A new report finds more people are living alone in Canada and a few Ontario communities are popular with a certain age group.
Around 4.4 million Canadians lived alone in 2021 — twice what it was in 1991, a new report from real estate platform Point2Homes reveals. Ontario and Québec each counted over 1.3 million one-person households, reflecting a nationwide trend spanning many of the country’s larger cities, the report found.
At the same time, the number of people renting properties is increasing—33.4 per cent of all households in Canada rent. This is the highest percentage Canada has ever seen. And solo renters make up 50.4 per cent of the country’s one-person households, outnumbering solo homeowners.
Traditionally, renting alone has been associated with adults starting their careers, pursuing education, or simply enjoying the flexibility of not being tied down by property ownership, Point2Homes noted.
However, the report finds those aged …