Mississauga Short-Term Rental Definition
In Mississauga, a short-term rental is any listing where guests stay for 30 consecutive days or less. Any property to be listed on an official booking site will need to procure a Short-term Accommodation License. If you rent your property for more than 30 days at a time, it’s considered a long-term rental and no STA licence is required within the city. All booking sites will require one regardless.
Quick Summary of Mississauga Airbnb Rules
- Short-term rental: 30 consecutive days or less.
- Must be your principal residence (180+ days/year).
- Must also be a permanent resident of the country
- Licence required: Apply online or in person, $250 annual licensing fee. The license number must appear on all ads (Airbnb, Booking.com, Vrbo).
- Long-term rentals (30+ days) don’t require licensing.
- Mississauga does implement a Municipal Accommodation TAX (MAT). The MAT is set at 6% of the purchase price of the guests stay.
- The MAT will need to be reported monthly to the city of Mississauga.
Principal Residence Rule
In Mississauga a property qualifies as your principal residence for any year if it meets all of the following four conditions:
- It is a housing unit, a leasehold interest in a housing unit, or a share of the capital stock of a co-operative housing corporation you acquire only to get the right to inhabit a housing unit owned by that corporation
- You own the property alone or jointly with another person
- You, your current or former spouse or common-law partner, or any of your children lived in it at some time during the year
- You designate the property as your principal residence
How to Apply for a Mississauga Short-Term Rental Licence
Step-by-Step (Apply Online Here):
- Complete the application form online or in person.
- Provide required documents:
- Proof of being at least 18 years old (birth certificate, driver’s license, passport)
- A criminal record check from Peel Regional Police issued in the last 60 days
- Proof of $2 million liability insurance coverage
- Evidence the rental is the host’s principal residence (recent utility bill or tax form)
- Contact information for the person responsible for the rental
- Permission from the property owner if the host is a tenant
- Permission from the condo board if the property is a condo unit
- A fire safety plan with evacuation procedures
- A site plan showing on-site parking and a floor plan of the rental area
- Pay the $250 annual licence fee.
Mississauga Enforcement & Penalties
The city of Mississauga will enforce by-law compliance through one of :
- Suspension of license
- Fines under the Provincial Offences Act.
- Unpaid penalties can be added to your property tax bill.
- Inspections may occur without prior notice
Mississauga Airbnb Market Potential
- Average Nightly Rate: $115–$550
- Premium Properties: $750+ during peak summer months
- Occupancy: ~50% average, up to 85% in summer
- Peak Season Revenue: Upwards of $3500 per month
Why Mississauga is a Top Airbnb Destination
Mississauga’s rental market is booming thanks to rapid urban development, new luxury condo builds, and a shortage of high-end hotels making short-term rentals an attractive choice for visitors. The city’s modern condos and upscale homes offer stylish, fully furnished spaces with amenities like full kitchens, multiple bedrooms, and private living areas, ideal for families, business travellers, and extended stays. Located in vibrant neighbourhoods with easy access to transit, shopping, dining, and cultural hubs. Your rental would provide a more comfortable, spacious, and personalized experience than most hotels. This allows guests to enjoy both the convenience of city living and the warmth of a “home away from home.”
Demand for Mid-Term Rentals (30+ Days)
Absolutely. Around one-third of Mississauga’s rental market caters to stays of 30 nights or more, driven by remote workers, relocating professionals, and families seeking temporary housing. These guests value fully furnished, well-located homes that offer the comforts of daily living combined with the charm and attractions of Mississauga. Whether for a month or several, the city’s welcoming atmosphere and central location make it an ideal choice for extended stays.
Why Choose Guestable for Your Mississauga Airbnb
- Best Revenue Optimization Strategies: Data-driven pricing to maximize earnings.
- Tailored Management Solutions: Customized plans to fit your goals.
- Client-Focused Communication: 24/7 availability, transparent updates.
- Dynamic Rental Approach: Expertise in both short- and mid-term markets, adjusting to seasonal trends.
- Guest Experience & Ground Support: Local presence across the GTA, hands-on guest service.
Mississauga Airbnb FAQ
- Can I run an Airbnb in Mississauga?
- Yes, if it’s your principal residence, you have a valid STA licence, and follow city regulations.
- How long does the licence process take?
- The application takes minutes. The full approval process can take upwards of two weeks as it depends on inspections and document submission.
- Do I need to collect any tax from guests?
- Yes, Mississauga operates using the MAT as mentioned above. Guests will be charged a 6% tax on the price of their stay.
Final Word for Hosts
Mississauga’s short-term rental market offers a perfect balance between community lifestyle and the city’s growing tourism demand. With professional management, hosts can unlock the full earning potential of their property while providing guests with a high-quality stay in one of Ontario’s most vibrant and sought-after destinations.
Explore our services for Airbnb Management in Mississauga for hosts seeking professional assistance to navigate Mississauga’s short-term rental regulations and enhance their hosting experience. To get more information about other short-term rental regulations, you can also visit Mississauga’s official website or contact us.