Rental units are pictured in Toronto on Jan. 12, 2024.
Toronto city council says it has strengthened its short-term rental bylaw to crack down on operators who exploit regulatory loopholes.Condo units are pictured in Toronto on Jan. 12, 2024. Through changes to the city's short term rental bylaw, council is raising registration fees, increasing vetting and allowing for snap inspections. Toronto city council says it has strengthened its short-term rental bylaw to crack down on operators who exploit regulatory loopholes.
"Yesterday's motion actually achieved a fine balance. We're going to have more inspectors and we're closing loopholes," Chow said. "What we did was to update our regulatory framework for Airbnb, short-term rentals. The core element is still that you have to live in a place in order to put it on Airbnb. You can't just own a bunch of places and have them sit vacant except for your Airbnb tenants," Perks said.
Perks said some people were providing false identification to get multiple listings, but said the city has figured out a way to prevent that activity. It will be able to ask operators to submit at least two documents in addition to government-issued identification to demonstrate that the proposed short-term rental is their principal residence.
The city says a short-term rental company is any company facilitating or brokering short-term rental reservations online and receiving payment for this service, such as Airbnb and Booking.com. All short-term rental companies are required to obtain a licence to operate in Toronto.
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