Top 30 Best Places in Ontario, Canada to Invest in Airbnb & Short-Term Rentals (2026)

Source: AirROI

Last updated: 2026-02-01

Unlock high-ROI opportunities in Ontario, Canada‘s booming short-term rental (STR) market. This 2026 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 2026.

Top Short-Term Rental Markets in Ontario, Canada

Rank:#1Market:TorontoCountry:CanadaProperties:10,326Monthly Revenue:$1592.68Daily Rate (ADR):$148.61Occupancy:47.73%Regulation:High
Rank:#2Market:OttawaCountry:CanadaProperties:1,767Monthly Revenue:$1262.02Daily Rate (ADR):$110.67Occupancy:48.26%Regulation:High
Rank:#3Market:MississaugaCountry:CanadaProperties:1,640Monthly Revenue:$1069.19Daily Rate (ADR):$109.37Occupancy:43.52%Regulation:Moderate
Rank:#4Market:Niagara FallsCountry:CanadaProperties:1,099Monthly Revenue:$1814.86Daily Rate (ADR):$181.45Occupancy:39.68%Regulation:Low
Rank:#5Market:HamiltonCountry:CanadaProperties:889Monthly Revenue:$1199.12Daily Rate (ADR):$128.98Occupancy:43.26%Regulation:Low
Rank:#6Market:BramptonCountry:CanadaProperties:806Monthly Revenue:$865.65Daily Rate (ADR):$103.27Occupancy:38.12%Regulation:Low
Rank:#7Market:Richmond HillCountry:CanadaProperties:732Monthly Revenue:$1228.87Daily Rate (ADR):$135.35Occupancy:43.25%Regulation:Low
Rank:#8Market:LondonCountry:CanadaProperties:731Monthly Revenue:$1001.50Daily Rate (ADR):$100.47Occupancy:43.55%Regulation:Low
Rank:#9Market:The Blue MountainsCountry:CanadaProperties:654Monthly Revenue:$3046.29Daily Rate (ADR):$308.26Occupancy:36.71%Regulation:Low
Rank:#10Market:WindsorCountry:CanadaProperties:540Monthly Revenue:$933.88Daily Rate (ADR):$98.99Occupancy:40.86%Regulation:Low
Rank:#11Market:Kawartha LakesCountry:CanadaProperties:528Monthly Revenue:$2274.75Daily Rate (ADR):$296.57Occupancy:36.52%Regulation:Low
Rank:#12Market:KitchenerCountry:CanadaProperties:520Monthly Revenue:$1067.22Daily Rate (ADR):$98.48Occupancy:45.78%Regulation:Low
Rank:#13Market:Niagara-on-the-LakeCountry:CanadaProperties:441Monthly Revenue:$3266.19Daily Rate (ADR):$287.63Occupancy:42.51%Regulation:High
Rank:#14Market:Prince EdwardCountry:CanadaProperties:440Monthly Revenue:$2925.15Daily Rate (ADR):$324.35Occupancy:43.68%Regulation:High
Rank:#15Market:MarkhamCountry:CanadaProperties:420Monthly Revenue:$817.16Daily Rate (ADR):$102.16Occupancy:42.14%Regulation:Low
Rank:#16Market:OakvilleCountry:CanadaProperties:385Monthly Revenue:$1309.89Daily Rate (ADR):$135.07Occupancy:45.04%Regulation:Low
Rank:#17Market:Lambton ShoresCountry:CanadaProperties:380Monthly Revenue:$2307.79Daily Rate (ADR):$273.37Occupancy:37.98%Regulation:Moderate
Rank:#18Market:Municipality of Northern Bruce PeninsulaCountry:CanadaProperties:349Monthly Revenue:$2356.63Daily Rate (ADR):$240.71Occupancy:44.46%Regulation:Moderate
Rank:#19Market:InnisfilCountry:CanadaProperties:344Monthly Revenue:$1955.72Daily Rate (ADR):$228.03Occupancy:38.71%Regulation:Low
Rank:#20Market:Wasaga BeachCountry:CanadaProperties:342Monthly Revenue:$1228.85Daily Rate (ADR):$233.81Occupancy:31.70%Regulation:Low
