Short-term rentals and housing affordability in Ontario

This report analyzes short-term rentals (STRs) in the province of Ontario, and applies the results of a new Canada-wide study of the impact of STR activity on rents to Ontario communities. It estimates the amount of rent increases in Ontario caused by STRs, demonstrates the effectiveness of principal-residence requirements at driving down rents, and lays out a set of STR regulatory principles for Ontario, based on Canadian best practices.