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AirDNA Data: CA Ontario Toronto

How is Toronto performing?

99

Great
Market Score

61

Rental Demand

96

Revenue Growth

55

Seasonality

34

Regulation

Annual Revenue

$10.6K

+3%

past year

Occupancy Rate

57%

+4%

past year

Average Daily Rate

$153.4

+3%

past year

Revenue per Available Rental (RevPAR)

$85.4

+6%

past year

Toronto Performance Details

Total available listings

22,884

+3%

past year

Listings by rental channel

Channel

Airbnb (89%)

Vrbo (3%)

Both (8%)

Listings by rental size

Bedrooms

1 Bedroom (66%)

2 Bedroom (22%)

3 Bedroom (9%)

4 Bedroom (2%)

5+ Bedroom (1%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (60%)

91-180 nights (20%)

181-270 nights (11%)

271-365 nights (9%)

Listings by rental type

Type

Entire Home (66%)

Private Room (33%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (11.6%)

Moderate (67.1%)

Strict (21.2%)

Super Strict (0.1%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (14.5%)

3 Nights (6.5%)

4-6 Nights (3.3%)

7-29 Nights (42.2%)

30+ Nights (33.4%)

What amenities do listings have?

Internet

99%

Wireless Internet

99%

Aircon

92%

Kitchen

90%

Heating

89%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Corporate Stays
622.6%37
4.84
DelSuites
480.2%70
4.37
Sky View Suites
430.7%131
4.82
Inna Home
340.1%953
4.65
Sonder
320.0%1520
4.60

Occupancy

Occupancy Rate

57%

+5%

past year

Booking lead time
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Length of stay
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$1,059,096

+5%

past year

How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$57

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What was the average daily rate?

Average daily rate over the last 5 years

-3%

past year

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$57

-7%

past year

Weekend revenue per available rental (RevPAR)
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
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