Across Canada, more than 1.7 million residential units are governed by a condo board or strata council. That’s 1.7 million homes where a small group of directors controls the budget, the rules, and the timing of major repairs — with limited oversight. What tends to catch people off guard is how much authority these boards actually have, and how little
The average asking rent for a rental property in Canada dropped to $2,008 in March 2026 — a 35-month low and the largest year-over-year decline in nearly five years. For anyone searching for a place to rent right now, that number alone suggests something has shifted. But asking rents only tell part of the story. Landlords are increasingly offering incentives
Canadian apartment buildings are adding golf simulators, movie theatres, and rooftop lounges at a time when vacancy rates for purpose-built rentals have hit a four-year high of 3.1%. That number matters because it means renters have more options, and they are choosing buildings that actually work for their daily lives rather than ones that look flashy on a tour. With
You see headlines about Canada banning foreign buyers and think buying land up north is off the table. But vacant land sits in a different category from houses and condos under the current rules. The federal ban that runs through 2027 targets residential properties like detached homes and condos inside Census Metropolitan Areas — not raw land itself. In practice,
You hand over the keys, expect your deposit back within a couple of weeks, and then hear nothing. Or worse, you get an itemised list of deductions for “damages” that look a lot like normal wear and tear. Move-out inspections are the moment where most deposit disputes actually start, yet the rules around them vary sharply depending on which province
By 2030, nearly one in four people in Canada will be over 65 — up from about one in five today. That shift, based on Statistics Canada projections, points to a big wave of homeowners expected to trade their family homes for something smaller. But the data so far shows something different. Only 16% of Canadians aged 65 and older
Living alone in a Canadian city in 2026 means paying a premium that most people don’t fully see until they sign the lease. A one-bedroom apartment in Vancouver runs about $2,800 a month, while the same unit in Winnipeg goes for roughly $1,550. That gap of $1,250 every month adds up to $15,000 a year — money that could be
In the first three months of 2026, renters in Toronto lost $1.8 million to rental scams. The average victim handed over $2,400 for a property they would never set foot in. Most of those scams started with a listing photo — a picture that looked real because it was real. It just wasn’t the scammer’s property. Across Canada, fake rental
Backing out of a home purchase in Canada after you’ve waived all conditions can cost you well over $100,000 beyond your lost deposit. That’s a risk more buyers are taking as competition pushes them to drop the protections that once came standard in any offer. Here’s what you actually need to know. Disclosure: Some links on this page are affiliate
Across Canada, about 4.4 million households rent while nearly 10.9 million own, but those numbers flip in certain neighbourhoods and regions. According to Statistics Canada data, the national homeownership rate sits at 66.5%, meaning roughly one in three households rents. In some parts of the country, that share is much higher — and in a few, renters actually outnumber owners.
One in five Canadians will be 65 or older by 2026, and that single demographic shift is reshaping what buyers want from a home. The same research from Zoocasa’s 2026 housing market predictions shows that half of working homeowners plan to use a future home sale to fund retirement. That means smaller homes are no longer a fallback option. They’re
If you’ve been renting in Canada for a few years, you’re probably paying a lot less than someone who just signed a lease down the hall. That gap — between what new tenants pay and what long-term renters pay — has grown from 7% in 1996 to 34% in 2021 across Canadian cities. In Toronto, it hit 52%. That single
