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Tag: Canadian Real Estate Investors

Ontario

It’s Not Just Toronto—Most of Ontario’s Condos Are Investor Owned

February 9, 2023

Ontario real estate is dominated by investors, and this didn’t happen overnight. Statistics Canada (Stat Can) data confirmed investor-ownership using 2020 tax data. Diving into the numbers, we found that most of Ontario’s new condos (2016 or later) are owned by investors. It’s not just big cities like Toronto or Hamilton either, most new condo […]

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Canada

Canada’s Tax Authority Has Been On A Multi-Billion Dollar Real Estate Crackdown

August 2, 2022

Canadian real estate owners are stuck paying a buttload in penalties after trying to avoid taxes owed. New data from the Canada Revenue Agency (CRA) shows their crackdown on real estate owners/sellers has led to billions in recouped revenue. Data provided by the agency also shows they’ve collected substantial fines adding up to hundreds of […]

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Canada

A Lot of Canadian Real Estate Owners Decided To Own 4 Or More Homes In 2020

July 22, 2022

When the pandemic hit Canadians bought as much toilet paper and real estate they could find. We took a dive through data provided by the Canadian Housing Statistics Program (CHSP) on homeownership in 2020. A massive share of Canadian homeowners aren’t stopping at 1 home, but provinces have seen up to 1 in 5 owners […]

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  • Canadian Real Estate Expected To See A “Historic Correction,” Biggest Drop Ever: RBC
  • The Canadian Real Estate Bubble’s Supply Shortage Myth Is Unraveling: BMO
  • A Lot of Canadian Real Estate Owners Decided To Own 4 Or More Homes In 2020
  • Canadian Cities Have Seen Investors Buy Up To 100% of Newly Constructed Condos
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