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

Source: AirROI

Last updated: 2025-08-01

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:11,107Monthly Revenue:$1512.05Daily Rate (ADR):$144.84Occupancy:48.00%Regulation:Moderate
Rank:#2Market:MontrealCountry:CanadaProperties:6,932Monthly Revenue:$1725.49Daily Rate (ADR):$146.95Occupancy:48.85%Regulation:Moderate
Rank:#3Market:CalgaryCountry:CanadaProperties:4,293Monthly Revenue:$1320.51Daily Rate (ADR):$117.25Occupancy:49.67%Regulation:Moderate
Rank:#4Market:VancouverCountry:CanadaProperties:4,102Monthly Revenue:$2310.63Daily Rate (ADR):$183.90Occupancy:54.83%Regulation:Moderate
Rank:#5Market:EdmontonCountry:CanadaProperties:2,740Monthly Revenue:$991.11Daily Rate (ADR):$85.79Occupancy:49.14%Regulation:Low
Rank:#6Market:Whistler Resort MunicipalityCountry:CanadaProperties:2,295Monthly Revenue:$3972.70Daily Rate (ADR):$369.49Occupancy:42.64%Regulation:Low
Rank:#7Market:OttawaCountry:CanadaProperties:1,944Monthly Revenue:$1171.37Daily Rate (ADR):$105.37Occupancy:48.29%Regulation:Low
Rank:#8Market:QuebecCountry:CanadaProperties:1,900Monthly Revenue:$1980.31Daily Rate (ADR):$152.70Occupancy:49.33%Regulation:Low
Rank:#9Market:MississaugaCountry:CanadaProperties:1,793Monthly Revenue:$922.15Daily Rate (ADR):$99.49Occupancy:43.60%Regulation:Low
Rank:#10Market:CanmoreCountry:CanadaProperties:1,715Monthly Revenue:$5186.42Daily Rate (ADR):$297.71Occupancy:59.64%Regulation:Low
Rank:#11Market:Niagara FallsCountry:CanadaProperties:1,146Monthly Revenue:$1646.98Daily Rate (ADR):$172.49Occupancy:39.41%Regulation:Low
Rank:#12Market:SurreyCountry:CanadaProperties:1,144Monthly Revenue:$1098.07Daily Rate (ADR):$115.64Occupancy:43.48%Regulation:Low
Rank:#13Market:WinnipegCountry:CanadaProperties:1,114Monthly Revenue:$980.43Daily Rate (ADR):$89.57Occupancy:48.30%Regulation:Low
Rank:#14Market:Mont-TremblantCountry:CanadaProperties:1,092Monthly Revenue:$2694.48Daily Rate (ADR):$279.83Occupancy:38.48%Regulation:Low
Rank:#15Market:HamiltonCountry:CanadaProperties:989Monthly Revenue:$1106.65Daily Rate (ADR):$121.64Occupancy:43.83%Regulation:Low
Rank:#16Market:BramptonCountry:CanadaProperties:926Monthly Revenue:$710.30Daily Rate (ADR):$96.40Occupancy:38.51%Regulation:Low
Rank:#17Market:RichmondCountry:CanadaProperties:854Monthly Revenue:$959.18Daily Rate (ADR):$123.60Occupancy:40.50%Regulation:Low
Rank:#18Market:HalifaxCountry:CanadaProperties:815Monthly Revenue:$1663.13Daily Rate (ADR):$136.13Occupancy:52.88%Regulation:Low
Rank:#19Market:Richmond HillCountry:CanadaProperties:813Monthly Revenue:$998.97Daily Rate (ADR):$112.62Occupancy:40.97%Regulation:Low
Rank:#20Market:LondonCountry:CanadaProperties:737Monthly Revenue:$912.72Daily Rate (ADR):$89.32Occupancy:45.74%Regulation:Low
