Members of Planning Committee and Community and Protective Services Committee are meeting on Thursday, April 22 to discuss the proposed Short-Term Rental By-law to regulate the short-term rental of residential dwelling units in the city. The by-law and related Zoning By-law Amendments must be approved in order to permit the short-term rental of principal residences for a three-year trial period.
The by-law will permit hosts, either homeowners or lessees, to rent their principal residence to guests after obtaining a host permit and showing proof of necessary residential insurance. Residential units exclusively dedicated to short-term rental will continue to be prohibited to protect the housing stock for residents of the City.
Currently short-term rentals are not permitted in residential zones, except as a bed and breakfast use. There are also currently exemptions for residential properties in mixed-use zones, which can technically operate dedicated short-term rentals under the hotel use where permitted. The by-law and accompanying zoning amendments will more narrowly define short-term rental, bed and breakfast, and hotel uses in order to properly enact the new policies.
You can view the meeting agenda here and read the background reports below: