Our approach to Toronto Airbnb management and short term rental property management is analytical, hospitality-driven, and owner-friendly. Guestable’s short term rental managers will ensure you and your property are in good hands. Our Airbnb property management service in Toronto is designed to allow hosts to benefit from this market without the day-to-day workload that comes with it.
short term rentals, and monthly executive rentals given its popularity both nationally and internationally. This popularity has experienced growth in recent years as more people choose to take short term and extended vacations in Toronto. Compared to other major population centres in the country, Toronto has a very favourable regulatory approach to vacation rentals due to the importance of tourism to its economic growth. The increase in remote work has also contributed to more people choosing to spend more time in Toronto. Guestable’s Airbnb management Toronto is heavily focused on enabling hosts to benefit from renting out their furnished properties without the consistent workload that comes with it.
Given the size of Toronto, there is demand for short term rentals throughout the many neighbourhoods of the beautiful city. In neighbourhoods with less demand, there tends to be a balancing effect of lower supply. This ensures consistent occupancy no matter where or when a host is renting. Demand in the downtown core is always the strongest due to proximity to restaurants, activities, and sites. Outside of the downtown core, neighbourhoods where tourism isn’t popular, have a lack of hotels. However, their hosts offer great hotel alternatives on sites like Airbnb and experience strong occupancy.
The City of Toronto has implemented its regulation framework for short term rentals booked on Airbnb and other platforms. The short term rental regulation is focused on all or part of a dwelling unit rented out for less than 28 days. The regulation permits licensed hosts to rent out an entire place for a $50 annual registration fee. This regulation does not apply to rentals for periods of 28 days or more. For any questions about the Toronto short term rental regulations or vacation rental license you can visit the city’s website or contact us.
Guestable has enabled Stephanie to rent out her home on Airbnb and other short term rental platforms without having to worry about day to day management.
Please provide more information about your property so we can provide you with a short term rental earnings estimate and a quote for our property management and Airbnb listing management services.