Tag: Airbnb Rules & Regulations

Airbnb Rules in Winnipeg

Post author By Robyn Peña
Post date August 31, 2022

If you are looking to buy investment properties in Canada, knowing the Airbnb rules in your preferred city is the first step. It’s also important to consider the occupancy rates in Canada in order to have successful investment & long-term profitability! In this article, we featured Airbnb regulations in Winnipeg along with short-term let policies, rental properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Winnipeg.

Is Airbnb legal in Winnipeg?

Don’t worry, Airbnb is legal in Winnipeg! This city has over 600 murals and is home to many beautiful world-class museums and festivals. This attracts millions of tourists visiting Winnipeg annually which affects the city’s rental growth & demand!

Here is a little proof! As of June 2022, there are 10,365 nights available in Winnipeg from Airbnb alone. Nest Host manages 61 listings, while Alberto and Roam Rentals operates 27 and 23 respectively.

How much can I make by running an Airbnb in Winnipeg?

Currently, there are 797 Airbnb listings in Winnipeg, with 42% of entire houses earning up to C$1,369 a month. The Average Occupancy Rate in Winnipeg is 53% and the average daily rate is C$64. According to short-term rental data source Airbtics, a 2-bedroom apartment in Winnipeg can make up to C$26,930 each year. Check out our Short-Term Rental Income Calculator!

Short-term Rental Policy in Winnipeg

Currently, there are no regulations on short-term rentals in Winnipeg, but here are some of the recent updates to take note of:

City development officials in Winnipeg are planning to spend the next six months working on regulations for short-term rentals that could require owners to register with the city and submit to criminal background checks.
The city may also limit the number of short-term rentals in a specific block or individual condominium unit, restrict the rentals to primary residences and make them subject to the same 5% municipal accommodation tax hotels are required to pay.

Rental Demand in Winnipeg

There are many hosts who are doing rental arbitrage in Canada as it does not require you to own a property. Based on a recent Winnipeg rent report, there is an adequate supply of affordable rentals which is a struggle for lower-income households.

Source: Winnipeg Rental Demand

Property Investment in Winnipeg

If you are looking to start an Airbnb business in Canada, particularly in Winnipeg, you have to consider which areas are the most profitable. Whether it is located in the city centre or in the countryside, knowing your estimated annual revenue and high-return investment opportunities is important. Using an accurate short-term rental calculator, it shouldn’t be a difficult task at all!

Rental Properties in Winnipeg

Once you have decided to buy a property, you have to consider the average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. It could be a challenge to find rented properties in Winnipeg, so here are some of the most recommended areas that you can look into & consider purchasing:

Area	Average House Price	Average Rent Price (pcm)	Average Airbnb Revenue
Downtown	C$401,047	C$1.412	C$2.659
River - Osborne	C$309,900	C$1,490	C$2,263
Wolseley	C$337,590	C$1,120	C$2,436

Conclusion

In my personal opinion, the biggest advantage of running a short-term rental is high return! I’ve talked to hundreds of Airbnb hosts over the past years and frequently met hosts making 15-30% gross rental yields, and 10-20% net. It’s also fun to do!

Tags Airbnb Rules & Regulations, lat_49.8955367, lng_-97.1384584

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Airbnb Rules in Kelowna

Post author By Robyn Peña
Post date August 31, 2022

In this article, we featured Airbnb regulations in Kelowna along with short-term let policies, rental properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Kelowna.

Is Airbnb legal in Kelowna?

Don’t worry, Airbnb is legal in Kelowna! This city is known for its award-winning vineyards and wineries.

Here is a little proof! As of July 2022, there are 12,194 nights available in Kelowna from Airbnb alone. Kelowna Resort Accommodations manages 49 listings, while Locations and Cole operates 32 and 31 respectively.

How much can I make by running an Airbnb in Kelowna?

Currently, there are 617 Airbnb listings in Kelowna, with 48% of entire houses earning up to C$3,378 a month. The Average Occupancy Rate in Kelowna is 61% and the average daily rate is C$164. According to short-term rental properties data source Airbtics, a 2-bedroom apartment in Kelowna can make up to C$56,533 each year. Check out our Airbnb Income Calculator!

