What Are My Downsizing Options?

image of apartment for a senior

While many people associate downsizing with retirement homes or assisted living, there are so many other options available. Age 70 is the new 50. Older Canadians are healthier and living longer than ever before. Today, for the first time ever, baby boomers (those born between 1946 and 1965), make up 24.9% of the Canadian population, almost one quarter. Moreover, the population aged 85 and older has doubled since 2001 and is expected to triple by 2050.* (Stats Canada April 27, 2022)

Perhaps you're looking for a 55+ community in Mississauga, such as: The Beechwood or The Shores in Port Credit, or Oakville, Palermo Village or Trafalgar Lodge, near the Go Train or in Burlington we have Queensview Retirement or Burlington Gardens. Or maybe a Senior Co-housing situation would be more ideal for you where can still live independently, yet enjoy meaningful social connections.  

Here are Several Downsizing Options:

  • Smaller home/bungalow/Townhome
  • Condominium
  • Adult Lifestyle Communities
  • Senior Buildings/Condo
  • Home Sharing
  • Supportive Housing
  • Age in Place with Home Supports
  • Retirement Homes
  • Independent Living Plus Care Facilities
  • Assisted Living
  • Personal Care Home
  • Long-Term Care
  • Memory Care
  • Complex Continuing Care
  • Palliative Care
  • Senior Co-housing
  • Life Lease