Rank:#21Market:KelownaCountry:CanadaProperties:665Monthly Revenue:$1757.96Daily Rate (ADR):$210.46Occupancy:45.64%Regulation:Low
Rank:#22Market:The Blue MountainsCountry:CanadaProperties:646Monthly Revenue:$2783.66Daily Rate (ADR):$301.03Occupancy:35.58%Regulation:Low
Rank:#23Market:Saint John'sCountry:CanadaProperties:626Monthly Revenue:$1656.40Daily Rate (ADR):$142.83Occupancy:52.03%Regulation:Low
Rank:#24Market:SaskatoonCountry:CanadaProperties:610Monthly Revenue:$1005.82Daily Rate (ADR):$76.31Occupancy:54.47%Regulation:Low
Rank:#25Market:GatineauCountry:CanadaProperties:607Monthly Revenue:$849.27Daily Rate (ADR):$78.05Occupancy:46.83%Regulation:Low
Rank:#26Market:KitchenerCountry:CanadaProperties:572Monthly Revenue:$907.69Daily Rate (ADR):$85.63Occupancy:48.12%Regulation:Low
Rank:#27Market:Kawartha LakesCountry:CanadaProperties:566Monthly Revenue:$2051.36Daily Rate (ADR):$285.79Occupancy:35.29%Regulation:Low
Rank:#28Market:BurnabyCountry:CanadaProperties:552Monthly Revenue:$1173.37Daily Rate (ADR):$121.11Occupancy:47.77%Regulation:Low
Rank:#29Market:District of North VancouverCountry:CanadaProperties:552Monthly Revenue:$1771.24Daily Rate (ADR):$175.50Occupancy:52.59%Regulation:Low
Rank:#30Market:WindsorCountry:CanadaProperties:533Monthly Revenue:$912.31Daily Rate (ADR):$88.94Occupancy:45.57%Regulation:Low
Rank:#31Market:Area E (Beaverdell/West Boundary)Country:CanadaProperties:523Monthly Revenue:$2190.03Daily Rate (ADR):$323.41Occupancy:39.67%Regulation:Low
Rank:#32Market:SaanichCountry:CanadaProperties:497Monthly Revenue:$1549.30Daily Rate (ADR):$131.90Occupancy:54.72%Regulation:Low
Rank:#33Market:LongueuilCountry:CanadaProperties:491Monthly Revenue:$1191.81Daily Rate (ADR):$120.36Occupancy:46.11%Regulation:Moderate
Rank:#34Market:VictoriaCountry:CanadaProperties:490Monthly Revenue:$1121.10Daily Rate (ADR):$130.58Occupancy:46.33%Regulation:Low
Rank:#35Market:Area A (Kicking Horse/Kinbasket Lake)Country:CanadaProperties:486Monthly Revenue:$3343.32Daily Rate (ADR):$250.10Occupancy:52.18%Regulation:Low
Rank:#36Market:MarkhamCountry:CanadaProperties:486Monthly Revenue:$673.94Daily Rate (ADR):$82.94Occupancy:41.97%Regulation:Low
Rank:#37Market:Area F (Columbia Lake/Windermere Lake)Country:CanadaProperties:446Monthly Revenue:$2403.17Daily Rate (ADR):$237.20Occupancy:41.30%Regulation:Low
Rank:#38Market:Niagara-on-the-LakeCountry:CanadaProperties:443Monthly Revenue:$3006.36Daily Rate (ADR):$273.12Occupancy:41.27%Regulation:Low
Rank:#39Market:NanaimoCountry:CanadaProperties:442Monthly Revenue:$1264.01Daily Rate (ADR):$122.00Occupancy:51.37%Regulation:Moderate
Rank:#40Market:Petite-Rivière-Saint-FrançoisCountry:CanadaProperties:432Monthly Revenue:$2421.83Daily Rate (ADR):$292.72Occupancy:33.72%Regulation:Low
