Toronto / Airbnb management
Airbnb property management in Toronto
We design, furnish, and manage Toronto homes listed on Airbnb and on our own booking app, for guests who stay a month or more. Owners keep the income of a short term rental without the turnovers, the party risk, or the trouble with the city and the condo board. The fee is a flat 15% of collected rent, and everything else is billed at cost with the receipt in your owner app.
Most owners who search for Airbnb management in Toronto are about to run into a rule they have not heard of yet. It is worth two minutes before you talk to any management company, including us.
The rule that changes the math
Toronto only permits nightly short term rentals in your principal residence, the home you actually live in. Hosts must register with the city, display the licence on every listing, and entire home rentals are capped at 180 nights a year. If the unit you want managed is an investment condo rather than your own home, a classic nightly Airbnb is not legally on the table, no matter who manages it.
Stays of 28 days or more sit outside those rules. That is the market we built Bbyrent for: furnished stays of a month or more, rented to screened corporate guests such as relocations, project teams, and travelling medical staff. The unit still lists on Airbnb, still earns well above a long term lease, and stays inside both the city's rules and your building's bylaws.
Across our portfolio, owners have been paid 1.42x market rent after fees, with 98% occupancy and 100% owner retention. We publish those numbers because we can stand behind them.
What we handle
- Listing creation and photography on Airbnb and our own booking app
- Dynamic pricing tuned to events, seasons, and your building
- Guest screening with identity and credit fraud checks
- Cleaning, maintenance, and guest support, in house
- Design and furnishing by architects trained at BIG and OMA
- An owner app with every booking, expense, and receipt
Pricing without the asterisks
15% of collected rent, and that is the whole model. Maintenance and supplies are billed at cost, at wholesale rates we negotiated with local trades, with every receipt shown in the owner app. If your unit is empty, furnishing typically costs $3,500 to $5,000 once, we add no margin, the furniture is yours, and the lift in rent usually covers it within about four months.
We serve Toronto and the surrounding GTA, including the Financial District, King West, and the rest of our Toronto neighbourhoods.
Airbnb management questions
Is Airbnb legal in Toronto?
Yes, with real limits. Toronto's short term rental bylaw only allows stays under 28 days in your principal residence, the home you actually live in. Operators must register with the city, and entire home rentals are capped at 180 nights a year. Stays of 28 days or more sit outside those rules entirely, which is why furnished monthly stays are the compliant route for a condo you do not live in.
What does Airbnb property management cost in Toronto?
Toronto management companies typically charge between 12% and 30% of rental income, and the low headline rates usually grow with add ons for cleaning coordination, maintenance markups, or onboarding fees. Our fee is a flat 15% of collected rent. Maintenance and supplies are billed at cost with the receipt shown in your owner app, and there are no onboarding, renewal, or hidden fees.
Do you handle the listing, pricing, and guests?
Yes, all of it. We create and photograph the listing, price it with an engine that reads local events, market rates, and occupancy, screen every guest with identity and credit fraud checks, and run cleaning, maintenance, and guest support. You watch everything from the owner app.
My condo board does not allow Airbnb. Can you still manage my unit?
Almost always, yes. Condo bylaws that ban Airbnb are aimed at nightly stays. Medium term stays of a month or more read as a sublet rather than a short term rental, so those rules typically do not apply, and if your building sets a minimum stay we simply match our guest minimum to it. We confirm your building's specific rules before we take a unit on.
How much more can I earn than with a long term lease?
Across our portfolio, owners have been paid 1.42x market rent after our fee, with 98% occupancy. Every unit is different, so we model yours before we accept it and tell you honestly what it can earn, either way. The modeling is free.