Good for the landlord. A contract is a contract. Another reason this property owner would never rent long term. Tenants for the most part are not worth the hassle.
I was really surprised to see this statement in the article:
“It’s unusual to see the Tenancy Agreement explicitly state that sub-leasing on Airbnb is prohibited,” Powell said.
I would think that after 9 years of Airbnb more landlords would be clued in by now.
Well they may not have a specific Airbnb clause @K9KarmaCasa but I would imagine the vast majority would have a no sub letting clause, which would cover STRs.
I rented to tenants in Toronto. The article is quite right in saying that it’s a precedent.
It’s standard for a lease in Toronto to include no subletting (though not necessarily Airbnb specific.). However, being awarded the profits is groundbreaking.
Of course, collecting those profits is a whole new ballgame!
There are all sorts of things you can not do detailed in a Lease, not sure why the lease would go into the ways you could go about doing those.