Best Places in Ontario, Canada to Invest in Airbnbs, Short-Term Rentals in 2025

Last updated: March 31, 2025

Discover the most lucrative short-term rental markets in Ontario, Canada with AirROI's comprehensive investment guide. Whether you’re an experienced property investor or just starting your Airbnb journey, through detailed analysis of key metrics across premier global, our data-driven insights reveal where smart money is flowing in the short-term rental space. Using advanced market analytics and real performance data, we’ve identified investment hotspots that combine strong rental demand, favorable regulations, and optimal revenue potential.

Read on to explore the top-performing short-term rental markets that should be on every investor’s radar in 2025.

Top Short-Term Rental Cities in Ontario, Canada

Rank:#1Market:TorontoCountry:CanadaProperties:9,925Monthly Revenue:$1757.86Daily Rate:$146.49Occupancy:49.52%Regulation:High
Rank:#2Market:OttawaCountry:CanadaProperties:1,802Monthly Revenue:$1322.42Daily Rate:$105.17Occupancy:48.85%Regulation:High
Rank:#3Market:MississaugaCountry:CanadaProperties:1,545Monthly Revenue:$1210.36Daily Rate:$101.46Occupancy:46.84%Regulation:Moderate
Rank:#4Market:Niagara FallsCountry:CanadaProperties:1,088Monthly Revenue:$2006.91Daily Rate:$175.44Occupancy:42.17%Regulation:Low
Rank:#5Market:HamiltonCountry:CanadaProperties:935Monthly Revenue:$1323.89Daily Rate:$118.39Occupancy:45.79%Regulation:Low
Rank:#6Market:BramptonCountry:CanadaProperties:817Monthly Revenue:$920.05Daily Rate:$95.40Occupancy:42.41%Regulation:Low
Rank:#7Market:Richmond HillCountry:CanadaProperties:698Monthly Revenue:$1204.66Daily Rate:$112.63Occupancy:43.96%Regulation:Low
Rank:#8Market:LondonCountry:CanadaProperties:634Monthly Revenue:$1119.98Daily Rate:$88.96Occupancy:48.65%Regulation:Low
Rank:#9Market:The Blue MountainsCountry:CanadaProperties:612Monthly Revenue:$2776.97Daily Rate:$285.62Occupancy:35.64%Regulation:Low
Rank:#10Market:Kawartha LakesCountry:CanadaProperties:541Monthly Revenue:$2415.93Daily Rate:$280.38Occupancy:39.24%Regulation:Low
Rank:#11Market:KitchenerCountry:CanadaProperties:516Monthly Revenue:$1086.17Daily Rate:$87.25Occupancy:49.58%Regulation:Low
Rank:#12Market:WindsorCountry:CanadaProperties:429Monthly Revenue:$1237.46Daily Rate:$99.60Occupancy:48.66%Regulation:Low
Rank:#13Market:MarkhamCountry:CanadaProperties:413Monthly Revenue:$963.16Daily Rate:$85.82Occupancy:46.52%Regulation:Low
Rank:#14Market:Niagara-on-the-LakeCountry:CanadaProperties:413Monthly Revenue:$3357.53Daily Rate:$265.20Occupancy:43.85%Regulation:High
Rank:#15Market:Prince EdwardCountry:CanadaProperties:378Monthly Revenue:$2890.78Daily Rate:$311.75Occupancy:43.01%Regulation:High
Rank:#16Market:Muskoka Lakes TownshipCountry:CanadaProperties:376Monthly Revenue:$3059.56Daily Rate:$435.47Occupancy:38.17%Regulation:Low
Rank:#17Market:Lambton ShoresCountry:CanadaProperties:372Monthly Revenue:$2308.65Daily Rate:$261.17Occupancy:39.67%Regulation:Moderate
Rank:#18Market:OakvilleCountry:CanadaProperties:365Monthly Revenue:$1423.14Daily Rate:$128.00Occupancy:46.56%Regulation:Low
Rank:#19Market:Wasaga BeachCountry:CanadaProperties:348Monthly Revenue:$1435.50Daily Rate:$217.10Occupancy:35.08%Regulation:Low
Rank:#20Market:InnisfilCountry:CanadaProperties:341Monthly Revenue:$2052.82Daily Rate:$211.74Occupancy:39.65%Regulation:Low
Rank:#21Market:Municipality of Northern Bruce PeninsulaCountry:CanadaProperties:340Monthly Revenue:$2334.40Daily Rate:$228.26Occupancy:46.77%Regulation:Moderate
Rank:#22Market:WaterlooCountry:CanadaProperties:320Monthly Revenue:$879.59Daily Rate:$86.44Occupancy:45.14%Regulation:Low
Rank:#23Market:VaughanCountry:CanadaProperties:310Monthly Revenue:$1131.90Daily Rate:$110.43Occupancy:44.34%Regulation:High
Rank:#24Market:KingstonCountry:CanadaProperties:308Monthly Revenue:$1858.72Daily Rate:$140.46Occupancy:52.41%Regulation:High
Rank:#25Market:HuntsvilleCountry:CanadaProperties:305Monthly Revenue:$2977.96Daily Rate:$273.77Occupancy:42.96%Regulation:Moderate
Rank:#26Market:Port ColborneCountry:CanadaProperties:305Monthly Revenue:$1605.15Daily Rate:$235.85Occupancy:41.19%Regulation:Low
Rank:#27Market:BarrieCountry:CanadaProperties:299Monthly Revenue:$1296.74Daily Rate:$120.57Occupancy:42.59%Regulation:Low
Rank:#28Market:Greater SudburyCountry:CanadaProperties:285Monthly Revenue:$1386.14Daily Rate:$115.92Occupancy:50.64%Regulation:Low
Rank:#29Market:Thunder BayCountry:CanadaProperties:271Monthly Revenue:$1305.94Daily Rate:$91.14Occupancy:55.99%Regulation:Low
Rank:#30Market:Dysart et alCountry:CanadaProperties:264Monthly Revenue:$3045.67Daily Rate:$310.03Occupancy:41.67%Regulation:Low

Our Methodology

At AirROI, we leverage advanced technology to process and analyze the world’s most comprehensive short-term rental dataset, helping investors make data-driven decisions.

