Best Toronto Neighbourhoods for Airbnb Hosts in 2026
Key Takeaways
- Toronto’s citywide Airbnb investability grade is D+, in the lowest 47% of Canadian markets for rental yield, but every neighbourhood in this guide grades C individually. Location decides which side of that average a host actually lands on.
- Yonge-St.Clair leads the city on every metric that matters: C$52,537 in median annual revenue, 73% occupancy, and a C$194 nightly rate, spread across just 13 active listings.
- York University Heights sits at the opposite end, with 106 active listings (the most of any neighbourhood here) but only C$40 a night and C$9,651 in median revenue, a supply and pricing problem rather than a demand one.
- Toronto restricts short-term rentals to a host’s principal residence. Registration costs C$390 to renew in 2026, and entire-home rentals are capped at 180 nights a year.
- The Municipal Accommodation Tax sits at 8.5% through July 31, 2026, then drops back to 6%.
- Match your property type to a neighbourhood’s housing stock first, condo towers versus single-family homes, then match the neighbourhood to your target guest before chasing a specific address.
Introduction
Airbtics currently grades Toronto’s overall Airbnb investability at D+, placing the city in the lowest 47% of Canadian markets for rental yield. That’s a tough grade for a market where short-term rental supply has grown nearly 150% in three years. For anyone weighing the best Toronto neighbourhoods for Airbnb, the citywide number matters less than where exactly a listing sits. Location decides which side of that D+ average a host lands on. Toronto isn’t standing still either: the city just closed out a record 28.2 million visitors in 2025, and six FIFA World Cup matches arrive this summer.
This guide breaks down where in Toronto the data, the regulations, and the guest demand line up in a host’s favour. Rather than working from a tourist map, it uses Airbtics’ own paid market dashboard, a single consistent data source, to rank and profile Toronto’s ten top-performing Airbnb neighbourhoods. Every figure below is updated for 2026.
Explore Best Airbnb Vancouver Neighborhoods: 2026 Guide.
Toronto’s Airbnb Market in 2026: The Numbers That Matter
Toronto’s short-term rental market looked very different three years ago. Active listings have jumped 149.6% since then. The median nightly rate climbed 17.3% to C$168. Occupancy, meanwhile, slipped 10.4% over the same period to settle at 70%. That’s a sign supply has grown faster than demand can absorb. The result is a market that still pays well on paper but rewards hosts who choose their neighbourhood carefully.
Toronto’s Airbnb Market in 2026 (Short Overview)
| Metric | Toronto (January 2026) | 1-Year Change | 3-Year Change |
| Median annual revenue | C$44,000 | +7.6% | +5.2% |
| Occupancy rate | 70% | -2.8% | -10.4% |
| Average nightly rate | C$168 | +10.9% | +17.3% |
| Active listings | 9,775 | +37.8% | +149.6% |
| Regulatory status | Licence enforced | – | – |
Source: Airbtics market dashboard, data as of January 2026.
Why the Citywide Average Hides a D+ Grade
That D+ grade reflects citywide averages, though, not any single neighbourhood’s performance. In practice, a host renting in Yonge-St.Clair faces a very different market than one in York University Heights. Just 13 tracked listings compete for guests in Yonge-St.Clair, versus 106 in York University Heights. Our Toronto vacation rental market overview breaks down seasonality month by month, for a deeper look at how these numbers shift across the year. Our piece on the five key insights behind Toronto’s profitability digs into what’s driving that D+ grade specifically.
The 2026 FIFA World Cup Effect
None of this accounts for demand spikes like the 2026 FIFA World Cup. Six matches and a Fan Festival are coming to the city this summer. Destination Toronto also confirmed 2025 was a record year for visitation. Large events like these tend to push nightly rates well above the citywide average. Neighbourhoods with good transit access to the action benefit most. That mix of steady appreciation and event-driven spikes explains a lot about why Airbnb in Toronto remains a strong investment for hosts who choose their location with care.
Guest Demographics, Location Premiums, and Top Earners
A few other Airbtics figures matter beyond nightly rate and occupancy. International travelers make up 52.2% of Toronto’s guest base, and the United States is the single largest international source of bookings. Bedroom count drives demand more than any other property feature citywide, and pools, views, and outdoor space carry the biggest premiums on top of that. Location-specific demand matters too: Airbtics’ guest-review data shows listings near the Yorkdale Shopping Centre earn a 12% location premium across 23 nearby properties, a useful data point for anyone considering Yorkdale-Glen Park specifically. At the very top end, Toronto’s highest-earning tracked listing pulls in roughly C$95,000 a year, a reminder of how wide the range runs between an average listing and a truly optimized one.
Check out TOP reasons to buy Airbnb property in Toronto.
