Industry group

5311 Lessors of real estate

Bailleurs de biens immobiliers

Official definition

This industry group comprises establishments primarily engaged in renting and leasing real estate properties. These establishments may operate (rent, lease, administer and maintain) their properties on own account, or they may subcontract the operation to a third party. This industry group also includes establishments that lease real estate from others, and sublease it to others.

Classification Reference

Official classification fields for this page

Official classification fields taken from the current StatCan source bundle.

Characteristic Description
Official titleLessors of real estate
ClassificationNAICS Canada 2022 Version 1.0
Publishing authorityStatistics Canada
Hierarchical levelIndustry group
Parent code531 - Real estate
International correspondenceISIC Rev. 4; harmonized with US and Mexico NAICS at higher levels.
Sourcehttps://www.statcan.gc.ca/en/subjects/standard/naics/2022/v1/index
Source verification2026-05-05
Canada Business Context

Canada-wide tax and filing context

Canada-wide business, tax, and filing context from the local country pack and tax pack.

Characteristic Description
Tax authorityCanada Revenue Agency (CRA)
Business identifierBusiness Number (BN): 9-digit identifier with program account suffixes such as RT0001 for GST/HST, RP0001 for payroll, and RC0001 for corporate income tax.
Filing requirementsBusiness Number registration; Form T2125 (Statement of Business or Professional Activities) attached to T1; Form T2 (Corporation Income Tax Return); Form T5013; Form GST34
Sector authorityNo cluster authority recorded in the local country pack.

Exclusions

  • real estate investment trusts, primarily investing in mortgages or construction loans (See 526989 All other miscellaneous funds and financial vehicles (CAN))
  • real estate property management on behalf of property owners (See 531310 Real estate property managers (CAN))

Classification Confidence Score

3 of 5 factors passing

6/ 10
Verified official sourcenaics-scian-2022-structure-v1-eng.csv (2026-05-05)
International crosswalkNo international correspondence found
Previous edition migrationNAICS 2017 to 2022 continuity confirmed
Complete hierarchy3 levels confirmed in hierarchy
Size or threshold documentedNot applicable for hub levels
Trade or export matchNo direct HS code correspondence in current bundle
Legacy crosswalkLegacy system (SIC 1980) retired in this region
Business Profiles

When you might need code 5311

Professions specific to this sector are linked to this part of the Canadian classifier so the page speaks to real work teams.

01 5311
Property leasing manager

Use this page when the file covers office or industrial leases, tenant renewals, vacancy planning, and rent schedules. It helps confirm whether 5311 Lessors of real estate is the closest NAICS Canada branch before BN registration, GST/HST review, banking onboarding, procurement notes, or internal classification work.

02 5311
Self-storage site manager

Use this page when the file covers storage units, occupancy tracking, customer billing, and site operations. It helps confirm whether 5311 Lessors of real estate is the closest NAICS Canada branch before BN registration, GST/HST review, banking onboarding, procurement notes, or internal classification work.

03 5311
Equipment rental operator

Use this page when the file covers machinery rentals, fleet utilization, pickup and return coordination, and contract terms. It helps confirm whether 5311 Lessors of real estate is the closest NAICS Canada branch before BN registration, GST/HST review, banking onboarding, procurement notes, or internal classification work.

04 5311
Commercial real estate broker

Use this page when the file covers property marketing, landlord mandates, tenant representation, and deal packaging. It helps confirm whether 5311 Lessors of real estate is the closest NAICS Canada branch before BN registration, GST/HST review, banking onboarding, procurement notes, or internal classification work.

Business Map

Business categories in this branch

A rotating set of business activity examples linked to this part of the Canadian hierarchy.

Rental servicesFacility leasingLeasing operationsProperty managementAsset administration

Commonly confused with

526989 — All other miscellaneous funds and financial vehicles

real estate investment trusts, primarily investing in mortgages or construction loans (See 526989 A...

531310 — Real estate property managers

real estate property management on behalf of property owners (See 531310 Real estate property manag...

Source row

5311Lessors of real estate

This page mirrors the source row from the structure CSV and the matching rows from the elements and crosswalk files.

Frequently asked questions

What does code 5311 cover?

Lessors of real estate: This industry group comprises establishments primarily engaged in renting and leasing real estate properties. These establishments may operate (rent, lease, administer and maintain) their properties on own account, or they may subcontract the operation to a t...

Which level of the hierarchy is 5311?

It is a industry group page in the NAICS Canada 2026 hierarchy.

What is the parent of 5311?

It rolls up to 531 Real estate.

Should I stop at 5311 or go lower?

4 lower-level item(s) sit under this branch: Lessors of residential buildings and dwellings, Lessors of non-residential buildings (except mini-warehouses), Self-storage mini-warehouses, Lessors of other real estate property.

Are official inclusion notes attached to 5311?

No inclusion rows are attached to this page in the local elements file.

Are there exclusion notes for 5311?

Yes. 2 exclusion note(s) help separate this page from nearby codes.

Does 5311 include illustrative examples?

No example rows are attached on this page in the local elements file.

What kinds of businesses often start from this page?

Examples in this branch include Rental services, Facility leasing, Leasing operations, Property management, Asset administration.

Is there an ISIC mapping for 5311?

No ISIC correspondence row is attached to this page.

Does this page show a US NAICS reference?

No same-code US NAICS reference row is attached on this page.

Why are both English and French titles shown?

NAICS Canada is bilingual, so the page keeps both language titles visible for comparison and lookup.

Where does the page text come from?

From the local StatCan structure file, elements file, ISIC crosswalk, and the bundled US 6-digit reference workbook.