Short-term Rental Policy in Kelowna

Anyone operating a short-term rental in Kelowna must apply for a business licence. A homeowner or primary resident can legally rent their principal residence (or a bedroom within their residence) for periods of less than 30 days in certain zones in the city.
Annual business licences for short-term rentals cost $345 for principal residences and $750 for non-principal residences. These fees reflect the cost of implementation and compliance oversight activities. Short-term rental operators are required to renew their licence annually and ensure all documentation is accurate and up-to-date for the new year.
The City actively inspects short-term rentals. Operators must provide access to their short-term rental accommodation for the City to inspect, upon request.
Short-term rentals are NOT allowed in secondary suites or carriage houses.
Your short-term rental application is required to include a parking plan that outlines and labels each parking stall to show that there is enough room to support a short-term rental, as well as any other uses, within your property lines.

Rental Demand in Kelowna

There are many hosts who are doing rental arbitrage in Canada as it does not require you to own a property. Despite the fact that the price rent in Kelowna has increased, its demand and rental rate are also growing! Based on a recent rental housing inventory in Kelowna, their new rental buildings are located near public transportation, employment, and amenities.

Source: Kelowna Rental Demand

Property Investment in Kelowna

If you are looking to start an Airbnb business in Canada, particularly in Kelowna, you have to consider which areas are the most profitable. Whether it is located in the city centre or in the countryside, knowing your estimated annual revenue and high-return investment opportunities is important. Using an accurate short-term rental calculator, it shouldn’t be a difficult task at all!

Rental Properties in Kelowna

Once you have decided to buy a property, you have to consider the average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. It could be a challenge to find rented properties in Kelowna, so here are some of the most recommended areas that you can look into & consider purchasing:

Area	Average House Price	Average Rent Price (pcm)	Average Airbnb Revenue
North End	C$1,414,071	C$1,850	C$3,568
Lower Mission	C$893,000	C$1,045	C$2,588
Downtown	C$699,958	C$2,300	C$4,060

Conclusion

Tags Airbnb Rules & Regulations, lat_49.8879177, lng_-119.495902

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Airbnb Rules in Whistler

Post author By Robyn Peña
Post date August 31, 2022

If you are looking to buy investment properties in Canada, knowing the Airbnb rules in your preferred city is the first step. It’s also important to consider the occupancy rates in Canada in order to have successful investment & long-term profitability! In this article, we featured Airbnb regulations in Whistler along with short-term let policies, rental properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Whistler.

Is Airbnb legal in Whistler?

Don’t worry, Airbnb is legal in Whistler! This city is home to skiing and snowboarding in the wintertime & mountain biking during the summer – which is perfect for the majority of vacationers.

Here is a little proof! As of July 2022, there are 20,727 nights available in Whistler from Airbnb alone. Vacasa Canada manages 315 listings, while Whistler Platinum and Blackcomb Peaks operate 96 and 92 respectively.

How much can I make by running an Airbnb in Whistler?

Currently, there are 1,223 Airbnb listings in Whistler, with 40% of entire houses earning up to C$3,245 a month. The Average Occupancy Rate in Whistler is 51% and the average daily rate is C$225. According to vacation rental properties market data source Airbtics, a 2-bedroom apartment in Whistler can make up to C$84,392 each year. Want to discover how much can you make on Airbnb? Then check out our Airbnb Calculator!

Short-term Rental Policy in Whistler

It is required to have business licences for all tourist accommodation activity, including the marketing of properties/units. If your unit is rented solely through a property management company, you are covered by their business licence.
To obtain a business licence and market a property as tourist accommodation, the property’s zoning must list tourist accommodation or temporary accommodation as a permitted use. Properties with residential zoning may not be marketed as available to tourists, for any length of time.
It is also necessary to give consideration to registered covenants that may affect a property. Development, rental pool and other covenants may place restrictions and obligations on property use.
In Whistler, “residential” zoning means a fixed place of living, to which a person intends to return when absent. Therefore, regardless of the length of stay, tourist accommodation is not permitted in any residential-zoned area. To advertise and rent your property to tourists, your property’s zoning must state that tourist accommodation or temporary accommodation is a permitted use.
The new bylaw establishes new contemporary definitions, operational rules and inspection requirements which must be met before opening.
Under the new bylaw, these licences remain the property of the city and are non-transferrable. In addition, any operator who receives three violation notices will have their licence suspended. Anyone caught operating without a licence would be subject to a chargeable offence.
The city requires a $65 fee per year for a tourist-home licence. A new annual fee of $500 will be required for a new vacation rental unit or bed and breakfast licence (or change of ownership), and an annual fee of $250 for the renewal of any existing licence.

