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In Toronto, rooming houses were common in the 1930s, during the Great Depression, because "wealthy homeowners" who had guest houses would rent out empty rooms to be able to keep their homes. After WWII, the city ensured that rooming house spaces were available for returning soldiers. [ 9 ]
Tenants typically have their own private rooms, but share washroom and kitchen facilities with other tenants. [49] Rooms generally cost between $375 and $800 (CAD, c. 2015), well below the average cost of Vancouver rental housing. [50] The exterior of the Balmoral Hotel in Vancouver. The iconic sign was removed in June 2022. [51]
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels. "Short stay" rentals are an offshoot of the corporate housing market, [2] and are also offered by private owners and investors via online platforms such as Airbnb. [1]
Vacation rental bedroom in Liesing, Austria. A vacation rental is the renting out of a furnished apartment, house, or professionally managed resort-condominium complex on a temporary basis to tourists as an alternative to a hotel. The term vacation rental is mainly used in the US.
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The inn has 33 rooms for rent within the inn itself, with some other space available in refurbished cabooses, EMD F45 Diesel Locomotive 441, etc. It has been privately owned since the 1950s. [ 8 ] The Izaak Walton Inn is open year-round, except for several weeks during the off-season.