Top 100 Best Places in Canada to Invest in Airbnb & Short-Term Rentals (2025)

Source: AirROI

Last updated: 2025-06-01

Unlock high-ROI opportunities in Canada‘s booming short-term rental (STR) market. This 2025 Airbnb investment guide from AirROI leverages cutting-edge Airbnb data analytics to pinpoint the most profitable cities for Airbnb and vacation rental entrepreneurs. Whether you’re scaling your portfolio or making your first STR investment, discover markets with strong rental demand, high revenue potential, and favorable regulations. We are committed to providing trustworthy insights based on comprehensive market analysis, and you can learn more about our rigorous approach to data accuracy.

Our STR market analysis dives deep into key performance indicators like monthly revenue, average daily rates (ADR), occupancy trends, property counts, and regulatory landscapes across Canada. We go beyond simple rankings to provide the context you need for informed investment decisions using reliable Airbnb data.

Explore the data-driven insights below to identify the premier short-term rental investment hotspots and high ROI Airbnb markets in Canada for 2025.

Explore Live Market Data

Top Short-Term Rental Markets in Canada

Rank:#1Market:TorontoCountry:CanadaProperties:11,231Monthly Revenue:$1382.08Daily Rate (ADR):$146.14Occupancy:46.68%Regulation:High
Rank:#2Market:MontrealCountry:CanadaProperties:6,987Monthly Revenue:$1596.42Daily Rate (ADR):$145.23Occupancy:48.32%Regulation:High
Rank:#3Market:CalgaryCountry:CanadaProperties:4,223Monthly Revenue:$1175.38Daily Rate (ADR):$113.66Occupancy:49.89%Regulation:High
Rank:#4Market:VancouverCountry:CanadaProperties:4,134Monthly Revenue:$2145.58Daily Rate (ADR):$183.82Occupancy:54.13%Regulation:High
Rank:#5Market:EdmontonCountry:CanadaProperties:2,618Monthly Revenue:$947.23Daily Rate (ADR):$85.84Occupancy:49.74%Regulation:High
Rank:#6Market:Whistler Resort MunicipalityCountry:CanadaProperties:2,281Monthly Revenue:$4005.10Daily Rate (ADR):$371.28Occupancy:43.20%Regulation:High
Rank:#7Market:OttawaCountry:CanadaProperties:1,948Monthly Revenue:$1065.60Daily Rate (ADR):$105.08Occupancy:46.94%Regulation:High
Rank:#8Market:QuebecCountry:CanadaProperties:1,882Monthly Revenue:$1862.92Daily Rate (ADR):$148.90Occupancy:49.51%Regulation:High
Rank:#9Market:MississaugaCountry:CanadaProperties:1,743Monthly Revenue:$886.91Daily Rate (ADR):$101.04Occupancy:43.95%Regulation:Moderate
Rank:#10Market:CanmoreCountry:CanadaProperties:1,694Monthly Revenue:$4752.83Daily Rate (ADR):$282.80Occupancy:59.54%Regulation:Low
Rank:#11Market:SurreyCountry:CanadaProperties:1,184Monthly Revenue:$1014.66Daily Rate (ADR):$118.69Occupancy:42.57%Regulation:Low
Rank:#12Market:Niagara FallsCountry:CanadaProperties:1,161Monthly Revenue:$1547.72Daily Rate (ADR):$174.47Occupancy:39.62%Regulation:Low
Rank:#13Market:WinnipegCountry:CanadaProperties:1,104Monthly Revenue:$920.48Daily Rate (ADR):$89.07Occupancy:47.93%Regulation:High
Rank:#14Market:Mont-TremblantCountry:CanadaProperties:1,042Monthly Revenue:$2641.16Daily Rate (ADR):$272.97Occupancy:38.92%Regulation:High
Rank:#15Market:HamiltonCountry:CanadaProperties:1,016Monthly Revenue:$1021.15Daily Rate (ADR):$118.65Occupancy:43.10%Regulation:Low
Rank:#16Market:BramptonCountry:CanadaProperties:936Monthly Revenue:$632.88Daily Rate (ADR):$95.08Occupancy:38.08%Regulation:Low
Rank:#17Market:RichmondCountry:CanadaProperties:850Monthly Revenue:$904.87Daily Rate (ADR):$123.49Occupancy:39.81%Regulation:High
Rank:#18Market:Richmond HillCountry:CanadaProperties:818Monthly Revenue:$899.74Daily Rate (ADR):$114.99Occupancy:40.41%Regulation:Low