Rank:#21Market:Muskoka Lakes TownshipCountry:CanadaProperties:337Monthly Revenue:$2968.32Daily Rate (ADR):$438.98Occupancy:36.75%Regulation:Low
Rank:#22Market:WaterlooCountry:CanadaProperties:321Monthly Revenue:$770.72Daily Rate (ADR):$85.02Occupancy:41.07%Regulation:Low
Rank:#23Market:BarrieCountry:CanadaProperties:317Monthly Revenue:$1144.62Daily Rate (ADR):$128.46Occupancy:40.53%Regulation:Low
Rank:#24Market:VaughanCountry:CanadaProperties:316Monthly Revenue:$1089.06Daily Rate (ADR):$108.06Occupancy:43.38%Regulation:High
Rank:#25Market:HuntsvilleCountry:CanadaProperties:313Monthly Revenue:$3121.13Daily Rate (ADR):$293.06Occupancy:42.75%Regulation:Moderate
Rank:#26Market:Thunder BayCountry:CanadaProperties:303Monthly Revenue:$1332.00Daily Rate (ADR):$102.16Occupancy:51.67%Regulation:Low
Rank:#27Market:KingstonCountry:CanadaProperties:292Monthly Revenue:$1773.48Daily Rate (ADR):$144.80Occupancy:50.70%Regulation:High
Rank:#28Market:Port ColborneCountry:CanadaProperties:290Monthly Revenue:$1512.68Daily Rate (ADR):$250.41Occupancy:39.10%Regulation:Low
Rank:#29Market:Greater SudburyCountry:CanadaProperties:287Monthly Revenue:$1392.56Daily Rate (ADR):$133.47Occupancy:47.38%Regulation:Low
Rank:#30Market:St. CatharinesCountry:CanadaProperties:278Monthly Revenue:$1977.95Daily Rate (ADR):$184.61Occupancy:44.14%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 GwillimburyBramptonBrantfordBrightonBrockBrockvilleBrudenell, Lyndoch and RaglanBurlingtonCaledonCaledoniaCallanderCambridgeCarleton PlaceCarling TownshipCarlow/MayoCarrying PlaceCentral ElginCentral FrontenacCentral HuronCentral ManitoulinCentre HastingsCentre WellingtonChamplainChathamChatsworthCherry ValleyChief's PointClarence-RocklandClaringtonClearviewCobourgCollingwoodConseconCornwallCramaheDistrict Municipality of MuskokaDouro-DummerDrummond-North ElmsleyDunnvilleDysart et alEast GwillimburyElliot LakeErinEssaFaradayFort ErieFrench RiverFrontenac IslandsGananoqueGeorgetownGeorgian Bay TownshipGeorgian BluffsGeorginaGoderichGrand BendGravenhurstGreater MadawaskaGreater NapaneeGreater SudburyGreenstoneGrey HighlandsGrimsbyGuelphHamiltonHamilton TownshipHastings HighlandsHavelock-Belmont-MethuenHighlands EastHuntsvilleHuron-KinlossIngersollInnisfilKawartha LakesKearneyKenoraKillaloe, Hagarty and RichardsKincardineKingKingstonKingsvilleKitchenerLake of BaysLake 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 EdwardQuinte WestRamara TownshipRichmond HillRideau LakesRyerson TownshipSarniaSauble BeachSault Ste. MarieScugogSeguin TownshipSelkirkSelwynSevernShanty BayShuniahSimcoeSioux LookoutSioux Narrows-Nestor Falls TownshipSouth Algonquin TownshipSouth Bruce PeninsulaSouth FrontenacSouth GlengarrySouthamptonSpringwaterSt. 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 BeachWaterlooWellandWellingtonWest GreyWest NipissingWheatleyWhitbyWhitchurch-StouffvilleWhitestoneWhitewater RegionWiartonWindsorWollastonWoodstockWoolwich