Short-term rentals are back in the headlines, this time for stricter municipal enforcement across several Niagara Region communities.
Niagara-on-the-Lake, Fort Erie, and parts of St. Catharines have recently introduced or proposed:
Tighter license caps
Higher registration fees
More rigorous inspections and compliance checks
Fines for unlicensed Airbnb operators
Why now?
Residents have voiced concerns about:
Noise
Lack of long-term rental stock
Investors pricing out locals
And with the provincial and federal governments talking about housing supply issues, local governments are trying to balance tourism with long-term housing stability.
What it means for buyers:
If you’re buying a home as an income property, be sure to check local short-term rental bylaws before assuming you can Airbnb it. In some areas, only principal residences are eligible, or licenses are full.
What it means for sellers:
If your home has been operating as a short-term rental, this could affect its resale value. But if marketed well, it could still appeal to:
Long-term rental investors
Multigenerational families
Upsizers looking for a flexible floor plan
We can help you reposition your property for today’s buyer.
Making smart moves starts with smart advice.
Reach us here: https://fishmangroup.ca/contact
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or call/text 905-808-0839