Statistics Canada
Symbol of the Government of Canada
Warning View the most recent version.

Archived Content

Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please contact us to request a format other than those available.

Changing Patterns in Canadian Homeownership and Shelter Costs, 2006 Census: Housing life cycle

Starting at age 55, mortgage-free homeownership is the most common tenure

For primary household maintainer age groups 55 and over, mortgage-free homeownership was the most common tenure. Of all households with a primary maintainer aged 55 to 64, about 43.6% were mortgage-free owners, 34.0% were owners with mortgages and 22.3% were renters. The proportion of mortgage-free owners rose to 57.6% for households with a primary maintainer aged 65 to 74, and was slightly higher for those with a primary maintainer aged 75 and over.

Similarly, the percentage of mortgage-free households living in condominiums increased with the age of the primary household maintainer. Among the primary household maintainers aged 55 to 64, about 8.1% lived in condominiums mortgage-free. This increased to 11.0% for households with a primary maintainer aged 65 to 74 and to 16.2% for the 75 and over age group.

Census data showed that the share of mortgage-free households in condominiums has grown during the past five years, especially for the oldest households.

In addition to owning mortgage-free, senior households may also be renters. In 2006, 32.2% of households with a primary maintainer aged 75 and over were renting. This was down from 34.0% in 2001.

previous gif  Previous page | Table of contents | Next page  next gif