Politician alleges over Toronto 12,000 Airbnb rentals are exploiting a legal loophole

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Politician alleges over Toronto 12,000 Airbnb rentals are exploiting a legal loophole
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Politician alleges over Toronto 12,000 Airbnb rentals are exploiting a legal loophole Toronto Airbnb

Though the bylaw limiting short-term rentals is specific to the City of Toronto, Bell stressed that"Many of these short-term rentals advertised through Airbnb also violate Ontario law because the tenant does not sign a standard Ontario lease, which is required by law. Tenants are treated like transient guests who can be evicted at the landlord's whim with the click of a button."

This doesn't align with the provincial Residential Tenancies Act's mandatory 60 days' written notice a landlord must provide tenants before terminating a lease. "A landlord cannot use platforms like Airbnb to bring in tenants, then wash their hands of provincial rental laws," continued Wieditz, adding that"the government should crack down on investors who use Airbnb to make money on the backs of people desperate for a home."

"The Ford government must use its resources and tools to crack down on illegal short-term rentals in investment properties."

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