- Short-term rentals are permitted across the city in all housing types in residential and the residential component of mixed-use zones.
- People can host short-term rentals in their principal residence only – both homeowners and tenants can participate.
- People can rent up to three bedrooms or entire residence.
- People who live in secondary suites can also participate, as long as the secondary suite is their principal residence.
- An entire home can be rented as a short-term rental if owner/tenant is away – to a maximum of 180 nights per year.
- People who rent their homes short term must register with the City and pay $50.
- Companies such as Airbnb must become licensed and pay a fee of $5,000, plus $1/night booked through the platform.
- People doing short-term rentals must pay a 4 per cent Municipal Accommodation Tax (MAT) on all rentals that are less than 28 consecutive days.
- Companies such as Airbnb can enter into voluntary agreements to collect the MAT on behalf of those associated with their company.
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