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

Last updated: January 31, 2025

Discover the most lucrative short-term rental markets in 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 2024.

Explore Live Data

Top Short-Term Rental Cities in Canada

Rank:#1Market:TorontoCountry:CanadaProperties:9,712Monthly Revenue:$1840.54Daily Rate:$147.98Occupancy:49.57%Regulation:High
Rank:#2Market:MontrealCountry:CanadaProperties:5,873Monthly Revenue:$2276.98Daily Rate:$160.22Occupancy:51.96%Regulation:High
Rank:#3Market:CalgaryCountry:CanadaProperties:3,957Monthly Revenue:$1673.75Daily Rate:$119.71Occupancy:53.21%Regulation:High
Rank:#4Market:VancouverCountry:CanadaProperties:3,731Monthly Revenue:$2858.76Daily Rate:$190.65Occupancy:57.51%Regulation:High
Rank:#5Market:Whistler Resort MunicipalityCountry:CanadaProperties:2,389Monthly Revenue:$3584.34Daily Rate:$342.53Occupancy:42.23%Regulation:High
Rank:#6Market:EdmontonCountry:CanadaProperties:2,337Monthly Revenue:$1272.88Daily Rate:$87.11Occupancy:53.04%Regulation:High
Rank:#7Market:OttawaCountry:CanadaProperties:1,786Monthly Revenue:$1426.77Daily Rate:$108.17Occupancy:49.31%Regulation:High
Rank:#8Market:QuebecCountry:CanadaProperties:1,700Monthly Revenue:$2322.43Daily Rate:$156.46Occupancy:52.04%Regulation:High
Rank:#9Market:CanmoreCountry:CanadaProperties:1,622Monthly Revenue:$5686.89Daily Rate:$305.41Occupancy:59.95%Regulation:Low
Rank:#10Market:MississaugaCountry:CanadaProperties:1,579Monthly Revenue:$1304.99Daily Rate:$103.63Occupancy:47.46%Regulation:Moderate
Rank:#11Market:Niagara FallsCountry:CanadaProperties:1,106Monthly Revenue:$2176.32Daily Rate:$181.66Occupancy:42.57%Regulation:Low
Rank:#12Market:SurreyCountry:CanadaProperties:1,034Monthly Revenue:$1513.45Daily Rate:$123.10Occupancy:46.60%Regulation:Low
Rank:#13Market:Mont-TremblantCountry:CanadaProperties:1,019Monthly Revenue:$2714.04Daily Rate:$255.08Occupancy:38.75%Regulation:High
Rank:#14Market:WinnipegCountry:CanadaProperties:1,005Monthly Revenue:$1235.25Daily Rate:$88.80Occupancy:52.41%Regulation:High
Rank:#15Market:HamiltonCountry:CanadaProperties:916Monthly Revenue:$1449.28Daily Rate:$121.28Occupancy:46.55%Regulation:Low
Rank:#16Market:BramptonCountry:CanadaProperties:834Monthly Revenue:$986.76Daily Rate:$95.89Occupancy:42.32%Regulation:Low
Rank:#17Market:HalifaxCountry:CanadaProperties:804Monthly Revenue:$1927.34Daily Rate:$137.70Occupancy:55.47%Regulation:High
Rank:#18Market:RichmondCountry:CanadaProperties:743Monthly Revenue:$1231.98Daily Rate:$125.98Occupancy:43.01%Regulation:High
Rank:#19Market:Richmond HillCountry:CanadaProperties:701Monthly Revenue:$1284.12Daily Rate:$114.82Occupancy:44.21%Regulation:Low
Rank:#20Market:KelownaCountry:CanadaProperties:696Monthly Revenue:$1949.16Daily Rate:$214.34Occupancy:45.41%Regulation:High
Rank:#21Market:Saint John'sCountry:CanadaProperties:668Monthly Revenue:$1868.73Daily Rate:$142.15Occupancy:53.51%Regulation:High
Rank:#22Market:LondonCountry:CanadaProperties:642Monthly Revenue:$1149.22Daily Rate:$89.37Occupancy:48.87%Regulation:Low
Rank:#23Market:The Blue MountainsCountry:CanadaProperties:628Monthly Revenue:$2877.59Daily Rate:$288.86Occupancy:35.33%Regulation:Low
Rank:#24Market:VictoriaCountry:CanadaProperties:579Monthly Revenue:$1236.43Daily Rate:$135.46Occupancy:48.48%Regulation:High
