Canoe Cove Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Prince Edward Island, Canada
Is Airbnb profitable in Canoe Cove in 2025? Explore comprehensive Airbnb analytics for Canoe Cove, Prince Edward Island, Canada to uncover income potential. This 2025 STR market report for Canoe Cove, based on AirROI data from October 2024 to September 2025, reveals key trends in the niche market of 18 active listings.
Whether you're considering an Airbnb investment in Canoe Cove, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Canoe Cove Airbnb data is crucial. Navigating the high regulation landscape is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key Canoe Cove Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Canoe Cove (2025)
Understanding the monthly revenue variations for Airbnb listings in Canoe Cove is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Canoe Cove is typically August, while March often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Canoe Cove across different performance tiers:
- Best-in-class properties (Top 10%) achieve $4,978+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $3,270 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $2,161 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $1,689, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Canoe Cove
Canoe Cove Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Canoe Cove STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Aprilsees the highest demand (peak season occupancy), while March experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Canoe Cove:
- Best-in-class properties (Top 10%) achieve 72%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 53% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 40%.
- Entry-level properties (Bottom 25%) average 26% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Canoe Cove
Average Daily Rate (ADR) Airbnb Trends in Canoe Cove (2025)
Effective short term rental pricing strategy in Canoe Cove involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Canoe Cove typically peaks in July and dips lowest during October. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $272+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $241 or more.
- Typical properties (Median) charge around $207 per night.
- Entry-level properties (Bottom 25%) earn around $156 per night.
Average Daily Rate (ADR) Trend by Month in Canoe Cove
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Airbnb Seasonality Analysis & Trends in Canoe Cove (2025)
Peak Season (August, July, April)
- Revenue averages $4,925 per month
- Occupancy rates average 73.9%
- Daily rates average $211
Shoulder Season
- Revenue averages $1,894 per month
- Occupancy maintains around 33.4%
- Daily rates hold near $198
Low Season (January, February, March)
- Revenue drops to average $45 per month
- Occupancy decreases to average 1.1%
- Daily rates adjust to average $200
Seasonality Insights for Canoe Cove
- The Airbnb seasonality in Canoe Cove shows highly seasonal trends requiring careful strategy. While the sections above show seasonal averages, it's also insightful to look at the extremes:
- During the high season, the absolute peak month showcases Canoe Cove's highest earning potential, with monthly revenues capable of climbing to $5,345, occupancy reaching a high of 75.8%, and ADRs peaking at $220.
- Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $0, occupancy could drop to 0.0%, and ADRs may adjust down to $190.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Canoe Cove.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
- Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
- Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
- Regularly analyze your own performance against these Canoe Cove seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Canoe Cove (2025)
Exploring the top neighborhoods for short-term rentals in Canoe Cove? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| Canoe Cove Beach | Beautiful sandy beach area popular with families and beachgoers during the summer months. Perfect for guests looking for a relaxing seaside experience. | Canoe Cove Beach, Biking Trails, Nearby kayak rentals, Sunset views, Sand dunes |
| Charlottetown | The capital city of Prince Edward Island with rich history and culture. A vibrant area for tourists to explore local shops, dining, and entertainment. | Confederation Centre of the Arts, Victoria Row, Charlottetown Waterfront, Historic Sites, Beach access nearby |
| Brackley Beach | Known for its stunning natural beauty and proximity to Greenbelt National Park, making it ideal for outdoor enthusiasts and those looking to enjoy nature. | Brackley Beach, Green Gables House, National Park trails, Outdoor facilities, Picnic areas |
| Stanley Bridge | A charming small community that offers scenic views of the river and access to local seafood. Popular for its tranquil surroundings. | Stanley Bridge Marina, Seafood restaurants, Local markets, Fishing spots, Cycling paths |
| Cavendish | Tourist hotspot known for its attractions related to Anne of Green Gables, making it a must-visit for literary fans and families. | Green Gables House, Cavendish Beach, Amusement parks, Local artisans, Nature trails |
| North Rustico | A picturesque fishing village with stunning coastal landscapes. Great for tourists wanting to experience local culture and fresh seafood. | North Rustico Harbour, Fisherman’s Wharf, Beach access, Seafood dining, Boardwalk |
| Souris | A charming seaside town known for its history and vibrant arts community. Perfect for travelers looking for a mix of culture and relaxation. | Souris Lighthouse, Local art galleries, Beaches, Souris Harbour, Whale watching tours |
| Montague | A small town with a rich maritime history and picturesque waterfront, ideal for visitors who appreciate tranquility and nature. | Montague Marina, Historic buildings, Nature trails, Local shops, River walks |
Understanding Airbnb License Requirements & STR Laws in Canoe Cove (2025)
Yes, Canoe Cove, Prince Edward Island, Canada enforces high STR regulations. Obtaining a license and ensuring compliance is almost certainly required according to current 2025 STR laws. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Canoe Cove to ensure full compliance before hosting.