Rank:#41Market:OakvilleCountry:CanadaProperties:416Monthly Revenue:$1197.74Daily Rate (ADR):$126.72Occupancy:44.03%Regulation:Low
Rank:#42Market:Township of LangleyCountry:CanadaProperties:407Monthly Revenue:$1393.53Daily Rate (ADR):$140.22Occupancy:47.71%Regulation:Low
Rank:#43Market:ReginaCountry:CanadaProperties:407Monthly Revenue:$863.55Daily Rate (ADR):$75.82Occupancy:49.28%Regulation:Low
Rank:#44Market:Lambton ShoresCountry:CanadaProperties:405Monthly Revenue:$1962.95Daily Rate (ADR):$265.04Occupancy:36.08%Regulation:Low
Rank:#45Market:Prince EdwardCountry:CanadaProperties:392Monthly Revenue:$2649.85Daily Rate (ADR):$323.72Occupancy:41.78%Regulation:Low
Rank:#46Market:Muskoka Lakes TownshipCountry:CanadaProperties:382Monthly Revenue:$2559.30Daily Rate (ADR):$440.71Occupancy:36.16%Regulation:Low
Rank:#47Market:MonctonCountry:CanadaProperties:379Monthly Revenue:$1014.60Daily Rate (ADR):$118.05Occupancy:43.77%Regulation:Low
Rank:#48Market:WaterlooCountry:CanadaProperties:377Monthly Revenue:$720.65Daily Rate (ADR):$81.68Occupancy:43.68%Regulation:Low
Rank:#49Market:West KelownaCountry:CanadaProperties:376Monthly Revenue:$2169.81Daily Rate (ADR):$237.80Occupancy:46.59%Regulation:Low
Rank:#50Market:InnisfilCountry:CanadaProperties:371Monthly Revenue:$1670.26Daily Rate (ADR):$211.23Occupancy:36.89%Regulation:Low
Rank:#51Market:Municipality of Northern Bruce PeninsulaCountry:CanadaProperties:370Monthly Revenue:$2043.14Daily Rate (ADR):$232.39Occupancy:42.90%Regulation:Low
Rank:#52Market:UclueletCountry:CanadaProperties:365Monthly Revenue:$3091.12Daily Rate (ADR):$226.14Occupancy:50.38%Regulation:Low
Rank:#53Market:Wasaga BeachCountry:CanadaProperties:359Monthly Revenue:$1096.04Daily Rate (ADR):$229.19Occupancy:30.71%Regulation:Low
Rank:#54Market:Juan de Fuca Electoral AreaCountry:CanadaProperties:350Monthly Revenue:$2748.45Daily Rate (ADR):$233.60Occupancy:46.07%Regulation:Low
Rank:#55Market:Sun Peaks Mountain Resort MunicipalityCountry:CanadaProperties:350Monthly Revenue:$2556.60Daily Rate (ADR):$297.78Occupancy:37.53%Regulation:Low
Rank:#56Market:North VancouverCountry:CanadaProperties:349Monthly Revenue:$1939.86Daily Rate (ADR):$144.39Occupancy:57.43%Regulation:Low
Rank:#57Market:CharlottetownCountry:CanadaProperties:349Monthly Revenue:$1615.29Daily Rate (ADR):$169.09Occupancy:48.71%Regulation:Low
Rank:#58Market:BarrieCountry:CanadaProperties:340Monthly Revenue:$1012.17Daily Rate (ADR):$117.68Occupancy:40.60%Regulation:Low
Rank:#59Market:TofinoCountry:CanadaProperties:339Monthly Revenue:$4809.94Daily Rate (ADR):$289.48Occupancy:56.42%Regulation:Low
Rank:#60Market:VaughanCountry:CanadaProperties:338Monthly Revenue:$947.55Daily Rate (ADR):$104.83Occupancy:43.42%Regulation:Low
Rank:#61Market:West VancouverCountry:CanadaProperties:326Monthly Revenue:$2487.30Daily Rate (ADR):$276.15Occupancy:45.68%Regulation:Low
