In Part 1 and Part 2 of this series about growth in our area, we talked a bit about what exists now and what lies ahead.
In this post, we look at a development proposal that would allow short term rentals. As has been discussed often on this blog, short term rentals (anything under 30 days) are NOT permitted in Collingwood at all except in a building with commercial zoning that would permit a hotel use. Based on the many, many inquiries I get every week, lots of people are looking for properties to buy where short-term rentals such as Airbnb would be permitted.
The west end of Collingwood and eastern edge of the Town of Blue Mountains will become far denser in years ahead as a number of development plans are being unveiled.
One of the plans is for the Georgian Bay Hotel on Highway 26 in the west end of Collingwood where they have submitted an application to the Town for an official plan and zoning by-law amendment.
They would like to create 185 residential units in six, four-storey buildings that would allow these units to be used for both residential and short-term accommodation use. Collingwood has very few units where short-term rentals such as Airbnb uses are permitted so my guess is that such a development could prove to be very popular.
The area currently includes hotel and timeshare uses adjacent to residential uses so it will be interesting to see if neighbours and the Town consider this an appropriate use. The sketch of the proposal can be found here.
Before you get too excited, remember that there is a process in seeking approvals including public meetings so nothing happens quickly.
Marg Scheben-Edey is a Broker with RE/MAX four seasons realty limited, Brokerage in beautiful Collingwood, ON. With three decades of experience, Marg is a leader in the local real estate marketplace and is ready to help guide both Buyers and Sellers in achieving their real estate goals. Email Marg