Rental Demand in Whistler

There are many hosts who are doing rental arbitrage in Canada as it does not require you to own a property. Based on the rental demand data in Whistler, rental and leasing have contributed to the largest portion of the area’s GDP at 26.2%.

Source: Whistler BC Economic Data

Property Investment in Whistler

If you are looking to start an Airbnb business in Canada, particularly in Whistler, you have to consider which areas are the most profitable. Whether it is located in the city centre or in the countryside, knowing your estimated annual revenue and high-return investment opportunities is important. Using an accurate short-term rental calculator, it shouldn’t be a difficult task at all!

Rental Properties in Whistler

Once you have decided to buy a property, you have to consider the average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. It could be a challenge to find rented properties in Whistler, so here are some of the most recommended areas that you can look into & consider purchasing:

Area	Average House Price	Average Rent Price (pcm)	Average Airbnb Revenue
Whistler Creek	C$999,050	C$2,200	C$4,164
Blackcomb	C$1,928,667	C$1,516	C$5,136
Nesters	C$685,000	C$2,040	C$5,537

Conclusion

Tags Airbnb Rules & Regulations, lat_50.1171903, lng_-122.9543022

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Airbnb Rules in Niagara Falls Ontario: What You Need To Know

Post author By Robyn Peña
Post date August 30, 2022

Airbnb Rules in Niagara Falls Ontario: What You Need To Know: Airbnb & short-term rental rules are important for hosts and property investors’ success in Niagara Falls, Canada. Find out more & be a pro!

Home > Resources > Airbnb Regulations >

Airbnb & short-term rental rules are important for hosts and property investors’ success in Niagara Falls, Canada. Find out more & be a pro!

August 30, 2023

If you are looking to buy investment properties in Canada, knowing the Airbnb rules in your preferred city is the first step. It’s also important to consider the occupancy rates in Canada in order to have successful investment & long-term profitability! In this article, we featured Airbnb regulations in Niagara Falls along with short-term let policies, rental properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Niagara Falls Ontario.

Is Airbnb legal in Niagara Falls?

Don’t worry, Airbnb is legal in Niagara Falls! This city is home to the famous waterfalls itself – Niagara Falls and is a popular neighborhood because of its easy accessibility to tourist attractions, shopping districts, restaurants, and more.

Here is a little proof! As of August 2023, there are 610 active listings in Niagara Falls. In fact, David manages 17 listings, while CChloe and Vacarya operate 15 and 9 respectively.

How much can I make by running an Airbnb in Niagara Falls?

Most of the listings in Niagara Falls are entire houses. They have an average occupancy rate of 48% and can earn up to C$37,290.

Meanwhile, the Average Occupancy Rate in Niagara Falls is 46% and the average daily rate is C$169. According to short-term rental market data source Airbtics, a 2-bedroom house in Niagara Falls can make up to C$33,914 each year. Check out our Short-term Rental Income Calculator!

Short-term Rental Policy in Niagara Falls

A licensed Bed and Breakfast (BNB) is permitted with an owner-occupied detached dwelling (or dwelling unit of a duplex or semi-detached dwelling), where these dwellings are permitted in residential and commercial zones, subject to the regulations contained in By-law No. 2018-91.
Operators of Vacation Rental Units and Bed and Breakfasts are to be in possession of an active license to operate. Applications for Vacation Rental Units and Bed & Breakfasts can be found on the Business Licensing Page.
Council passed a bylaw to allow a bed and breakfast of up to three bedrooms in an owner-occupied dwelling unit in three residential zones and up to four. bedrooms in the River Road district.
The new bylaw establishes new contemporary definitions, operational rules, and inspection requirements which must be met before opening.
Under the new bylaw, these licenses remain the property of the city and are non-transferrable. In addition, any operator who receives three violation notices will have their license suspended. Anyone caught operating without a license would be subject to a chargeable offense.
The city requires a $65 fee per year for a tourist-home license. An initial application fee of $500 will be required for a new vacation rental unit or bed and breakfast license (or change of ownership), and an annual fee of $250 for the renewal of any existing license. Access the application form here.

