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An Edmonton STRs group wants the city to regulate their businesses rather than ban them.

Ontario Landlords Considering More Short-Term Rentals

More Ontario rental-housing landlords are looking to take their properties off the long-term market and list them as short-term rentals to avoid difficulties with tenants and debt repayments, says a new report from BNN Bloomberg.

The moves would allow landlords to avoid long waits for provincial landlord-tenant board hearings in cases where tenants can’t play their rents, gain more profit through higher rents and reduce mortgage costs amid high interest rates, Davelle Morrison, a broker with Toronto-based Bosley Real Estate told BNN Bloomberg.

Morrison, also president and chair of the Licensed Short-Term Accommodators of Prince Edward County, said more long-term-rental property landlords are looking to switch to short-term leases that can be found on websites such as Airbnb Inc. and Vrbo, depending on the licenses and jurisdictions in which the properties are located.

Ontario landlords’ interest in more STR activity comes as Canadian housing regulators are looking to crack down on them. The B.C. government plans to introduce new STR rules this fall.

Photo: Daniel Krason /


Inside The Story

Bosley Real EstateDavelle Morrison

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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