Rank:#25Market:Kawartha LakesCountry:CanadaProperties:556Monthly Revenue:$2490.11Daily Rate:$283.70Occupancy:38.66%Regulation:Low
Rank:#26Market:GatineauCountry:CanadaProperties:546Monthly Revenue:$949.77Daily Rate:$77.57Occupancy:46.89%Regulation:High
Rank:#27Market:SaskatoonCountry:CanadaProperties:544Monthly Revenue:$1187.18Daily Rate:$76.60Occupancy:57.02%Regulation:Low
Rank:#28Market:District of North VancouverCountry:CanadaProperties:519Monthly Revenue:$2127.99Daily Rate:$170.62Occupancy:53.93%Regulation:Low
Rank:#29Market:KitchenerCountry:CanadaProperties:514Monthly Revenue:$1133.70Daily Rate:$87.74Occupancy:48.90%Regulation:Low
Rank:#30Market:SaanichCountry:CanadaProperties:486Monthly Revenue:$1778.52Daily Rate:$131.02Occupancy:55.68%Regulation:Low
Rank:#31Market:BurnabyCountry:CanadaProperties:467Monthly Revenue:$1350.38Daily Rate:$124.09Occupancy:49.15%Regulation:High
Rank:#32Market:Area A (Kicking Horse/Kinbasket Lake)Country:CanadaProperties:458Monthly Revenue:$3457.26Daily Rate:$244.94Occupancy:52.11%Regulation:Low
Rank:#33Market:NanaimoCountry:CanadaProperties:445Monthly Revenue:$1567.12Daily Rate:$126.14Occupancy:52.36%Regulation:High
Rank:#34Market:Area E (Beaverdell/West Boundary)Country:CanadaProperties:442Monthly Revenue:$2006.94Daily Rate:$297.38Occupancy:37.29%Regulation:Low
Rank:#35Market:Niagara-on-the-LakeCountry:CanadaProperties:423Monthly Revenue:$3535.81Daily Rate:$270.29Occupancy:44.02%Regulation:High
Rank:#36Market:MarkhamCountry:CanadaProperties:418Monthly Revenue:$1023.12Daily Rate:$87.41Occupancy:46.76%Regulation:Low
Rank:#37Market:WindsorCountry:CanadaProperties:418Monthly Revenue:$1368.10Daily Rate:$104.20Occupancy:49.95%Regulation:Low
Rank:#38Market:Petite-Rivière-Saint-FrançoisCountry:CanadaProperties:418Monthly Revenue:$2493.33Daily Rate:$281.84Occupancy:34.26%Regulation:High
Rank:#39Market:Area F (Columbia Lake/Windermere Lake)Country:CanadaProperties:417Monthly Revenue:$2635.84Daily Rate:$229.37Occupancy:43.67%Regulation:Low
Rank:#40Market:Muskoka Lakes TownshipCountry:CanadaProperties:405Monthly Revenue:$3089.43Daily Rate:$447.42Occupancy:37.69%Regulation:Low
Rank:#41Market:Prince EdwardCountry:CanadaProperties:401Monthly Revenue:$2933.46Daily Rate:$311.52Occupancy:42.18%Regulation:High
Rank:#42Market:LongueuilCountry:CanadaProperties:395Monthly Revenue:$1658.98Daily Rate:$121.07Occupancy:51.38%Regulation:High
Rank:#43Market:Lambton ShoresCountry:CanadaProperties:376Monthly Revenue:$2361.98Daily Rate:$267.56Occupancy:39.22%Regulation:Moderate
Rank:#44Market:MonctonCountry:CanadaProperties:362Monthly Revenue:$1319.26Daily Rate:$111.86Occupancy:47.52%Regulation:Low
Rank:#45Market:ReginaCountry:CanadaProperties:361Monthly Revenue:$1087.15Daily Rate:$79.45Occupancy:51.59%Regulation:High
Rank:#46Market:Township of LangleyCountry:CanadaProperties:359Monthly Revenue:$1754.69Daily Rate:$148.23Occupancy:50.63%Regulation:Low
Rank:#47Market:Wasaga BeachCountry:CanadaProperties:359Monthly Revenue:$1540.41Daily Rate:$223.96Occupancy:34.55%Regulation:Low
Rank:#48Market:North VancouverCountry:CanadaProperties:358Monthly Revenue:$2143.53Daily Rate:$140.10Occupancy:58.81%Regulation:Low
Rank:#49Market:OakvilleCountry:CanadaProperties:354Monthly Revenue:$1518.07Daily Rate:$128.85Occupancy:46.57%Regulation:Low
Rank:#50Market:West KelownaCountry:CanadaProperties:351Monthly Revenue:$2477.43Daily Rate:$253.53Occupancy:47.04%Regulation:High
