Vancouver Airbnb arbitrage guide (2024)
Short-term rentals in Vancouver average $165 per night at 57% occupancy across 2 sampled comps. That puts a typical 2-bedroom unit at roughly $3,211 in net booking revenue per month before rent.
Avg. nightly rate
$165
Market occupancy
57%
Breakeven occupancy (2BR)
40.7%
| Unit size | Nightly rate | Net revenue / mo | Operating costs | Max rent | Target rent | Cashflow |
|---|---|---|---|---|---|---|
| 1 bed | $143 | $2,849 | $848 | $2,000 | $1,300 | $700 |
| 2 bed | $165 | $3,211 | $848 | $2,363 | $1,536 | $827 |
| 3 bed | $190 | $3,627 | $848 | $2,779 | $1,806 | $973 |
Assumes 3% platform fees, $75 guest cleaning fee, $55 cleaning cost per turn, ~3-night average stays, and $530/mo of utilities, insurance, supplies and misc. All figures in USD.
1. Filter long-term listings in Vancouver under $1,536/mo for a 2-bedroom, and confirm the landlord allows sublet or corporate-style short-term hosting in writing.
2. Pressure-test occupancy. You need 40.7% just to break even, versus the 57% market average — thin markets punish weak listings.
3. Budget furnishing before you sign. Use the furnishing estimator to price a full fit-out for Canada including tax and shipping.
4. Track every purchase for tax season in the expense tracker, and keep your underwriting in the deal vault so you can compare units side by side.