Yes.
House of Assembly at 181 Sterling Road allows short-term rentals on Airbnb with nightly stays, no landlord commission and no pet restrictions.
Last verified November 3, 2026 by Park Place PropertiesHouse of Assembly is the first condo building in Marlin Spring's Sterling Junction community, in the Junction Triangle in Toronto's west end. Its neighbour is the Museum of Contemporary Art (MOCA), and it sits next to the Toronto Railpath, surrounded by galleries, cafes, breweries and restaurants.
For guests, the transit is the selling point. The UP Express at Bloor station is about an 8 minute walk and gets to Pearson Airport or Union Station in about 15 minutes, so travellers can go from the plane to the front door without a car. Dundas West and Lansdowne subway stations are both about 12 minutes on foot.
The building is also very pet friendly, with a pet spa and a pet play area on the rooftop. Allowing pets opens your listing to travellers who often pay more and have fewer options. With no landlord commission and only 10 licences, House of Assembly is one of the least crowded Airbnb friendly buildings in the city.
| Address | Licences | Rank in Toronto |
|---|---|---|
| 181 Sterling Rd | 10 | #58 |
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 House of Assembly (181 Sterling Rd), 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 | $233.33 / $299.54 / $349.35 | $4,728.09 | $6,162.97 | $40,834.12 | $2,500.00 |
| 2 Bed + 2 Bath | $323.13 / $390.11 / $455.55 | $6,157.69 | $8,036.59 | $52,388.84 | $3,000.00 |
| 3 Bed + 3 Bath | $399.00 / $461.00 / $552.00 | $7,276.65 | $9,738.11 | $61,459.58 | $3,400.00 |
*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 House of Assembly (181 Sterling Rd) averages about $300 a night and nets around $4,728 a month as a short-term rental. The same unit rented furnished for 28+ nights brings in about $2,500 a month before fees, which is why we only switch to monthly stays once the 180-night cap is used up.
Our analysis for this building puts the busiest months in June, July and August, the slowest short-term months in April and October, and the furnished monthly-rental season from November to March.
Because this is a newer building in a neighbourhood with few short-term rentals, the first well-reviewed listings here can set the market rate.
Download the full revenue analysis for House of Assembly (181 Sterling Rd) (PDF) or see how House of Assembly (181 Sterling Rd) compares in our ranking of the best Airbnb friendly condos in Toronto.
Concierge, Lobby Lounge, Social Lounge & Party Room, Wellness Centre, Yoga Studio, Rooftop Terrace with BBQ & Dining Areas, Pet Spa, Rooftop Pet Play Area, Bike Parking, Parcel Storage
| Destination | Walk | Why Guests Go |
|---|---|---|
| Museum of Contemporary Art (MOCA) | 1 min | Toronto's contemporary art museum |
| Bloor GO & UP Express | 8 min | 15 minutes to Pearson Airport or Union Station |
| Lansdowne Station | 11 min | Subway Line 2 |
| Dundas West Station | 12 min | Subway Line 2 |
Approximate walking times from OpenStreetMap routing.
Travellers on short trips who want a quick UP Express connection to Pearson.
Visitors to MOCA and the galleries, breweries and restaurants of the Junction Triangle and Bloordale.
Pet owners, thanks to the pet spa and rooftop pet area.
Guests who want a neighbourhood stay, with High Park and the Railpath close by.
| Developer | Marlin Spring, with Greybrook Realty |
| Interior design | U31 |
| Suites | About 266 |
| Community | The first of three condo buildings in the Sterling Junction master plan |
| Neighbourhood | Junction Triangle |
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. House of Assembly at 181 Sterling Road allows short-term rentals on Airbnb with nightly stays, no landlord commission and no pet restrictions.
House of Assembly (181 Sterling Rd) has 10 short-term rental licences on the City of Toronto register as of November 2026.
No. There is no landlord commission, so the full Airbnb payout goes to the owner.
Based on our revenue analysis, a 1 bed + 1 bath nets about $4,728 a month on average as a short-term rental, and a 3 bed + 3 bath about $7,277 a month, after Airbnb fees and management commission.
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 |
| 112 George Street (Vu) | 12 | Yes | $6,697.12 |
Our team will provide you with an in depth financial property analysis that combines proprietary historical data, local property comparables, and live pricing.
