One per cent or less of housing "is by far enough" Airbnb activity to raise housing prices and rent in Toronto, according to David Wachsmuth. CBC's analysis suggests as many as 5.3 per cent of all private dwellings in the neighbourhood are listed on Airbnb. It's one of the top five Airbnb neighbourhoods in Canada, behind parts of Montreal and Quebec City. Top 10 neighbourhoods in Canada by percentage of dwellings listed as 'entire place' rentals on Airbnb, as of April 10, 2019. Methodology: How did CBC analyze Airbnb listings?

Source: CBC News May 01, 2019 07:52 UTC