As of November 24, 2022, the BC provincial government passed new legislation which immediately overrides any strata bylaws restricting rentals in their building.
This the provincial government's attempt to create more housing availability by allowing thousands more empty condos and townhouses across BC to now be rented out.
However, strata corporations can still ban short-term rentals in their buildings, like Airbnb. Also, any age-restriction bylaws limiting residents under age 55 is also scrapped immediately.
Senior communities of 55 years and older are still allowed to thrive and in these communities, this age restriction would not apply to a live-in caregiver whose purpose is providing care to an elderly resident.
DM me to discuss how this new housing legislation will affect your home sale or purchase in 2023!
