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AirDNA Data: CA Ontario Toronto

How is Toronto performing?

98

Great
Market Score

57

Rental Demand

93

Revenue Growth

55

Seasonality

36

Regulation

Annual Revenue

$10K

+3%

past year

Occupancy Rate

56%

+4%

past year

Average Daily Rate

$150.7

+3%

past year

Revenue per Available Rental (RevPAR)

$82.9

+6%

past year

Toronto Performance Details

Total available listings

23,091

+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 (61%)

91-180 nights (20%)

181-270 nights (10%)

271-365 nights (8%)

Listings by rental type

Type

Entire Home (66%)

Private Room (33%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (11.7%)

Moderate (65.0%)

Strict (23.2%)

Super Strict (0.1%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (14.4%)

3 Nights (6.4%)

4-6 Nights (3.4%)

7-29 Nights (43.0%)

30+ Nights (32.8%)

What amenities do listings have?

Internet

99%

Wireless Internet

99%

Aircon

93%

Kitchen

90%

Heating

89%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Corporate Stays
622.6%36
4.83
DelSuites
440.2%72
4.38
Sky View Suites
431.4%129
4.83
Inna Home
340.1%949
4.65
Sonder
32-0.1%1482
4.60

Occupancy

Occupancy Rate

56%

+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

$998,143

+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)

$56

+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

$56

-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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