Last updated on May 24th, 2024
Best Places to Buy an Airbnb in Canada
Last updated on: 12th May, 2024
Canada
We have gathered up all the important short-term rental indicators for you, so you don’t have to spend hours.
These are the 15 best places to start an Airbnb in Canada, with an average host revenue of $2.46K+/month. A typical listing is booked for 249 nights a year.
Our Methodologies Data explanations … Read More
Occupancy Rate: It tells how often was a typical active property occupied over the last 12 months? The formula is “number_of_booked_days / number_of_available_days”.
Average Daily Rate: How much did hosts in this market charge per day over the last 12 months? This does not include cleaning fees.
Revenue: What’s the median revenue a property in this market generated over the last 12 months? This Revenue figure represents the median over the past 12 months and does not include taxes, service fees, or additional guest fees.
Number of listings: It is the total active listings over the past 12 months.
How do we collect the data?
Airbtics’ primary data source is attained through a web scraping software that directly takes data points from Airbnb. We also have secondary data sources from Airbnb hosts via iCal or vacation rental managers.
Airbtics’ primary data source is attained through a web scraping software that directly takes data points from Airbnb. We also have secondary data sources from Airbnb hosts via iCal or vacation rental managers.
How accurate is the data?
Airbtics is dedicated to providing the most accurate data available in the market. Through the application of data science and machine learning algorithms, we train our various classifiers to consistently improve our data’s accuracy.
Airbtics is dedicated to providing the most accurate data available in the market. Through the application of data science and machine learning algorithms, we train our various classifiers to consistently improve our data’s accuracy.
In addition to this, we make predictions based on Airbnb’s total revenue and it is 97% correlated with Airbnb’s official statement.
Top Airbnb markets in Canada
Victoria, British Columbia
Victoria, British Columbia, Canada is a charming city with a mix of historic architecture, beautiful gardens, and a vibrant arts scene. Visitors can explore landmarks like the British Columbia Parliament Buildings, enjoy afternoon tea at the Fairmont Empress Hotel, and stroll through the picturesque Butchart Gardens.- Airbnb Occupancy Rate: 77%
- Average Daily Rate: CA$115
- Annual Revenue: CA$33,448
- Total Listings: 1,143
Vancouver, BC
Vancouver, BC, Canada is a vibrant city nestled between the Pacific Ocean and the Coast Mountains, offering a perfect blend of urban sophistication and natural beauty. Tourists can explore Stanley Park, Granville Island, and Grouse Mountain for breathtaking views, outdoor adventures, and diverse cultural experiences.- Airbnb Occupancy Rate: 78%
- Average Daily Rate: CA$125
- Annual Revenue: CA$35,408
- Total Listings: 5,727
Quebec City, QC
Quebec City, QC, Canada is a charming historic city with a European flair, known for its stunning architecture, cobblestone streets, and vibrant cultural scene. Visitors can explore iconic landmarks like the Fairmont Le Chateau Frontenac, indulge in French cuisine, and experience the rich history of the only walled city north of Mexico.- Airbnb Occupancy Rate: 70%
- Average Daily Rate: CA$130
- Annual Revenue: CA$33,409
- Total Listings: 1,511
Toronto, Ontario
Toronto, Ontario, Canada is a vibrant city known for its diverse culture, world-class attractions, and bustling city life. Tourists can explore iconic landmarks such as the CN Tower, Royal Ontario Museum, and enjoy a variety of culinary experiences in the numerous restaurants and markets scattered throughout the city.- Airbnb Occupancy Rate: 72%
- Average Daily Rate: CA$96
- Annual Revenue: CA$25,138
- Total Listings: 17,003
Whistler, BC
Whistler, BC, Canada is a world-renowned ski resort town nestled in the mountains, offering top-notch skiing and snowboarding opportunities during the winter months. In the summer, visitors can enjoy hiking, mountain biking, and sightseeing while taking in the breathtaking beauty of the surrounding landscapes.- Airbnb Occupancy Rate: 64%
- Average Daily Rate: CA$230
- Annual Revenue: CA$54,062
- Total Listings: 3,220
All Profitable Airbnb Markets to Invest in Canada
