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

Source: AirROI

Last updated: 2025-09-01

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:10,846Monthly Revenue:$1566.91Daily Rate (ADR):$146.89Occupancy:47.64%Regulation:Low
Rank:#2Market:OttawaCountry:CanadaProperties:1,903Monthly Revenue:$1205.40Daily Rate (ADR):$107.17Occupancy:47.82%Regulation:Low
Rank:#3Market:MississaugaCountry:CanadaProperties:1,735Monthly Revenue:$967.54Daily Rate (ADR):$100.29Occupancy:43.48%Regulation:Low
Rank:#4Market:Niagara FallsCountry:CanadaProperties:1,105Monthly Revenue:$1725.58Daily Rate (ADR):$175.43Occupancy:38.79%Regulation:Low
Rank:#5Market:HamiltonCountry:CanadaProperties:969Monthly Revenue:$1139.66Daily Rate (ADR):$124.31Occupancy:43.49%Regulation:Low
Rank:#6Market:BramptonCountry:CanadaProperties:895Monthly Revenue:$757.62Daily Rate (ADR):$95.98Occupancy:38.08%Regulation:Low
Rank:#7Market:Richmond HillCountry:CanadaProperties:785Monthly Revenue:$1060.92Daily Rate (ADR):$115.69Occupancy:40.98%Regulation:Low
Rank:#8Market:LondonCountry:CanadaProperties:721Monthly Revenue:$947.92Daily Rate (ADR):$90.79Occupancy:45.34%Regulation:Low
Rank:#9Market:The Blue MountainsCountry:CanadaProperties:641Monthly Revenue:$2860.28Daily Rate (ADR):$299.97Occupancy:35.62%Regulation:Low
Rank:#10Market:KitchenerCountry:CanadaProperties:562Monthly Revenue:$953.50Daily Rate (ADR):$88.66Occupancy:47.43%Regulation:Low
Rank:#11Market:Kawartha LakesCountry:CanadaProperties:547Monthly Revenue:$2173.50Daily Rate (ADR):$291.01Occupancy:35.11%Regulation:Low
Rank:#12Market:WindsorCountry:CanadaProperties:525Monthly Revenue:$940.88Daily Rate (ADR):$90.83Occupancy:44.50%Regulation:Low
Rank:#13Market:MarkhamCountry:CanadaProperties:464Monthly Revenue:$685.21Daily Rate (ADR):$82.27Occupancy:41.24%Regulation:Low
Rank:#14Market:Niagara-on-the-LakeCountry:CanadaProperties:438Monthly Revenue:$3108.69Daily Rate (ADR):$277.67Occupancy:41.51%Regulation:Low
Rank:#15Market:Prince EdwardCountry:CanadaProperties:402Monthly Revenue:$2707.56Daily Rate (ADR):$323.16Occupancy:41.59%Regulation:Low
Rank:#16Market:Lambton ShoresCountry:CanadaProperties:400Monthly Revenue:$2082.99Daily Rate (ADR):$267.93Occupancy:35.54%Regulation:Low
Rank:#17Market:OakvilleCountry:CanadaProperties:399Monthly Revenue:$1264.25Daily Rate (ADR):$130.22Occupancy:43.40%Regulation:Low
Rank:#18Market:WaterlooCountry:CanadaProperties:372Monthly Revenue:$716.29Daily Rate (ADR):$82.35Occupancy:42.56%Regulation:Low
Rank:#19Market:InnisfilCountry:CanadaProperties:365Monthly Revenue:$1796.78Daily Rate (ADR):$217.73Occupancy:36.76%Regulation:Low
Rank:#20Market:Municipality of Northern Bruce PeninsulaCountry:CanadaProperties:365Monthly Revenue:$2151.55Daily Rate (ADR):$236.22Occupancy:42.80%Regulation:Low
Rank:#21Market:Muskoka Lakes TownshipCountry:CanadaProperties:365Monthly Revenue:$2599.82Daily Rate (ADR):$439.83Occupancy:34.79%Regulation:Low
Rank:#22Market:Wasaga BeachCountry:CanadaProperties:343Monthly Revenue:$1168.99Daily Rate (ADR):$228.95Occupancy:30.45%Regulation:Low
Rank:#23Market:VaughanCountry:CanadaProperties:338Monthly Revenue:$963.26Daily Rate (ADR):$105.70Occupancy:42.01%Regulation:Low
Rank:#24Market:BarrieCountry:CanadaProperties:327Monthly Revenue:$1062.79Daily Rate (ADR):$119.14Occupancy:40.59%Regulation:Low
Rank:#25Market:HuntsvilleCountry:CanadaProperties:312Monthly Revenue:$2817.56Daily Rate (ADR):$287.76Occupancy:40.40%Regulation:Low
Rank:#26Market:Greater SudburyCountry:CanadaProperties:301Monthly Revenue:$1280.42Daily Rate (ADR):$120.11Occupancy:47.85%Regulation:Low
Rank:#27Market:Thunder BayCountry:CanadaProperties:301Monthly Revenue:$1192.40Daily Rate (ADR):$96.04Occupancy:52.66%Regulation:Low
Rank:#28Market:KingstonCountry:CanadaProperties:297Monthly Revenue:$1741.79Daily Rate (ADR):$142.28Occupancy:51.72%Regulation:Low
Rank:#29Market:Port ColborneCountry:CanadaProperties:290Monthly Revenue:$1335.91Daily Rate (ADR):$241.72Occupancy:35.09%Regulation:Low
Rank:#30Market:St. CatharinesCountry:CanadaProperties:272Monthly Revenue:$1806.47Daily Rate (ADR):$161.81Occupancy:45.17%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 Ontario. Use this data to build powerful analytics tools, discover investment opportunities, and inform your vacation rental strategy.

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All Markets in Ontario, Canada

(Old) OttawaAddington HighlandsAdjala–TosorontioAjaxAlgonquin HighlandsAlnwick/HaldimandAmherstburgArmour TownshipAshfield–Colborne–WawanoshAssiginack TownshipAuroraBancroftBarrieBayhamBeckwithBellevilleBlenheimBloomfieldBluewaterBonfield TownshipBonnechere ValleyBracebridgeBradford West GwillimburyBramptonBrantfordBrightonBrockBrockvilleBurlingtonCaledonCaledoniaCallanderCambridgeCarleton PlaceCarling TownshipCarlow/MayoCarrying PlaceCavan-MonaghanCentral ElginCentral FrontenacCentral HuronCentral ManitoulinCentre HastingsCentre WellingtonChamplainChathamChatsworthCherry ValleyChief's PointClarence-RocklandClaringtonClearviewCobourgCollingwoodConseconCornwallCramaheDistrict Municipality of MuskokaDouro-DummerDrummond-North ElmsleyDunnvilleDysart et alEast GwillimburyEdwardsburgh/CardinalElliot LakeErinEssaFaradayFort ErieFrench RiverFrontenac IslandsGananoqueGeorgetownGeorgian Bay TownshipGeorgian BluffsGeorginaGoderichGravenhurstGreater MadawaskaGreater NapaneeGreater SudburyGreenstoneGrey HighlandsGrimsbyGuelphHamiltonHamilton 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 GlengarryNorth 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 DundasSouth FrontenacSouth GlengarrySouthamptonSouthgateSpringwaterSt. CatharinesSt. ClairSt. ThomasStone MillsStratfordStrathroy-CaradocStrong 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