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

Source: AirROI

Last updated: 2025-12-01

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.

Top Short-Term Rental Markets in Canada

Rank:#1Market:TorontoCountry:CanadaProperties:10,317Monthly Revenue:$1662.53Daily Rate (ADR):$151.02Occupancy:47.42%Regulation:High
Rank:#2Market:MontrealCountry:CanadaProperties:6,657Monthly Revenue:$1873.67Daily Rate (ADR):$160.86Occupancy:48.54%Regulation:High
Rank:#3Market:CalgaryCountry:CanadaProperties:4,065Monthly Revenue:$1563.66Daily Rate (ADR):$133.76Occupancy:48.73%Regulation:High
Rank:#4Market:VancouverCountry:CanadaProperties:3,652Monthly Revenue:$2754.71Daily Rate (ADR):$204.34Occupancy:55.45%Regulation:High
Rank:#5Market:EdmontonCountry:CanadaProperties:2,632Monthly Revenue:$1143.48Daily Rate (ADR):$96.18Occupancy:47.80%Regulation:High
Rank:#6Market:Whistler Resort MunicipalityCountry:CanadaProperties:2,189Monthly Revenue:$4366.23Daily Rate (ADR):$384.63Occupancy:44.38%Regulation:High
Rank:#7Market:QuebecCountry:CanadaProperties:1,858Monthly Revenue:$2209.11Daily Rate (ADR):$162.66Occupancy:49.56%Regulation:High
Rank:#8Market:OttawaCountry:CanadaProperties:1,810Monthly Revenue:$1300.44Daily Rate (ADR):$112.55Occupancy:48.25%Regulation:High
Rank:#9Market:CanmoreCountry:CanadaProperties:1,730Monthly Revenue:$5910.46Daily Rate (ADR):$323.42Occupancy:61.14%Regulation:Low
Rank:#10Market:MississaugaCountry:CanadaProperties:1,645Monthly Revenue:$1086.19Daily Rate (ADR):$107.94Occupancy:43.63%Regulation:Moderate
Rank:#11Market:Mont-TremblantCountry:CanadaProperties:1,083Monthly Revenue:$2960.77Daily Rate (ADR):$286.13Occupancy:39.09%Regulation:High
Rank:#12Market:WinnipegCountry:CanadaProperties:1,053Monthly Revenue:$1142.89Daily Rate (ADR):$96.17Occupancy:47.60%Regulation:High
Rank:#13Market:Niagara FallsCountry:CanadaProperties:1,053Monthly Revenue:$1928.60Daily Rate (ADR):$186.64Occupancy:39.70%Regulation:Low
Rank:#14Market:SurreyCountry:CanadaProperties:986Monthly Revenue:$1257.83Daily Rate (ADR):$127.82Occupancy:43.25%Regulation:High
Rank:#15Market:HamiltonCountry:CanadaProperties:925Monthly Revenue:$1195.84Daily Rate (ADR):$126.67Occupancy:43.28%Regulation:Low
Rank:#16Market:BramptonCountry:CanadaProperties:827Monthly Revenue:$881.78Daily Rate (ADR):$102.88Occupancy:37.98%Regulation:Low
Rank:#17Market:RichmondCountry:CanadaProperties:819Monthly Revenue:$1085.49Daily Rate (ADR):$132.55Occupancy:40.49%Regulation:High
Rank:#18Market:Richmond HillCountry:CanadaProperties:744Monthly Revenue:$1238.21Daily Rate (ADR):$129.54Occupancy:42.05%Regulation:Low
Rank:#19Market:HalifaxCountry:CanadaProperties:730Monthly Revenue:$2096.52Daily Rate (ADR):$149.49Occupancy:54.01%Regulation:High
Rank:#20Market:LondonCountry:CanadaProperties:725Monthly Revenue:$1029.18Daily Rate (ADR):$100.33Occupancy:44.58%Regulation:Low
