How many rental units will Toronto’s new Airbnb regulations return to the market?

Original article via Metro News. Click here to read.

It’s official: Toronto’s passed a strict regime of regulations on short-term rentals from companies like Airbnb, and basement suites are off-limits.

But the big question is how many rental units this will actually return to the market.

The city estimated in a June 2017 report there are 3,200 Airbnb listings in the city that aren’t in “principal residences,” meaning a landlord is essentially renting to short-term tenants instead of long-term ones.

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