Data Collection

  • Real-time data aggregation from tens of millions of listings globally
  • Comprehensive tracking of market-specific performance metrics
  • Local regulatory tracking

Data Processing

  • AI-powered analysis of booking patterns
  • Advanced machine learning for trend identification
  • Forward-looking market forecasting
  • Cross-market performance benchmarking

Key Metrics We Track

  • Occupancy rates and seasonal patterns
  • Revenue performance (ADR, RevPAR)
  • Market demand indicators
  • Investment metrics (ROI, operating costs)
  • Regulatory compliance requirements

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Discover Market Insights

All Markets in Ontario, Canada

(Old) OttawaAddington HighlandsAdjala–TosorontioAjaxAlfred and PlantagenetAlgonquin HighlandsAlnwick/HaldimandAmherstburgArmour TownshipAshfield–Colborne–WawanoshAsphodel-NorwoodAssiginack TownshipAugustaAuroraBancroftBarrieBayhamBellevilleBlenheimBloomfieldBluewaterBonfield TownshipBonnechere ValleyBracebridgeBradford West GwillimburyBramptonBrantfordBrightonBrockBrockvilleBrudenell, Lyndoch and RaglanBurlingtonCaledonCallanderCambridgeCarleton PlaceCarling TownshipCarlow/MayoCarrying PlaceCavan-MonaghanCentral ElginCentral FrontenacCentral HuronCentral ManitoulinCentre HastingsCentre WellingtonChamplainChathamChatham-KentChatsworthChief's PointClarence-RocklandClaringtonClearviewCobourgCollingwoodConseconCornwallCramaheDistrict Municipality of MuskokaDouro-DummerDrummond-North ElmsleyDunnvilleDysart et alEast GwillimburyElliot LakeErinEssaFaradayFort ErieFrench RiverFrontenac IslandsGananoqueGeorgetownGeorgian Bay TownshipGeorgian BluffsGeorginaGoderichGravenhurstGreater MadawaskaGreater NapaneeGreater SudburyGreenstoneGrey HighlandsGrimsbyGuelphGuelph/EramosaHamiltonHamilton TownshipHastings HighlandsHavelock-Belmont-MethuenHighlands EastHuntsvilleHuron-KinlossIngersollInnisfilKawartha LakesKearneyKenoraKillaloe, Hagarty and RichardsKincardineKingKingstonKingsvilleKitchenerLake of Bays TownshipLakeshoreLambton ShoresLanark HighlandsLasalleLeamingtonLeeds and the Thousand IslandsLincolnLion's HeadLondonLowbanksLoyalistMachar TownshipMadawaska ValleyMagnetawanMarkhamMarmora and LakeMcKellar TownshipMcMurrich/Monteith TownshipMeafordMiddlesex CentreMidlandMiltonMinden HillsMississaugaMississippi MillsMonoMorpethMulmurMunicipality of Northern Bruce PeninsulaMuskoka Lakes TownshipNew TecumsethNewmarketNiagara FallsNiagara-on-the-LakeNipissing TownshipNorth Algona WilberforceNorth BayNorth FrontenacNorth GrenvilleNorth HuronNorth KawarthaNorth MiddlesexNortheastern Manitoulin and the IslandsOakvilleOrangevilleOrilliaOro-MedonteOshawaOtonabee–South MonaghanOttawaOwen SoundParisParry SoundPelee IslandPelhamPenetanguishenePerry TownshipPerthPeterboroughPickeringPictonPlympton-WyomingPort ColbornePort DoverPort ElginPort HopePort RowanPrince EdwardPuslinchQuinte WestRamara TownshipRichmond HillRideau LakesRyerson TownshipSarniaSauble BeachSault Ste. MarieScugogSeguin TownshipSelkirkSelwynSevernShuniahSimcoeSioux LookoutSioux Narrows-Nestor Falls TownshipSouth Algonquin TownshipSouth Bruce PeninsulaSouth FrontenacSouth GlengarrySouthamptonSouthgateSpringwaterSt. CatharinesSt. ClairSt. ThomasStone MillsStratfordStrong TownshipTayTay ValleyTemagamiTemiskaming ShoresThe Archipelago TownshipThe Blue MountainsThe NationThe North Shore TownshipThoroldThunder BayTimminsTinyTobermoryTorontoTown of EssexTrent HillsTrent LakesTudor and CashelTurkey PointTweedUnorganized Centre Parry SoundUnorganized Kenora DistrictUnorganized North AlgomaUnorganized North SudburyUnorganized Thunder Bay DistrictUnorganized West TimiskamingUxbridgeVaughanVittoriaWainfleetWasaga BeachWaterlooWawaWellandWellingtonWest GreyWest NipissingWheatleyWhitbyWhitchurch-StouffvilleWhitestoneWhitewater RegionWiartonWindsorWollastonWoodstockWoolwich