Airbnb Hosting in Brampton vs. Long-Term Rentals: Which is More Profitable?
If you own a property in Brampton, you’ve likely thought about whether to rent it out long-term to a single tenant or list it as a short-term rental on platforms like Airbnb or Vrbo. Both options come with advantages, challenges, and income potential. But when it comes to profitability, which strategy works best for Brampton property owners?
Let’s break it down.
1. Understanding the Market in Brampton
Long-Term Rentals: Brampton has a strong demand for long-term housing, fueled by population growth, students, and new immigrants. Vacancy rates remain low, making it easy to find reliable tenants.
Short-Term Rentals (Airbnb): With proximity to Toronto Pearson Airport, family-oriented tourism, and business travel demand, Brampton is becoming a hotspot for Airbnb hosting—especially for properties offering free parking, spacious layouts, and family-friendly amenities
2. Income Potential
Airbnb (Short-Term):
Average nightly rates in Brampton range between $100–$180, depending on location, size, and amenities.
A well-managed 2-bedroom property could earn $3,000–$4,500 per month if booked consistently.
Higher income potential during peak seasons (summer, holidays, local events).
Long-Term Rentals:
A similar 2-bedroom unit in Brampton typically rents for $2,000–$2,400 per month.
Predictable, steady income without the need for frequent turnovers.
3. Flexibility for Property Owners
Airbnb: You can block off dates for personal use, which is ideal if you occasionally need the property for family or friends.
Long-Term Rentals: Once you sign a lease, the property is locked in for the term—little flexibility until the lease ends.
4. Workload & Responsibilities
Airbnb: Requires ongoing guest communication, cleaning, check-ins/outs, and dynamic pricing adjustments. Can become a full-time job without professional management.
Long-Term Rentals: Fewer day-to-day responsibilities. Once the tenant is in place, landlords typically only handle maintenance and occasional issues.
5. Regulations & Taxes in Brampton
Airbnb: Brampton has specific short-term rental bylaws that require hosts to live in the property as their principal residence to legally operate. Non-compliance can result in fines. Hosts must also collect and remit HST.
Long-Term Rentals: Governed by Ontario’s Residential Tenancies Act (RTA), which gives tenants significant rights. Landlords cannot easily evict or raise rent beyond provincial guidelines.
6. Risk Factors
Airbnb: Risks include property damage, vacancies during slow months, and regulatory changes. However, Airbnb offers host protection insurance, and professional management can minimize risks.
Long-Term Rentals: Risks include problematic tenants, missed rent payments, and long eviction processes due to strong tenant protections in Ontario.
7. Which Is More Profitable for Brampton Owners?
Short-Term Rentals (Airbnb): Higher earning potential, especially for owners who can legally operate under Brampton’s STR bylaws. Best for those with strong property management in place.
Long-Term Rentals: Lower stress, steady income, and less exposure to bylaw restrictions. Best for owners seeking stability over maximizing profits.
Final Thoughts
If your goal is maximum profit and your property qualifies under Brampton’s short-term rental rules, Airbnb hosting is the clear winner—especially with professional management such as Stayfinity to handle the heavy lifting.
If you prefer stability and less involvement, a long-term rental is the safer bet.
For many property owners, the best solution is to consult with Stayfinity, an Brampton Airbnb property management company to evaluate your property’s potential, navigate local bylaws, and decide which rental strategy will bring you the most value.
Thinking about maximizing your Brampton specializes in short-term rental management—handling everything from guest communication to cleaning and pricing—so you can enjoy passive income stress-free.
Contact us today for a free consultation and see how hands-off hosting can work for you.
