Yes.
112 George Street (Vu Condos) allows short-term rentals on Airbnb with nightly stays, and guests can use the amenities. The building has pet restrictions.
Last verified November 3, 2026 by Park Place Properties112 George Street is the south tower of Vu Condos, in the quieter Old Town part of downtown between Jarvis and Sherbourne. Guests get a calmer place to come back to, while the east and west ends of downtown are both an easy trip.
St. Lawrence Market is a few minutes' walk away, with farm-to-table food all week and pop-up shops selling local clothing and jewellery. The Distillery District and the Eaton Centre are close too, so the building suits guests who want to shop and eat well during their stay.
With only 12 licences, Vu has far less short-term rental competition than the big towers by the lake. The smaller number of short-term rentals gives it more of a community feel, which makes it a good fit if you plan to live in the unit and rent it out while you travel.
| Address | Licences | Rank in Toronto |
|---|---|---|
| 112 George St | 12 | #48 |
Source: City of Toronto short-term rental registrations open data. Each licence is one registered operator. Ranks count every address on the register, including houses.
These projections come from our revenue analysis for 112 George Street (Vu), based on market comparables and booking data from the properties we manage. "Net" is what reaches the owner after the Airbnb host fee and our management commission.
| Unit | Nightly Rate (Low / Avg / Peak) | Net Monthly (Avg) | Net Monthly (Peak) | Net Annual* | Furnished Monthly Rent |
|---|---|---|---|---|---|
| 1 Bed + 1 Bath | $238.63 / $353.00 / $386.25 | $6,697.12 | $8,190.05 | $56,403.01 | $2,560.00 |
| 2 Bed + 2 Bath | $285.00 / $378.50 / $409.88 | $7,180.90 | $8,691.10 | $62,542.31 | $3,300.00 |
| 3 Bed + 2 Bath | $394.50 / $443.75 / $567.23 | $8,418.83 | $12,027.54 | $74,555.78 | $4,200.00 |
*Net annual assumes 85% average occupancy and the City's 180-night yearly cap: 7 months of short-term stays plus 5 months of furnished 28+ night rentals. All figures in CAD.
A 1 bed + 1 bath at 112 George Street (Vu) averages about $353 a night and nets around $6,697 a month as a short-term rental. The same unit rented furnished for 28+ nights brings in about $2,560 a month before fees, which is why we only switch to monthly stays once the 180-night cap is used up.
In our analysis, Vu's nightly rates are well above ICE's for similar units, and there are very few competing listings in the building. Strong reviews early on go a long way here.
Download the full revenue analysis for 112 George Street (Vu) (PDF) or see how 112 George Street (Vu) compares in our ranking of the best Airbnb friendly condos in Toronto.
Fibre Internet, Concierge, Guest Suites, Gym, Meeting Room, Parking Garage, Party Room, Rooftop Deck, Visitor Parking, Media Room, Rec Room
From the check-in guides we use for the units we manage here. In short: Buzz the concierge; self check-in with a lockbox.
| Destination | Walk | Why Guests Go |
|---|---|---|
| St. Lawrence Market | 5 min | Food market, weekend farmers' market and pop-up shops |
| King Station | 9 min | Subway access across the city |
| Massey Hall | 11 min | Concerts |
| CF Toronto Eaton Centre | 13 min | Shopping |
| Union Station | 15 min | UP Express to Pearson, GO Transit and the subway |
| Distillery District | 17 min | Shops, restaurants and the Christmas Market |
| Scotiabank Arena | 17 min | Leafs, Raptors and arena concerts |
Approximate walking times from OpenStreetMap routing.
| Type | Place | Details |
|---|---|---|
| Grocery | Rocco's No Frills | 200 Front St E |
| Grocery | Metro | 80 Front St E |
| Grocery | Rabba Fine Foods | 171 Front St E |
| Parking | 137 Jarvis St | Paid lot |
| Parking | 219 Richmond St E | Paid lot |
| Parking | King George Square | Paid lot on George St |
Food lovers and weekend visitors at St. Lawrence Market.
The Distillery District, especially during the Christmas Market from November to December.
Concerts at Massey Hall and events at Scotiabank Arena.
Guests who want to be downtown but away from the noise of the Entertainment District.
| Developer | Aspen Ridge Homes |
| Completed | 2010 |
| Height | 24 storeys (south tower) |
| Suites | About 352 in the south tower |
| Sister building | Vu North Tower at 116 George St, 15 storeys |
| Neighbourhood | St. Lawrence / Old Town, Downtown Toronto |
Even in a building that allows Airbnb, every host in Toronto has to follow the City's short-term rental bylaw:
Read our guides on getting a Toronto short-term rental licence and Toronto's Airbnb rules. Always confirm the current rules with the building's property manager before you buy.
Yes. 112 George Street (Vu Condos) allows short-term rentals on Airbnb with nightly stays, and guests can use the amenities. The building has pet restrictions.
112 George Street (Vu) has 12 short-term rental licences on the City of Toronto register as of November 2026, up from 10 the year before.
Yes. Short-term rental guests can use the building amenities.
Based on our revenue analysis, a 1 bed + 1 bath nets about $6,697 a month on average as a short-term rental, and a 3 bed + 2 bath about $8,419 a month, after Airbnb fees and management commission.
Guests buzz the concierge to get into the building. Lockbox key exchange is allowed, so guests can check themselves in without meeting the host.
There is visitor parking on the east side of the building, and paid lots nearby at 137 Jarvis St, 219 Richmond St E and King George Square.
Not as a short-term rental. The City of Toronto only allows short-term rentals in your principal residence, and entire-home rentals are capped at 180 nights a year. Stays of 28 nights or more are long-term rentals and are not covered by the short-term rental rules.
| Building | STR Licences | Landlord Commission | Pets | Net Monthly From |
|---|---|---|---|---|
| ICE Condos (12 & 14 York St) | 340 | No | Yes | $3,076.69 |
| 20 John & 300 Front Street West | 298 | No | No restrictions | $4,595.97 |
| Maple Leaf Square (55 & 65 Bremner Blvd) | 150 | No | No restrictions | $4,263.96 |
| 560 Front Street West (Reve) | 41 | No | Yes | $3,917.72 |
| 11 Yorkville | 37 | No | No restrictions | $3,402.19 |
| House of Assembly (181 Sterling Rd) | 10 | No | No restrictions | $4,728.09 |
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