Short-Term Rental Updates

Welcome to the City of Penticton's Newsletter for Short-Term Rentals. This newsletter will provide quick updates for STR operators and applicants regarding upcoming provincial legislation, City Bylaws, and licencing information.

New Provincial Changes to Short-Term Rentals

On October 16 the Province introduced new legislation that will significantly impact the way short-term rentals operate throughout British Columbia.

The new legislation will impact many of Penticton’s short-term rental operators as new rules will only allow people to operate a vacation rental from their principal residence and/or an accessory dwelling unit on their property, such as a suite or carriage house. The new legislation will also provide municipalities with more tools and resources to ensure short-term rental compliance in their communities.

Looking for more details? 

• New rules: Provincial Briefing
• The host’s principal residence
• Plus one secondary suite or accessory dwelling unit

Photo by Chen Mizrach on Unsplash

What’s Next?

To date, City staff have brought forward an update to City Council outlining the provincial changes and will continue to review the impact of the new rules on Penticton operators.

Highlights:

• There are no immediate changes to the City’s Short-Term Rental Program.
• There is no exemption from the new rules. Penticton is not one of the 14 resort municipalities that are exempt from the changes.
• The new legislation takes effect on May 1, 2024.

As the City receives more details on the Province’s planned implementation, we will be sure to communicate that information to you.

If you have concerns or questions about the provincial legislation, you can contact your local MLA or contact the Minister of Housing at HOUS.minister@gov.bc.ca .