11-11-2019, 02:00 AM
(11-08-2019, 09:53 PM)Lordelsinore Wrote: In a 2016 Spectator article the avg airbnb host earned $3900/yr....that's a little more than 30 days of the year that a unit would be occupied. I'd be OK with not having any neighbors above, below, or beside me for the majority of the year. And considering KW has a shortage of rentals available wouldn't you be a fool for not securing a long term tenant and guaranteeing income?
Something must be missing. Did it say these were exclusively rental units? Because that would be a massively poor investment for the buyer of a 200-500k unit (a lot more if Toronto is factored in). Must be owner occupied less a handful of nights and air bNb suuplimented or something....