Property use of residential properties, by property type and residency ownership for Hamilton CSD 2018

Frequency: Occasional Table: 46-10-0029-01 Release date: 2019-06-11 Geography: Province or territory, Census subdivision, Census metropolitan area, Census agglomeration Symbol legend: .. / not available for a specific reference period 0s / value rounded to 0 (zero) where there is a meaningful distinction between true zero and the value that was rounded x / suppressed to meet the confidentiality requirements of the Statistics Act The footnotes in the table are represented in brackets. 1) A residential property" refers to all land and structures intended for private occupancy, whether on a permanent or a temporary basis." 2) The geographic boundaries used in this table are the 2018 census subdivisions boundaries. 3) All counts undergo random rounding, a process that transforms all raw counts into randomly rounded counts. This reduces the possibility of identifying individuals in the tabulations. Subtotals and totals may not exactly equal the sum of component parts due to system rounding. 4) Property type refers to property characteristics and/or dwelling configuration, on which there can be one or more residential structures. 5) Property use" refers to the use of a residential property by its owners. The property can be occupied by the owner, at least one of the owners or none of the owners on the property title. A property is classified as owner-occupied when at least one owner on the property title declares the property as their usual residence according to tax data or other administrative data. A property is classified as not owner-occupied when none of the owners on the property title declare the property as their usual residence." 6) Residency ownership is defined as follows: A property is classified as resident owned when the majority of owners are defined as residents. Conversely, a property is classified as non-resident owned when the majority of owners are defined as non-residents. When there is an equal number of resident and non-resident owners for the same property, the property is classified as resident owned. 7) A condominium apartment" refers to a set of living quarters that is owned individually while land and common elements are held in joint ownership with others." 8) A property with multiple residential" units refers to a property containing more than one set of living quarters owned by the same owner(s), as is the case for an apartment building or a duplex." 9) Unspecified property type" refers to a property where the structure type is unknown." 10) Assessment value" refers to the assessed value of the property for the purpose of determining property taxes. It is important to note that the assessed value does not necessarily represent the market value. The assessment values in Nova Scotia and British Columbia are in 2017 dollars, while the assessment values in Ontario are in 2016 dollars. Given that different provinces and territories have their own assessment periods and durations of the valuation roll it is difficult to make accurate comparisons of similar properties from one province or territory to another. For properties that are being utilized for both residential and non-residential purposes, only the residential partitions' value has been taken into account." Cite: Statistics Canada. Table 46-10-0029-01 Property use of residential properties, by property type and residency ownership https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=4610002901