Best Toronto Neighbourhoods for Airbnb, Ranked by the Data
The ten neighbourhoods below are Airbtics’ current top-ranked Airbnb markets in Toronto, drawn from the City’s official neighbourhood boundaries rather than the informal names travelers use. Airbtics’ paid dashboard grades every one of them a C for investability, comfortably ahead of Toronto’s citywide D+. That gap says something useful on its own: the neighbourhoods driving this top-ten list are outperforming the average, while plenty of other Toronto submarkets are dragging that citywide grade down. They’re ordered below from highest to lowest median annual revenue.
Yonge-St.Clair
- Median revenue: C$52,537/year
- Occupancy rate: 73%
- Average nightly rate: C$194
- Active listings: 13
- Investability grade: C
Yonge-St.Clair sits in midtown Toronto, centred on the intersection of Yonge Street and St. Clair Avenue and bordering the affluent Deer Park and Summerhill enclaves. High-rise condos mix with Victorian and Edwardian character homes, and three subway stations keep the area well connected to downtown. It’s the strongest performer on this list, achieving the highest revenue and occupancy while carrying the lowest supply alongside Thistletown-Beaumond Heights.
Danforth East York
- Median revenue: C$46,045/year
- Occupancy rate: 67%
- Average nightly rate: C$186
- Active listings: 21
- Investability grade: C
Danforth East York runs along the eastern stretch of Danforth Avenue, from the edge of Greektown to Victoria Park Avenue at the Scarborough border. Six subway stations, Donlands, Greenwood, Coxwell, Woodbine, Main, and Victoria Park, run through the neighbourhood, and its multicultural business strip draws a steady local crowd. It posts the second-highest revenue on this list.
The Beaches
- Median revenue: C$44,893/year
- Occupancy rate: 66%
- Average nightly rate: C$182
- Active listings: 89
- Investability grade: C
The Beaches runs along the Lake Ontario shoreline in Toronto’s east end, giving guests direct boardwalk access and ranking among the city’s most searched summer listings. Its 89 active listings are the second-highest supply on this list after York University Heights, a sign the area draws plenty of competition alongside its strong demand.
Lansing-Westgate
- Median revenue: C$43,011/year
- Occupancy rate: 64%
- Average nightly rate: C$182
- Active listings: 38
- Investability grade: C
Lansing-Westgate sits in North York between Yonge Street, Highway 401, Bathurst Street, and Burnett Avenue. Post-war bungalows and semi-detached homes make up most of the housing stock, though many are being replaced with larger custom builds, and the area holds a notably low crime rate. Its nightly rate matches the Beaches almost exactly, despite far less tourist name recognition.
Thistletown-Beaumond Heights
- Median revenue: C$37,268/year
- Occupancy rate: 71%
- Average nightly rate: C$142
- Active listings: 13
- Investability grade: C
Thistletown-Beaumond Heights sits in northwest Etobicoke, bounded by Albion Road, the Humber River, Islington Avenue, and Rexdale Boulevard. It’s a mostly residential area of single-family and semi-detached homes with a highly diverse population and a car-dependent commute pattern. Its supply ties with Yonge-St.Clair for the least competition on this list.
Stonegate-Queensway
- Median revenue: C$32,302/year
- Occupancy rate: 67%
- Average nightly rate: C$130
- Active listings: 53
- Investability grade: C
Stonegate-Queensway sits in southeast Etobicoke, bounded by Bloor Street, the Gardiner Expressway, Islington Avenue, and the Humber River. Brick bungalows and storey-and-a-half homes from the 1940s and 1950s line the streets, and the neighbourhood has a reputation for strong schools and plentiful parks.
Yorkdale-Glen Park
- Median revenue: C$30,946/year
- Occupancy rate: 68%
- Average nightly rate: C$123
- Active listings: 62
- Investability grade: C
Yorkdale-Glen Park sits in North York, bounded by Highway 401, Allen Road, and the CNR tracks, near Yorkdale Shopping Centre, one of Canada’s busiest malls with roughly 250 retailers.
Tam O’Shanter-Sullivan
- Median revenue: C$23,868/year
- Occupancy rate: 70%
- Average nightly rate: C$92
- Active listings: 49
- Investability grade: C
Tam O’Shanter-Sullivan sits in Scarborough, bordered by Huntingwood Drive, Kennedy Road, Highway 401, and Victoria Park Avenue, and takes its name from the Tam O’Shanter Golf Course at its centre. Tudor-style and colonial two-storey homes built in the 1950s and 60s reflect a highly diverse community with large Chinese and Indian populations. Occupancy here is solid even though the nightly rate is modest.
Thorncliffe Park
- Median revenue: C$19,882/year
- Occupancy rate: 52%
- Average nightly rate: C$103
- Active listings: 8
- Investability grade: C
Thorncliffe Park occupies a bend of the Don River in East York, bordered by the Leaside Bridge, Millwood Road, and Eglinton Avenue East. Built in the 1950s, it was one of Toronto’s first high-density postwar communities, and today it houses more than 21,000 residents across dozens of apartment towers. Its numbers are the softest on this list: the lowest occupancy and the smallest tracked market of the ten.
