In a news release on August 25, 2020, the City of Toronto announced that registration of short-term rental operators will now be required through the new online registration system.
- Starting September 10, 2020, short-term rental operators will be required to formally register with the City of Toronto before renting out a property for a period of less than 28 consecutive days.
- Rental operators currently renting their property short-term will have a registration deadline of December 31, 2020.
In Toronto, short-term rentals are regulated by the City’s zoning bylaws and the Licensing and Registration of Short-Term Rentals bylaw. The registration of short-term rental operators will allow the City to better oversee adherence to short-term rental rules.
Regulations applicable after registration include:
- Only registered operators will be permitted to short-term rent their property.
- All advertisements and listings for short-term rentals will be required to include a valid city-issued registration number.
- Starting January 1, 2021, a 4% Municipal Accommodation Tax (MAT) will be levied on registered short-term rental operators.
- Short-term rental companies, such as Airbnb, will be required to be obtain a license to operate in the city.
