Radium Hot Springs Draft Official Community Plan - Flipbook - Page 54
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5.2 SHORT-TERM RENTALS
tenant lives on the property and
manages the rental.
INTRODUCTION
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The Village has always been a tourist
destination and will continue to build and
maintain its status as a destination for tourists
from around the world. Short-Term Rentals have
a role to play in serving vacationers with unique
overnight accommodations.
OBJECTIVES
Short-Term Rentals in their current form are
creating challenges within the community
through reducing opportunities for housing
for permanent residents, contributing to rising
housing prices and rents, and creating tension
between residents in existing neighbourhoods.
Regulating Short-Term Rentals is an opportunity
for the Village to:
Objective 59: To direct Short-Term Rentals
to appropriate commercial
areas within the Village.
a. Achieve its vision of being a community
with a high proportion of full-time
residents;
b. Reduce community con昀氀ict by
enabling Short-Term Rentals into more
appropriate areas (Downtown, Highway
93); and
c. Enhance the prospect of new Downtown
and Highway 93 investment with
inclusion of Short-Term Rental provision
as a product diversi昀椀cation opportunity.
The Village understands Short-Term Rentals
as commercial enterprises and thus will direct
them towards commercially designated
and zoned land in the Village. Furthermore,
locating Short-Term Rentals into commercial
areas allows existing residential areas to return
to their normal neighbourhood feel, adding
certainty to the long-term housing market in
Radium Hot Springs.
This Plan de昀椀nes two types of
Short-Term Rentals:
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Objective 60: To deepen investment attraction
value proposition by enabling
Short-Term Rentals in the
development mix.
POLICIES
5.2.1.
Short-Term Rentals shall require a
Business License to be renewed
yearly in compliance with the Village’s
Business License Bylaw.
5.2.2.
The Village shall ensure the Business
License Bylaw is kept up-to-date and
aligns with the Village’s Zoning Bylaw
and Of昀椀cial Community Plan.
5.2.3.
STR-Major will be permitted under the
following conditions:
a) The property is located in a permitted
area for STR-Major as shown on
Map 4: Stand-Alone Short-Term
Rental Areas
b) The property has an approved and
current Business License for an STRMajor.
5.2.4.
moved from 5.2.5
at 1st Reading
a. STR-Major means stand-alone rentals,
where an owner/operator or long-term
tenant does not live on the property.
b. STR-Minor means a resident-occupied
property, where an owner or long-term
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Objective 58: To meet the Village’s
housing needs as
outlined in its Housing
Needs Report.
An Existing STR-Major with an
approved Business License that is not
located within a permitted area as
shown on Map 4: Stand-Alone ShortTerm Rental Areas may continue to
renew its yearly Business License until
October 15, 2030 2032, at which point
Business Licenses for STR-Major will no
longer be issued for properties outside
VILLAGE OF RADIUM HOT SPRINGS Official Community Plan - Bylaw 527
