Buying a property / cabin / cottage for 90% AirBNB. Anyone done it? | Page 5 | GTAMotorcycle.com

Buying a property / cabin / cottage for 90% AirBNB. Anyone done it?

I rented in Wasaga in the winter for years , it was WAY cheaper than Collingwood in ski season and 20 mins drive is fine by me.
Especially now with the highway upgrade. Before that it was 40-60min drive through a single lane road.
 
I need to convince my parents to rent out their wasaga cottage....I’m sure it would do well.

Show them how much something like the listing I posted a few responses back is making every month.

Even if they hire someone to go in after every rental and do the turnover they could be making bank, especially if you're talking a place that yields $300-$400/night. We've stayed at a few high end cottage rentals (one was a cabin on a nicely secluded piece of property with a private pond) that was $500/night, and Thanksgiving weekend 2019 we stayed at a full blown log cabin that was $600/night.

It was these stays that really got my gears grinding about an investment property for AirBNB.
 
Getting permission permits is going to be the hard part.

109 Square feet allowed locally without a building permit.

As for the property itself and all the other allowances, yeah, there would be plenty of due diligence to be done, no question. I'm still at the "back of a napkin" stage. ;)
 
109 Square feet allowed locally without a building permit.

As for the property itself and all the other allowances, yeah, there would be plenty of due diligence to be done, no question. I'm still at the "back of a napkin" stage. ;)
But often limits on the number of sheds or total square footage (my zoning is two sheds max with or without permit, max 600 sq ft of accessory buildings per property. IIRC also only allowed to be constructed after primary residence is complete). Also normally in the rules that they cannot be conditioned space, inhabitable, have plumbing or electricity etc. if you want to go the no-permit route.
 
109 Square feet allowed locally without a building permit.

As for the property itself and all the other allowances, yeah, there would be plenty of due diligence to be done, no question. I'm still at the "back of a napkin" stage. ;)
Not allowed to be occupied and as pointed out primary residence needs to be built first. Only option is to just do it illegally as I suspect most are done.

Sent from my moto g(8) plus using Tapatalk
 
Not allowed to be occupied and as pointed out primary residence needs to be built first. Only option is to just do it illegally as I suspect most are done.

Sent from my moto g(8) plus using Tapatalk
Now if he stores trailers in the woods and protects them under sheet metal lean-to's he may be getting close to legal. Use the lean-to's to give it the look you want. They are not enclosed buildings so normally that is more flexible. He can build the main cabin bigger and better (maybe a 3 or 4 bedroom party/family cabin) with proper electricity and septic and then add the rest once building inspections are complete.
 
Stop adding reality to my dreams, you two! :LOL:
 
treehouses-peter-pichler-architecture-hotels-dolomites-italy-mountains-_dezeen_1704_col_2.jpg

 
Looks heavenly. But Kentucky...chances are the regs are, uh, "simpler" there. :LOL:
 
Looks heavenly. But Kentucky...chances are the regs are, uh, "simpler" there. :LOL:
Yeah, not saying you can duplicate it (and if you could, it would cost a lot more) but it was more for ideas. See what you can find for regulations on hunting camps/blinds in your chosen area. That may be a way forward if your parcel is large enough (I can't remember the minimum parcel size that allows hunting).
 
If it were me I’d go
109 Square feet allowed locally without a building permit.

As for the property itself and all the other allowances, yeah, there would be plenty of due diligence to be done, no question. I'm still at the "back of a napkin" stage. ;)
If it were me I’d go one of two ways.

1) setup in an unincorporated area. No bylaws, permits - just comply with provincial building and environmental codes.

2) portable accommodations. Glamping experience in luxurious yurts and prospector tents. My kid was on a YTV reality show a few years back, the producers had 50 acres of cheap land in Shelburne, the did the yurt thing for the cast and production crew to get around the rules.
 
Problem with buying in an area with lax rules is that at some point in time those rules may change and the owner may be required to up everything to the new code.

could get lucky and be grandfathered in, but the local township will want their cut.
 
Another problem is that there isn't much South of Sudbury that is unorganized or doesn't have a planning board.

Even if they are unorganized, you still need inspections & permits done for septic/electrical (and I think gas).
 

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