Our approach to short term rental property management is analytical, hospitality driven, and owner friendly. Guestable’s short term rental managers will ensure you and your rental property are in good hands.
Vaughan is one of the world’s top markets for short term and executive rentals due to its population size, economic importance, open approach to immigration, and tourism industry. Due to new Town of Vaughan regulations, Vaughan’s vacation rental market has evolved to become more healthy and sustainable for years to come. Our Airbnb property management services in Vaughan are designed to allow hosts to benefit from this market without the day-to-day workload that comes with it.
Given the size of Vaughan, there is demand for short term rentals throughout the many neighborhoods of the beautiful city. In neighborhoods with less demand, there tends to be a balancing effect of lower supply, ensuring consistent occupancy no matter where or when a host is renting. Demand in the downtown core is always the strongest due to proximity to restaurants, activities, and sites. Due to the lack of hotels outside of the downtown core, hosts in neighborhoods not traditionally known for tourism offer a great hotel alternative on sites like Airbnb and experience strong occupancy.
The Vaughan short term rental market is a seasonal market due to variability in travel demand throughout the year. The strongest months of the year are between May to October, with the summer months being the busiest time. The summer demand is generated by increased tourism, conferences, and events. Hosts renting their homes in the winter months may decide they want monthly executive rentals to provide stable monthly income and occupancy due to lower tourism demand.
Vaughan considers short term accommodations as residential units offered for rent for less than 29 consecutive days. Homeowners or tenants can only operate a short term rental from their principal residence. According to the Short Term Rental Licensing By-law, a Short Term Rental License is required for both owners and brokerages. Moreover, all short term rental owners and brokerages require a MAT number. For any questions about the Vaughan short term rental regulations or vacation rental license, you can visit the city’s website or contact us.
Guestable has enabled Stephanie to rent out her home on Airbnb and other short term rental platforms without having to worry about day to day management.
Please provide more information about your rental property so we can provide you with a short term rental earnings estimate and a quote for our property management and Airbnb listing management services.
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