Rank:#21Market:The Blue MountainsCountry:CanadaProperties:643Monthly Revenue:$3111.70Daily Rate (ADR):$311.54Occupancy:36.64%Regulation:Low
Rank:#22Market:KelownaCountry:CanadaProperties:606Monthly Revenue:$2038.61Daily Rate (ADR):$227.86Occupancy:46.60%Regulation:High
Rank:#23Market:GatineauCountry:CanadaProperties:593Monthly Revenue:$939.61Daily Rate (ADR):$83.65Occupancy:45.55%Regulation:High
Rank:#24Market:SaskatoonCountry:CanadaProperties:582Monthly Revenue:$1110.73Daily Rate (ADR):$81.34Occupancy:52.96%Regulation:Low
Rank:#25Market:Saint John'sCountry:CanadaProperties:569Monthly Revenue:$1954.10Daily Rate (ADR):$155.56Occupancy:52.47%Regulation:High
Rank:#26Market:KitchenerCountry:CanadaProperties:548Monthly Revenue:$1054.46Daily Rate (ADR):$96.19Occupancy:46.93%Regulation:Low
Rank:#27Market:Kawartha LakesCountry:CanadaProperties:532Monthly Revenue:$2354.54Daily Rate (ADR):$300.22Occupancy:36.04%Regulation:Low
Rank:#28Market:WindsorCountry:CanadaProperties:529Monthly Revenue:$995.79Daily Rate (ADR):$98.94Occupancy:43.32%Regulation:Low
Rank:#29Market:BurnabyCountry:CanadaProperties:506Monthly Revenue:$1421.79Daily Rate (ADR):$133.09Occupancy:49.11%Regulation:High
Rank:#30Market:Area E (Beaverdell/West Boundary)Country:CanadaProperties:503Monthly Revenue:$2282.67Daily Rate (ADR):$331.68Occupancy:40.71%Regulation:High
Rank:#31Market:District of North VancouverCountry:CanadaProperties:492Monthly Revenue:$2120.34Daily Rate (ADR):$190.23Occupancy:53.34%Regulation:High
Rank:#32Market:LongueuilCountry:CanadaProperties:483Monthly Revenue:$1435.98Daily Rate (ADR):$133.29Occupancy:45.88%Regulation:High
Rank:#33Market:Area A (Kicking Horse/Kinbasket Lake)Country:CanadaProperties:475Monthly Revenue:$3597.33Daily Rate (ADR):$258.47Occupancy:52.42%Regulation:High
Rank:#34Market:VictoriaCountry:CanadaProperties:459Monthly Revenue:$1294.46Daily Rate (ADR):$135.25Occupancy:47.14%Regulation:High
Rank:#35Market:Petite-Rivière-Saint-FrançoisCountry:CanadaProperties:443Monthly Revenue:$2710.23Daily Rate (ADR):$313.07Occupancy:34.15%Regulation:High
Rank:#36Market:Niagara-on-the-LakeCountry:CanadaProperties:441Monthly Revenue:$3305.14Daily Rate (ADR):$289.33Occupancy:41.96%Regulation:High
Rank:#37Market:MarkhamCountry:CanadaProperties:425Monthly Revenue:$812.83Daily Rate (ADR):$94.34Occupancy:41.19%Regulation:Low
Rank:#38Market:Prince EdwardCountry:CanadaProperties:421Monthly Revenue:$3001.61Daily Rate (ADR):$332.79Occupancy:43.06%Regulation:High
Rank:#39Market:SaanichCountry:CanadaProperties:415Monthly Revenue:$1691.54Daily Rate (ADR):$136.19Occupancy:54.52%Regulation:High
Rank:#40Market:Area F (Columbia Lake/Windermere Lake)Country:CanadaProperties:394Monthly Revenue:$2980.94Daily Rate (ADR):$262.33Occupancy:42.63%Regulation:High