Rank:#19Market:HalifaxCountry:CanadaProperties:796Monthly Revenue:$1577.29Daily Rate (ADR):$135.83Occupancy:53.76%Regulation:High
Rank:#20Market:LondonCountry:CanadaProperties:719Monthly Revenue:$878.14Daily Rate (ADR):$88.64Occupancy:45.54%Regulation:Low
Rank:#21Market:KelownaCountry:CanadaProperties:699Monthly Revenue:$1630.02Daily Rate (ADR):$216.61Occupancy:44.60%Regulation:High
Rank:#22Market:The Blue MountainsCountry:CanadaProperties:645Monthly Revenue:$2568.94Daily Rate (ADR):$296.96Occupancy:35.03%Regulation:Low
Rank:#23Market:Saint John'sCountry:CanadaProperties:628Monthly Revenue:$1477.72Daily Rate (ADR):$136.94Occupancy:53.53%Regulation:High
Rank:#24Market:SaskatoonCountry:CanadaProperties:597Monthly Revenue:$952.98Daily Rate (ADR):$76.26Occupancy:54.71%Regulation:Low
Rank:#25Market:GatineauCountry:CanadaProperties:585Monthly Revenue:$791.04Daily Rate (ADR):$75.61Occupancy:46.45%Regulation:High
Rank:#26Market:KitchenerCountry:CanadaProperties:573Monthly Revenue:$854.40Daily Rate (ADR):$86.63Occupancy:47.38%Regulation:Low
Rank:#27Market:BurnabyCountry:CanadaProperties:562Monthly Revenue:$1042.88Daily Rate (ADR):$123.46Occupancy:46.38%Regulation:High
Rank:#28Market:Kawartha LakesCountry:CanadaProperties:557Monthly Revenue:$1998.14Daily Rate (ADR):$288.40Occupancy:36.50%Regulation:Low
Rank:#29Market:District of North VancouverCountry:CanadaProperties:541Monthly Revenue:$1714.69Daily Rate (ADR):$180.67Occupancy:52.88%Regulation:Low
Rank:#30Market:VictoriaCountry:CanadaProperties:535Monthly Revenue:$1034.57Daily Rate (ADR):$134.46Occupancy:42.98%Regulation:High
Rank:#31Market:WindsorCountry:CanadaProperties:512Monthly Revenue:$911.88Daily Rate (ADR):$93.88Occupancy:46.13%Regulation:Low
Rank:#32Market:SaanichCountry:CanadaProperties:494Monthly Revenue:$1564.01Daily Rate (ADR):$132.59Occupancy:56.46%Regulation:Low
Rank:#33Market:Area E (Beaverdell/West Boundary)Country:CanadaProperties:474Monthly Revenue:$2173.78Daily Rate (ADR):$318.52Occupancy:39.13%Regulation:Low
Rank:#34Market:MarkhamCountry:CanadaProperties:474Monthly Revenue:$667.26Daily Rate (ADR):$86.31Occupancy:42.01%Regulation:Low
Rank:#35Market:Area A (Kicking Horse/Kinbasket Lake)Country:CanadaProperties:471Monthly Revenue:$3115.54Daily Rate (ADR):$252.36Occupancy:52.03%Regulation:Low
Rank:#36Market:LongueuilCountry:CanadaProperties:470Monthly Revenue:$1058.21Daily Rate (ADR):$115.32Occupancy:46.74%Regulation:High
Rank:#37Market:NanaimoCountry:CanadaProperties:446Monthly Revenue:$1190.43Daily Rate (ADR):$120.84Occupancy:50.67%Regulation:High
Rank:#38Market:Petite-Rivière-Saint-FrançoisCountry:CanadaProperties:438Monthly Revenue:$2301.80Daily Rate (ADR):$295.35Occupancy:33.13%Regulation:High
Rank:#39Market:Niagara-on-the-LakeCountry:CanadaProperties:435Monthly Revenue:$2896.39Daily Rate (ADR):$268.34Occupancy:41.60%Regulation:High
Rank:#40Market:Area F (Columbia Lake/Windermere Lake)Country:CanadaProperties:417Monthly Revenue:$2360.38Daily Rate (ADR):$231.29Occupancy:42.32%Regulation:Low
Rank:#41Market:Lambton ShoresCountry:CanadaProperties:405Monthly Revenue:$1842.45Daily Rate (ADR):$265.70Occupancy:36.29%Regulation:Moderate
Rank:#42Market:OakvilleCountry:CanadaProperties:402Monthly Revenue:$1124.84Daily Rate (ADR):$135.67Occupancy:43.54%Regulation:Low
Rank:#43Market:Township of LangleyCountry:CanadaProperties:401Monthly Revenue:$1265.70Daily Rate (ADR):$141.77Occupancy:46.79%Regulation:Low
Rank:#44Market:ReginaCountry:CanadaProperties:396Monthly Revenue:$828.47Daily Rate (ADR):$76.48Occupancy:49.69%Regulation:High
Rank:#45Market:Muskoka Lakes TownshipCountry:CanadaProperties:390Monthly Revenue:$2514.94Daily Rate (ADR):$442.88Occupancy:37.24%Regulation:Low