Rank:#51Market:TofinoCountry:CanadaProperties:346Monthly Revenue:$4950.14Daily Rate:$282.01Occupancy:57.10%Regulation:High
Rank:#52Market:InnisfilCountry:CanadaProperties:344Monthly Revenue:$2310.53Daily Rate:$217.04Occupancy:40.41%Regulation:Low
Rank:#53Market:UclueletCountry:CanadaProperties:343Monthly Revenue:$3496.97Daily Rate:$235.69Occupancy:51.15%Regulation:High
Rank:#54Market:Municipality of Northern Bruce PeninsulaCountry:CanadaProperties:343Monthly Revenue:$2406.73Daily Rate:$235.41Occupancy:46.12%Regulation:Moderate
Rank:#55Market:Sun Peaks Mountain Resort MunicipalityCountry:CanadaProperties:334Monthly Revenue:$2079.69Daily Rate:$266.53Occupancy:35.00%Regulation:High
Rank:#56Market:PentictonCountry:CanadaProperties:329Monthly Revenue:$1974.31Daily Rate:$207.72Occupancy:47.04%Regulation:High
Rank:#57Market:Port ColborneCountry:CanadaProperties:329Monthly Revenue:$1741.53Daily Rate:$247.45Occupancy:40.26%Regulation:Low
Rank:#58Market:HuntsvilleCountry:CanadaProperties:324Monthly Revenue:$2991.56Daily Rate:$276.14Occupancy:41.88%Regulation:Moderate
Rank:#59Market:WaterlooCountry:CanadaProperties:322Monthly Revenue:$918.10Daily Rate:$85.84Occupancy:46.14%Regulation:Low
Rank:#60Market:KingstonCountry:CanadaProperties:316Monthly Revenue:$1949.30Daily Rate:$141.45Occupancy:52.50%Regulation:High
Rank:#61Market:CharlottetownCountry:CanadaProperties:311Monthly Revenue:$1894.96Daily Rate:$173.19Occupancy:51.23%Regulation:Moderate
Rank:#62Market:VaughanCountry:CanadaProperties:304Monthly Revenue:$1237.10Daily Rate:$116.29Occupancy:45.07%Regulation:High
Rank:#63Market:Juan de Fuca Electoral AreaCountry:CanadaProperties:303Monthly Revenue:$3182.64Daily Rate:$234.23Occupancy:49.09%Regulation:Low
Rank:#64Market:BarrieCountry:CanadaProperties:302Monthly Revenue:$1465.00Daily Rate:$127.19Occupancy:43.67%Regulation:Low
Rank:#65Market:Salt Spring Island Electoral AreaCountry:CanadaProperties:294Monthly Revenue:$1905.75Daily Rate:$170.11Occupancy:47.75%Regulation:Low
Rank:#66Market:Dysart et alCountry:CanadaProperties:292Monthly Revenue:$2953.87Daily Rate:$310.83Occupancy:39.02%Regulation:Low
Rank:#67Market:West VancouverCountry:CanadaProperties:287Monthly Revenue:$3089.67Daily Rate:$267.20Occupancy:49.41%Regulation:Low
Rank:#68Market:Greater SudburyCountry:CanadaProperties:286Monthly Revenue:$1482.57Daily Rate:$117.11Occupancy:51.27%Regulation:Low
Rank:#69Market:CoquitlamCountry:CanadaProperties:283Monthly Revenue:$1320.38Daily Rate:$102.27Occupancy:50.99%Regulation:High
Rank:#70Market:RevelstokeCountry:CanadaProperties:275Monthly Revenue:$2795.75Daily Rate:$242.42Occupancy:45.87%Regulation:High
Rank:#71Market:LangfordCountry:CanadaProperties:268Monthly Revenue:$2070.99Daily Rate:$149.95Occupancy:53.32%Regulation:Low
Rank:#72Market:Thunder BayCountry:CanadaProperties:268Monthly Revenue:$1352.93Daily Rate:$91.53Occupancy:55.43%Regulation:Low
Rank:#73Market:KamloopsCountry:CanadaProperties:252Monthly Revenue:$1448.64Daily Rate:$103.36Occupancy:54.24%Regulation:Low
Rank:#74Market:St. CatharinesCountry:CanadaProperties:251Monthly Revenue:$2041.35Daily Rate:$157.52Occupancy:45.35%Regulation:Low
Rank:#75Market:Lac-SupérieurCountry:CanadaProperties:250Monthly Revenue:$2886.72Daily Rate:$269.98Occupancy:38.97%Regulation:High
