🏡 Thinking About Hosting on Airbnb in Toronto?
If you’ve ever thought, “Should I get into the Airbnb game in Toronto?”—the answer might just be yes. But before you start dreaming of passive income and perfectly styled guest suites, let’s talk about the only way to do it right: buying in a building that’s legally zoned for short-term rentals.
📈 Why Airbnb-Friendly Buildings Are a Whole Vibe Right Now
Short-term rentals in Toronto are booming. With tourists, business travelers, and digital nomads constantly flowing through the city, demand is high—and growing. And more buildings are now officially approved for Airbnb use, making them total goldmines for investors.
✅ Legal, Hassle-Free Hosting
Let’s be honest: nobody wants to deal with fines or angry condo boards. Buying in a building that’s legally Airbnb-approved means your hosting side hustle is fully compliant. Some even offer on-site management for guest check-ins, maintenance, and more—so you can actually enjoy the income without the drama.
💸 High Demand, High Returns
With events like TIFF, sports games, concerts, and festivals year-round, people want to be in Toronto. These approved buildings are in super high demand with travelers, which means more bookings, higher occupancy rates, and better ROI for you.
🏙️ Prime Locations + 10/10 Amenities
Legal Airbnb buildings tend to be in the best areas—downtown, the waterfront, and other hot spots. Plus, they usually come with the good stuff: gyms, pools, concierge service, etc. Guests love it. Reviews go up. And so does your revenue.
🧠 Why It Makes Financial Sense
Between the prime locations, legal peace of mind, and consistent booking potential, Airbnb-approved buildings offer a killer investment opportunity. Whether you're after cash flow or long-term appreciation, this is the move.
📍 Where to Buy: Airbnb-Approved Buildings by Toronto Area
Here’s a list of buildings that actually allow short-term rentals—organized by neighborhood so you know exactly where to look:
🏙️ Downtown Core / Entertainment District
Think nightlife, restaurants, TIFF, and major tourist traffic.
-
560 Front Street West
-
300 Front Street West
-
20 Blue Jays Way
-
20 John Street
-
101 Peter Street
-
8 Charlotte Street
-
30 Nelson Street
-
199 Richmond Street West
-
140 Simcoe Street
-
168 Simcoe Street
-
477 Richmond Street West
🌊 Waterfront / CityPlace / Fort York
Great for scenic views, lake vibes, and quick downtown access.
-
50 Bruyeres Mews
-
75 Queens Wharf Boulevard
-
85 Queens Wharf Boulevard
-
10 Capreol Court
-
151 Dan Leckie Way
-
21 Iceboat Terrace
-
15 Iceboat Terrace
-
35 Mariner Terrace
-
219 Fort York Boulevard
-
215 Fort York Boulevard
-
209 Fort York Boulevard
🏞️ Harbourfront / South Financial District
Ideal for professionals, transit connections, and longer stays.
-
8 York Street
-
12 York Street
-
14 York Street
-
208 Queens Quay West
-
65 Bremner Boulevard
-
55 Bremner Boulevard
👗 Yorkville / Uptown Luxury
Luxury rentals, designer shopping, and major “main character” energy.
-
155 Yorkville Avenue
-
188 Cumberland Street
-
85 Bloor Street East
-
21 Balmuto Street
🎭 Church-Yonge Corridor / East Downtown
Perfect for culture lovers, cozy vibes, and quieter weekends.
-
120 Homewood Avenue
-
28 Linden Street
-
210 Victoria Street
🧳 North York / Midtown
More space, less hustle. Great for longer-term guests or families.
-
1 Avondale Avenue
-
19 Avondale Avenue
💬 Let’s Talk Strategy
Thinking about buying one of these units? Want help running the numbers or booking a showing? I’ve got the inside scoop on each of these buildings and would love to help you find the right fit.
DM me on Instagram @sarah_cromie or connect through TorontoLofts.ca to get started.
Let’s turn that short-term rental dream into a smart, stylish investment. 🖤
— Sarah
Loft lover, Realtor, and your go-to Toronto Airbnb girlie