Rank:#41Market:OakvilleCountry:CanadaProperties:394Monthly Revenue:$1360.02Daily Rate (ADR):$135.04Occupancy:44.22%Regulation:Low
Rank:#42Market:ReginaCountry:CanadaProperties:390Monthly Revenue:$985.46Daily Rate (ADR):$80.98Occupancy:48.92%Regulation:High
Rank:#43Market:NanaimoCountry:CanadaProperties:384Monthly Revenue:$1508.32Daily Rate (ADR):$127.93Occupancy:52.24%Regulation:High
Rank:#44Market:Lambton ShoresCountry:CanadaProperties:381Monthly Revenue:$2339.04Daily Rate (ADR):$276.36Occupancy:37.09%Regulation:Moderate
Rank:#45Market:West KelownaCountry:CanadaProperties:370Monthly Revenue:$2690.27Daily Rate (ADR):$258.21Occupancy:48.72%Regulation:High
Rank:#46Market:MonctonCountry:CanadaProperties:366Monthly Revenue:$1219.19Daily Rate (ADR):$130.02Occupancy:42.32%Regulation:Low
Rank:#47Market:UclueletCountry:CanadaProperties:359Monthly Revenue:$3575.09Daily Rate (ADR):$235.49Occupancy:52.26%Regulation:High
Rank:#48Market:Township of LangleyCountry:CanadaProperties:353Monthly Revenue:$1710.73Daily Rate (ADR):$141.44Occupancy:49.18%Regulation:High
Rank:#49Market:Municipality of Northern Bruce PeninsulaCountry:CanadaProperties:353Monthly Revenue:$2417.61Daily Rate (ADR):$245.58Occupancy:44.19%Regulation:Moderate
Rank:#50Market:Muskoka Lakes TownshipCountry:CanadaProperties:351Monthly Revenue:$2951.37Daily Rate (ADR):$443.57Occupancy:35.78%Regulation:Low
Rank:#51Market:InnisfilCountry:CanadaProperties:348Monthly Revenue:$1996.25Daily Rate (ADR):$228.76Occupancy:38.10%Regulation:Low
Rank:#52Market:Sun Peaks Mountain Resort MunicipalityCountry:CanadaProperties:340Monthly Revenue:$2786.87Daily Rate (ADR):$309.03Occupancy:37.67%Regulation:High
Rank:#53Market:WaterlooCountry:CanadaProperties:338Monthly Revenue:$789.56Daily Rate (ADR):$86.74Occupancy:42.42%Regulation:Low
Rank:#54Market:Juan de Fuca Electoral AreaCountry:CanadaProperties:331Monthly Revenue:$3227.07Daily Rate (ADR):$252.38Occupancy:46.86%Regulation:High
Rank:#55Market:Wasaga BeachCountry:CanadaProperties:330Monthly Revenue:$1280.01Daily Rate (ADR):$235.00Occupancy:31.16%Regulation:Low
Rank:#56Market:TofinoCountry:CanadaProperties:329Monthly Revenue:$5232.79Daily Rate (ADR):$304.65Occupancy:56.66%Regulation:High
Rank:#57Market:CharlottetownCountry:CanadaProperties:326Monthly Revenue:$1929.26Daily Rate (ADR):$178.26Occupancy:48.82%Regulation:High
Rank:#58Market:North VancouverCountry:CanadaProperties:315Monthly Revenue:$2215.11Daily Rate (ADR):$158.14Occupancy:57.29%Regulation:High
Rank:#59Market:BarrieCountry:CanadaProperties:314Monthly Revenue:$1200.93Daily Rate (ADR):$128.81Occupancy:41.13%Regulation:Low
Rank:#60Market:VaughanCountry:CanadaProperties:313Monthly Revenue:$1105.48Daily Rate (ADR):$108.80Occupancy:43.00%Regulation:High
Rank:#61Market:HuntsvilleCountry:CanadaProperties:312Monthly Revenue:$3185.18Daily Rate (ADR):$298.72Occupancy:42.37%Regulation:Moderate
