Can I Airbnb My Condo in Toronto? 2026 Rules for Condo Owners

Can I Airbnb my condo in Toronto 2026 guide

Short answer: yes — but only if two separate gates both open. Gate one is the City of Toronto: the condo must be your principal residence, you must hold a City short-term rental registration, and you must stay inside the 180-night cap for whole-unit rentals. Gate two is your condo corporation: its declaration, bylaws, and rules can prohibit short-term rentals outright, and a City registration does not override them. The 2025 version of this guide quoted a $375 registration fee, a 4% accommodation tax, and Airbnb’s old 3% host fee. All three numbers are gone in 2026. This refreshed guide uses the current figures throughout: a $390 registration, a 6% Municipal Accommodation Tax, and Airbnb’s single 15.5% host-only fee.

TL;DR

  • You can Airbnb a Toronto condo only if it is your principal residence — the home you actually live in. Investment condos and second homes cannot be rented for stays under 28 nights.
  • You must register with the City first: $390 to register and $390 to renew in 2026, non-refundable, and your registration number (format STR-0000-XXXXXX) must appear on every listing.
  • Your condo board is a second, separate gate. The declaration, bylaws, or rules can ban short-term rentals or set a minimum lease term that makes them impossible. Check before you pay the $390 — the City fee is not refunded if your building says no.
  • Renting the whole unit is capped at 180 nights per calendar year, counted across all platforms combined. Renting bedrooms while you live there (partial-unit) has no night cap, but a one-bedroom condo cannot use the partial route at all.
  • The old money math is dead: Airbnb now takes a 15.5% host-only fee on the subtotal including your cleaning fee, Toronto’s Municipal Accommodation Tax is 6% again since August 1, 2026, and 13% HST applies on top.
  • Toronto’s market median (AirROI, 12 months to October 2026): $160 median nightly rate, 47% occupancy across 10,945 listings. A well-run one-bedroom in an Airbnb-friendly building can beat that; a building that bans hosting earns $0 from short stays, and the legal fallback is a 28+ night mid-term rental.

Contents

The short answer: two gates, both must open

“Can I Airbnb my condo in Toronto?” is really two questions wearing one coat.

Question one — does the City allow it? Toronto’s short-term rental bylaw (Municipal Code Chapter 547) allows short-term rentals only in a host’s principal residence, only after the host registers with the City, and only for stays of less than 28 consecutive nights at a time. If the condo is not where you live — a second home, a pied-à-terre, a pure investment unit — the answer from the City is no, full stop. There is no application, fee, or corporate structure that changes this.

Question two — does your building allow it? Every condominium corporation in Ontario governs its units through a declaration, bylaws, and rules. Those documents can prohibit short-term rentals entirely or set a minimum lease term (six months and twelve months are both common) that no Airbnb stay can meet. The City has no power to override your condo corporation, and your condo corporation has no power to waive the City’s rules. You need both yeses.

This is why the order of operations matters. Check the building first — it costs nothing but a document request — and only then pay the City’s non-refundable $390 registration fee. Owners who reverse that order donate $390 to the City for a registration they can never use.

If both gates open, the rest of this guide walks through exactly what hosting involves in 2026: the registration itself, the real cost stack after Airbnb’s fee change, what a condo actually earns at current market medians, and the duties that continue after your first guest checks out. If either gate is closed, skip to the legal alternatives — a 28-night-or-longer rental sits completely outside the short-term rental bylaw, and for many investment condos it is the right answer.

Gate one: the City of Toronto rules (Chapter 547)

Toronto’s rules live in one place: Municipal Code Chapter 547, Licensing and Registration of Short-Term Rentals. They apply to every platform — Airbnb, Vrbo, Booking.com, and direct bookings all count the same way — and to every dwelling type. A condo gets no special treatment and no special exemption.

What counts as a short-term rental. Renting all or part of a dwelling unit for less than 28 consecutive nights in exchange for payment. A stay of 28 nights or longer is not a short-term rental under the bylaw at all — no registration, no night cap, and no Municipal Accommodation Tax. That 28-night line is the single most important number in Toronto hosting, and it comes back in almost every section of this guide.

