Property holders, who want to rent their principal residence or secondary vacation property, like a cottage, for short-term rentals, must now register for a permit and provide the necessary requirements – providing consumers protection and peace of mind.
Short-term rental properties are permitted for primary residences in urban neighourhoods and rural villages and secondary properties in other rural settings, like a vacation home or cottage. The City’s short-term rental permit, which becomes an enforceable requirement on April 1, requires the property holder to meet the criteria and provide key information to the City and customers:
- Contact information of the property owner, holder or manager for any urgent need or requirement
- Proof the property the urban or rural village property is a principal address
- Proof of ownership of a secondary property
- Proof of insurance
- Registration on a short-term rental platform
- Floor plans of the residence, along with all the exits
- Approvals from any condominium corporation or property owner, should the permit applicant is renting the principal residence.
- Listing of the number of bedrooms to ensure the numbers of guests do not exceed capacity limits
- All the necessary emergency contact information, such as 9-1-1
- Listing to the customers of the City’s bylaws – such as noise, parking and property maintenance regulations
A short-term rental host can also hire a third-party to act as a property manager, but consumer-protection requirements must also be met.