Rank:#62Market:Greater SudburyCountry:CanadaProperties:297Monthly Revenue:$1401.19Daily Rate (ADR):$133.31Occupancy:47.50%Regulation:Low
Rank:#63Market:PentictonCountry:CanadaProperties:292Monthly Revenue:$2121.55Daily Rate (ADR):$210.69Occupancy:48.93%Regulation:High
Rank:#64Market:Thunder BayCountry:CanadaProperties:291Monthly Revenue:$1374.74Daily Rate (ADR):$102.75Occupancy:52.56%Regulation:Low
Rank:#65Market:KingstonCountry:CanadaProperties:287Monthly Revenue:$1847.42Daily Rate (ADR):$148.25Occupancy:51.67%Regulation:High
Rank:#66Market:Port ColborneCountry:CanadaProperties:280Monthly Revenue:$1517.78Daily Rate (ADR):$249.05Occupancy:37.10%Regulation:Low
Rank:#67Market:RevelstokeCountry:CanadaProperties:274Monthly Revenue:$3328.24Daily Rate (ADR):$286.95Occupancy:47.36%Regulation:High
Rank:#68Market:St. CatharinesCountry:CanadaProperties:274Monthly Revenue:$2015.63Daily Rate (ADR):$185.38Occupancy:44.73%Regulation:Low
Rank:#69Market:West VancouverCountry:CanadaProperties:267Monthly Revenue:$2998.75Daily Rate (ADR):$302.37Occupancy:46.42%Regulation:High
Rank:#70Market:Saint-CômeCountry:CanadaProperties:265Monthly Revenue:$2731.82Daily Rate (ADR):$244.11Occupancy:39.78%Regulation:High
Rank:#71Market:LangfordCountry:CanadaProperties:259Monthly Revenue:$2169.48Daily Rate (ADR):$158.50Occupancy:55.12%Regulation:High
Rank:#72Market:Salt Spring Island Electoral AreaCountry:CanadaProperties:258Monthly Revenue:$2340.34Daily Rate (ADR):$188.05Occupancy:49.79%Regulation:High
Rank:#73Market:Area C (Silver Star)Country:CanadaProperties:257Monthly Revenue:$2551.59Daily Rate (ADR):$333.23Occupancy:41.34%Regulation:High
Rank:#74Market:CoquitlamCountry:CanadaProperties:256Monthly Revenue:$1259.69Daily Rate (ADR):$107.25Occupancy:47.42%Regulation:High
Rank:#75Market:FernieCountry:CanadaProperties:253Monthly Revenue:$2052.41Daily Rate (ADR):$182.01Occupancy:46.60%Regulation:High
Rank:#76Market:Lac-SupérieurCountry:CanadaProperties:253Monthly Revenue:$3177.76Daily Rate (ADR):$275.89Occupancy:40.89%Regulation:High
Rank:#77Market:Laval (administrative region)Country:CanadaProperties:252Monthly Revenue:$1376.40Daily Rate (ADR):$112.56Occupancy:45.56%Regulation:High
Rank:#78Market:BeaupréCountry:CanadaProperties:247Monthly Revenue:$1719.93Daily Rate (ADR):$185.84Occupancy:34.81%Regulation:High
Rank:#79Market:WhitehorseCountry:CanadaProperties:247Monthly Revenue:$2071.03Daily Rate (ADR):$169.74Occupancy:50.26%Regulation:Low
Rank:#80Market:Grande PrairieCountry:CanadaProperties:245Monthly Revenue:$1032.88Daily Rate (ADR):$100.08Occupancy:46.56%Regulation:Low
Rank:#81Market:KamloopsCountry:CanadaProperties:242Monthly Revenue:$1355.68Daily Rate (ADR):$110.63Occupancy:53.90%Regulation:High
Rank:#82Market:WhistlerCountry:CanadaProperties:241Monthly Revenue:$4141.81Daily Rate (ADR):$396.06Occupancy:47.46%Regulation:High