Rank:#62Market:PentictonCountry:CanadaProperties:316Monthly Revenue:$1711.45Daily Rate (ADR):$197.92Occupancy:45.79%Regulation:Low
Rank:#63Market:HuntsvilleCountry:CanadaProperties:314Monthly Revenue:$2712.17Daily Rate (ADR):$284.64Occupancy:40.28%Regulation:Low
Rank:#64Market:KingstonCountry:CanadaProperties:310Monthly Revenue:$1685.23Daily Rate (ADR):$140.97Occupancy:52.28%Regulation:Low
Rank:#65Market:Greater SudburyCountry:CanadaProperties:304Monthly Revenue:$1260.08Daily Rate (ADR):$119.22Occupancy:48.57%Regulation:Low
Rank:#66Market:Thunder BayCountry:CanadaProperties:303Monthly Revenue:$1139.85Daily Rate (ADR):$93.40Occupancy:53.20%Regulation:Low
Rank:#67Market:Port ColborneCountry:CanadaProperties:299Monthly Revenue:$1312.57Daily Rate (ADR):$237.47Occupancy:36.65%Regulation:Low
Rank:#68Market:CoquitlamCountry:CanadaProperties:297Monthly Revenue:$1075.19Daily Rate (ADR):$100.60Occupancy:47.27%Regulation:Low
Rank:#69Market:RevelstokeCountry:CanadaProperties:294Monthly Revenue:$2867.83Daily Rate (ADR):$266.73Occupancy:47.16%Regulation:Low
Rank:#70Market:Salt Spring Island Electoral AreaCountry:CanadaProperties:291Monthly Revenue:$1906.18Daily Rate (ADR):$174.03Occupancy:49.10%Regulation:Low
Rank:#71Market:KamloopsCountry:CanadaProperties:284Monthly Revenue:$1205.96Daily Rate (ADR):$102.88Occupancy:54.23%Regulation:Low
Rank:#72Market:LangfordCountry:CanadaProperties:282Monthly Revenue:$1808.05Daily Rate (ADR):$146.26Occupancy:54.61%Regulation:Low
Rank:#73Market:Saint-CômeCountry:CanadaProperties:278Monthly Revenue:$2322.10Daily Rate (ADR):$227.35Occupancy:38.93%Regulation:Low
Rank:#74Market:Laval (administrative region)Country:CanadaProperties:275Monthly Revenue:$1104.27Daily Rate (ADR):$106.41Occupancy:45.78%Regulation:Low
Rank:#75Market:St. CatharinesCountry:CanadaProperties:272Monthly Revenue:$1717.50Daily Rate (ADR):$157.40Occupancy:45.00%Regulation:Low
Rank:#76Market:Area C (Silver Star)Country:CanadaProperties:262Monthly Revenue:$2310.12Daily Rate (ADR):$331.19Occupancy:41.33%Regulation:Low
Rank:#77Market:Oro-MedonteCountry:CanadaProperties:261Monthly Revenue:$1521.43Daily Rate (ADR):$196.64Occupancy:37.73%Regulation:Low
Rank:#78Market:Lac-SupérieurCountry:CanadaProperties:259Monthly Revenue:$2801.73Daily Rate (ADR):$270.04Occupancy:38.81%Regulation:Low
Rank:#79Market:Dysart et alCountry:CanadaProperties:258Monthly Revenue:$2762.65Daily Rate (ADR):$310.53Occupancy:40.62%Regulation:Low
Rank:#80Market:MiltonCountry:CanadaProperties:254Monthly Revenue:$947.91Daily Rate (ADR):$122.40Occupancy:41.36%Regulation:Low
Rank:#81Market:WhitehorseCountry:CanadaProperties:251Monthly Revenue:$1955.29Daily Rate (ADR):$158.37Occupancy:52.06%Regulation:Low
