The Government’s answer to STR owners is simply to convert to LTR to increase housing affordability, yet here’s an example of why the Government’s solution isn’t a solution.

Man sleeping in his car says tenants owe more than $31K, won’t leave his rental property. Ontario government says it’s working to speed up hearings at Landlord and Tenant Board. Landlords like Marco are facing financial hardships as tenants refuse to pay rent and cannot be evicted promptly. The emotional toll on property owners is described as devastating, with tenants […]

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We’ve been down this road before. Bad planning by councils and knee jerk reactions to the increase in STRs during the pandemic. Smart municipalities are taking a ‘wait and see’ approach to cottage rentals, sadly Tiny is not one of them.

The Ontario Land Tribunal has declared that a 2020 bylaw aimed at regulating short-term rentals (STRs) in Oro-Medonte Township was “bad planning” and would not effectively address the issue. The bylaw, which defined short-term rentals as those renting out for 28 days, would inadvertently make benign family cottage rentals illegal and introduce unintended consequences. The tribunal’s decision suggests that an […]

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This letter was written about a ghost hotel making $50k/week. This is the exception, not the norm and we would support the case of regulation of such properties.

The majority of STR owners break even or take a loss as we rent ‘not for profit’ but to help us afford a piece of property we can also enjoy with our families Read the full article below 👇🏼 https://www.orilliamatters.com/letters-to-the-editor/letter-short-term-rentals-posing-long-term-problems-5272441

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