Definitions for "PRINCIPAL RESIDENCE"
a housing unit in Ontario that you usually occupy during the year
a property that will be occupied by the borrower for the majority of the calendar year
Your principal residence is the home in which you (and your family) live most of the time. It can be a house, condominium, mobile home, or even a houseboat.
Keywords:  abode, apt, permanent, regular, home
Regular, permanent abode.
Regular, permanent home/APT, etc.
a preferred asset under the law and may offer additional asset protection options