Tag Archives: Rental Income

Cottage Airbnb first summer results showing rental revenue, occupancy, operating costs, profitability, challenges and lessons learned

Our First Summer Renting a Cottage on Airbnb: $21,375 in Revenue and What We Learned

Earlier this year, I wrote about our experience after the first month of renting our cottage in Port Franks, Ontario. At that point, we had only a handful of bookings behind us. We were still figuring out pricing, cleaning, minimum stays, guest expectations and whether the entire idea of combining a family cottage with a short-term rental actually made sense.

Now the first summer is over.

We deliberately approached 2026 differently than someone buying a cottage primarily for personal use. Our objective for the first year was to establish the property as a rental, build reviews and generate as much revenue as reasonably possible. We didn’t spend a single night there recreationally as a family during the rental season.

The result was just over $21,000 in rental revenue, 75 nights booked through Airbnb, and a much better understanding of both the potential and limitations of trying to make a cottage help pay for itself.

This is what our first full season actually looked like.

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Renting out your primary residence in Canada — checklist of tax risks with a For Rent sign, keys, and calculator

Renting Out Your Primary Residence: The Real Math

The kids are gone. The cottage covers the summers. Somewhere warm covers the winters. And the family home sits there, mostly or completely paid off, quietly worth more than anything else you own. Do you sell it and invest the proceeds — or keep it and turn it into a rental? Here’s what actually happens when you do the second thing, and why the tax consequences run deeper than the income line.


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