• Airbnb Licensing in Toronto

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Why Airbnb License in Toronto is so Important

If you are planning to rent out your property in Toronto on Airbnb, you may need a license depending on the type of property you have and how often you rent it out. As of September 2017, the City of Toronto implemented new regulations that require all short-term rental operators to obtain a license.

If you are renting out your primary residence (i.e., a room or a whole home that you live in for at least 180 days of the year), you are not required to have a license. However, you are required to register with the City and pay an annual fee of $50.

If you are renting out a secondary residence, such as a vacation home, investment property, or rental property, you will need to obtain a license from the City. The license fee is $1000, and there are additional requirements, such as insurance and safety regulations, that must be met.

Airbnb Licensing Toronto

Do I Need Airbnb Licence in Toronto?

Airbnb Licensing Toronto

It’s important to note that if you are renting out your property on Airbnb without the proper license or registration, you could face fines of up to $100,000 for individuals and $500,000 for corporations. Additionally, your guests could be evicted, and you could be liable for any damages or harm caused by your guests.

You can short-term rent a secondary suite if you are the principal resident of the suite.

If you are unsure about whether you need a license or registration to rent out your property on Airbnb in Toronto, it’s best to consult with experts of MasterHost. We will help you to locate the bylaws, apply for a license, and explain what it takes to legally rent your property on Airbnb.

Benefits to Our Clients in Toronto

  • Efficient Service – at MasterHost, we take pride in offering quick and efficient solutions for our clients’ Airbnb licensing needs. With our extensive experience, we have assisted numerous clients in obtaining their Airbnb license in Totorno, saving them valuable time and effort that would have otherwise been spent navigating the complex bylaws that govern their municipality, Airbnb property, and building.
  • Expert Team – our professional team comprises knowledgeable experts who possess a thorough understanding of the unique licensing requirements associated with Airbnb properties in Toronto. We understand that each Airbnb licensing case is different and requires a tailored approach to ensure that our clients receive the best guidance and support through the entire licensing process.
  • Keeping Up-to-Date – at MasterHost, we recognize that licensing requirements are ever-evolving, and it is essential to stay up-to-date with any changes that may impact our clients. That’s why we are committed to constantly monitoring and updating our knowledge of the licensing regulations in Toronto. We strive to keep our clients informed and provide them with the necessary guidance to ensure their Airbnb license is renewed on time and in compliance with all applicable regulations.
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