Rank:#46Market:Prince EdwardCountry:CanadaProperties:388Monthly Revenue:$2427.51Daily Rate (ADR):$313.36Occupancy:41.05%Regulation:High
Rank:#47Market:MonctonCountry:CanadaProperties:381Monthly Revenue:$913.68Daily Rate (ADR):$114.24Occupancy:44.30%Regulation:Low
Rank:#48Market:WaterlooCountry:CanadaProperties:365Monthly Revenue:$683.91Daily Rate (ADR):$82.44Occupancy:43.27%Regulation:Low
Rank:#49Market:UclueletCountry:CanadaProperties:364Monthly Revenue:$2863.14Daily Rate (ADR):$220.12Occupancy:49.39%Regulation:High
Rank:#50Market:Wasaga BeachCountry:CanadaProperties:362Monthly Revenue:$1060.87Daily Rate (ADR):$227.96Occupancy:32.04%Regulation:Low
Rank:#51Market:InnisfilCountry:CanadaProperties:361Monthly Revenue:$1585.46Daily Rate (ADR):$216.56Occupancy:37.41%Regulation:Low
Rank:#52Market:West KelownaCountry:CanadaProperties:355Monthly Revenue:$1981.12Daily Rate (ADR):$240.30Occupancy:46.05%Regulation:High
Rank:#53Market:Municipality of Northern Bruce PeninsulaCountry:CanadaProperties:355Monthly Revenue:$1861.01Daily Rate (ADR):$228.88Occupancy:43.44%Regulation:Moderate
Rank:#54Market:North VancouverCountry:CanadaProperties:353Monthly Revenue:$1882.45Daily Rate (ADR):$146.25Occupancy:57.18%Regulation:Low
Rank:#55Market:VaughanCountry:CanadaProperties:347Monthly Revenue:$832.32Daily Rate (ADR):$107.28Occupancy:40.32%Regulation:High
Rank:#56Market:CharlottetownCountry:CanadaProperties:346Monthly Revenue:$1465.00Daily Rate (ADR):$167.80Occupancy:48.58%Regulation:Moderate
Rank:#57Market:Juan de Fuca Electoral AreaCountry:CanadaProperties:341Monthly Revenue:$2613.51Daily Rate (ADR):$228.42Occupancy:45.42%Regulation:Low
Rank:#58Market:West VancouverCountry:CanadaProperties:337Monthly Revenue:$2399.84Daily Rate (ADR):$303.32Occupancy:45.24%Regulation:Low
Rank:#59Market:TofinoCountry:CanadaProperties:331Monthly Revenue:$4753.46Daily Rate (ADR):$286.51Occupancy:57.24%Regulation:High
Rank:#60Market:Sun Peaks Mountain Resort MunicipalityCountry:CanadaProperties:328Monthly Revenue:$2506.92Daily Rate (ADR):$298.30Occupancy:36.48%Regulation:High
Rank:#61Market:BarrieCountry:CanadaProperties:327Monthly Revenue:$958.38Daily Rate (ADR):$121.17Occupancy:40.40%Regulation:Low
Rank:#62Market:KingstonCountry:CanadaProperties:326Monthly Revenue:$1513.94Daily Rate (ADR):$139.93Occupancy:50.62%Regulation:High
Rank:#63Market:PentictonCountry:CanadaProperties:325Monthly Revenue:$1570.57Daily Rate (ADR):$195.26Occupancy:45.35%Regulation:High
Rank:#64Market:HuntsvilleCountry:CanadaProperties:308Monthly Revenue:$2639.67Daily Rate (ADR):$282.11Occupancy:40.90%Regulation:Moderate
Rank:#65Market:Port ColborneCountry:CanadaProperties:307Monthly Revenue:$1245.39Daily Rate (ADR):$238.59Occupancy:38.84%Regulation:Low
Rank:#66Market:Greater SudburyCountry:CanadaProperties:298Monthly Revenue:$1209.65Daily Rate (ADR):$122.11Occupancy:48.27%Regulation:Low
Rank:#67Market:Salt Spring Island Electoral AreaCountry:CanadaProperties:297Monthly Revenue:$1788.00Daily Rate (ADR):$175.02Occupancy:48.35%Regulation:Low
Rank:#68Market:CoquitlamCountry:CanadaProperties:294Monthly Revenue:$981.24Daily Rate (ADR):$100.15Occupancy:48.27%Regulation:High
Rank:#69Market:RevelstokeCountry:CanadaProperties:287Monthly Revenue:$2805.33Daily Rate (ADR):$256.96Occupancy:47.75%Regulation:High
Rank:#70Market:Thunder BayCountry:CanadaProperties:286Monthly Revenue:$1084.67Daily Rate (ADR):$91.40Occupancy:53.38%Regulation:Low
Rank:#71Market:Laval (administrative region)Country:CanadaProperties:277Monthly Revenue:$957.86Daily Rate (ADR):$101.74Occupancy:46.31%Regulation:High
Rank:#72Market:LangfordCountry:CanadaProperties:275Monthly Revenue:$1613.14Daily Rate (ADR):$146.08Occupancy:53.14%Regulation:Low
