
CA$97 ($71)
Budget
Waterloo Number of Listings
617
Small
Airbnb Seasonality in Waterloo
Strong
Most Profitable Month for Airbnb in Waterloo
April
** Period: June, 2024 - May, 2025 | Last Updated on: 4th July, 2025
Waterloo Airbnb Revenue by Month
June, 2024 - May, 2025
Low
CA$1,222
Average
CA$1,723
High
CA$2,246
Is Airbnb Profitable in Waterloo, Canada?
Yes, starting an Airbnb business in Waterloo can be very profitable as there is strong short-term rental demand. An average vacation rental revenue of CA$20,340 in local currency ($14,847) and a median occupancy rate of 62% are considered good in the hospitality space. With 617 active listings, the Waterloo 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 Waterloo 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 Waterloo 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 Waterloo 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 Waterloo
You can find the distribution graph of daily rate and revenue in our market dashboard. A typical Waterloo listing recorded a 62% average short-term rental occupancy between June, 2024 - May, 2025. The Waterloo vacation rental market has Strong seasonality, with April and August being the busiest months for Airbnb hosts.
About 19.74% of Waterloo 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 Waterloo market dashboard.
About 19.74% of Waterloo 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 Waterloo market dashboard.
Occupancy Rate: 62%
398 Active Listings
Starting an Airbnb in Waterloo: Short-Term Rental Regulations
Before launching an Airbnb in Waterloo, it's important to understand the local short-term rental rules and regulations. While Airbnb, Vrbo, and similar listing platforms are widely used in Waterloo, the legal landscape can be complex, especially for a beginner host.
In general, Waterloo 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 Waterloo vacation rental business legally compliant.
In general, Waterloo 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 Waterloo vacation rental business legally compliant.
Signup and check out more in-depth vacation rental data for free.
Explore Waterloo's Airbnb Data ⟶

Most Popular Airbnbs in Waterloo
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 398 listings.
See Airbnb Statistics on All 398 Listings
Professional Airbnb Property Managers in Waterloo
You can turn your Waterloo 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 Waterloo with the most Airbnb properties.
To help you get started, we’ve compiled a list of the professional short-term rental property managers in Waterloo with the most Airbnb properties.
Name | Listings | Rating | Revenue |
---|---|---|---|
Tracey & Aahil | 49 | 4.9★ | $1,23,234 |
Michael | 39 | 4.9★ | $1,23,234 |
JustLikeHome | 25 | 4.9★ | $1,23,234 |
Bremyan | 9 | 4.9★ | $1,23,234 |
Nora | 6 | 5.0★ | $1,23,234 |
Find out the top Airbnb management company in Waterloo, Canada for your needs.
Other short-term rental market data in Waterloo
Here is a breakdown of short-let properties in Waterloo. 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.
Waterloo Airbnb Listings by Property Size
Waterloo Airbnb Listings by Property Type
Waterloo Airbnb Listings by Cancelation Policy Type
Waterloo Vacation Rentals by Channel
Estimate Your Potential Earnings in Waterloo with the Airbtics Airbnb Calculator
Ready to start looking for the most profitable Airbnb investment opportunities in Waterloo?
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.
Waterloo Airbnb FAQs
How Much Can You Make on Airbnb in Waterloo, Canada?
The average Waterloo Airbnb host was able to make CA$20K in local currency ($14K) 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 Waterloo Airbnb data to see how different factors affect revenue and estimate your potential income.
How Profitable Is Airbnb in Waterloo?
With an ADR of CA$97 local currency ($71) and a median occupancy rate of 62%, short-term rentals in Waterloo can be very profitable. However, exactly how much money you can make from Airbnb in Waterloo 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 Waterloo.
What Is the ROI on Airbnb in Waterloo?
The return on investment (ROI) on Airbnb properties in Waterloo 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 Waterloo, the annual Airbnb revenue is CA$20K in local currency ($14K). 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 Waterloo?
The median Airbnb occupancy rate in Waterloo was 62% 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 Waterloo?
As of March 2025, there are 398 active listings on the Airbnb platform in Waterloo.