There are as many as 6,500 homes in Toronto being used as short-term tourist rentals rather than full-time residences — a number that has nearly doubled in two years, according to a report released Wednesday by Fairbnb, a group that has pushed for more regulation of short-term rentals by platforms such as Airbnb. Have your sayMore than 600 of about 1,300 condos at the Ice buildings on York St. north of Queens Quay are being used as short-term rentals, said Wieditz. The Toronto regulations approved more than a year ago would allow short-term rentals in a host’s principal residence. Fairbnb wants the province to consider short-term rentals as part of its Housing Supply Action Plan that is looking at boosting the housing stock across the province. Weiditz said the province has not yet considered short-term rentals to be a problem in tight housing markets.

Source: thestar January 09, 2019 17:01 UTC