Canada Mortgage and Housing Corporation
CMHC purpose-built vacancy — highest vacancy CMAs (2025)
Ranked by CMHC 2025 Rental Market Survey purpose-built apartment vacancy rate (October); rank 1 = highest vacancy.
Coverage: 18 · Original study / source
| Rank | Place | Province | Score |
|---|---|---|---|
| 1 | Calgary | Alberta | 5 |
| 2 | Kitchener – Cambridge – Waterloo | Ontario | 4.1 |
| 3 | London | Ontario | 4 |
| 4 | St. Catharines – Niagara | Ontario | 3.9 |
| 5 | Edmonton | Alberta | 3.8 |
| 6 | Gatineau | Quebec | 3.8 |
| 7 | Vancouver | British Columbia | 3.7 |
| 8 | Windsor | Ontario | 3.7 |
| 9 | Hamilton | Ontario | 3.6 |
| 10 | Victoria | British Columbia | 3.3 |
| 11 | Saskatoon | Saskatchewan | 3.3 |
| 12 | Greater Toronto Area | Ontario | 3 |
| 13 | Ottawa | Ontario | 3 |
| 14 | Montréal | Quebec | 2.9 |
| 15 | Winnipeg | Manitoba | 2.8 |
| 16 | Regina | Saskatchewan | 2.7 |
| 17 | Halifax | Nova Scotia | 2.7 |
| 18 | Quebec City | Quebec | 2.4 |
All CMHC Purpose-Built Rental Vacancy — Highest Vacancy editions · Cities