Thinking of Becoming an Airbnb Host?

The idea of passive income for renting your home sounds appealing to many. Across the globe, Airbnb has become an increasingly popular method for homeowners to get some extra cash for hosting tourists within their own country. In the province of Quebec, Airbnb is legal and flourishing. However for those interested in pursuing the path of temporary rentals, there are rules and regulations they should learn as to not traverse into unwanted territory (to the tune of a potential 50,000$ fine for non-conformity). So to all renters, be aware, before choosing the path of room and board.

Rules and Regulations

If you’re thinking of renting out a property that is not your primary residence as an Airbnb host, an application must be done for a “Certification of Classification.” Essentially this means that an inspection must be done by the Corporation de l’Industrie Touristique du Quebec (CITQ), which concludes whether or not your dwelling is adequately clean, safe and of quality to rent to tourists. Hosts must also obtain 2 million dollar liability insurance.

Taxes

Airbnb automatically collects lodging tax. It is then remitted to Revenu Quebec. Make sure to verify with the provincial and municipal administration to verify what tax on lodging you may be subjected to for each time you rent your home.

By Laws

If you are the owner of a condo or a co-op, it is important to confirm the rules and regulations of your co-ownership agreement. Many buildings in Montreal do not have the same by-laws, and some are stricter than others. Your goal to rent via Airbnb might be forbidden in your building, and there are various consequences to breaking the rules drawn up by your board. Sometimes, rules also extend to what borough you reside in. For example, in some parts of Ville Marie, Airbnb rentals are restricted. So it is important to not only check your building by laws, but the by laws of your borough.

Insurance

The moment a “guest” of your home gives you money for the roof over their heads, your insurance policy as a basic home owner must change. Most home owner insurance policies cover family and friends as your guests, but once access to your property becomes something that generates money, this is considered a higher risk, and thus puts you in a different risk bracket. It is vital to do your insurance research before renting out through Airbnb to ensure that you are fully covered, and covered properly.

 

Overall, contact the CITQ, the Regie du Logement, a lawyer or tax professional to determine whether your Airbnb rental is legal, before sealing the deal online by yourself!

 

Spring is here, contact me today for a home evaluation! What are your real estate goals for 2019? Whether you have questions about your home or if you’d like to discuss your next move, I look forward to hearing from you.

 

GET IN TOUCH

 

 

Continue reading

Exclusive Penthouse Event!

Join me for refreshments, prizes, and insider info on TDC3 developments

It is always my priority to keep you in the loop with every new opportunity in the Montreal market! That being said, I’d like to invite you to join me the evening of Wednesday, February 6 for an exclusive event detailing new developments happening with Tour des Canadiens 3. 

Date : Wednesday, February 6 2019
Time : 17h-18h
Location : 750 rue Peel, Presentation Center

Please RSVP by Tuesday February 5!

RSVP Today

 

 

Continue reading

Living area

ICÔNE Luxury Condo

Welcome to the luxurious and elegant Icône. Bright and sunny 3 bedroom condo with superb views. Each bedroom is accompanied by its own full bathroom. Condo is fully furnished. Spacious open concept living with large balcony. 2 garage spaces and 2 storage lockers.

Icône Condominium is an award-winning (BLTA architect) glass tower. Conveniently located on René-Lévesque Boulevard steps away from Downtown Montreal’s entertainment, restaurants, and shopping.

1155 Rue de la Montagne #3105 (Ville-Marie)
Asking Price: $1,299,000

 

Amenities

Indoor salt water pool, gym, dry sauna, lounge, conference room, yoga room, terrace and exterior hot tub. Exterior Tennis court, 24/7 security, programmed security access and concierge on site. Elevators, laundry room, central air conditioning, Air exchange system, electric garage door opener.

Indoor salt water pool

 

 

Book an appointment

 

 

Living room
Kitchen
Bathroom

Continue reading

Your Look into Tour des Canadiens 3

 

Breathtaking Penthouse & Townhouse properties

Only a few lucky homebuyers will own an exclusive penthouse at Tour des Canadiens 3. Featuring open space designs ideal for hosting friends and spending time with loved ones, these homes are stunningly modern yet truly unique.

Another option for TDC home owners is the townhouse experience. Live in unprecedented luxury in your spacious townhome, innovatively designed to optimize comfort and convenience. Beautiful features and finishes make your home look effortlessly pulled together so you can relax in harmony. Contact me for more info!

 

 

A Luxury Lifestyle

In a city at the forefront of art, culture, and entertainment, an exclusive community rises in the centre of the action. More than a place to live, Tour des Canadiens is a way to live. Take advantage of your access to exclusive info and contact me today!

 

 

 

Curious to learn more about TDC 3?

Contact me today and I can answer all of your questions.

 

GET IN TOUCH

 

 

Continue reading

Beautiful Condos on rue Dorion

1213 rue Dorion, Ville-Marie

Asking Price: $269,000

Top floor one bedroom condo unit with private terrace and balcony. Building and unit completely renovated in 2011. Prime location, steps from the village & 5 mins from Old Montreal. Easy access to the highway & bridges.

1215 rue Dorion, Ville-Marie

Asking Price: $359,000

Unique condo spread over 2 floors. This 2 bedroom unit is perfect for entertaining. Bamboo floors throughout the upstairs. Large renovated bathroom. The second bedroom is sizeable and the master bedroom has a generous balcony. Open concept living, dining and kitchen with modern finishing and concrete heated floors. The unit also has a large and private backyard. Situated in a prime location, steps from the village and 5 minutes from Old Montreal. Easy access to the highway and bridges. Situated steps from the Papineau Metro making it only minutes from the centre of downtown.




Book an appointment



Unique Design

Exposed beams and stones give the space a unique, eye-catching character. Well-placed lighting brightens the space and accentuates the already large living area.


Want to know more?

Contact me today for more details.


Continue reading

Moving Season is around the corner!

Are you still looking for a downtown rental property?

Icone Condominium Unit 3105

Welcome to the luxurious and elegant Icone. Bright and sunny 3 bedroom condo with superb views. Each bedroom is accompanied by its own full bathroom. Condo is fully furnished. Spacious open concept living with large balcony. 2 garage spaces and 2 storage lockers.

1155 Rue de la Montagne apt. 3105, Ville-Marie

Rent: $6000


Le Drummond en Haut Unit 406

Situated in the Golden Square Mile steps from Downtown shops & dinning, Concordia & McGill University, Mount Royal & Cartier des Spectacle. 24hr doorman, rooftop pool, & beautiful views. Minutes from hospitals & public transportation. Fully renovated & bright 2 bedrooms, 2 bathrooms condo with wrap-around balcony. 1 Garage and 1 locker.

3455 Drummond apt. 406, Ville-Marie

Rent: $2300


Book an appointment


Want to know more?

Contact me today for more details.


Continue reading

New Listing!


Fully renovated rental steps from Downtown

Le Drummond en Haut. Situated in the Golden Square Mile steps from Downtown shops & dinning, Concordia & McGill University, Mount Royal & Cartier des Spectacle. 24hr doorman, rooftop pool, & beautiful views. Minutes from hospitals & public transportation. Fully renovated & bright 2 bedrooms, 2 bathrooms condo with wrap-around balcony. 1 Garage and 1 locker.

3455 Drummond apt. 406, Ville-Marie
Rent: 2,300$
Available: August 1, 2018


Spacious Wrap-around Balcony

Sit back, relax, and get some fresh air while enjoying this huge wrap-around balcony overlooking Montreal. A perfect spot to host company, enjoy a meal, or settle down with a great book.


Want to know more?

Contact me today for more details.

Continue reading