Niagara-on-the-Lake

Discover the Benefits of Choosing Full Home as Your Airbnb Property Manager in Niagara-on-the-Lake

As a leading Airbnb property management service in Niagara-on-the-Lake, Full Home is dedicated to helping you maximize your rental income, alleviate the stress of property management, and safeguard your investment from potential issues.

Our extensive range of services covers everything from marketing your property and handling bookings to providing 24/7 guest support. Regardless of your property's location, we are committed to transforming it into a lucrative investment.

Don't hesitate – let Full Home guide you through the realm of luxury short-term rentals in Niagara-on-the-Lake, ON. We are prepared to assist you in creating an outstanding experience for your guests while ensuring your peace of mind. Embark on your journey to successful property management with us.

Wondering about the profitability of Airbnb in Niagara-on-the-Lake, ON?

According to a short-term rental calculator, a 2-bedroom apartment in Niagara-on-the-Lake can yield an annual revenue of C$40,966 with a consistent occupancy rate of 58% and a nightly rate of C$1751. Keep in mind that profitability can vary based on factors like location, property type, management costs, and fluctuations in local regulations and market conditions. Conducting a thorough analysis and seeking advice from real estate professionals or financial advisors is recommended before making any investment decisions.

Niagara On The Lake: Essential Information and Statistics

Airbnb operations are legal in Niagara. As of July 2022, there are 7,599 nights available on Airbnb, offering various short-term rental options, including Bed and Breakfast Establishments, Cottage Rentals, Country Inns, Vacation Apartments, and Villas.

Key Airbnb Statistics for Niagara On The Lake (July 2022):

  • Total Airbnb listings: 482

  • 51% of entire houses can earn up to C$1,612 per month.

  • Average Occupancy Rate: 39%

  • Average Daily Rate: C$124

  • A 2-bedroom apartment has the potential to earn up to C$29,565 per year, according to Airbtics.

Short-Term Rental Applications in NOTL:

  • Governed by By-law No. 4634-13 (Consolidated as of August 30, 2021).

  • The 2023 Application process may take between 8 to 10 weeks.

  • Only complete applications with valid signatures will be accepted.

  • Operators are required to have an active license.

  • Council permits up to three bedrooms in an owner-occupied dwelling in three residential zones and up to four bedrooms in the River Road district.

  • Licenses are non-transferable and remain the property of the city.

  • Three violation notices can lead to license suspension.

  • Operating without a license is considered a chargeable offense.

Licensing Fees:

  • $65 per year for a tourist-home license.

  • $500 for a new or change of ownership license.

  • $250 for the renewal of an existing license.

Updates:

As of February 15, 2023, there is a notice regarding the Renewal Application process. Stay informed to ensure compliance with regulations in Niagara On The Lake.