Found this informative interactive map showing which areas in the city have the most and least unoccupied homes. New data from Statistics Canada show that 99,236 homes in the Toronto CMA are irregularly occupied.
Click on the image below to be taken to the interactive map, and write up.
The number of homes in the GTA that aren’t being occupied is growing almost as fast as the price of shelter. The latest numbers show that 99,236 homes are not regularly occupied, as identified by the owner of the residence. This represents 4.5% of all homes in the city, and a 10.5% change over the past 5 years. The general population grew by 4.5% during the same period, which means this trend appears to be accelerating.
The rate of irregular occupancy was mostly skewed up by a few concentrated pockets. Most of the city came in under the 5% level, but a few areas were nowhere near that. The highest rate was in the Concord area of Vaughan, which came in at 35.27%. Interesting since a number of new projects are slated to hit the area…you know, because who doesn’t want a pied-à-terre next to the Ikea.