A current examine ranks Barrie final amongst giant Canadian cities relating to owners who’ve paid off their mortgage.
31.8 per cent of Barrie owners are mortgage-free, based on on-line playing consultants at Casivoo, who analyzed Statistics Canada knowledge on non-public households in additional than 30 Canadian cities and their standing. The analyzed knowledge included homeowners with a mortgage, homeowners and not using a mortgage, renters, and backed housing.
Particularly, the examine recorded 57,315 households in Barrie, with 18,260 being mortgage-free and 39,060 nonetheless with a mortgage.
“It is fascinating to see that numerous areas inside Ontario dominate the highest ten rankings,” mentioned a Casivoo spokesperson in a media launch. “The areas within the lead rating are maybe extra engaging to older owners who usually tend to have paid off their mortgage, therefore why we’re seeing the upper charges.”
The examine’s high ten cities by share of mortgage-free owners had been ranked as follows:
1. Thunder Bay, ON, 47%
2. Peterborough, ON, 45.2%
3. St. Catharines – Niagara, ON 43.5%
4. Victoria, BC, 43.2%
5. Windsor, ON, 42.8%
6. Belleville – Quinte West, ON, 42.3%
T7. Kingston, ON, 42%
T7. Nanaimo, BC, 42%
8. Kelowna, BC, 41.3%
9. Better Sudbury, ON, 41.1%
10. Trois-Rivières, QC 40.9%
Toronto ranked 18th at 38.3 per cent.