Rank:#83Market:Area A (Upper Flathead/Elk Valley)Country:CanadaProperties:236Monthly Revenue:$3337.82Daily Rate (ADR):$289.03Occupancy:43.64%Regulation:High
Rank:#84Market:Stoneham-et-TewkesburyCountry:CanadaProperties:236Monthly Revenue:$2448.19Daily Rate (ADR):$373.52Occupancy:31.26%Regulation:High
Rank:#85Market:Oro-MedonteCountry:CanadaProperties:231Monthly Revenue:$1830.72Daily Rate (ADR):$212.20Occupancy:37.61%Regulation:Low
Rank:#86Market:BurlingtonCountry:CanadaProperties:229Monthly Revenue:$1660.93Daily Rate (ADR):$169.84Occupancy:46.13%Regulation:Low
Rank:#87Market:ChertseyCountry:CanadaProperties:228Monthly Revenue:$2749.92Daily Rate (ADR):$227.98Occupancy:42.26%Regulation:High
Rank:#88Market:Dysart et alCountry:CanadaProperties:226Monthly Revenue:$3331.88Daily Rate (ADR):$324.82Occupancy:39.46%Regulation:Moderate
Rank:#89Market:PictonCountry:CanadaProperties:226Monthly Revenue:$2691.05Daily Rate (ADR):$255.49Occupancy:45.65%Regulation:High
Rank:#90Market:MiltonCountry:CanadaProperties:225Monthly Revenue:$1148.05Daily Rate (ADR):$133.98Occupancy:41.17%Regulation:Low
Rank:#91Market:DeltaCountry:CanadaProperties:224Monthly Revenue:$1599.50Daily Rate (ADR):$140.15Occupancy:47.02%Regulation:High
Rank:#92Market:GravenhurstCountry:CanadaProperties:224Monthly Revenue:$2850.62Daily Rate (ADR):$344.09Occupancy:36.44%Regulation:Low
Rank:#93Market:LethbridgeCountry:CanadaProperties:223Monthly Revenue:$1258.28Daily Rate (ADR):$105.85Occupancy:46.89%Regulation:Low
Rank:#94Market:Saint JohnCountry:CanadaProperties:223Monthly Revenue:$1178.55Daily Rate (ADR):$106.78Occupancy:46.51%Regulation:Low
Rank:#95Market:Area C (Puntledge/Black Creek)Country:CanadaProperties:214Monthly Revenue:$2844.19Daily Rate (ADR):$249.90Occupancy:49.27%Regulation:High
Rank:#96Market:SquamishCountry:CanadaProperties:214Monthly Revenue:$3078.62Daily Rate (ADR):$229.85Occupancy:54.86%Regulation:High
Rank:#97Market:AjaxCountry:CanadaProperties:214Monthly Revenue:$992.40Daily Rate (ADR):$102.22Occupancy:40.49%Regulation:Low
Rank:#98Market:ThoroldCountry:CanadaProperties:214Monthly Revenue:$1697.78Daily Rate (ADR):$157.45Occupancy:40.96%Regulation:Low
Rank:#99Market:VernonCountry:CanadaProperties:213Monthly Revenue:$1680.89Daily Rate (ADR):$156.98Occupancy:50.74%Regulation:High
Rank:#100Market:GuelphCountry:CanadaProperties:211Monthly Revenue:$1051.23Daily Rate (ADR):$91.56Occupancy:47.27%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.

Access Real-Time Airbnb API

This report is powered by our industry-leading Airbnb Data API, providing direct access to live short-term rental data from global markets like Canada. Use this data to build powerful analytics tools, discover investment opportunities, and inform your vacation rental strategy.

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