Condo country: Almost 1 in 7 Canadians live in condominiums, census information reveals

According to information from a 2016 census expelled Wednesday, 13.3 per cent of Canadian households live in a condominium — a ratio that has increasing by 1.2 commission points from a final census 5 years ago.

Statistics Canada says roughly 1.9 million Canadian households were vital in condominiums as of 2016. Among that group, only over two-thirds were owners, while 616,570 Canadians rented them.

As is to be expected, there is far-reaching accumulation opposite a nation when it comes to a recognition of condos as a choice of places to live.

In Vancouver, for example, some-more than 30 per cent of a race lives in condos, a top commission in Canada by far. Condos are home to 21.8 per cent of Calgarians, followed by Abbotsford-Mission, Kelowna and Toronto, all of that have some-more than one out of each 5 households vital in a condominium.

In other cities, meanwhile, condos hardly rate as a vital option. In Greater Sudbury, Ont., Saint John, Thunder Bay, Ont. St. John’s, Peterborough, Ont. and Belleville, Ont. reduction than one out of each 20 people live in a condo.

Article source: http://www.cbc.ca/news/business/census-housing-1.4370757?cmp=rss