Principal residence only. You may only short-term rent the home you ordinarily live in — the address you use for bills, identification, taxes, and insurance. There is exactly one registration per dwelling unit and one principal residence per operator. A secondary suite or laneway suite can be registered only if that suite is itself your principal residence. Owners sometimes ask whether a spouse, a corporation, or a family member “living there on paper” fixes an investment unit. It does not: the City tests where the operator actually lives, asks for documents to prove it (see the registration steps below), and can inspect.

Registration before you host. Operating without a registration is itself an offence. Registration costs $390 in 2026 and renewal costs another $390, payable by credit card only and non-refundable even if the City refuses you. It lasts one year from approval. Your registration number, in the format STR-0000-XXXXXX, must appear on every listing and advertisement and on every invoice, contract, and receipt connected with the rental. Platforms validate numbers against the City’s data and can remove listings that do not carry a valid one. The full rulebook — fees, renewal timing, late fees, and filing duties — is in our Toronto Airbnb regulations guide and the step-by-step Toronto Airbnb licensing guide.

Who can register. You must be 18 or older. Tenants can register a unit they rent — but a City registration is not landlord consent. A tenant who hosts without the owner’s written permission is exposed on two fronts at once: the City file and the tenancy itself. Get the consent first, in writing.

The tax stack. Guests pay a 6% Municipal Accommodation Tax (MAT) on stays under 28 nights — the rate returned to 6% on August 1, 2026, after a temporary 8.5% rate that ran from June 1, 2025 to July 31, 2026. Hosts file a MAT report every quarter, within 30 days of the quarter’s end, even in a quarter with no rentals; interest runs at 1.25% per month on overdue amounts. 13% HST also applies, charged on the price including the MAT. And once your worldwide taxable supplies pass $30,000 in a quarter or over four consecutive quarters, you must register for GST/HST yourself — our Airbnb HST registration guide works through that threshold, which a median Toronto listing crosses in under a year.

Entire unit vs. partial unit: pick one for the whole term

When you register, you choose one rental type, and the choice is locked for the full registration term. You can only switch at renewal.

Entire unit means guests get the whole condo and you are not there. It is capped at 180 nights per calendar year, resetting on January 1 — not on your registration anniversary — and counted across every platform and direct booking combined. This is the only route available for a typical one-bedroom condo, and the cap is a hard planning constraint: 180 nights is 49.3% of the year, so an entire-unit listing can never legally exceed about half occupancy on short stays. Our 180-night rule guide covers how to plan the cap across the seasons.

Partial unit means you rent bedrooms in the home while you continue to live there — up to three bedrooms, with no night cap. Two catches catch condo owners out. First, the one-fewer rule: you may rent at most one fewer bedroom than the home has in total, so a two-bedroom condo can rent one bedroom, a three-bedroom can rent two — and a one-bedroom condo cannot register as partial at all, because there is no spare bedroom that leaves you one of your own. Second, you can never hand over the whole unit under a partial registration, not even for a weekend.

Switching does not reset the count. If you change from partial to entire at renewal, the nights you already rented as partial in that calendar year count toward the 180. The City’s own example: 150 nights rented as a partial unit leaves only 30 entire-unit nights for the rest of that year. The partial-unit registration guide walks through the switching arithmetic in full.

For most condo owners reading this page, the practical picture is simple: your unit will be an entire-unit registration, your ceiling is 180 short-stay nights a year, and stays of 28 nights or longer — which use none of those nights — are how you fill the rest of the calendar. That hybrid pattern is covered in our hybrid short-term and mid-term strategy guide.

Gate two: your condo corporation can say no

City Hall is only half the decision. Under Ontario’s Condominium Act, your corporation’s declaration, bylaws, and rules govern how your unit can be used, and most Toronto corporations have something to say about short-term rentals. The patterns you will actually find:

  • Outright prohibition. The declaration or rules ban rentals shorter than a set period, or ban “transient” or “hotel-style” occupancy altogether. This is the most common position in newer downtown towers.
  • Minimum lease term. Nothing mentions Airbnb by name — instead the rules require any lease to run at least six months, or twelve. Every Airbnb stay breaches it. This quiet version blocks just as completely as a named ban.
  • Permission with conditions. Some buildings allow short-term rentals but regulate them: guests registered with concierge, no guest access to the gym, pool, or party room, parking restrictions, move-in/move-out style elevator bookings for longer stays, or a building registration form per stay.
  • Silence. Older buildings sometimes have no short-term rental rule at all. Silence is permission for now — but a corporation can pass a new rule with proper process, and a rule change can end your hosting mid-year with your City registration fee already spent.

