New data from the Canadian Housing Statistics Program sheds light on the scale of corporate ownership in Ontario\u2019s housing market. As of 2023, over 84,300 single-family houses across the province are held by businesses or for-profit entities. Within the Greater Toronto Area (GTA), approximately 19,540 of these properties are under corporate ownership.<\/p>\n
While this represents only about two per cent of Ontario\u2019s total housing stock\u2014significantly lower than the 13 per cent owned by individual investors\u2014experts like U of T\u2019s David Hulchanski emphasize that these tens of thousands of units warrant deeper investigation. The data does not yet distinguish between homes held for redevelopment, tax planning, or long-term rental income. As the market evolves, analysts are calling for more granular research to understand how corporate investment strategies impact housing affordability and tenant security. For a deeper dive into these findings and what they mean for the future of Ontario housing, read the full report at thestar.com.<\/p>\n
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