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Short-term rentals are allowed starting April 2018 – but not before

A short-term rental (STR) is a home, or a room in a home, that is rented for less than 30 days at a time.

Starting April 2018, short-term rentals are allowed, based on new rules that City Council approved at the October 2017 public hearing.

Before April 2018, short-term rentals are not allowed in Vancouver, except in hotels or bed-and-breakfasts (B&Bs) that are zoned and licensed.

Current rules

 Allowed

Long-term rentals (30 days or more at a time) are allowed in all residential dwelling units (or a room within one) if you have a residential rental property business licence.

 Not allowed

Short-term rentals (less than 30 days at a time) aren't allowed, except for hotels or bed-and-breakfasts (B&Bs) that are zoned and licensed.

New rules starting April 2018

 Allowed

Short-term rentals are allowed when:

  1. It's your principal residence, in other words, where you live most of the year and the residential address you use for bills, identification, taxes, and insurance
  2. It's a legal dwelling unit (a home with an address that complies with all applicable regulations, including building code and fire safety)
  3. You have a short-term rental business licence
  4. If you're renting, your landlord allows you to sublet your home as a short-term rental
  5. If you're in a strata, your strata bylaws support short-term rentals in your building

Long-term rentals are allowed in all residential dwelling units (or a room within one) if you have a residential rental property business licence.

 Not allowed

Short-term rentals aren't allowed when:

  1. It's not your principal residence, in other words, you don't live there most of the year
  2. If you're a renter, your landlord doesn't allow you to sublet your home as a short-term rental
  3. If you live in a strata, your strata bylaws don't support short-term rentals in your building
  4. It's an illegal dwelling unit (it doesn't comply with all applicable regulations, including building code and fire safety) 

Will you have to pay the Empty Homes Tax?

No. To rent your home short-term, it needs to be your principal residence. The tax doesn't apply to principal residences.

Learn about the Empty Homes Tax

Why we’re changing the rules

Vancouver is facing a housing affordability crisis, rental vacancies are low, and short-term rental listings continue to grow. This large, unregulated market creates:

  • Health and safety risks to residents and tourists
  • Imbalance between hotels, long-term renters, and others with taxes and licencing fees

Allowing short-term rentals only in your primary residence with a business licence will:

  • Allow you to earn additional income
  • Provide Vancouver with short-term accommodation options to support our tourism industry
  • Help us respond to any concerns with noise, garbage, parking, and safety
  • Help us protect existing long-term rental housing and potentially add new long-term rental housing to the market

Timeline

Here is our process and anticipated milestones.

  • Oct 2016

    City Council asks staff to create new business licence rules for renting principal residences short-term

  • Ongoing

    Staff investigate existing short-term rental operations in Vancouver and other cities

  • Jul 11, 2017

    Staff present the proposed rules to City Council, who refers them to a public hearing

  • Nov 14, 2017

    City Council holds the public hearing and approves the proposed rules and related bylaw changes

  • WE ARE HERE
  • Apr 2018

    Short-term rentals are allowed in principal residences and you can apply for a business licence

 
 
Source:http://vancouver.ca/doing-business/short-term-rentals.aspx
 

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