Owners of two properties, types of properties owned for Hamilton CMA 2018

Frequency: Occasional Table: 46-10-0041-01 Release date: 2019-09-27 Geography: Province or territory, Census subdivision, Census metropolitan area, Census agglomeration The footnotes in the table are represented in brackets. 1) The universe of this table is restricted to individual resident owners who occupy a residential property and who own two properties. An owner's geographic location is determined by the location of the occupied property. 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) 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." 6) 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." 7) Vacant land" refers to a property on which there are currently no residential structures, but where regulations permit that one or more residential structures can be built. Vacant land may also include land on which an existing residential structure has not yet been assessed or land on which a residential structure is present, but owned by another entity (e.g. a mobile home in a mobile home park)." Cite: Statistics Canada. Table 46-10-0041-01 Owners of two properties: types of properties owned https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=4610004101