If you're buying in South Pandosy for the rental income — or you already own here and were told years ago that your building "doesn't allow rentals" — that rule almost certainly no longer applies. BC's provincial government rescinded a strata corporation's ability to restrict long-term rentals as of November 24, 2022, and the change applies across the province, South Pandosy's condo buildings included.
What Actually Changed
Before the change, many stratas — including older bylaws you'll still find sitting in a building's governing documents — set rental caps, required board approval for tenants, or banned rentals outright. Those bylaws are no longer enforceable. A strata corporation can no longer screen tenants, require landlord approval, cap the number of rental units in the building, or otherwise restrict a long-term rental. This applies across the board, from smaller buildings to large bare land strata developments.
The Important Exception
Short-term rentals are a different story. Stratas can still prohibit Airbnb- or VRBO-style short-term accommodation, and buildings that have that bylaw in place can fine owners up to $1,000 per day for violations. If your investment plan for a South Pandosy unit depends on short-term rental income rather than a standard tenancy, you need to check that specific building's current bylaws — this exception is very much still enforceable.
Why This Matters Specifically for South Pandosy
South Pandosy has a real mix of building types and eras — some older, established buildings and newer towers, each with their own bylaw history. We've already compared the three major lakefront options in our building comparison piece; the rental-restriction question is a separate, equally important diligence item on top of that, since an older building's bylaws may still technically reference rental caps even though they're no longer enforceable — which can cause confusion during a purchase if nobody checks.
- Pull the current bylaws — not just what a listing agent tells you verbally, but the actual registered bylaw document, and confirm which parts are still enforceable post-2022.
- Confirm the short-term rental stance specifically — this is the one restriction type that can still legally apply.
- Check strata fees and the depreciation report — rental legality doesn't tell you anything about a building's financial health, which matters just as much for an investment purchase.
Bottom line: if you were told a South Pandosy building "doesn't allow rentals," that information is probably out of date. Confirm the current, legally enforceable bylaws before you rule a building out — or before you assume short-term rental is allowed when it may not be.
We'll confirm the actual, current bylaws for any building you're considering before you commit.