New Rules For Rooming Houses In Toronto Come Into Effect This Month | Real Estate Podcast Eps. #29

Join us in this episode of our Toronto Real Estate podcast as we dive into the latest changes hitting the housing market this month. A shortage of housing in Toronto has caused a lot of landlords to offer illegal rooming houses. Back in December of 2022, City Council voted to overhaul the city’s bylaws concerning these multi-tenant homes. As it stands now, licensed rooming houses are allowed in only certain parts of the city but prohibited in East York, Scarborough and North York. This will change in March 2024, but property owners must follow a new set of guidelines and licensing requirements. Don't miss out on the essential updates shaping Toronto's real estate scene. Tune in now and stay informed! #TorontoRealEstate #RoomingHouseRules #HousingMarketUpdates #RealEstateInvesting #TorontoRentals Steve Mak - https://www.instagram.com/torontohothomes/ Rod Sinson - https://www.instagram.com/rodsinsonrealestate/ Richard Lam - https://www.instagram.com/richard_t_lam/ Kenny Auyoung - https://www.instagram.com/pennywize81/ Winston Mak - https://www.instagram.com/winstonmakrealtor/ Woodrow Ho - https://www.instagram.com/woodrow_ho/