Discover the most profitable Canada Airbnb markets around where you live.

Comprehensive Exploration of Short-term rental & Real Estate Trends in the Top 40 Canada Cities for Prime Airbnb Investments! Find the best places to own and invest an Airbnb.

Rental Demand in Niagara Falls

There are many hosts who are doing rental arbitrage in Canada as it does not require you to own a property. Based on a recent real estate report on Niagara Falls, the housing demand continues to rise, although slowly.

Source: Niagara Falls CA Housing Demand

Property Investment in Niagara Falls

If you are looking to start an Airbnb business in Canada, particularly in Niagara Falls, you have to consider which areas are the most profitable. Whether it is located in the city center or in the countryside, knowing your estimated annual revenue and high-return investment opportunities is important. Using an accurate short-term rental calculator shouldn’t be a difficult task at all!

Rental Properties in Niagara Falls

Once you have decided to buy a property, you have to consider the average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. It could be a challenge to find rented properties in Niagara Falls, so here are some of the most recommended areas that you can look into & consider purchasing:


Area	Average House Price	Annual Airbnb Revenue	Gross Rental Yield
Niagara Falls Centre	C$707,450	C$39,971	5.65%
Ryerson	C$639,000	C$35,002	5.48%
Corwin	C$717,000	C$44,630	6.22%

Area

Airbnb Dataset

Niagara Falls Centre

Average House Price: C$707,450
Annual Airbnb Revenue: C$39,971
Gross Rental Yield: 5.65%

Ryerson

Average House Price: C$639,000
Annual Airbnb Revenue: C$35,002
Gross Rental Yield: 5.48%

Corwin

Average House Price: C$717,000
Annual Airbnb Revenue: C$44,630
Gross Rental Yield: 6.22%

The figures above are just estimates. House prices and Airbnb revenue vary. So, make sure that you find the best property type as well as the best number of bedrooms in your prospective Airbnb market.

Conclusion

In my personal opinion, the biggest advantage of running a short-term rental is a high return! I’ve talked to hundreds of Airbnb hosts over the past years and frequently met hosts making 15-30% gross rental yields, and 10-20% net. It’s also fun to do!

Unlock Worldwide
Short-Term Rental Data

Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data

Find unsaturated neighborhoods with the highest occupancy history.

Airbnb Rules in Ireland

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Airbnb Rules All About Airbnb

Airbnb Rules in Victoria

Post author By Robyn Peña
Post date August 30, 2022

If you are looking to start an Airbnb business in Canada, knowing the Airbnb rules in your preferred city is the first step. It’s also important to consider the occupancy rates in Canada in order to have successful investment & long-term profitability!

In this article, we featured Airbnb regulations in Victoria along with short-term let policies, rental properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Victoria.

Is Airbnb legal in Victoria?

Don’t worry, Airbnb is legal in Victoria! This city is home to numerous tech companies and offers many tourism job opportunities for locals. Victoria also accommodates millions of visitors annually and it directly affects the rental demand.

Here is a little proof! As of July 2022, there are 16,173 nights available in Victoria from Airbnb alone. Co-Hosts manages 33 listings, while Victoria Prime Services and Angela operate 28 and 24 respectively.

How much can I make by running an Airbnb in Victoria?

Currently, there are 768 Airbnb listings in Victoria, with 40% of entire houses earning up to C$4,380 a month. The Average Occupancy Rate in Victoria is 86% and the average daily rate is C$155. According to vacation rental market data source Airbtics, a 2-bedroom apartment in Victoria can make up to C$78,720 each year. Check out our Short-term Rental Calculator to know how much profit you can make with Airbnb!

Short-term Rental Policy in Victoria

You are NOT eligible if the short-term rental unit is a self-contained dwelling suite, except for when a renter rents it out on occasion with the owner’s permission.
It is required to have a Short-Term Rental Business Licence. The price for a principal residence is $150, while all other types of short-term rentals are $1,500.
If you are denied a short-term rental business licence, you may request that Council reconsider your business licence application. You will have an opportunity to submit your reasons for reconsideration and Council may decide to either uphold or deny your appeal for a business licence.
You are eligible if your short-term rental unit is your principal residence:
- The whole home on occasion (for example, when you are on vacation);
- Up to two bedrooms in your home with a shared kitchen and living spaces.
You are eligible if you own a legally non-conforming unit where transient accommodation was a permitted use. Changes to the Zoning Bylaw now prohibit short-term rentals in residential units where “transient accommodation” was a permitted use in zoning. However, properties may be considered legally non-conforming under this use if they have been operating a short-term rental in a transient accommodation zone prior to the zoning changes, and comply with strata regulations and operating requirements.

