In recent years, Airbnb rentals have emerged as a more convenient alternative to hotels for travelers looking for home-like comfort and stay. Short-term home rental websites like Airbnb have also helped people make some serious cash by renting their properties in prime tourist neighborhoods.
This opportunity has also opened the doors for investors who want to benefit from the growing market of short-term rentals. However, not all locations offer equal opportunities. Canada is the second-largest country in the world and is made up of cosmopolitan centers, historic cities, and natural attractions. It can be daunting for investors to decide on a place for a vacation rental. In this post, we talk about some of the best locations in Canada to consider investing in Airbnb rental.
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1. Whistler
The mountainside resort town has gained the reputation of one of the most popular skiing destinations in the world. Those who are looking for a place with world-class snowboarding, skiing and mountain biking would find Whistler a great choice. It is located at a distance of 90 minutes drive from the Vancouver International Airport and is easily accessible to travelers landing at Vancouver.
Whistler is perfect for summer as well as winter visits as tourists love swimming in mountain lakes in summer while winters are moderate. The peaks of Whistler Blackcomb dominate the views of the gorgeous town. Whistler homes for sale are now popular in the buyer’s market and it is a great time to start up Airbnb rental.
2. Vancouver
Known as the ‘greatest city on the Earth’, Vancouver has an amazing outdoor vibe, beaches and easy access to mountains, forests and attractions of the island. While it is an expensive city in Canada, it is worth every penny. Vancouver has so much for everybody. Visitors fly to this place from all over the world to experience so much that it has to offer.
They are impressed by parks, great foods and drinks and diverse culture they get to experience here. Vancouver is the location in Canada everybody would like to visit when they want to escape from the freezing temperatures, as it is one of the mildest places in terms of climate.
3. Montreal
A vibrant city in Canada, Montreal is full of wonderful landmarks, culture, history and good people. It is not so expensive like other big cities. This thriving metropolis is a great choice for investing in Airbnb rental because tourists prefer this city for museums, culture and varied nightlife.
This city also hosts a number of internationally famous festivals in comedy and jazz. For anybody looking to buy a holiday rental property, Montreal makes a worthy choice as it has tourist activity throughout the year.
4. Niagara on the Lake
Known as one of the most beautiful towns of Canada, Niagara on the Lake is located amidst the famous Niagara Falls, one of the most amazing waterfalls across the world. The serene village exposes a charm from the 19th century and is loaded with antique shops, alfresco bistros and whimsical boutiques. Situated at just 90 minutes drive from the most populous city of Canada, Toronto, Niagara on the Lake is the spot that Canadians choose to escape from cities. It also attracts a huge number of international visitors every year.
5. Cape Breton
Ranked as the number one island in Canada for visit, Cape Breton of Nova Scotia is a great holiday home destination. Famous for sightseeing, skiing and whale watching, the culture-rich area features Celtic roots and maritime attraction.
This region lures varied groups of outdoor enthusiasts, culture buffs and golf-fascinates from across the world. This eastern Canadian spot is much more reasonable when it comes to buying a holiday rental.
6. Muskoka
Situated at just 2-hours north to Toronto, Muskoka is a renowned lake-side holiday spot in central Ontario. It is famous as one of the best Canadian places to visit for its activities on and off the waters.
With an exciting lake-cottage atmosphere, Muskoka caters to visitors of all interests, from luxury and leisure to adventure and fun and draws people from Toronto and the world in the summers. It is easily accessible for people of Britain and makes a preferred destination of those who want a break. Its popularity and proximity to Toronto make owning a holiday home a little expensive.
7. Kelowna
Another amazing destination for investing in Airbnb rental is Kelowna that is often called the Napa Valley of Canada. This beautiful place has acquired a lot of fame from its mind-blowing selection of world-famous vineyards that attract a lot of visitors every year.
Being a year-round tourist spot, Kelowna is a great choice for holiday rental investment. It is also known for Big White Ski Resort which is a popular getaway for those who like winter sports.
8. Quebec City
This vibrant city is the heart of French Canada and one of the oldest settlements in North America. It is located on the beautiful St. Lawrence River and draws a large number of local and international visitors each year. This destination is famous for colonial streetscapes, rich French culture, and amazing dining opportunities.
The old Quebec downtown is full of rich history and is a great choice for experiencing the unique history and architecture. A large number of visitors prefer staying at Airbnb rentals in one of the central districts near to bars, restaurants and shops.
9. Ottawa
The capital of Canada is more than a government town. The city has one million inhabitants and offers something to impress everyone. There is so much to do here, depending on the season of the year.
Tourists can choose to enjoy ice skating or boating at the Rideau Canal or take a trip to the National Gallery of Canada to keep the sightseeing convenient. This museum features a stunning exhibition of Victorian architecture and lets you explore amazing Canadian art from varied times. With affordable prices, Ottawa makes a great choice for Airbnb rental investment.
10. The Okanagan
One of the most renowned wine regions of Canada, the Okanagan is bordered by Lake Okanagan known as the boating mecca in British Columbia. This destination offers numerous options for a holiday rental property. You can go for a boat-friendly condo with marina access or a vineyard-side estate.
This tourist spot offers so much for couples, families and singles. The region spans across 100 km with Penticton and Kelowna being the largest centers. It is a summer playground and holiday homes are easily available. Lakefront estates can attract premium prices and you should expect to pay higher for something with a water view.