Rank:#82Market:BurlingtonCountry:CanadaProperties:248Monthly Revenue:$1472.15Daily Rate (ADR):$157.99Occupancy:47.55%Regulation:Low
Rank:#83Market:FernieCountry:CanadaProperties:247Monthly Revenue:$1931.39Daily Rate (ADR):$173.07Occupancy:48.24%Regulation:Low
Rank:#84Market:BeaupréCountry:CanadaProperties:247Monthly Revenue:$1505.63Daily Rate (ADR):$173.35Occupancy:34.58%Regulation:Low
Rank:#85Market:DeltaCountry:CanadaProperties:245Monthly Revenue:$1261.12Daily Rate (ADR):$128.07Occupancy:47.79%Regulation:Low
Rank:#86Market:SquamishCountry:CanadaProperties:245Monthly Revenue:$2525.92Daily Rate (ADR):$209.35Occupancy:53.36%Regulation:Low
Rank:#87Market:AbbotsfordCountry:CanadaProperties:241Monthly Revenue:$1145.36Daily Rate (ADR):$114.17Occupancy:48.02%Regulation:Low
Rank:#88Market:Grande PrairieCountry:CanadaProperties:239Monthly Revenue:$954.08Daily Rate (ADR):$89.83Occupancy:49.42%Regulation:Low
Rank:#89Market:Saint JohnCountry:CanadaProperties:236Monthly Revenue:$1009.18Daily Rate (ADR):$94.97Occupancy:46.56%Regulation:Low
Rank:#90Market:PictonCountry:CanadaProperties:236Monthly Revenue:$2293.66Daily Rate (ADR):$246.08Occupancy:43.75%Regulation:Low
Rank:#91Market:Stoneham-et-TewkesburyCountry:CanadaProperties:236Monthly Revenue:$2281.71Daily Rate (ADR):$370.72Occupancy:30.58%Regulation:Low
Rank:#92Market:LethbridgeCountry:CanadaProperties:235Monthly Revenue:$1201.66Daily Rate (ADR):$96.66Occupancy:51.40%Regulation:Low
Rank:#93Market:Area A (Upper Flathead/Elk Valley)Country:CanadaProperties:235Monthly Revenue:$3085.51Daily Rate (ADR):$283.44Occupancy:44.34%Regulation:Low
Rank:#94Market:Area C (Puntledge/Black Creek)Country:CanadaProperties:235Monthly Revenue:$2400.40Daily Rate (ADR):$228.00Occupancy:48.20%Regulation:Low
Rank:#95Market:ChertseyCountry:CanadaProperties:234Monthly Revenue:$2357.87Daily Rate (ADR):$212.24Occupancy:41.31%Regulation:Low
Rank:#96Market:GravenhurstCountry:CanadaProperties:233Monthly Revenue:$2542.55Daily Rate (ADR):$322.55Occupancy:39.23%Regulation:Low
Rank:#97Market:PickeringCountry:CanadaProperties:231Monthly Revenue:$1088.34Daily Rate (ADR):$128.75Occupancy:43.79%Regulation:Low
Rank:#98Market:GuelphCountry:CanadaProperties:230Monthly Revenue:$969.71Daily Rate (ADR):$89.76Occupancy:47.41%Regulation:Low
Rank:#99Market:AjaxCountry:CanadaProperties:228Monthly Revenue:$862.86Daily Rate (ADR):$101.17Occupancy:40.95%Regulation:Low
Rank:#100Market:SaguenayCountry:CanadaProperties:225Monthly Revenue:$1143.79Daily Rate (ADR):$100.16Occupancy:48.76%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.

Maximize Your Airbnb Income in this market

Access granular Airbnb data and short term rental analytics. Understand Airbnb occupancy rates, ADR trends, and revenue potential. Optimize your pricing strategy!

Discover Market Insights