(Source: AirROI data, 2025, based on 78% licensed listings)
Top Performing Airbnb Properties in Canoe Cove (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Canoe Covebased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
The Pacifico; a south shore gem.
Entire Place • 3 bedrooms
Kelly's Canoe Cove Cottage
Entire Place • 2 bedrooms
Canoe Cove Beach House
Entire Place • 3 bedrooms
G&T Adventures Sunset View Cottage
Entire Place • 3 bedrooms
Cottage in Canoe Cove
Entire Place • 3 bedrooms
Blue Skies Cottage - Canoe Cove
Entire Place • 3 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Canoe Cove (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Canoe Cove based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Angela | 1 | $49,689 | 30 | 4.93/5.0 |
| Mark | 1 | $36,734 | 21 | 4.86/5.0 |
| John And Cherie | 1 | $32,656 | 84 | 4.96/5.0 |
| Sherilyn & Guy | 1 | $28,129 | 9 | 5.00/5.0 |
| Sam | 1 | $24,618 | 45 | 4.96/5.0 |
| Sharon | 2 | $23,210 | 114 | 4.94/5.0 |
| Carolyn | 1 | $21,121 | 73 | 4.97/5.0 |
| Susan | 1 | $18,630 | 39 | 4.85/5.0 |
| Wendy | 1 | $17,928 | 36 | 4.97/5.0 |
| Deborah | 1 | $15,861 | 3 | 5.00/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Canoe Cove.
Dive Deeper: Advanced Canoe Cove STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Canoe Cove. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsCanoe Cove Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Canoe Cove
- The Canoe Cove Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 100% of the 18 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Canoe Cove, House properties are the most common (88.9%), reflecting the local real estate landscape.
- Houses represent a significant 88.9% portion, catering likely to families or larger groups.
Canoe Cove Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Canoe Cove
- The dominant room capacity in Canoe Cove is 3 bedrooms listings, making up 50% of the market. This suggests a strong demand for properties suitable for families or small groups.
- Together, 3 bedrooms and 2 bedrooms properties represent 83.3% of the active Airbnb listings in Canoe Cove, indicating a high concentration in these sizes.
- A significant 55.6% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Canoe Cove.
Canoe Cove Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Canoe Cove
- The most common guest capacity trend in Canoe Cove vacation rentals is listings accommodating 6 guests (38.9%). This suggests the primary traveler segment is likely larger groups.
- Properties designed for 6 guests and 4 guests dominate the Canoe Cove STR market, accounting for 77.8% of listings.
- 61.2% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Canoe Cove.
- On average, properties in Canoe Cove are equipped to host 5.5 guests.
Canoe Cove Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Canoe Cove
- The most common availability pattern in Canoe Cove falls within the 271-366 days range, representing 55.6% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 100.0% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 91-180 days range is most frequent in Canoe Cove (44.4%), reflecting common guest stay durations or potential owner blocking patterns.
Canoe Cove Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
2 Nights
1 listings
5.6% of total
3 Nights
2 listings
11.1% of total
4-6 Nights
5 listings
27.8% of total
7-29 Nights
2 listings
11.1% of total
30+ Nights
8 listings
44.4% of total
Key Insights
- The most prevalent minimum stay requirement in Canoe Cove is 30+ Nights, adopted by 44.4% of listings. This highlights the market's preference for longer commitments.
