It's nearly impossible to find a place to rent. But retirement homes have room to spare

While Canada’s average national vacancy rate sits at a record low of 1.5 per cent, there is one kind of property much more likely to have a “for rent” sign out front: retirement homes.

It's nearly impossible to find a place to rent. But retirement homes have room to spare
A young man wearing a black baseball cap and an older woman with white hair play shuffleboard.

While Canada’s average national vacancy rate sits at a record low of 1.5 per cent, there is one kind of property much more likely to have a “for rent” sign out front: retirement homes.