A quiet street of detached brick houses under overcast skies, illustrating the prohibition on the purchase of residential property by non-Canadians.
Tax and Ownership Rules

The foreign buyer ban: it ends 1 January 2027, and it catches far less than people think

The prohibition applies only inside census metropolitan areas and census agglomerations, does not apply to vacant land since 27 March 2023, and does not apply to buildings of four or more dwelling units. The current expiry date and the instrument that set it, the full exception list, and the $10,000 fine that reaches anyone who knowingly assists.