Toronto is mulling regulations that would ban landlords from short-term rentals of secondary homes on sites such as Airbnb. The changes would allow annual of short-term lettings in three rooms within the landlord's primary home. An earlier proposal permitting landlords to rent sub-units of their principal residence, such as basement apartments, on short leases was rejected by the city. If the new proposals are accepted then landlords would have to register as a short-term renter and pay an just 28 days charge of CAD$50 (£39.45).
Toronto is mulling regulations that would ban landlords from short-term rentals of secondary homes on sites such as Airbnb. The changes would allow just 28 days of short-term lettings in three rooms within the landlord's primary home. An earlier proposal permitting landlords to rent sub-units of their principal residence, such as basement apartments, on short leases was rejected by the city. If the new proposals are accepted then landlords would have to register as a short-term renter and pay an annual charge of CAD$50 (£39.45).