Investors made up 20 to 30% of homeowners in some provinces: Statistics Canada
When grouped together, the data agency’s calculations show under one in five homes in British Columbia, Manitoba, Ontario, New Brunswick and Nova Scotia was considered an investment property in 2020.
Houses used as an investment were mainly owned by individuals living in the same province as the property. However, condo apartments were used as an investment more often than houses, with Ontario alone seeing the highest rate of condo apartments used as investments at 41.9 per cent.
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