Lake Cowichan
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Annual revenue (actual)
C$41.3k
12 mo avg
↑14%
from prior 12 mo
Occupancy rate
43%
12 mo avg
↓1%
from prior 12 mo
Avg daily rate
C$250
12 mo avg
↑14%
from prior 12 mo
Lead time
39 days
12 mo avg
↑0 days
from prior 12 mo
Revpar
C$81
12 mo avg
↑16%
from prior 12 mo
Methodology note: Figures reflect Lake Cowichan market data as of October 2026. Data covers Airbnb, VRBO, and Booking.com listings. Values are seasonally influenced; rounding applied for readability.
Revenue per listing by bedroom
Annual revenue per listing, broken down by bedroom count. Compare which property sizes perform best.
Bedroom count:
0
1
2
3
4+
Short-term rental supply growth
Tracks how the number of active listings changes over time. Rising supply with flat revenue may indicate saturation.
Performance metrics by bedroom
Breakdown of revenue, property values, yields, supply, and cleaning fees for each bedroom type.
Bedrooms
Annual Rev
Supply
Revenue boost by amenity
Shows how specific amenities impact revenue. Beware false correlation i.e. more expensive properties tend to have pools or views.
| Amenity | Listings With | Revenue Boost | Revenue With | Revenue Without |
|---|---|---|---|---|
| Pool | — | +$79,440 | — | — |
| Gym | 🔒 2• (•%) | 🔒 +$3•••• (+••%) | 🔒 $8•••• | 🔒 $5•••• |
| Hot Tub | 🔒 4• (••%) | 🔒 +$3•••• (+••%) | 🔒 $8•••• | 🔒 $4•••• |
| Sauna | 🔒 1• (•%) | 🔒 +$3•••• (+••%) | 🔒 $8•••• | 🔒 $5•••• |
| Parking | 🔒 2•• (••%) | 🔒 +$2•••• (+•••%) | 🔒 $5•••• | 🔒 $2•••• |
| Barbecue | 🔒 1•• (••%) | 🔒 +$2•••• (+••%) | 🔒 $6•••• | 🔒 $3•••• |
| Pets Allowed | 🔒 1•• (••%) | 🔒 +$2•••• (+••%) | 🔒 $6•••• | 🔒 $4•••• |
| Bicycles | 🔒 1• (•%) | 🔒 +$1•••• (+••%) | 🔒 $7•••• | 🔒 $5•••• |
| Lake Access | 🔒 7• (••%) | 🔒 +$1•••• (+••%) | 🔒 $6•••• | 🔒 $5•••• |
| EV Charger | 🔒 3• (••%) | 🔒 +$9••• (+••%) | 🔒 $6•••• | 🔒 $5•••• |
| Internet | 🔒 2•• (••%) | 🔒 +$7••• (+••%) | 🔒 $5•••• | 🔒 $4•••• |
Nightly rate by day of week
Average nightly rate for each day of the week. Most markets see higher rates on weekends.
Occupancy rate by day of week
Shows booking patterns throughout the week. Helps understand demand cycles.
Listings by channel
Listings by rental type
Listings by amenities
Listings by size
4+ bedrooms (0%)
Listings by availability
Length of stay by bedroom
4+ bedrooms (5.8 nights)
2 bedrooms (4.9 nights)
1 bedroom (4.5 nights)
3 bedrooms (4.4 nights)
Studio (3.6 nights)
Cleaning fee by bedroom
4+ bedrooms (CA$238)
3 bedrooms (CA$97)
2 bedrooms (CA$65)
1 bedroom (CA$43)
Studio (CA$41)
Professional host share
Independent hosts (83%)
Professionally managed (17%)
Over the 12 months ending September 2026, the Lake Cowichan market averaged 365 active Airbnb and VRBO listings, down 13% from a year earlier and up 16% over two years.
An average Lake Cowichan listing earns C$40K/year. High-performing listings earn C$76K, while low-performing listings earn C$14K.
Average occupancy in Lake Cowichan is 38%, producing RevPAR of C$82 per available night.
4+ bedroom listings generate the highest average annual revenue in Lake Cowichan, at C$68K.
Rules vary across Lake Cowichan. Lake Cowichan: Moderate. Business license required, zoning restrictions apply. Standard enforcement through complaints. Duncan: Moderate. Business license needed, must comply with zoning bylaws. Complaint-based enforcement, some unlicensed operations exist. Nanaimo: Moderate. Business license mandatory, principal residence requirement for some zones, density limits in neighborhoods. Enforcement through complaints and periodic audits, though some non-compliant hosts operate. Verify requirements for the property's jurisdiction.
The Lake Cowichan Airbnb and VRBO market does not show clear signs of oversaturation. Supply has declined 13% year-over-year, while RevPAR has increased 44%, suggesting demand is outpacing available supply.
RevPAR is highest in August and July; it is lowest in January and November.
The most common amenities are Kitchen (99%), Parking (98%), Internet (95%). The strongest positive revenue associations are Pool (+156%), Parking (+88%), Gym (+69%).
Average daily rate in Lake Cowichan is C$288, up 21% year-over-year. Rates peak in July and are lowest in February.
Guests in Lake Cowichan book an average of 39 days in advance, up 3% from last year. Booking windows range from 35 days for 1-bedroom listings to 57 days for 4+ bedroom listings.
Booking demand is highest on Saturday and lowest on Tuesday. Nightly rates peak on Saturday and are lowest on Wednesday. Weekend occupancy is 32% higher than weekday occupancy.
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