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AirBnB, VRBO, vacation and executive rental news and issues in Victoria


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#1841 Mike K.

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Posted 09 December 2024 - 08:07 AM

Allow micro-condos (under 400 sq. ft.) unsuitable for long-term rentals in appropriately zoned downtown tourism areas to offer short-term rentals: They are not taking away affordable or appropriate housing.



But hold on, isn’t the City’s MMHI all about these small units? And what about the provincial SMUH or whatever it’s called, allowing up to four units on a SFD lot? These are not going to be large units, the way the program is described with a primary residence and three suites.

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#1842 spanky123

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Posted 09 December 2024 - 09:25 AM

But hold on, isn’t the City’s MMHI all about these small units? And what about the provincial SMUH or whatever it’s called, allowing up to four units on a SFD lot? These are not going to be large units, the way the program is described with a primary residence and three suites.

 

The 4/6 unit proposals that I have seen go through as generally for 800-900 sq ft townhome ish developments where the developer can still get $1M a unit in decent neighbourhoods.



#1843 Mike K.

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Posted 09 December 2024 - 10:06 AM

Can you link to a 4-unit MMHI or SMUH (Bill 44) project that I can reference, that went through locally? I’d be curious to see the layouts.

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#1844 Victoria Watcher

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Posted 05 January 2025 - 06:42 AM

Since new restrictions on short-term rentals were put in place last May, owners of 1,500 units throughout the province have been informed that they are not in compliance, B.C. Housing Minister Ravi Kahlon says.

 

Most owners immediately moved into compliance once reached by the province’s 11-person enforcement team, but 75 cases remain under investigation and could result in fines of up to $5,000 per day if they are deemed to be contravening the rules, Kahlon said.

 

Under the new regulations, owners can only rent out their primary residence or a unit on that property, such as a laneway house or secondary suite. They are required to register with their local municipality and maintain a valid business licence.

 

About 1,300 of the 1,500 non-compliant cases stemmed from public complaints, Kahlon said.

 

 

 

https://www.timescol...launch-10032911



 



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