Short Term Rental Management in Toronto: What It Is and Why It’s Changing the Game for Property Owners

Diego Alberto Rivera
2 days ago
2 min read

With Toronto’s housing market constantly evolving and tourism steadily increasing, more property owners are turning to short term rental management as a profitable alternative to traditional leases. But what exactly does this model involve? And is it really worth the investment?

In this guide, we’ll break down everything you need to know — including how professional property management services like Keyper can help maximize income while minimizing headaches.

1. What Is Short Term Rental Management?

Short-term rental management refers to the process of handling every aspect of renting out a furnished property on a short-term basis — typically through platforms like Airbnb, Vrbo, or Booking.com.

It includes:

Guest screening
Cleaning between stays
Calendar optimization
Revenue management
Guest communication
Repairs and emergency support

For busy owners or investors, managing these tasks alone can be overwhelming — which is where companies like Keyper come in.

2. Why Short Term Rentals Are Thriving in Toronto

Toronto offers:

High tourist traffic year-round
Corporate travelers looking for furnished alternatives
Students and digital nomads
A flexible housing market

This creates demand for high-quality, short-term accommodations that are properly managed and consistently maintained.

3. Benefits of Hiring a Short-Term Rental Manager

Higher Revenue: Experts use dynamic pricing tools to adjust rates based on market demand.
Time Savings: You don’t need to handle check-ins, bookings, or guest issues.
Better Guest Experience: Cleanings, amenities, and communication are handled with professionalism.
Regulatory Compliance: Stay compliant with Toronto’s short-term rental bylaws.

4. Is It Better Than Long-Term Rentals?

While long-term leases provide predictable income, they often generate lower monthly profit compared to a well-managed short-term rental.

Here’s a simplified comparison:

Feature	Long-Term Lease	Short-Term Rental
Monthly Revenue	Lower	Higher (with occupancy)
Flexibility	Low	High
Maintenance Visibility	Minimal	Ongoing
Tenant Risk	Higher	Lower due to shorter stays

5. What to Look for in a Short Term Rental Management Company

Local experience in Toronto’s neighborhoods
Transparent pricing
24/7 availability
In-house cleaning & maintenance
Proven track record of reviews and happy clients

If you want to earn more from your Toronto property without giving up your time and sanity, short term rental management is the solution. At Keyper, we help homeowners and investors build profitable rental portfolios — while taking care of the details behind the scenes.

📩 Let’s talk.Book your free strategy call today and find out if your property is a good fit for the short-term rental model.