North American Industry Classification System (NAICS) Canada 2022 Version 1.0

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531111 - Lessors of residential buildings and dwellings (except social housing projects)CAN

This Canadian industry comprises establishments primarily engaged in renting and leasing residential buildings and dwellings, except social housing projects. These establishments may provide additional services, such as security, maintenance, parking, and snow and trash removal.

  • Illustrative example(s)

    • operators of apartment buildings
    • real estate investment trusts (REITs), operating residential buildings (except social housing)
    • residential hotels operators
    • retirement homes without services, independent living , operators of

    All examples

  • Inclusion(s)

    • operation of residential properties on own account
    • subcontracting operation of residential property to a third party
  • Exclusion(s)

    • lessors of social housing projects (See 531112 Lessors of social housing projects)
    • operation of social housing projects (See 531112 Lessors of social housing projects)
    • retirement home with assistive living services such as personal care and nursing services (except in-patient and rehabilitative) (See 623310 Community care facilities for the elderly)
    • short-term accommodation rentals n.e.c. (See 721198 All other traveller accommodation)
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