City Regulation of Short-Term Rentals – What Should Condos Know?

The blog post discusses the regulations regarding short-term rentals in the city of Toronto and the impact on condominiums. It explains that short-term rentals in Toronto are only allowed in a host's primary residence and for a maximum of 180 nights per year. Condominium corporations have the right to pass their own bylaws regarding short-term rentals and can prohibit them entirely if they choose to do so. The post provides some guidance for condominium corporations on how to deal with short-term rentals and the importance of enforcing their bylaws. It also highlights the need for condominium corporations to stay informed about any changes to the regulations and adjust their bylaws accordingly.