A City registration does not override any of this. The City says so in its own operator materials: it is the operator’s job to make sure the condo’s rules allow the rental. Hosts who list anyway typically hear about it in an expensive order: a compliance letter from the corporation’s lawyer (whose cost is commonly charged back to the unit), a chargeback on the unit ledger, and, if hosting continues, a court or arbitration process with the corporation’s legal costs in play. Compared with that, the City’s fines are the smaller problem.

The reverse is also true: your board’s permission does not waive a single City rule. A building full of Airbnb listings tells you nothing about whether any individual host is registered — and “everyone in the building does it” has never been a defence with either the City or the corporation. For the building-level rules in depth — what boards can and cannot do, and how declarations differ from rules — see our Toronto condo Airbnb board rules guide.

One more layer catches owners of tenanted condos: if you are a landlord with a long-term tenant in the unit, your tenant’s lease and the Residential Tenancies Act govern what can happen in the unit. You cannot Airbnb a unit someone else holds under a lease, and your tenant cannot Airbnb it without your written consent.

How to check whether your building allows Airbnb, step by step

Do this before you register, before you furnish, and definitely before you pay the City anything. It takes one document request and one careful read.

Step 1 — Get the documents. Ask your property management company for the corporation’s current declaration, bylaws, and rules. If you are buying, or want the complete package, order a status certificate under section 76 of the Condominium Act: the corporation must deliver it within 10 days, and the fee is capped at $100 including taxes. The status certificate bundles the declaration, bylaws, and rules with the corporation’s financial and legal picture — for a purchase decision it is the document that matters, not a listing agent’s assurance.

Step 2 — Search for the terms that decide it. Read for: “short-term rental”, “transient”, “hotel”, “minimum lease”, “lease term”, “single family use”, and any clause requiring leases to be registered with the corporation or a copy delivered to management. Many blocks are not labelled “Airbnb” at all — a “leases must be for a minimum term of six months” clause in a 2009 declaration does the whole job.

Step 3 — Ask management directly, in writing. Ask the condo manager one plain question: “Do the declaration, bylaws, or rules permit rentals of less than 28 nights in this corporation?” Get the answer in an email you can keep. A verbal yes from a concierge desk is worth nothing the first time a neighbour complains.

Step 4 — Check the operating rules, not just the legal ones. If hosting is allowed, find out how it works day to day in your building: guest registration with security, fob access for guests, whether guests may use the gym, pool, and rooftop (many buildings say no — and you must then not advertise those amenities), parking, and noise/party rules your guests will be held to.

Step 5 — Only then register with the City. With the building’s yes in hand, the City process below is safe to pay for.

Buying with hosting in mind? Read our guide to buying a property for Airbnb in Toronto before you offer — it puts the status-certificate check where it belongs, inside the purchase itself, and explains why the principal-residence rule means a pure investment purchase can never host short stays no matter what the building allows.

Which Toronto condo buildings actually allow Airbnb?

There is no City-published list of “Airbnb-friendly buildings”, and any website that offers you one is guessing. What exists is the City’s registration data itself — and it tells a useful story. An analysis of City of Toronto short-term rental registration data published by Nurture Stays in March 2026 counted 7,422 registrations city-wide, of which 3,001 were condominiums spread across 435 buildings. Registration concentrates heavily in a small number of large downtown towers:

Building Registered units (Mar 2026 analysis)
300 Front Street West 237
251 Jarvis Street 196
14 York Street 168
All other condo buildings combined ~2,400 across 432 buildings

Two honest readings of that table. First, a building with dozens or hundreds of registered units is a building whose documents plainly permit hosting — the concentration itself is the evidence. Second, a registration count is a snapshot, not a promise: buildings amend rules, and a unit registered last year says nothing about what your corporation will enforce next year. Use the data to shortlist, then do the document check above for your specific building. Our Toronto condos that allow Airbnb guide carries the full top-20 table and explains how to read registration counts building by building.

And a caution aimed at buyers: a high registration count can also mean a building full of competing listings and a corporation under pressure from resident owners to tighten the rules. The data cuts both ways; the declaration is the document that decides.