Rental Demand in Victoria

There are many hosts who are doing rental arbitrage in Canada as it does not require you to own a property. Based on a recent Victoria rent report, it has the highest annual rental growth of 27% next to Hamilton.

Source: Victoria BC Rental Demand

Property Investment in Victoria

If you are looking to start an Airbnb business in Canada, particularly in Victoria, you have to consider which areas are the most profitable. Whether it is located in the city centre or in the countryside, knowing your estimated annual revenue and high-return investment opportunities is important. Using an accurate short-term rental calculator, it shouldn’t be a difficult task at all!

Rental Properties in Victoria

Once you have decided to buy a property, you have to consider the average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. It could be a challenge to find rented properties in Victoria, so here are some of the most recommended areas that you can look into & consider purchasing:

Area	Average House Price	Average Rent Price (pcm)	Average Airbnb Revenue
Downtown	C$862,000	C$1,350	C$3,692
Fairfield	C$990,000	C$1,240	C$2,244
James Bay	C$1,074,000	C$1,850	C$3,264

Conclusion

Tags Airbnb Rules & Regulations, lat_48.4283182, lng_-123.3649533

Airbnb Rules All About Airbnb

Airbnb Rules in Edmonton

Post author By Robyn Peña
Post date August 24, 2022

Airbnb rules in Edmonton? Learn about the short-term rental policies in Edmonton in Canada for property investors and hosts!

Home > Resources > Airbnb Rules >

Airbnb rules in Edmonton? Learn about the short-term rental policies in Edmonton in Canada for property investors and hosts!

August 7, 2023

If you are looking to buy investment properties in Canada, knowing the Airbnb rules in your preferred city is the first step. It’s also important to consider the occupancy rates in Canada in order to have successful investment & long-term profitability! In this article, we featured Airbnb regulations in Edmonton along with short-term let policies, rental properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Edmonton.

Is Airbnb legal in Edmonton?

Don’t worry, Airbnb is legal in Edmonton! Known for its wonderous festivals, this city is abundant with urban green space and is home to North America’s largest shopping district.

Here is a little proof! As of August 2022, there are 21,084 nights available in Edmonton from Airbnb alone. John manages 42 listings, while Michael & Katrina and Patricia operates 28 and 25 respectively.

How much can I make by running an Airbnb in Edmonton?

Currently, there are 1,645 Airbnb listings in Edmonton, with 58% of entire houses earning up to C$1,612 a month. The Average Occupancy Rate in Edmonton is 53% and the average daily rate is C$66. According to vacation rental market data source Airbtics, a 2-bedroom apartment in Edmonton can make up to C$25,503 each year. Check out our Short-term Rental Calculator to know how much profit you can make with Airbnb!

Short-term Rental Policy in Edmonton

Hold a valid City of Edmonton business licence and include your valid business licence number on any advertisement for the rental property.
Comply with the approved Operational Plan submitted to the City as part of your business licence application. If the information in your approved Operational Plan changes, you must provide a new proposed Operational Plan to the City.
Do NOT allow your property to be used by guests to operate a business, unless the guest has a valid business licence authorizing the business activity.
Only rent up to two sleeping units, each of which can be occupied by a maximum of two persons, if you live in the same residence while guests are present. To rent more than two sleeping units, you must apply for a Major Home Based Business Development Permit prior to the issuance of your business licence.
A building permit may be required if there are changes to the physical floor plan of the property.

Rental Demand in Edmonton

Numerous hosts are doing rental arbitrage in Canada because it is not required to own a property. Based on recent Edmonton market statistics, the city of Edmonton has an increasing rental pressure and a 2.3% year-over-year increase!

Source: Edmonton Rental Demand

Property Investment in Edmonton

If you are looking to start an Airbnb business in Canada, particularly in Edmonton, you have to consider which areas are the most profitable. Whether it is located in the city centre or in the countryside, knowing your estimated annual revenue and high-return investment opportunities is important. Using an accurate short-term rental calculator, it shouldn’t be a difficult task at all!

