Top 30 Best Places in Ontario, Canada to Invest in Airbnb & Short-Term Rentals (2025)

Source: AirROI

Last updated: 2025-06-01

Unlock high-ROI opportunities in Ontario, 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 Ontario, 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 Ontario, Canada for 2025.

Top Short-Term Rental Markets in Ontario, Canada

Rank:#1Market:TorontoCountry:CanadaProperties:11,231Monthly Revenue:$1382.08Daily Rate (ADR):$146.14Occupancy:46.68%Regulation:High
Rank:#2Market:OttawaCountry:CanadaProperties:1,948Monthly Revenue:$1065.60Daily Rate (ADR):$105.08Occupancy:46.94%Regulation:High
Rank:#3Market:MississaugaCountry:CanadaProperties:1,743Monthly Revenue:$886.91Daily Rate (ADR):$101.04Occupancy:43.95%Regulation:Moderate
Rank:#4Market:Niagara FallsCountry:CanadaProperties:1,161Monthly Revenue:$1547.72Daily Rate (ADR):$174.47Occupancy:39.62%Regulation:Low
Rank:#5Market:HamiltonCountry:CanadaProperties:1,016Monthly Revenue:$1021.15Daily Rate (ADR):$118.65Occupancy:43.10%Regulation:Low
Rank:#6Market:BramptonCountry:CanadaProperties:936Monthly Revenue:$632.88Daily Rate (ADR):$95.08Occupancy:38.08%Regulation:Low
Rank:#7Market:Richmond HillCountry:CanadaProperties:818Monthly Revenue:$899.74Daily Rate (ADR):$114.99Occupancy:40.41%Regulation:Low
Rank:#8Market:LondonCountry:CanadaProperties:719Monthly Revenue:$878.14Daily Rate (ADR):$88.64Occupancy:45.54%Regulation:Low
Rank:#9Market:The Blue MountainsCountry:CanadaProperties:645Monthly Revenue:$2568.94Daily Rate (ADR):$296.96Occupancy:35.03%Regulation:Low
Rank:#10Market:KitchenerCountry:CanadaProperties:573Monthly Revenue:$854.40Daily Rate (ADR):$86.63Occupancy:47.38%Regulation:Low
Rank:#11Market:Kawartha LakesCountry:CanadaProperties:557Monthly Revenue:$1998.14Daily Rate (ADR):$288.40Occupancy:36.50%Regulation:Low
Rank:#12Market:WindsorCountry:CanadaProperties:512Monthly Revenue:$911.88Daily Rate (ADR):$93.88Occupancy:46.13%Regulation:Low
Rank:#13Market:MarkhamCountry:CanadaProperties:474Monthly Revenue:$667.26Daily Rate (ADR):$86.31Occupancy:42.01%Regulation:Low
Rank:#14Market:Niagara-on-the-LakeCountry:CanadaProperties:435Monthly Revenue:$2896.39Daily Rate (ADR):$268.34Occupancy:41.60%Regulation:High
Rank:#15Market:Lambton ShoresCountry:CanadaProperties:405Monthly Revenue:$1842.45Daily Rate (ADR):$265.70Occupancy:36.29%Regulation:Moderate
Rank:#16Market:OakvilleCountry:CanadaProperties:402Monthly Revenue:$1124.84Daily Rate (ADR):$135.67Occupancy:43.54%Regulation:Low
Rank:#17Market:Muskoka Lakes TownshipCountry:CanadaProperties:390Monthly Revenue:$2514.94Daily Rate (ADR):$442.88Occupancy:37.24%Regulation:Low
Rank:#18Market:Prince EdwardCountry:CanadaProperties:388Monthly Revenue:$2427.51Daily Rate (ADR):$313.36Occupancy:41.05%Regulation:High
Rank:#19Market:WaterlooCountry:CanadaProperties:365Monthly Revenue:$683.91Daily Rate (ADR):$82.44Occupancy:43.27%Regulation:Low
Rank:#20Market:Wasaga BeachCountry:CanadaProperties:362Monthly Revenue:$1060.87Daily Rate (ADR):$227.96Occupancy:32.04%Regulation:Low
Rank:#21Market:InnisfilCountry:CanadaProperties:361Monthly Revenue:$1585.46Daily Rate (ADR):$216.56Occupancy:37.41%Regulation:Low
Rank:#22Market:Municipality of Northern Bruce PeninsulaCountry:CanadaProperties:355Monthly Revenue:$1861.01Daily Rate (ADR):$228.88Occupancy:43.44%Regulation:Moderate
Rank:#23Market:VaughanCountry:CanadaProperties:347Monthly Revenue:$832.32Daily Rate (ADR):$107.28Occupancy:40.32%Regulation:High
Rank:#24Market:BarrieCountry:CanadaProperties:327Monthly Revenue:$958.38Daily Rate (ADR):$121.17Occupancy:40.40%Regulation:Low
Rank:#25Market:KingstonCountry:CanadaProperties:326Monthly Revenue:$1513.94Daily Rate (ADR):$139.93Occupancy:50.62%Regulation:High
Rank:#26Market:HuntsvilleCountry:CanadaProperties:308Monthly Revenue:$2639.67Daily Rate (ADR):$282.11Occupancy:40.90%Regulation:Moderate
Rank:#27Market:Port ColborneCountry:CanadaProperties:307Monthly Revenue:$1245.39Daily Rate (ADR):$238.59Occupancy:38.84%Regulation:Low
Rank:#28Market:Greater SudburyCountry:CanadaProperties:298Monthly Revenue:$1209.65Daily Rate (ADR):$122.11Occupancy:48.27%Regulation:Low
Rank:#29Market:Thunder BayCountry:CanadaProperties:286Monthly Revenue:$1084.67Daily Rate (ADR):$91.40Occupancy:53.38%Regulation:Low
Rank:#30Market:Dysart et alCountry:CanadaProperties:268Monthly Revenue:$2633.67Daily Rate (ADR):$316.84Occupancy:41.46%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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All Markets in Ontario, Canada

(Old) OttawaAddington HighlandsAdjala–TosorontioAjaxAlfred and PlantagenetAlgonquin HighlandsAlnwick/HaldimandAmherstburgArmour TownshipAshfield–Colborne–WawanoshAsphodel-NorwoodAssiginack TownshipAuroraBancroftBarrieBayhamBellevilleBlenheimBloomfieldBluewaterBonfield TownshipBonnechere ValleyBracebridgeBradford West GwillimburyBramptonBrantfordBrightonBrockBrockvilleBurlingtonCaledonCaledoniaCallanderCambridgeCarleton PlaceCarling TownshipCarlow/MayoCarrying PlaceCavan-MonaghanCentral ElginCentral FrontenacCentral HuronCentral ManitoulinCentre HastingsCentre WellingtonChamplainChathamChatsworthChief'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 MillsMonoMulmurMunicipality of Northern Bruce PeninsulaMuskoka Lakes TownshipNew TecumsethNewmarketNiagara FallsNiagara-on-the-LakeNipissing TownshipNorth Algona WilberforceNorth BayNorth FrontenacNorth GrenvilleNorth KawarthaNortheastern 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 ValleyTecumsehTemagamiTemiskaming ShoresThe Archipelago TownshipThe Blue MountainsThoroldThunder 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