Toronto condo first to strike unique Airbnb deal via CityNews

It’s the first of its kind in Canada. A Toronto condominium has signed an agreement with Airbnb.

Neptune Waterpark Condos, located in the Fort York historical district, has signed on to the Friendly Buildings Program which helps bring hosts, residents and landlords together with Airbnb to find home sharing solutions.

The deal enables building management to access a personal dashboard which shows which units are hosting, how many guests are staying and when they are scheduled to come and go. Buildings can set up things such as pet control and parking guidelines for Airbnb guests.

Each building in the program works with Airbnb to decide what percentage of each booking they will receive, anywhere between five and 15 per cent.

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