We believe that, unlike an à la carte solution, a full-service management system is the only way to ensure across-the-board quality control of all aspects of a rental, to get to know your property inside out, and be able to handle any issue that may come up during a stay.
For several years now, Toronto has enjoyed significant popularity and attractiveness. This translates into an ever increasing tourist attendance. The vacation rental sector is no exception, especially as the Canadian city greatly benefits from the popularity of seasonal rental platforms such as Airbnb or HomeAway. Do you own a property in Toronto? Increase your profitability and enjoy peace of mind with Airbnb Luckey Homes management .
Toronto has experienced a peak in tourist attendance for several years: the city welcomed more than 14 million tourists in 2015, compared to a dozen in 2011. Tourism is generating more than 7.2 billion Canadian dollars each year.
The seasonal rental market plays an important role in this dynamism: there are nearly 13.000 Airbnb listings in Toronto. According to the platform, the tens of thousands of tourists booking accommodation through Airbnb in the Canadian city generate $416 million.
The Toronto City Council has recently implemented measures to regulate vacation rentals: owners wishing to offer their property for rent are now required to register with the city for a fee ranging from 40 to 150 Canadian dollars. In addition, it is no longer possible to rent your home for more than 28 consecutive days.
For several decades, Toronto has grown steadily and rapidly in every way. From a demographic point of view first, "the 6ix" (named after the six former municipalities now making up the city) is experiencing a steady growth of its population because of a strong international immigration: nearly half of Toronto residents are born abroad, making it one of the most multicultural metropolises in the world.
Toronto is the 5th most populous city in North America and continues to grow. From an economic point of view, the city is today one of the main Financial Centre in the world and is home to many multinationals and banks. The Canadian metropolis enjoys the popularity of its sports franchises - the Raptors for basketball, the Blue Jays for baseball and the Maple Leafs for hockey - as well as its architectural symbols, including the CN Tower.
Toronto is as diverse as it is fascinating, the atmosphere can be completely different from one street to another. In the city center, the financial district is similar to other big American cities. You can visit the aquarium or take a tour of the Eaton Center, the largest shopping mall in town. Head to the top of the CN Tower for a 360-degree panorama of the city - and even hang out over the void with EdgeWalk. Other neighborhoods, such as Kensington Market, Cabbage Town or The Distillery District are just as worth visiting and have their own atmosphere within the metropolitan area.
You will also find several museums, such as the Royal Ontario Museum or the Art Gallery of Ontario. Finally, go on a boat tour on the Toronto Islands if you want to enjoy a breathtaking view of the city skyline!
Airbnb and Luckey helped Mitch turn his principal residence in Toronto into a lucrative investment propertyFind out more
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