Rental Properties in Edmonton

Once you have decided to buy a property, you have to consider the average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. It could be a challenge to find rented properties in Edmonton, so here are some of the most recommended areas that you can look into & consider purchasing:

Area	Average House Price	Average Rent Price (pcm)	Average Airbnb Revenue
Bonnie Doon	C$490,667	C$1,036	C$1,669
Garneau	C$303,950	C$1,263	C$1,625
Oliver	C$255,894	C$1,179	C$2,057

Conclusion

Unlock Worldwide
Short-Term Rental Data

Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data

Find unsaturated neighborhoods with the highest occupancy history.

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Tags Airbnb Rules & Regulations, lat_53.5462055, lng_-113.491241

Airbnb Rules All About Airbnb

Airbnb Rules in Toronto

Post author By Robyn Peña
Post date August 24, 2022

If you are looking to buy investment properties in Canada, knowing the Airbnb rules in your preferred city is the first step. It’s also important to consider the occupancy rates in Canada in order to have successful investment & long-term profitability! In this article, we featured Airbnb regulations in Toronto along with short-term let policies, rental properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Toronto.

Is Airbnb legal in Toronto?

Don’t worry, Airbnb is legal in Toronto! This city is home to beautiful museums and is known for its global competitiveness. It is also consistently ranked when it comes to cities with the best quality of life!

Here is a little proof! As of August 2022, there are 102,629 nights available in Toronto from Airbnb alone. Simply Comfort manages 55 listings, while Julie and Alec & Lily operates 42 and 39 respectively.

How much can I make by running an Airbnb in Toronto?

Currently, there are 8,456 Airbnb listings in Toronto, with 39% of entire houses earning up to C$3,834 a month. The Average Occupancy Rate in Toronto is 54% and the average daily rate is C$170. According to vacation rental market data source Airbtics, a 2-bedroom apartment in Toronto can make up to C$52,925 each year. Check out our Free Airbnb Calculator!

Short-term Rental Policy in Toronto

Short-term rental operators must register with the City in order to operate in Toronto.
It is required to collect and remit a four per cent (4%) Municipal Accommodation Tax (MAT) on all rentals.
Hosts will also need to provide the name and telephone number of an emergency contact person who will be available 24 hours a day during rental periods. The city of Toronto will also require that hosts keep all records of short-term rental activity which will need to be provided to the city upon request.
Under the new rules, Torontonians will only be able to host short-term rentals in their principal or primary residence, with homeowners and tenants both able to participate.
Hosts will also need to ensure that their property is located in a residential zone, or the residential component of mixed-use zones.
Hosts renting their entire home while they are away will only be able to rent their entire home for a maximum of 180 nights per year. While there is no limit of nights for renting private rooms, a host can only rent up to three bedrooms if they are renting multiple rooms in their residence.

Rental Demand in Toronto

There are many hosts who are doing rental arbitrage in Canada as it does not require you to own a property. Based on a recent Toronto rent report, Toronto experienced a 24% growth year over year!

Source: Toronto Rental Demand

Property Investment in Toronto

If you are looking to start an Airbnb business in Canada, particularly in Toronto, you have to consider which areas are the most profitable. Whether it is located in the city centre or in the countryside, knowing your estimated annual revenue and high-return investment opportunities is important. Using an accurate short-term rental calculator, it shouldn’t be a difficult task at all!

Rental Properties in Toronto

Once you have decided to buy a property, you have to consider the average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. It could be a challenge to find rented properties in Toronto, so here are some of the most recommended areas that you can look into & consider purchasing:

Area	Average House Price	Average Rent Price (pcm)	Average Airbnb Revenue
Liberty Village	C$725,000	C$1,695	C$2,847
King West	C$597,500	C$2,375	C$3,179
York Ville	C$726,990	C$2,400	C$3,084

Conclusion

Tags Airbnb Rules & Regulations, lat_43.6534817, lng_-79.3839347

Airbnb Rules All About Airbnb

Airbnb Rules in Montreal

Post author By Robyn Peña
Post date August 24, 2022

If you are looking to buy investment properties in Canada, knowing the Airbnb rules in your preferred city is the first step. It’s also important to consider other metrics like the occupancy rates in Canada and the most profitable places to own Airbnb in order to have successful investment & long-term profitability!

