Want to Rent Your Home on Airbnb? Here's What You Need to Know

To be able to rent out your home on Airbnb (for a max of 30 days), you must live in the home for a minimum of one year and the suite must be legal and meet all building and safety regulations. If you live in a stratified building or are currently renting you must review the bylaws to confirm they allow short term rentals and/or request permission from your landlord.


In order to apply for the short-term rental business license, you need to meet the following building and fire safety requirements including:


  •  Confirm your home is a legal dwelling unit.
  •  Provide 24-7 contact information.
  •  Post a fire plan at all entrances and exits.
  •  Have interconnected smoke alarms on every floor and in every bedroom.
  •  Have a working and accessible fire extinguisher on every floor.
  •  Have carbon monoxide detectors on every floor if there are gas appliances.
  •  Have a fire alarm in the building if it has more than three dwelling units or 10 occupants.
  •   By January 1, 2023, have an automated sprinkler system or fire separation between units with at least a 45 minute fire-resistance rating, unless a higher resistance rating is required for the building type by the Building Bylaw or Fire Bylaw, if your short-term rental accommodation is attached to another dwelling unit.
  •  Inspect, test annually, and keep related records for smoke alarms, fire extinguishers, and carbon monoxide detectors.
  •  Review your insurance policies and cover any costs or damages that come from operating your short-term rental business.
 Information collected from Vancouver City Website


If you do qualify to use your property for short term rentals the next step is to acquire a short-term rental business license from the city of Vancouver. The cost of the license is a one-time fee of $54 plus $49 annually.


You can apply for the license online here.


Once you have completed the application and received your short-term business license, you can now post your property on Airbnb. Don’t forget to include your business license number on the listing, failure to do so can be a fine of up to $1,000.


Have any questions? Call, Text or Email me.

778.988.7487

Barbara.hutniak@remax.net

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