How to register with the City, step by step

With your building’s permission in hand, the City process is an online application through Municipal Licensing & Standards:

  1. Confirm you qualify. You are 18+, the condo is your principal residence, and it is the only unit you will register.
  2. Choose your rental type — entire unit (180-night cap) or partial unit (up to 3 bedrooms while you live there; not available for a one-bedroom). Remember: the choice locks for the term.
  3. Gather your documents. Since September 2024 the City requires an Ontario driver’s licence or Ontario photo card showing the rental address, plus two additional documents proving principal residence, from two different categories (for example bills, identification, tax, or insurance documents). Have digital copies ready before you start.
  4. Name your emergency contact. A person available 24/7 who can respond to an emergency at the unit, with that person’s consent to be listed.
  5. Apply and pay online. $390 by credit card, non-refundable. Clean files can be approved quickly; the City warns that processing can run past 30 days at high volume — timelines are broken down in our license timeline guide.
  6. Put your number everywhere it belongs. STR-0000-XXXXXX goes on the Airbnb listing itself and on every invoice, contract, and receipt. Platforms validate it against City data.
  7. Calendar the renewal. Registration runs one year from approval. You can renew up to 30 days early without moving your anniversary; renewal is another $390, and late renewal fees run $11.27 (1–30 days), $83.18 (31–60 days), and $160.69 (61–90 days), after which the registration is cancelled and you start over. Details: our registration renewal guide.

Before your first guest, also sort the unglamorous layer: tell your insurer the unit will be short-term rented and confirm your policy actually covers it (a standard condo policy often does not — see our short-term rental insurance guide for Ontario), and post the two things the City requires inside the unit: your emergency contact information and an exit diagram, displayed conspicuously. Missing postings carry their own fines, listed below.

What it actually costs to run a condo Airbnb in 2026

The 2025 version of this article priced a booking with a 3% Airbnb host fee, a 4% accommodation tax, and $50–$100 cleaning. Every one of those numbers understates 2026. The current stack:

Cost 2026 figure Notes
City registration $390/year New and renewal both $390; non-refundable; ≈ $32.50/month
Airbnb service fee 15.5% of subtotal Single host-only fee; the old 3%/guest split fee was retired in waves ending September 15 and October 13, 2026; charged on nightly rate plus cleaning and other fees, before taxes
Turnover cleaning ~$115 per clean Toronto core one-bedroom average in 2026 including linens, restock, and photo report; typical band $90–$150
Municipal Accommodation Tax 6% Guest-paid since August 1, 2026 (was temporarily 8.5%); filed quarterly even with no rentals
HST 13% On the price including MAT; you must register yourself once past the $30,000 threshold
Management (optional) 15–25% of booking revenue Full-service band; co-hosts typically 10–25%; Home Again charges 15%

The fee change is the one that bites. Under the old split fee, a host paid about 3% and barely thought about it. At 15.5% host-only, the fee comes off everything, including your cleaning fee: a $115 cleaning fee nets you $97.18 after Airbnb’s cut, so passing the full cleaning cost through means charging guests roughly $136 (target ÷ 0.845). Hosts who never repriced after the switch quietly took a payout cut of about 12.9% on the same bookings. Whatever nightly rate you choose, run it through the same divisor: rate you need = payout you want ÷ 0.845. Our Toronto cleaning fee guide and management fees guide break both lines down further.

Then come the condo-specific running costs owners forget in the first spreadsheet: higher utility and consumable use, linen replacement (keep three sets per bed so turnovers never wait on laundry), your own STR insurance loading, and the wear line — short-stay use is simply harder on a unit than one careful tenant, and your corporation’s rules about common-element damage will find you if a guest causes it. Income tax applies to what is left, and the CRA’s rule since 2024 denies expense deductions pro-rata for periods a rental was not compliant with local rules — compliance is not just about fines, it protects your deductions. The full tax picture is in our Ontario Airbnb tax rules guide.

How much can a Toronto condo earn on Airbnb in 2026?

Use market medians, not the best listing you have ever seen. AirROI’s Toronto data for the 12 months to October 2026, across 10,945 listings: a median nightly rate of $160, an average rate of $250 (pulled up by large and luxury units a one-bedroom condo does not compete with), and 47% average occupancy — average gross revenue of about $31,609 a year across all listing sizes, with the year running from an August peak to a February trough roughly half its size.

Notice what 47% does to an entire-unit registration: it sits just under the 180-night legal ceiling of 49.3%. The median Toronto listing is effectively bumping along near the cap — which is why the strongest condo hosts treat the cap as inventory to spend on the best nights (summer, events, holidays) and fill winter with 28+ night stays that use no capped nights at all.