- Very short stays (1-2 nights) are less common (5.6%), suggesting hosts prefer slightly longer bookings to optimize turnover.
- A significant segment (44.4%) caters to monthly stays (30+ nights) in Canoe Cove, pointing to opportunities in the extended-stay market.
Recommendations
- Align with the market by considering a 30+ Nights minimum stay, as 44.4% of Canoe Cove hosts use this setting.
- Explore offering discounts for stays of 30+ nights to attract the 44.4% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Canoe Cove.
Canoe Cove Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
2 listings
11.1% of total
Moderate
4 listings
22.2% of total
Firm
11 listings
61.1% of total
Strict
1 listings
5.6% of total
Cancellation Policy Insights for Canoe Cove
- The prevailing Airbnb cancellation policy trend in Canoe Cove is Firm, used by 61.1% of listings.
- A majority (66.7%) of hosts in Canoe Cove utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.
- Strict cancellation policies are quite rare (5.6%), potentially making listings with this policy less competitive unless justified by high demand or property type.
Recommendations for Hosts
- Consider adopting a Firm policy to align with the 61.1% market standard in Canoe Cove.
- Using a Strict policy might deter some guests, as only 5.6% of listings use it. Evaluate if potential revenue protection outweighs possible lower booking rates.
- Regularly review your cancellation policy against competitors and market demand shifts in Canoe Cove.
Canoe Cove STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Canoe Cove
- The overall average booking lead time for vacation rentals in Canoe Cove is 107 days.
- Guests book furthest in advance for stays during March (average 263 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in February (average 0 days), indicating more last-minute travel plans during this time.
- Seasonally, Spring (191 days avg.) sees the longest lead times, while Winter (0 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (107 days) as a baseline for your pricing and availability strategy in Canoe Cove.
- For March stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 263 days out to capitalize on advance planning.
- During February, focus on last-minute booking availability and promotions, as guests book with very short notice (0 days avg.).
- Target marketing efforts for the Spring season well in advance (at least 191 days) to capture early planners.
- Monitor your own booking lead times against these Canoe Cove averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Canoe Cove (2025)
Amenity Prevalence
No amenities with partial availability (less than 100%) were found to display in the chart. All essential amenities might be present in all listings. Check insights below.
Amenity Insights for Canoe Cove
- Essential amenities in Canoe Cove that guests expect include: Dishes and silverware, Wifi, Baking sheet, Kitchen, Hot water, Cooking basics, Heating, Refrigerator, Smoke alarm, Free parking on premises. Lacking these (any) could significantly impact bookings.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Canoe Cove: Dishes and silverware, Wifi, Baking sheet, Kitchen, Hot water, Cooking basics, Heating, Refrigerator, Smoke alarm, Free parking on premises.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in Canoe Cove to stay competitive.
Canoe Cove Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Canoe Cove
- The typical guest profile for Airbnb in Canoe Cove consists of primarily domestic travelers (71%), often arriving from nearby Toronto, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or French.
- Domestic travelers account for 70.8% of guests.
- Key international markets include Canada (70.8%) and United States (24.6%).
- Top languages spoken are English (69.6%) followed by French (26.1%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Target domestic marketing efforts towards travelers from Toronto and Montreal.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.
Nearby Short-Term Rental Market Comparison
How does the Canoe Cove Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Granville | 10 | $3,045 | $289.17 | 52% |
| Bayhead | 12 | $2,728 | $251.21 | 49% |
| Hillsborough | 11 | $2,595 | $150.15 | 57% |
| Wentworth | 22 | $2,563 | $250.32 | 43% |
| Port Williams | 17 | $2,397 | $254.07 | 48% |
| Augustine Cove | 23 | $2,395 | $219.94 | 52% |
| Long River | 17 | $2,387 | $224.68 | 49% |
| Oyster Bed Bridge | 10 | $2,232 | $183.92 | 63% |
| Cape Traverse | 21 | $2,206 | $317.56 | 34% |
| Halls Harbour | 18 | $2,162 | $209.96 | 48% |