11-08-2019, 06:51 PM
(11-08-2019, 05:24 PM)tomh009 Wrote:(11-08-2019, 03:14 PM)westwardloo Wrote: I have to agreed. I am trying to convince my parents to downsize into one of these units from a house. The AirBNB policy is definitely a turn off though. It is hard to tell how this will effect the value of these projects, but I know my parents will not want to live in a building not knowing if their neighbour is just a revolving door of short term rentals. But if they have sold 80% already i guess this is not an issue for as many as i would think.
If you want to avoid short-term rentals, you really need to check the condo declaration, very few buildings will tell you this up front. I don't know of any reference site for this info, either.
Our building doesn't allow those so that helped us make the decision to stay.
Your building has a proviso against using any apartment for commercial purposes, no? Hence the office space on the main floor.