A condo once called a ‘ghost hotel’ gives Airbnb exclusive rights

So AirBnB is turning huge portions of condo buildings into hotels now, effectively turning units into commercial property. But investor-owners of these units still have the benefit of paying the 0.61% residential property tax compared to 2.08% for commercial. Fucking brilliant.

It's called the ghost hotel because when you complain to management they ghost you.

ICE condo is easily the most infamous condo in the city

Is Toronto suppose to become business land? Are real people with active lives supposed to actually live here?

Can't wait until the insurance company decides to raise the premiums because its now a commercial property.

What a God damn joke of a City we have. They touted going after AirBnBs with a dedicated team and then this entire building is turning into a AirBnB Hotel.

For the reputation that ICE has and difficulties enforcing this, this is actually looks like a clever move from the board and management that gives them more proactive info about what happens in their buildings while disincentivizing Airbnb use

Ask your representative to ban airbnb in Ontario. Let's do it guys

Ghost hotel? I only know it as the most infamous condo.

I'm in a condo in ward 10 and a councilor visited my door in the last cycle and I told them my primary concern is banning and enforcing a ban on Airbnb. To my surprise they were actually very defensive of Airbnb saying people like it to supplement their income. It came off clearly that either her or her family profits from it.

My condo has had gunshots, assaults, vandalism, all sort of crap from airbnb parties when there is a sporting event, the CNE, or Caribana. It's not right that that residents have to deal with the fallout, danger, special assessments, and crap just for people can profiteer on what should be a private residence.

I think it will be hard to ban as the people who represent us seem to profit from high housing costs and airbnb, so we have no hope. It's unacceptable.