Rank:#73Market:Dysart et alCountry:CanadaProperties:268Monthly Revenue:$2633.67Daily Rate (ADR):$316.84Occupancy:41.46%Regulation:Low
Rank:#74Market:St. CatharinesCountry:CanadaProperties:267Monthly Revenue:$1615.57Daily Rate (ADR):$155.14Occupancy:44.01%Regulation:Low
Rank:#75Market:KamloopsCountry:CanadaProperties:266Monthly Revenue:$1163.41Daily Rate (ADR):$105.16Occupancy:52.72%Regulation:Low
Rank:#76Market:DeltaCountry:CanadaProperties:261Monthly Revenue:$1057.41Daily Rate (ADR):$127.35Occupancy:45.90%Regulation:Low
Rank:#77Market:MiltonCountry:CanadaProperties:255Monthly Revenue:$953.55Daily Rate (ADR):$127.02Occupancy:41.54%Regulation:Low
Rank:#78Market:Saint-CômeCountry:CanadaProperties:255Monthly Revenue:$2251.28Daily Rate (ADR):$227.50Occupancy:39.20%Regulation:High
Rank:#79Market:Area C (Silver Star)Country:CanadaProperties:252Monthly Revenue:$2142.78Daily Rate (ADR):$325.63Occupancy:40.51%Regulation:Low
Rank:#80Market:BurlingtonCountry:CanadaProperties:252Monthly Revenue:$1355.27Daily Rate (ADR):$140.37Occupancy:48.07%Regulation:Low
Rank:#81Market:Oro-MedonteCountry:CanadaProperties:249Monthly Revenue:$1457.15Daily Rate (ADR):$195.18Occupancy:38.61%Regulation:Low
Rank:#82Market:Lac-SupérieurCountry:CanadaProperties:248Monthly Revenue:$2646.32Daily Rate (ADR):$268.81Occupancy:38.59%Regulation:High
Rank:#83Market:WhitehorseCountry:CanadaProperties:248Monthly Revenue:$1847.89Daily Rate (ADR):$159.69Occupancy:51.66%Regulation:Low
Rank:#84Market:AbbotsfordCountry:CanadaProperties:247Monthly Revenue:$1118.82Daily Rate (ADR):$119.22Occupancy:45.96%Regulation:Low
Rank:#85Market:Area A (Upper Flathead/Elk Valley)Country:CanadaProperties:240Monthly Revenue:$2899.44Daily Rate (ADR):$278.84Occupancy:44.05%Regulation:Low
Rank:#86Market:SquamishCountry:CanadaProperties:238Monthly Revenue:$2412.58Daily Rate (ADR):$210.41Occupancy:54.87%Regulation:High
Rank:#87Market:Grande PrairieCountry:CanadaProperties:236Monthly Revenue:$897.28Daily Rate (ADR):$88.71Occupancy:49.19%Regulation:Low
Rank:#88Market:FernieCountry:CanadaProperties:236Monthly Revenue:$1963.36Daily Rate (ADR):$176.45Occupancy:49.48%Regulation:High
Rank:#89Market:BeaupréCountry:CanadaProperties:236Monthly Revenue:$1441.46Daily Rate (ADR):$174.13Occupancy:35.87%Regulation:High
Rank:#90Market:PickeringCountry:CanadaProperties:235Monthly Revenue:$928.61Daily Rate (ADR):$127.88Occupancy:42.69%Regulation:Low
Rank:#91Market:GravenhurstCountry:CanadaProperties:232Monthly Revenue:$2387.74Daily Rate (ADR):$314.28Occupancy:39.18%Regulation:Low
Rank:#92Market:PictonCountry:CanadaProperties:232Monthly Revenue:$2203.19Daily Rate (ADR):$234.71Occupancy:43.38%Regulation:High
Rank:#93Market:ChertseyCountry:CanadaProperties:232Monthly Revenue:$2234.46Daily Rate (ADR):$206.87Occupancy:41.19%Regulation:High
Rank:#94Market:GuelphCountry:CanadaProperties:230Monthly Revenue:$901.82Daily Rate (ADR):$94.14Occupancy:45.45%Regulation:Low
Rank:#95Market:Saint JohnCountry:CanadaProperties:229Monthly Revenue:$945.46Daily Rate (ADR):$93.03Occupancy:46.60%Regulation:Low
Rank:#96Market:CollingwoodCountry:CanadaProperties:229Monthly Revenue:$1439.19Daily Rate (ADR):$181.55Occupancy:39.43%Regulation:Low
Rank:#97Market:Area C (Puntledge/Black Creek)Country:CanadaProperties:225Monthly Revenue:$2224.01Daily Rate (ADR):$215.80Occupancy:48.01%Regulation:Low
Rank:#98Market:ChilliwackCountry:CanadaProperties:221Monthly Revenue:$1443.97Daily Rate (ADR):$151.74Occupancy:45.78%Regulation:High
Rank:#99Market:BracebridgeCountry:CanadaProperties:221Monthly Revenue:$2316.72Daily Rate (ADR):$331.78Occupancy:37.55%Regulation:Low
Rank:#100Market:VernonCountry:CanadaProperties:219Monthly Revenue:$1345.36Daily Rate (ADR):$151.20Occupancy:49.79%Regulation:Low

