Kelowna Real Estate Market News

Kelowna Short Term Rental By Law Update February 2019

The City of Kelowna Council heard Staff recommendations yesterday for moving forward with new Short Term Rental By-Laws, as the number of Short Term rentals in the City has been rising.

The new regulations are aimed at balancing the demand for short-term rentals as tourists visit the City, with the need to protect for long-term rentals and limit impacts on neighbouring properties.

The goal is to provide clarity on how short-term rentals can operate.

Short-term rental accommodation will be defined as a new use, with more specific regulations associated with it, and introduce it as a principal or secondary use in the appropriate zones. The amendments also remove the ‘apartment hotels’ use from the Zoning Bylaw.

Here is a snapshot of some of the proposals-:

The Public Hearing is set for 6 p.m. March 12th, 2019, and is expected to come into force later in the Spring.

If you do currently undertake Short Term Rentals, you will need to have a Licence, and there will be a new By-Law Officer enforcing this and the Licence fees are currently expected to be somewhere between $350 and $500 p.a.

To read the full report to Council please view

Kind Regards

Trish Cenci

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