In this article, we featured Airbnb regulations in Montreal along with short-term let policies, rental properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Montreal.

Is Airbnb legal in Montreal?

Don’t worry, Airbnb is legal in Montreal! This city is home to many spectacular festivals and is considered a major industrial centre.

Here is a little proof! As of August 2022, there are 83,618 nights available in Montreal from Airbnb alone. Samuel manages 73 listings, while Louis and Corporate Stays operates 56 and 51 respectively.

How much can I make by running an Airbnb in Montreal?

Currently, there are 5,853 Airbnb listings in Montreal, with 62% of entire houses earning up to C$3,473 a month. The Average Occupancy Rate in Montreal is 57% and the average daily rate is C$170. According to short-term rental market data source Airbtics, a 2-bedroom apartment in Montreal can make up to C$52,078 each year. Check out our Airbnb Calculator to know how much profit can you make while doing short-term rentals!

Short-term Rental Policy in Montreal

To rent accommodations to tourists in Montréal for 31 days or fewer, you need an establishment number and a classification certificate issued by the Corporation de l’Industrie Touristique du Québec.
It is required to put your establishment number on any advertisement to rent your space, whether online or offline.
Contact your permits counter to find out if your home is in an authorized area. A commercial or professional activity occupancy permit can then be issued.
If you are renting out your primary residence, you are not required to get a certificate of classification, unless you wish to do so. Nevertheless, other restrictions may apply depending on your municipalities regulations.
In Montreal, short-term tourist rentals are regulated by boroughs. You will need to find out if you are authorized to operate a tourist home in your borough and what the regulations are based on the city’s webpage.

Rental Demand in Montreal

There are many hosts who are doing rental arbitrage in Canada as it does not require you to own a property. Based on a recent Montreal rent report, the average rent price has been a bit lower by $22 after 5 months of being stable this August of 2022.

Source: Montreal Rental Demand

Rental Properties in Montreal

Once you have decided to buy a property, you have to consider the average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. It could be a challenge to find rented properties in Montreal, so here are some of the most recommended areas that you can look into & consider purchasing:

Area	Average House Price	Average Rent Price (pcm)	Average Airbnb Revenue
Griffintown	C$298,000	C$1,400	C$2,026
The Old Port (Vieux-Montreal)	C$576,760	C$1,725	C$2,405
Rosemont-Petite Patrie	C$699,000	C$1,032	C$2,065

Conclusion

Tags Airbnb Rules & Regulations, lat_45.5031824, lng_-73.5698065

Airbnb Rules All About Airbnb

Airbnb Rules in Oxford

Post author By Robyn Peña
Post date August 1, 2022

If you are looking to buy investment properties in the UK, knowing the Airbnb rules in your preferred city is the first step! In this article, we featured Airbnb regulations in Oxford along with short-term let policies, buy to let properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Oxford!

Is Airbnb legal in Oxford?

Don’t worry, Airbnb is legal in Oxford! Also known as the City of Dreaming Spires, Oxford is home of England’s oldest university and is filled with iconic & historical monuments. This city boasts many delightful gardens, and fascinating museums along with many other places of interest.

Here is a little proof! There are rental property management companies in Oxford that vouch for the legality of Airbnb in the city. Penny & Sinclair manages 37 listings, while Short Let Space Holiday Cottages manages over 100 properties in and surrounding Oxford and Oxfordshire including the Cotswolds.

How much can I make by running an Airbnb in Oxford?

Currently, there are 858 Airbnb listings in Oxford, with 49% of entire houses earning up to £3,233 a month. The Average Occupancy Rate in Oxford is 58% and the average daily rate is £91. According to vacation holiday rental market data source Airbtics, a 2-bedroom apartment in Oxford can make up to £21,899 each year. Find out how much income can you make on Airbnb with our Free Calculator!

Short-term rental policy in Oxford

Required to apply for planning permission when there is a ‘material change’ in the use of a property through Oxford City Council
It is required to pay council tax in Oxford

Investment in Oxford

If you are looking to start an Airbnb business in the UK, particularly in Oxford, you have to consider which areas are the most profitable. Whether it is located in the city centre or in the countryside, knowing your estimated annual revenue and high-return investment opportunities is important. Using an accurate Airbnb calculator, it shouldn’t be a difficult task at all!