Our Data-Driven Methodology for STR Market Analysis

At AirROI, our market rankings and insights are powered by a robust methodology combining comprehensive Airbnb data collection with sophisticated STR analytics techniques. We strive to provide the most accurate and actionable intelligence for short-term rental investors.

Data Collection & Scope

  • Global Coverage: We aggregate STR data from tens of millions of active short-term rental listings across platforms like Airbnb and Vrbo worldwide.
  • Real-Time Metrics: Our systems track key performance indicators (KPIs) daily, including booking rates, nightly pricing (ADR), occupancy rates, and revenue.
  • Regulatory Monitoring: We actively monitor and incorporate local short-term rental regulations, licensing requirements, and tax obligations into our market analysis.

Analysis & Ranking

  • Proprietary Algorithms: AI and machine learning models analyze booking patterns, predict seasonal demand shifts, and identify emerging market trends in the STR space.
  • Key Metric Evaluation: We evaluate markets based on a weighted combination of critical investment factors using our extensive Airbnb analytics:
    • Revenue Potential: Average Monthly Revenue and Average Daily Rate (ADR).
    • Market Demand: Occupancy Rate and booking lead times.
    • Investment Scale: Number of active properties and market growth trends.
    • Regulatory Environment: Assessed impact of local STR regulations on operational feasibility and profitability.
  • Benchmarking: Performance is benchmarked against regional and global averages to provide context for vacation rental investment potential.

Key Metrics Explained

  • Properties: The count of active short-term rental listings in the market.
  • Monthly Revenue: Average revenue generated per property per month, a key indicator for Airbnb profitability.
  • Daily Rate (ADR): Average nightly booking price.
  • Occupancy: Percentage of nights booked out of total available nights, crucial for understanding STR demand.
  • Regulation: An indicator of the local regulatory climate impacting Airbnb investment.

This rigorous approach ensures our recommendations are based on real-world performance Airbnb data and forward-looking market analysis, empowering you to invest smarter in the vacation rental market.

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