York University Heights
- Median revenue: C$9,651/year
- Occupancy rate: 65%
- Average nightly rate: C$40
- Active listings: 106
- Investability grade: C
York University Heights is one of Toronto’s northernmost neighbourhoods, running along Steeles Avenue in the former City of North York and home to York University’s main campus. Three subway stations, Pioneer Village, York University, and Finch West, serve the area. Its numbers stand out for a different reason: the most active listings on this list, paired with by far the lowest nightly rate and revenue. Occupancy still holds at 65%, so this isn’t a demand problem. It’s a supply and pricing one: a large number of listings are competing hard on price near the university.
How These Ten Neighbourhoods Compare
| Neighbourhood | Median Revenue | Occupancy | Nightly Rate | Active Listings |
| Yonge-St.Clair | C$52,537 | 73% | C$194 | 13 |
| Danforth East York | C$46,045 | 67% | C$186 | 21 |
| The Beaches | C$44,893 | 66% | C$182 | 89 |
| Lansing-Westgate | C$43,011 | 64% | C$182 | 38 |
| Thistletown-Beaumond Heights | C$37,268 | 71% | C$142 | 13 |
| Stonegate-Queensway | C$32,302 | 67% | C$130 | 53 |
| Yorkdale-Glen Park | C$30,946 | 68% | C$123 | 62 |
| Tam O’Shanter-Sullivan | C$23,868 | 70% | C$92 | 49 |
| Thorncliffe Park | C$19,882 | 52% | C$103 | 8 |
| York University Heights | C$9,651 | 65% | C$40 | 106 |
Source: Airbtics paid market dashboard, current data. All ten neighbourhoods carry an individual Airbtics investability grade of C. Revenue figures are median annual revenue.
Toronto isn’t the only Canadian market worth this kind of granular, neighbourhood-level look. Our roundup of the best Airbnb cities in Canada puts these numbers in a national context.
Toronto’s 2026 Short-Term Rental Rules Every Host Needs to Know
Toronto only permits short-term rentals in a host’s principal residence, and that rule has teeth. Registration with the City is mandatory. It costs C$390 to renew in 2026 and ties directly to the address on your Ontario driver’s licence or Ontario Photo Card. Only one registration is allowed per dwelling unit. Hosts must also choose between two options at registration. A partial-unit rental allows up to three bedrooms year-round. An entire-unit rental caps out at 180 nights per calendar year.
The Municipal Accommodation Tax adds another layer. Toronto raised the MAT rate from 6% to 8.5% in June 2025. That temporary increase expires on July 31, 2026, after which the rate reverts to 6%. Airbnb collects and remits this tax automatically for most Toronto hosts under its agreement with the City. Operators still need to file a MAT report every quarter, though, even when a listing had no bookings.
Enforcement has tightened considerably since 2024. Specifically, the City now conducts annual compliance inspections. Fines start at C$1,000 for operating without a valid registration number. Repeat or serious violations can reach C$100,000 through the courts. Regulations change often, so always confirm current rules directly with the City of Toronto before listing a property. Treat this section as a starting point, not legal advice. Our full guide to Airbnb regulations in Toronto covers the compliance side in more depth, and a closer look at Airbnb tax obligations in the city rounds out the picture. These rules apply the same way whether you’re registering a condo in Yonge-St.Clair or a bungalow in Stonegate-Queensway.
Matching Your Property to the Right Neighbourhood
Start with your property type before your neighbourhood preference. For example, a high-rise condo suits Yonge-St.Clair or Thorncliffe Park’s apartment towers far better than a single-family home. That kind of property reads more naturally in Lansing-Westgate, Stonegate-Queensway, or Tam O’Shanter-Sullivan.
Next, decide which guest you actually want to attract. Business travelers respond well to Yonge-St.Clair, thanks to its subway access and midtown office towers. On the other hand, families and summer travelers gravitate toward the Beaches, Stonegate-Queensway, and Tam O’Shanter-Sullivan instead. Guests looking for a budget-friendly stay near transit, including students and academics, tend to land in York University Heights.
Whichever neighbourhood you choose, a strong location only pays off with consistent pricing, fast guest communication, and reliable turnovers behind it. Juggling registration renewals, MAT filings, and nightly pricing across a Toronto property takes real time. If that sounds like more than you want to manage alone, that’s exactly the gap professional Airbnb management in Toronto is built to fill.
Toronto isn’t the only Ontario market worth a closer look, either. Hosts comparing multiple cities can weigh it against our guide to the best neighbourhoods in Hamilton, Ontario, for Airbnb. It’s roughly an hour down the QEW and considerably cheaper to enter.
