Official definition
This subsector comprises establishments primarily engaged in renting and leasing real estate, managing real estate for others, acting as intermediaries in the sale and/or rental of real estate, and appraising real estate.
Industry groups
Next level
Fully clickable cards for the next layer in the hierarchy.
5311
5 Canadian industries
Industry group
Lessors of real estate
This industry group comprises establishments primarily engaged in renting and leasing real estate properties.
Industries
4
Canadian industries
5
Open item ->
5312
2 Canadian industries
Industry group
Offices of real estate agents and brokers
This industry group comprises establishments primarily engaged in renting, buying and selling real estate for others, on a fee or commissio...
Industries
1
Canadian industries
2
Open item ->
5313
3 Canadian industries
Industry group
Activities related to real estate
This industry group comprises establishments primarily engaged in activities related to real estate, such as real estate property managemen...
Industries
3
Canadian industries
3
Open item ->
Official classification fields for this page
Official classification fields taken from the current StatCan source bundle.
| Characteristic | Description |
|---|---|
| Official title | Real estate |
| Classification | NAICS Canada 2022 Version 1.0 |
| Publishing authority | Statistics Canada |
| Hierarchical level | Subsector |
| Parent code | 53 - Real estate and rental and leasing |
| International correspondence | ISIC Rev. 4; harmonized with US and Mexico NAICS at higher levels. |
| Source | https://www.statcan.gc.ca/en/subjects/standard/naics/2022/v1/index |
| Source verification | 2026-07-17 |
Canada-wide tax and filing context
Canada-wide business, tax, and filing context from the local country pack and tax pack.
| Characteristic | Description |
|---|---|
| Tax authority | Canada Revenue Agency (CRA) |
| Business identifier | Business 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 requirements | Business Number registration; Form T2125 (Statement of Business or Professional Activities) attached to T1; Form T2 (Corporation Income Tax Return); Form T5013; Form GST34 |
| Sector authority | No cluster authority recorded in the local country pack. |
Exclusions
- acquisition, assembly, subdivision into lots and servicing of raw land for subsequent sale to builders (See 237210 Land subdivision (US))
- construction and development of buildings (See 23 Construction)
- providing short-term lodging for travellers, vacationers and others (See 721 Accommodation services)
- short term accommodation rentals (See 721 Accommodation services)
Classification Confidence Score
3 of 5 factors passing
6/ 10
Verified official source — naics-scian-2022-structure-v1-eng.csv (2026-07-17)
International crosswalk — No international correspondence found
Previous edition migration — NAICS 2017 to 2022 continuity confirmed
Complete hierarchy — 2 levels confirmed in hierarchy
Size or threshold documented — Not applicable for hub levels
Trade or export match — No direct HS code correspondence in current bundle
Legacy crosswalk — Legacy system (SIC 1980) retired in this region
Business Profiles
When you might need code 531
Professions specific to this sector are linked to this part of the Canadian classifier so the page speaks to real work teams.
01
531
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 531 Real estate is the closest NAICS Canada branch before BN registration, GST/HST review, banking onboarding, procurement notes, or internal classification work.
02
531
Self-storage site manager
Use this page when the file covers storage units, occupancy tracking, customer billing, and site operations. It helps confirm whether 531 Real estate is the closest NAICS Canada branch before BN registration, GST/HST review, banking onboarding, procurement notes, or internal classification work.
03
531
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 531 Real estate is the closest NAICS Canada branch before BN registration, GST/HST review, banking onboarding, procurement notes, or internal classification work.
04
531
Commercial real estate broker
Use this page when the file covers property marketing, landlord mandates, tenant representation, and deal packaging. It helps confirm whether 531 Real estate is the closest NAICS Canada branch before BN registration, GST/HST review, banking onboarding, procurement notes, or internal classification work.
Business categories in this branch
A rotating set of business activity examples linked to this part of the Canadian hierarchy.
Commonly confused with
237210 — Land subdivision
acquisition, assembly, subdivision into lots and servicing of raw land for subsequent sale to build...
23 — Construction
acquisition, assembly, subdivision into lots and servicing of raw land for subsequent sale to build...
721 — Accommodation services
acquisition, assembly, subdivision into lots and servicing of raw land for subsequent sale to build...
Source row
531Real 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 531 cover?
Real estate: This subsector comprises establishments primarily engaged in renting and leasing real estate, managing real estate for others, acting as intermediaries in the sale and/or rental of real estate, and appraising real estate.
Which level of the hierarchy is 531?
It is a subsector page in the NAICS Canada 2026 hierarchy.
What is the parent of 531?
It rolls up to 53 Real estate and rental and leasing.
Should I stop at 531 or go lower?
3 lower-level item(s) sit under this branch: Lessors of real estate, Offices of real estate agents and brokers, Activities related to real estate.
Are official inclusion notes attached to 531?
No inclusion rows are attached to this page in the local elements file.
Are there exclusion notes for 531?
Yes. 4 exclusion note(s) help separate this page from nearby codes.
Does 531 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 531?
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.