A Portrait of Residential Property Owners in Nova Scotia, Ontario and British Columbia, 2018

Release date: June 11, 2019
A Portrait of Residential Property Owners in Nova Scotia, Ontario and British Columbia, 2018
Description: A Portrait of Residential Property Owners in Nova Scotia, Ontario and British Columbia, 2018

A Portrait of Residential Property Owners in Nova Scotia, Ontario and British Columbia, 2018

Number of owners and residential properties, by province
Province Owners Residential properties
British Columbia 2,200,000 1,700,000
Ontario 6,100,000 4,800,000
Nova Scotia 504,000 450,000

The share of owners who own more than one residential property in a province is highest in Nova Scotia

Owners of multiple properties

  • 22% of owners in Nova Scotia
  • 15% of owners in Ontario and British Columbia

Condominium apartments in the census metropolitan areas are less likely to be owner-occupiedFootnote 1 than single-detached houses

Percent of owner-occupied condominium apartments and single-detached houses, by census metropolitan area (CMA)
  Condominium apartment Single-detached house
Vancouver CMA 63% 85%
Toronto CMA 63% 91%
Halifax CMA 58% 86%

In British Columbia and Ontario, 23% of individual resident owners are immigrants,Footnote 2 compared to 4% in Nova Scotia.

The highest share of immigrant owners in all three province were admitted via the Federal Skilled Worker Program.

Median age of individual resident owners
Province Age
British Columbia 56
Ontario 54
Nova Scotia 57
Percent of millennials that are individual resident owners
Province Proportion of millennialsFootnote 3 among individual resident owners Proportion of millennialsFootnote 3 among persons aged 18 and above
British Columbia 14% 33%
Ontario 15% 34%
Nova Scotia 12% 30%

Source: Statistics Canada, Canadian Housing Statistics Program (CHSP); Annual Demographic Estimates: Canada, Provinces and Territories.

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