Residency ownership of residential properties by property type and period of construction for Hamilton CSD 2018

Frequency: Occasional Table: 46-10-0018-01 Release date: 2019-03-12 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) 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. 3) The geographic boundaries used in this table are the 2018 census subdivisions boundaries. 4) Property type" refers to property characteristics and/or dwelling configuration, on which there can be one or more residential structures. Property type includes single-detached house, semi-detached house, condominium apartment, property with multiple residential units, unspecified properties and vacant land." 5) Period of construction" refers to the period in time during which the building or dwelling was originally constructed. This refers to the period in which the building was completed, not the time of any later remodelling, additions or conversions. For properties having multiple residential structures, this refers to the period in which the most recent structure was completed." 6) Assessment value" refers to the assessed value of the property for the purposes of determining property taxes. It is important to note that the assessed value does not necessarily represent the market value. 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." 7) The estimate “Total assessment value” is calculated using the estimates Number" multiplied by "Average assessment value"." 8) 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. 9) 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." 10) 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." Cite: Statistics Canada. Table 46-10-0018-01 Residency ownership of residential properties by property type and period of construction, provinces of Nova Scotia, Ontario and British Columbia https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=4610001801