Short-Term Airbnb in Waterloo, Ontario
Here are some key points:
Short-term rentals are allowed in Waterloo, but property owners must obtain a license from the city before listing their property on platforms like Airbnb or VRBO.
To obtain a license, property owners must submit an application, pay a fee, and meet certain criteria, such as having insurance coverage and complying with fire safety regulations.
Short-term rentals are limited to a maximum of 180 days per year, and the property owner or their representative must be present during the rental period.
The city has implemented a zoning bylaw that restricts short-term rentals to certain areas, such as designated tourist areas, and prohibits them in residential areas.
Noise and nuisance complaints are taken seriously by the city, and property owners can be fined for violations.
The city requires short-term rental operators to collect and remit a 4% Municipal Accommodation Tax (MAT) on all bookings.
Given these regulations, it is important for property owners to have a thorough understanding of the rules and requirements for short-term rentals in Waterloo. Hiring an experienced and trusted Airbnb property management company, like Sunrae Stays, can help property owners navigate these regulations successfully. A professional property management company can ensure that your property is compliant with all regulations, handle guest communication, cleaning, and maintenance, and help you maximize your rental income.
Contact Sunrae Stays today to learn how we can help you with your short-term rental property in Waterloo.