New data from census provides a snapshot of condominiums in Canada
October 25, 2017
BY Kevin Zakreski
Statistics Canada has just released a wealth of information from its 2016 census of Canada. Its publication Housing in Canada: Key Results from the 2016 Census (PDF) contains an up-to-date picture of the place condominiums (strata properties) hold among housing options in this country.
In section titled “Condominiums on the Rise,” Statistics Canada reports that, in 2016, nearly 1.9 million Canadian households were in condominiums. This makes up 13.3 percent of the country’s total households, an increase of 1.2 percentage points since 2011.
Among census metropolitan areas, “Vancouver (30.6%) had the highest proportion of households living in condominiums, surpassing second-place Calgary (21.8%) by a wide margin.” Other British Columbia CMAs with a high percentage of households living in a condominium were Abbotsford-Mission (21.5 percent) and Kelowna (21.3 percent), numbers three and four in a ranking of CMAs with highest share of households living in a condominium.
Statistics Canada has also produced a helpful infographic of its results. It shows that 16 percent of Canada’s condominiums were located in Vancouver CMA. At a total of 293 765 condominiums, Vancouver boasts the second-highest total in the country, behind only Toronto CMA (445 650).
The 2016 census reports 416 765 condominium units in total in British Columbia, of which 294 015 were owned and 122 610 were rented.