The 2025 version of this guide suggested $250 a night at 70–80% occupancy. Neither figure survives contact with 2026 data for a typical one-bedroom: $250 is the all-listings average, not the median, and 70–80% entire-unit occupancy is not merely optimistic — at over 180 nights, it is not legal. If a projection someone shows you assumes either number, the projection is wrong before it reaches the expenses.

For a personalised estimate based on your building and unit type, use our Toronto condo Airbnb income estimate, and for the citywide earnings distribution — what the top quarter actually clears — see how much a Toronto condo can earn on Airbnb.

Worked example: one month in a downtown one-bedroom

Labelled arithmetic, using the market medians above — not a promise for any specific unit. A registered one-bedroom condo in an Airbnb-friendly downtown building, rented as an entire unit for 12 nights at the $160 median rate, across 4 bookings with a $115 cleaning fee each:

Nightly revenue: 12 × $160 $1,920.00
Cleaning fees collected: 4 × $115 $460.00
Booking subtotal $2,380.00
Airbnb host-only fee at 15.5% −$368.90
Cleaning actually paid: 4 × $115 −$460.00
Registration, monthly share of $390 −$32.50
Supplies and consumables −$50.00
Left before management and ownership costs $1,468.60

Guests additionally pay the 6% MAT and 13% HST on top — those are pass-through taxes, not your revenue or your cost, but they are part of the all-in price guests compare against hotels, which is one more reason the nightly rate has to be set with the full stack in view. Add full management at Home Again’s 15% of booking revenue (−$288.00 on the nightly revenue here) and the month leaves $1,180.60 before mortgage, condo fees, property tax, insurance, and income tax. Whether that beats a long-term tenant — Toronto’s average asking rent in September 2026 was $2,554 across unit types and $2,228 for a one-bedroom (Rentals.ca/Urbanation) — depends on your building, your season mix, and how many of your 180 nights you can sell at or above the median. The honest comparison, run both ways, is in our Toronto Airbnb profitability guide.

If your building says no: the legal alternatives

A closed gate two is not the end of the unit’s earning life. It only closes short stays.

Mid-term rentals (28+ nights). A stay of 28 consecutive nights or longer is outside Chapter 547 entirely: no City registration, no principal-residence requirement, no 180-night cap, no MAT. This is the standard route for investment condos — corporate relocations, insurance-displacement stays, visiting professionals, and families between homes book exactly this length. Two checks remain: your condo’s minimum lease term, if any, still applies (a 28-night stay breaches a six-month minimum just as a 3-night stay does), and longer stays move you toward Residential Tenancies Act territory, which has to be structured properly. Start with our Toronto mid-term rentals guide.

Long-term rental. The default for a reason: one tenant, monthly rent, no turnover costs, guideline-capped annual increases (2.1% for 2026 on rent-controlled units). If your building bans rentals under six or twelve months, this may be the only rental the documents allow.

Use it as your home, or sell. If you bought the unit planning to host and both the City and the building say no, the remaining honest options are living in it (which can make it a principal residence over time), or selling into a market where the unit is priced as a home, not as a business.

What not to do: host anyway and hope. Between platform registration checks, concierge guest screening, and neighbours who know exactly what a rolling suitcase at 11 p.m. means, unregistered hosting in a condo tower is usually discovered in weeks, and the penalties stack from both the City and the corporation at once.

Penalties for getting it wrong

From the City. Set fines under the bylaw include $1,000 for renting without a registration or in a unit that is not your principal residence, $700 for renting over the 180-night cap, $400 for each missing required posting (emergency contact information, exit diagram), and $300 for records failures. Prosecution in court can reach $100,000, plus up to $10,000 for each day an offence continues. The City can also revoke a registration — and a revoked operator faces a 12-month ban on re-registering.

From the tax authorities. Non-compliance has a second price since 2024: the CRA denies rental expense deductions pro-rata for the non-compliant period, which converts a bylaw problem into an income-tax problem on the whole year’s expenses.

From your condo corporation. Compliance letters, chargebacks of the corporation’s enforcement costs to your unit ledger, and court or arbitration proceedings if you persist. For most condo hosts this is the largest realistic exposure, and it is the one no insurance product covers.

From the platform. Airbnb validates registration numbers and can remove unregistered listings; a removal mid-season strands the bookings and the reviews you built the listing on.