Rank:#76Market:Area A (Upper Flathead/Elk Valley)Country:CanadaProperties:247Monthly Revenue:$2293.33Daily Rate:$271.70Occupancy:39.28%Regulation:Low
Rank:#77Market:BurlingtonCountry:CanadaProperties:247Monthly Revenue:$1583.90Daily Rate:$137.35Occupancy:49.54%Regulation:Low
Rank:#78Market:AbbotsfordCountry:CanadaProperties:244Monthly Revenue:$1554.34Daily Rate:$117.05Occupancy:48.86%Regulation:Low
Rank:#79Market:Area C (Silver Star)Country:CanadaProperties:241Monthly Revenue:$1902.97Daily Rate:$306.60Occupancy:38.80%Regulation:Low
Rank:#80Market:Saint-CômeCountry:CanadaProperties:237Monthly Revenue:$2952.95Daily Rate:$219.88Occupancy:42.29%Regulation:High
Rank:#81Market:PictonCountry:CanadaProperties:236Monthly Revenue:$2446.77Daily Rate:$237.03Occupancy:43.08%Regulation:High
Rank:#82Market:Laval (administrative region)Country:CanadaProperties:235Monthly Revenue:$1342.85Daily Rate:$103.69Occupancy:49.60%Regulation:High
Rank:#83Market:Saint JohnCountry:CanadaProperties:231Monthly Revenue:$1270.34Daily Rate:$93.17Occupancy:51.12%Regulation:Low
Rank:#84Market:Oro-MedonteCountry:CanadaProperties:231Monthly Revenue:$1931.87Daily Rate:$187.20Occupancy:41.48%Regulation:Low
Rank:#85Market:GravenhurstCountry:CanadaProperties:228Monthly Revenue:$2865.97Daily Rate:$313.96Occupancy:41.15%Regulation:Low
Rank:#86Market:DeltaCountry:CanadaProperties:226Monthly Revenue:$1508.35Daily Rate:$123.50Occupancy:49.91%Regulation:Low
Rank:#87Market:Fort ErieCountry:CanadaProperties:226Monthly Revenue:$2463.29Daily Rate:$229.51Occupancy:40.87%Regulation:Moderate
Rank:#88Market:SquamishCountry:CanadaProperties:225Monthly Revenue:$2888.70Daily Rate:$210.08Occupancy:54.84%Regulation:High
Rank:#89Market:ChertseyCountry:CanadaProperties:225Monthly Revenue:$2710.33Daily Rate:$211.02Occupancy:43.15%Regulation:High
Rank:#90Market:WhitehorseCountry:CanadaProperties:225Monthly Revenue:$2021.35Daily Rate:$151.01Occupancy:52.87%Regulation:Low
Rank:#91Market:Area C (Puntledge/Black Creek)Country:CanadaProperties:224Monthly Revenue:$2303.36Daily Rate:$204.02Occupancy:47.80%Regulation:Low
Rank:#92Market:CollingwoodCountry:CanadaProperties:224Monthly Revenue:$1709.62Daily Rate:$174.28Occupancy:40.01%Regulation:Low
Rank:#93Market:Grande PrairieCountry:CanadaProperties:223Monthly Revenue:$1088.17Daily Rate:$85.36Occupancy:51.16%Regulation:Low
Rank:#94Market:FernieCountry:CanadaProperties:223Monthly Revenue:$2107.67Daily Rate:$176.21Occupancy:49.11%Regulation:High
Rank:#95Market:VernonCountry:CanadaProperties:222Monthly Revenue:$1670.36Daily Rate:$147.76Occupancy:50.45%Regulation:Low
Rank:#96Market:MiltonCountry:CanadaProperties:220Monthly Revenue:$1427.84Daily Rate:$129.88Occupancy:45.51%Regulation:Low
Rank:#97Market:ChilliwackCountry:CanadaProperties:219Monthly Revenue:$2016.70Daily Rate:$146.76Occupancy:48.06%Regulation:High
Rank:#98Market:BracebridgeCountry:CanadaProperties:218Monthly Revenue:$2952.23Daily Rate:$329.70Occupancy:39.74%Regulation:Low
Rank:#99Market:BeaupréCountry:CanadaProperties:217Monthly Revenue:$1541.42Daily Rate:$157.74Occupancy:37.35%Regulation:High
Rank:#100Market:InvermereCountry:CanadaProperties:215Monthly Revenue:$2609.62Daily Rate:$200.25Occupancy:48.13%Regulation:Moderate

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

How is your STR performing?

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