Saanich homeowners may soon have a new way to earn extra income, as council moves toward allowing short-term rentals for up to 120 nights a year. The initial steps were taken during a council meeting on July 8, 2026, according to a report by Megan Yamoah.
Council Advances Short-Term Rental Proposal
The proposed regulations would permit homeowners to rent out their primary residences for short stays, with a cap of 120 nights annually. This move aims to balance the need for additional income opportunities for residents with concerns about housing availability and neighborhood character. Council members debated the potential impacts on the local housing market and community livability before voting to proceed with further public consultation.
Details of the Proposed Rules
Under the plan, short-term rentals would be limited to owner-occupied properties, ensuring that investors cannot convert long-term housing into tourist accommodations. Hosts would be required to register with the municipality and comply with safety and insurance standards. The 120-night cap is designed to prevent full-time commercial operations while still allowing homeowners to benefit from occasional rentals.
Councilor Susan Thompson emphasized the need for a balanced approach. 'We want to provide economic opportunities for our residents without exacerbating the housing crisis,' she said. The proposal is expected to undergo public hearings before a final vote later this year.
Impact on Saanich Community
If approved, the new rules could generate additional revenue for homeowners and boost local tourism. However, critics argue that even limited short-term rentals could reduce the supply of long-term rental housing, which is already tight in the region. A 2025 report by the Canadian Housing and Mortgage Corporation found that Saanich's rental vacancy rate was below 1%, highlighting the need for careful policy design.
The council's decision follows similar moves in other Canadian municipalities, including Victoria and Vancouver, which have implemented strict regulations on short-term rentals to protect housing stock. Saanich's approach, with its 120-night limit, is seen as a moderate middle ground.
Next Steps
The next phase involves community engagement sessions and a detailed review of potential impacts. Council is expected to revisit the issue in September 2026, with a final decision anticipated by the end of the year. If enacted, the regulations would take effect in early 2027.