After you register: the ongoing duties

Registration is the start of the compliance calendar, not the end of it. Registered operators must:

  • Keep records for 3 years — booking and transaction records for every rental — and provide them within 30 days if the City asks.
  • File a MAT report every quarter, within 30 days of the quarter’s end, even with zero rentals (Airbnb-collected amounts are reported by Airbnb; your own report still has to be filed, and direct bookings are yours to remit).
  • Report changes within 6 days — the City must be told when registration details change.
  • Attend your inspection in person. Since January 2025 the City inspects registered units annually, and the operator must attend personally — a manager or co-host cannot attend in your place. Evidence requested must be produced within 10 days. Our Toronto Airbnb inspection guide covers what inspectors check.
  • Keep the postings up: emergency contact information and the exit diagram, conspicuously displayed in the unit.
  • Renew on time — $390, up to 30 days early, with the late-fee ladder and 90-day cancellation described in the registration steps above.

None of this is heavy week to week, but it is unforgiving of being forgotten: the common fines in this system are for paperwork — a missed quarterly filing, a lapsed renewal, a missing posting — not for dramatic violations. Our Toronto host checklist folds these dates into the full operating routine.

Run it yourself, use a co-host, or hire a manager?

Hosting a condo you live in is genuinely doable alone: you are on site for turnovers, and a one-unit calendar is an evening-a-week job in season. The case for help is usually about the gaps — travel during a booking, a cleaner who quits in July, a guest issue at midnight, or simply not wanting your home run like a front desk.

  • Co-host (typically 10–25%). A co-host handles the listing, messaging, and pricing while you keep cleaning and the physical side. Airbnb’s official guidance puts ongoing co-host support at 15–25%; narrower messaging-only arrangements run lower.
  • Full-service management (typically 15–25%). Cleaning, laundry, guest communication, pricing, check-ins, damage claims, and the filing calendar handled for you. Home Again charges 15% of booking revenue for full management in Toronto — one line, charged on booking revenue, covering listing, pricing, guest messaging, cleaning coordination, and reporting. Compare any quote on its basis: 15% of booking revenue is a different number from 15% of the host payout after Airbnb’s fee, and the difference is roughly the size of the fee itself.
  • What a manager cannot do. No manager can make an investment condo a principal residence, override your condo corporation, or attend your City inspection for you. Any company that implies otherwise is selling you a fine.

The full breakdown of what management includes is on our Toronto Airbnb management page.

Frequently asked questions

Can I Airbnb my condo in Toronto?

Yes, if three things line up: the condo is your principal residence, you hold a City of Toronto short-term rental registration ($390 in 2026), and your condo corporation’s declaration, bylaws, and rules allow short-term rentals. You need all three — a City registration does not override a condo board ban.

Can I Airbnb an investment condo or a second home in Toronto?

No. Toronto only allows short-term rentals (stays under 28 nights) in a principal residence. An investment condo or second home cannot be registered. The legal alternative for those units is a rental of 28 nights or longer, which sits outside the short-term rental bylaw.

What if my condo board bans Airbnb?

Then you cannot host short stays in that unit, even with a City registration. Hosting anyway risks corporation enforcement, including chargebacks of the corporation’s legal costs to your unit. Your options are mid-term rentals of 28+ nights (if the building’s minimum lease term allows them), a long-term tenant, or using the unit as your home.

How much does it cost to register an Airbnb condo in Toronto in 2026?

Registration is $390 and annual renewal is $390, payable by credit card and non-refundable even if the City refuses the application. Renew up to 30 days early; late fees run $11.27, $83.18, and $160.69 at 1–30, 31–60, and 61–90 days late, and the registration is cancelled after 90 days.

How many nights a year can I rent out my whole condo?

Up to 180 nights per calendar year as an entire-unit rental, counted across all platforms and resetting on January 1. Renting bedrooms while you live in the unit has no night cap, but a one-bedroom condo cannot use that partial-unit route.

How much can a one-bedroom Toronto condo earn on Airbnb?

At AirROI’s Toronto medians for the 12 months to October 2026 — a $160 median nightly rate and 47% average occupancy — a typical month of 12 booked nights plus cleaning fees leaves about $1,468.60 before management and ownership costs, as worked through in the example above. Actual results turn on your building, floor, view, and how well you use the 180-night cap across the seasons.