Own a condo in Downtown Toronto and want it earning without the work? CoHost Toronto manages Airbnb and mid-term rentals for downtown owners. Management starts at 10%, there’s no long-term contract, and the listing stays in your name.
Why Downtown Toronto Works for Short-Term and Mid-Term Rentals
Few places in Canada have demand like the downtown core. Guests come for business, concerts, games, conventions, film festivals and hospital stays, often all in the same week. That variety means a well-run downtown condo rarely depends on one type of guest or one season.
- Business travel: the Financial District and King West bring weekday corporate guests and multi-week project stays.
- Events: Scotiabank Arena, Rogers Centre and the Metro Toronto Convention Centre create sharp spikes in demand on event dates.
- Tourism: the waterfront, St. Lawrence Market and the Entertainment District keep weekends busy for most of the year.
- Medical and academic stays: nearby hospitals and universities drive steady 1 to 6 month bookings, which suit a mid-term strategy.
Downtown Neighbourhoods We Manage
We work with condo and house owners across the core, including the Financial District, Entertainment District, King West, CityPlace, Harbourfront, St. Lawrence and the Distillery District, and the Yonge and Dundas area. Each pocket attracts a slightly different guest, so we price and position every listing for the people most likely to book it.
Short-Term or Mid-Term: Picking the Right Strategy
Not every downtown unit should be a nightly Airbnb. Toronto only allows short-term rentals (under 28 nights) in a host’s principal residence, and the host must register with the City. Many condo buildings also restrict short-term stays in their declaration or rules.
Stays of 28 nights or more are a different category, which is why mid-term rentals are often the better fit for investment condos. Before we take on your property, we look at your building’s rules and your situation and recommend the strategy that keeps you compliant and earning: short-term, mid-term or a mix.
What’s Included in Our Downtown Airbnb Management
- Dynamic pricing that reacts to downtown events, conventions and seasonality, so you’re not leaving money on the table on big nights.
- Listing optimization, including the title, description, photos guidance and amenities that downtown guests search for.
- Guest communication around the clock, with a typical response time of about 5 minutes.
- Guest screening to protect your unit and keep your building’s management and neighbours happy.
- Cleaning, linens and restocking between every stay, coordinated by our local team.
- Building logistics like key and fob handoffs, concierge coordination, parking and elevator rules.
- Maintenance coordination and clear monthly owner statements.
Simple Pricing, No Lock-In
Management starts at a flat 10%, with no long-term contract. You keep ownership of your listing and your reviews, so you’re never stuck. See our pricing for the full details, or browse all the areas we serve across Toronto and the GTA.
Downtown Toronto Airbnb Management FAQ
Can I run an Airbnb in my downtown condo?
It depends on two things: whether the unit is your principal residence, which Toronto requires for stays under 28 nights, and whether your condo’s rules allow it. If short-term isn’t an option, a mid-term rental of 28 nights or more is often a strong alternative. We’ll help you work out which applies.
How much can my downtown condo earn?
Earnings vary with location, size, finishes, building amenities and strategy. Request a free revenue estimate and we’ll give you a realistic projection for your specific unit, not a generic average.
Do I have to give up my Airbnb listing?
No. We co-host on your existing listing, so you keep your account, history and reviews. If you ever leave, everything stays with you.
Is there a minimum contract?
No. There’s no long-term contract. We’d rather keep you because the results are good.
Get a Free Revenue Estimate for Your Downtown Property
Tell us about your condo or home and we’ll send a free, no-obligation estimate of what it could earn. You can also call us at (647) 600-3889.