Call or write. Tell us where the property is, how it will be rented, and whether you're buying or refinancing. You don't need any documents yet.
Short-term rental: first check the rental is allowed.
In Québec, renting a unit to tourists for 31 days or less requires a registration number, shown in every listing. In Montréal, renting your principal residence to tourists is allowed only from June 10 to September 10. We look at financing for short-term rental properties in Québec and Ontario.
Mortgage broker since 2020 · AMF licence 237729 · MA Mortgage Architects inc.
What's allowed, and where.
Québec. Any unit rented to tourists, for pay, for 31 days or less must be registered. The 6-digit number appears in every listing. For a principal residence you need two proofs of residence and $2M liability insurance; the 2026 fee is $54 ($156 for the general category).
Montréal. To rent your principal residence: June 10 to September 10, 31 days in total, with a City permit every year and a Québec registration certificate. Not allowed in Lachine, Saint-Laurent or Saint-Léonard.
Toronto. Principal residence only, registered with the City ($390). A whole unit can be rented at most 180 nights a year. A 6% municipal tax applies.
When to call us
- You are buying a property in a tourist area and want to rent it by the week.
- Your property is already rented short term and you want to refinance it.
- You are building units meant for tourist rental.
What the lender asks for
Neither CMHC nor the regulators publish a rule on how to count short-term rental income. Each lender applies its own criteria.
A property already rented: prepare the income figures for recent years and the registration certificate.
A new project: say that the income figures are projections, and what they are based on.
Worth knowing: to insure a loan on a 2- to 4-unit building the owner doesn't live in, CMHC requires a unit suitable and available for year-round occupancy.
We look at the options with your property's numbers. Nothing is granted in advance.
Let's have a discovery call.
We look at what you have, even if the file is incomplete, and tell you what's missing.
You gather the documents.
We present the complete file to lenders whose criteria fit.
We follow the application until funding.
What's needed.
Registration certificate (if any), rental income for recent years or a projection, tax and insurance bills, purchase agreement if any.
Short-term rental questions.
Can I get a mortgage on a short-term rental property?
It depends on the lender, the location and the income. No public rule sets how that income is counted; each lender has its own criteria.
What is the law on short-term rentals in Québec?
Any unit rented to tourists for 31 days or less must be registered, and the number must appear in every listing. Municipalities can add their own rules, as Montréal does.
Can I call you before buying?
Yes. That's the best time: before your financing condition starts running.
Do I need to attach documents to the form?
No. Leave your contact details and a short description.
Related financing
Let's talk about your project.
Where it is, how many units, and what you want to do: buy, refinance or build. We call or email you back. You can also call us yourself, any day from 8 a.m. to 10 p.m.