For homeowners in Vancouver, March 5 was the deadline for filing their Empty Homes Tax declaration – and most did it on time.
“Vancouver housing needs to be for homes first, not just treated as a commodity,” said Mayor Gregor Robertson. “We brought in an Empty Homes Tax because Vancouver has a near-zero vacancy rate and many people are struggling to find a place to rent. Thank you to the 183,911 Vancouver homeowners—just over 98%—who submitted their declarations on time.”
A total of 8,481 residential properties were declared or deemed to be unoccupied/under-utilized for more than 180 days in 2017, 60.6% of which were condos.
Single-family residential properties account for 33.5% and multi-family/other properties for 5.9%.