Are Airbnb's Legal In Ontario?

A friend told me that she went to the Caribbean for a holiday on a deal and it cost her $1,000 for 10 days.

While she was away, she rented out her downtown Toronto condo on Airbnb for $1,500. Sounds good. But is what she did legal in Ontario?

Here’s what Airbnb is all about:

Airbnb is a website that connects travellers from all over the world to homeowners who are looking to make extra money by renting out their entire homes, or in some cases, an extra room, for short periods of time. In just 6 years, the company has grown to now have over 550,000 room listings available on their website.

You hook up with your homeowner through the website and Airbnb takes a cut of the money that you pay.

Buying Brand New Construction

Buying a brand new home or condo has never been so accessible or appealing.

As you visit presentation centres, you may find scale models and glossy brochures showing the planned development, a variety of floor plans, examples of fixtures and finishes, and friendly sales staff who are eager to help.

But it’s important to remember that the salesperson working at the presentation centre is representing the builder. While the Real Estate and Business Brokers Act, 2002 (REBBA 2002) mandates that registered real estate professionals treat all parties in a transaction with fairness, honesty and integrity, those folks will be working with the builder’s best interests in mind.

Additionally, if the representative is a full-time salaried employee of the builder, they may not be registered with RECO.

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Meet Our Team

Maison Valley consists of Mase Dhirani and Sam Valimohamed, two top-producing RE/MAX Ultimate agents, who specialize in the various aspects of both residential and commercial real estate including selling properties, acquiring for buyers, investments & property management.

Sales Representative, RE/MAX Ultimate
Sales Representative, RE/MAX Ultimate