Potential Earnings Based on Location

Type of Property

Number of rooms

Location

EARNINGS

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Calculate your Earnings

TORONTO

ETOBICOKE

MISSISSAUGA

MONTREAL

TORONTO

Condo

Studio: Approx. $3100+ Monthly

1 BR: Approx. $3800+ Monthly

1+DEN: Approx. $4500+ Monthly

2BR: Approx. $6500+ Monthly

3BR: Approx. $8900+ Monthly

House

2 BR: Approx. $7300+ Monthly

3BR: Approx. $9800+ Monthly

4BR: Approx. $11800+ Monthly

5BR: Approx. $18000+ Monthly

ETOBICOKE

Condo

Studio: Approx. $2800+ Monthly

1 BR: Approx. $3800+ Monthly

1+DEN: Approx. $4100+ Monthly

2BR: Approx. $6000+ Monthly

3BR: Approx. $7800+ Monthly

House

2 BR: Approx. $6800+ Monthly

3BR: Approx. $9500+ Monthly

4BR: Approx. $12500+ Monthly

MISSISSAUGA

Condo

Studio: Approx. $2700+ Monthly

1 BR: Approx. $3300+ Monthly

1+DEN: Approx. $4100+ Monthly

2BR: Approx. $5700+ Monthly

3BR: Approx. $8600+ Monthly

House

2 BR: Approx. $6500+ Monthly

3BR: Approx. $9800+ Monthly

4BR: Approx. $11800+ Monthly

MONTREAL

Condo

Studio: Approx. $2800+ Monthly

1 BR: Approx. $3500+ Monthly

1+DEN: Approx. $3800+ Monthly

2BR: Approx. $5500+ Monthly

3BR: Approx. $7800+ Monthly

House

2 BR: Approx. $5900+ Monthly

3BR: Approx. $7900+ Monthly

4BR: Approx. $9300+ Monthly

TAKE THE FIRST STEP - APPLY FOR YOUR SHORT-TERM LICENSE

If you plan to put your property up for Short Term Rental in Toronto, you’ll need to obtain a STR License from the City of Toronto. The application process is relatively fast, but approval can vary, taking anywhere from a few days to several weeks. The application fee is CAD$51, and we strongly advise starting with this step if you have any intention of listing your property for Short Term Rental. The property you’re applying for should be considered your primary residence.

Update your Driver's License address

Get your Short-Term License

CNTACT OUR RENTAL OR SALES TEAM

Email: info@waterfrontpropertymanagement.ca

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