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At this time, 15% of mortgages across the US were for non-owner-occupied homes. [80] In 2020, in Toronto, 21% of all housing, and 56% of condos were investor owned. In Vancouver, nearly 48% of condos, and 33% of all housing was owned by investors. [81] Across Canada, 1 in 5 homes were investment properties.
Prior to the creation of MPAC, municipalities in Ontario had discretion on how they chose to assess properties. This created inequity across the province, as similar properties across the province had separate values. In 2022, MPAC sent out approximately 6 million property assessment notices, advising properties of their assessment value.
Minto Communities Canada is a home builder in Ottawa, Toronto, and Calgary. It has built 60,000 homes over its history. It builds both low-rise and high-rise housing, and in recent years has been building more luxury rental projects. [11] In 2015, Minto was the largest home builder in Ottawa, with 913 homes built, and 24 percent of the market. [12]
Toronto is the most populous city in Canada and the capital city of the Canadian province of Ontario.With a population of 2,794,356 in 2021, [10] it is the fourth-most populous city in North America.
Alta Vista is a neighbourhood in Alta Vista Ward in Ottawa, Ontario, Canada.Its boundaries according to the Alta Vista Community Association are that part of Alta Vista Ward south of Smyth Road in the north, north of Walkley Road and east of the Rideau River (and Bank Street), and west of the "greenspace underneath Haig Drive". [2]
Westboro (often referred to as Westboro Village) is an area in the west end of Ottawa, Ontario, Canada. Located along the Ottawa River, Island Park Drive defines Westboro's eastern border, while the Ottawa River defines its northern border. Under this definition, the population of the area is 22,725 (2016 Census).
In 2013, Rosedale was ranked the best neighbourhood in Toronto to live in by Toronto Life. [3] According to Today’s Senior Magazine, it is known as the area where the city's 'old money' lives, [4] and is home to some of Canada's richest and most famous citizens including Gerry Schwartz, founder of Onex Corporation, Adrienne Clarkson, the 26th ...
Woodbridge is a very large suburban community in Vaughan, Ontario, Canada, along the city's border with Toronto.It occupies the city's entire southwest quadrant, west of Highway 400, east of Highway 50, north of Steeles Avenue, and generally south of Major Mackenzie Drive.
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