toronto airbnb

Start of new Airbnb rules in Toronto delayed at least a year

The City of Toronto won't be cracking down on short-term rental operators (read: Airbnb-lords) who book out apartments they don't live in this year, after all.

Good news for people with a stable of cheap units at City Place, but not the best news for Toronto's already hard up rental market.

Councillors voted 40-3 last December in favour of a "registration and licensing program"for all short-term rental activityin Toronto.

The city's Licensing and Standards Committee explained in a report recommending the idea late last year that theseunregulated, so-called "ghost hotels" are having negative impacts on housing affordability and availability.

The rules, which should have come into effect this summer, would have required anyone renting out a short-term space — which would have to be a full home that they live in — to register with the city for an annual fee of $50.

It would also restrict the amount of time they could rent their spaces out to 180 nights.

That's not going to happen, however — at least not for some time, thanks to the postponement of an appeal tribunal contesting the city's vote.

Toronto's Local Planning Appeal Tribunal was scheduled for two days last week, according to The Star, but when it was learned that this situation would take five days to resolve, thetribunal was rescheduled"for the next date when a hearing room, the adjudicators and all parties involved were available."

They'll be meeting again to discuss the manner on Aug. 26, 2019 — nearly an entire year away.

Then, the tribunal could then take up to eight weeks to release its decision while long-term rental units dwindle in the shadow of more lucrative Airbnb-type situations.

Lead photo by

Airbnb


拉test Videos



拉test Videos


加入谈话Loadcomments

拉test in Real Estate

Here's how much landlords in Ontario can hike rent prices by in 2024

Hundreds of tenants in Toronto community stop paying rent during strike against landlord

Toronto apartment building could be torn down for 69-storey condo tower

This 11-ft wide Toronto house that looks abandoned is going for almost $1 million

Enormous condo tower proposed to replace Toronto car wash

This $4 million Toronto home has more fireplaces than bedrooms

Toronto Dollarama location could soon be torn down and redeveloped

You can buy an entire Toronto apartment building for $4.25 million