Before investing in a property in Oxford, you have to consider the major determinators for success. This includes average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. Here are the recent property prices in Oxford:

Source: Oxford Property

Area	Population	Average House Price	Average Rent Price (pcm)	Average Airbnb Revenue	Yield
City Centre	6,000	£675,221	£2,435	£3,884	4%
Cowley Road Area	3,800	£391,263	£1,760	£3,156	5%
Jericho	5,200	£523,000	£2,093	£3,418	3%

Property For Sale in Oxford

Buying a property in Oxford with an impressive rental yield is an excellent way to have a passive income. The average house price in Oxford ranges at £447,000.

Oxford is recognized for its thriving economic success with rising property prices. There are various high-growth companies with a total output of £21.9 billion, making Oxfordshire’s economy one of the strongest in the UK! By looking at the following property investment websites such as Zoopla and Knight Frank, you can get a grasp of the various prices and properties for sale in Oxford.

Conclusion

In my personal opinion, the biggest advantage of running a short-term rental is high return! I’ve talked to hundreds of Airbnb hosts over the past years and frequently met hosts making 15 – 30% gross rental yields, and 10-20% net. It’s also fun to do!

Tags Airbnb Rules & Regulations, lat_51.7520131, lng_-1.2578499

Airbnb Rules All About Airbnb

Airbnb Rules in Dorset

Post author By Robyn Peña
Post date August 1, 2022

If you are looking to buy investment properties in the UK, knowing the Airbnb rules in your preferred city is the first step! In this article, we featured Airbnb regulations in Dorset along with short-term let policies, buy to let properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Dorset!

Is Airbnb legal in Dorset?

Don’t worry, Airbnb is legal in Dorset! This city offers the best of both worlds, from relaxing places to spend a quiet day to activities full of adventure & excitement. Dorset is full of picturesque towns & cities and the best thing is that they all have something unique to offer!

Here is a little proof! As of May 2022, there are 46,624 nights available in Dorset from Airbnb alone. Lyme Bay Holidays manages 174 listings, Cottages,Com and Wyke Dorset Cottages operates 152 and 73 respectively.

How much can I make by running an Airbnb in Dorset?

Currently, there are 2,426 Airbnb listings in Dorset, with 78% of entire houses earning up to £3,153 a month. The Average Occupancy Rate in Dorset is 51% and the average daily rate is £224. According to vacation rental market data source Airbtics, a 2-bedroom apartment in Dorset can make up to £27,786 each year. Check out our Short-term rental Calculator to know how much can you make with Airbnb.

Short-term rental policy in Dorset

Required to pay for a commercial waste service in Dorset Council, including collection and disposal charges. This applies regardless of whether your properties are liable for business rates or council tax.
It is a legal requirement to have an EPC Energy Performance Certificates (EPC) for each property AND ensure that the properties reach at least an Energy Performance Certificate (EPC) rating of ‘E.

Property Investment in Dorset

Before investing in a property in Dorset, you have to consider the major determinators for success. This includes average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. Here are the recent property prices in Dorset:

Source: Dorset Property

Area	Population	Average House Price	Average Rent Price (pcm)	Average Airbnb Revenue	Yield
Bournemouth	183,500	£309,741	£1,358	£2,439	4,6%
Poole	470,000	£313,983	£1,461	£3,156	3,9%
Christchurch	50,500	£421,937	£1,535	£2,681	4.7% yields are possible in YO10 although a student let should earn more

Invest in Dorset

If you are looking to start an Airbnb business in the UK, particularly in Dorset, you have to consider which areas are the most profitable. Whether it is located in the city centre or in the countryside, knowing your estimated annual revenue and high-return investment opportunities is important. Using an accurate Airbnb calculator, it shouldn’t be a difficult task at all!

Rent to Buy in Dorset

Finding a rent to buy in Dorset with an impressive rental yield is an excellent way to have a passive income. Dorset also has an incredibly strong economy over the years! By looking at the following property investment websites such as Share to Buy & Rent Plus, you can get a grasp of the various prices in Dorset.

Conclusion

In my personal opinion, the biggest advantage of running a short-term rental is high return! I’ve talked to hundreds of Airbnb hosts over the past years and frequently met hosts making 15 – 30% gross rental yields, and 10-20% net. It’s also fun to do!

Tags Airbnb Rules & Regulations, lat_50.7968368, lng_-2.3447323

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Conclusion

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