Airbnb in Toronto

According to Inside Airbnb data from June 3rd 2017, there are 12,714 Airbnb listings in Toronto, of which almost 2/3 (7,873 or 62%) are "Entire homes and apartments."

An estimated 3,090 (or more than a third) of entire homes have been rented recently and frequently - for more than 90 nights per year. These listings have an average occupancy rate of 55%, or 199 nights out of the year and estimated revenue of $2,240 per month.

More than a third of the listings (5,131 or 40%) are run by hosts with more than one listing, and more than two thousand of these (2,765) are entire homes.

The Law

Under current Ontario zoning bylaws, there are no regulations or restrictions that apply to short term rentals, however city officials are discussing the issue and the impact on the city.

Tenants however, could face eviction if they rent their leased apartment or home to short-term renters, in particular when they are doing so for a profit, against the bylaws of the building, or without the consent of their landlord.

Airbnb data for Toronto

Inside Airbnb

A conservative occupancy model has been built in order to estimate Occupancy Rates, Income per Month and Nights per Year. More information on the methodolgy of the occupancy model can be found in the disclaimers.

Inside Airbnb: Toronto uses the following parameters:

A high availability metric and filter of 90 nights per year to identify listings that are not available for residential housing.

metric and filter of to identify listings that are not available for residential housing. A frequently rented filter of 90 nights per year to identify listings that are not available for residential housing.

filter of to identify listings that are not available for residential housing. A review rate of 50% for the number of guests making a booking who leave a review

of for the number of guests making a booking who leave a review An average booking of 3 nights unless a higher minimum nights is configured for a listing

unless a higher minimum nights is configured for a listing A maximum occupancy rate of 70% to ensure the occupancy model does not produce artifically high results based on the available data

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Airbnb

Airbnb provides NO PUBLIC DATA to help understand the use of their platform and the impact on cities around the world.

Airbnb also provide NO DATA to cities or states to assist them in ensuring that Airbnb hosts and Airbnb are following the local laws.

Other data