A portrait of residential multiple-property owners, 2018: British Columbia, Ontario and Nova Scotia

Release date: September 27, 2019

Infographic: A portrait of residential multiple-property owners, 2018: British Columbia, Ontario and Nova Scotia
Description: A portrait of residential multiple-property owners, 2018: British Columbia, Ontario and Nova Scotia

A portrait of residential multiple-property owners, 2018: British Columbia, Ontario and Nova Scotia

Multiple-property ownersFootnote 1 make up a small share of all owners.

British Columbia

  • 268,660 multiple-property owners
  • 15% of all owners

Ontario

  • 835,175 multiple-property owners
  • 15% of all owners

Nova Scotia

  • 82,660 multiple-property owners
  • 22% of all owners

Where do multiple-property owners live?

British Columbia

  • 54% live in the Vancouver CMAFootnote 2
  • 31% live outside of British Columbia CMAs

Ontario

  • 43% live in the Toronto CMA
  • 22% live outside of Ontario CMAs

Nova Scotia

  • 35% live in the Halifax CMA
  • 65% live outside of the CMA

Most multiple-property owners own two properties.

Share of multiple-property owners by the number of properties owned
Province Two properties Three properties Four or more properties
British Columbia 77% 16% 7%
Ontario 76% 16% 8%
Nova Scotia 70% 19% 11%

Multiple-property owners live in single-detached houses.

Share of multiple-property owners residing in a single-detached-house for selected CMAs
CMA Single-detached house
Vancouver CMA 52%
Toronto CMA 74%
Halifax CMA 86%

At least half of multiple-property owners in the largest CMAs own all their properties in the same CMA

CMA Share of multiple-property owners who own all their properties in the same CMA
Vancouver CMA 66%
Toronto CMA 58%
Halifax CMA 53%

Multiple-property owners have higher valued usual residences than single-property owners.

Median assessment value of the usual residence of single and multiple-property owners
CMA Single-property owners Multiple-property owners
Vancouver CMA $936,000 $1,280,000
Toronto CMA $610,000 $759,000
Halifax CMA $245,000 $268,000
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