Lists of reports on this page:
Find care details, insights, and insider perspectives gained from 20+ years of helping seniors and families.
What to know about this topic:
- Average costs of retirement communities
- Independent living retirement home costs
- Cost of assisted living care in Ontario
- Memory care costs
- Costs of long-term care in Ontario
- How will you afford it?
Your senior care costs will largely be determined by the type of retirement community or home care service you choose, as well as the level of care required. Once you have determined these factors, your next step is to research the associated costs and find a retirement community or home care service within your budget.
In Ontario, there are a wide range of costs for retirement communities, long-term care and home care services. Depending on what you are looking for, Ontario offers a range of services from modest to luxurious – also ranging in cost accordingly. Retirement communities in Ontario cost between $1,500 and $6,000 and home care costs average from $25 to $75 an hour.
Average costs of retirement communities
According to the CMHC’s Senior Housing Report (last done in 2021), the average cost of renting a seniors’ housing space in Ontario is $3,354 per month. Keep in mind that in Ontario, retirement communities usually offer a higher level of amenities than in other provinces, and rent usually includes three meals a day, utilities, on-site medical services and a registered nurse, along with a variety of other services and amenities.
As an aside, but notable as a popular type of "retirement community," there are a burgeoning number of resort-style 55 plus communities found across the province. These are priced as low as $279,000 in some locations. You can investigate these more fully in our look at active lifestyle communities in Ontario.
Independent living retirement home costs
The following table looks at basic retirement homes cost in a variety of cities across the province, using data from our own site:
City
|
Suite
|
Sq footage
|
Monthly Rate
|
London, ON
|
studio
|
308 sq ft
|
$3,357 |
Kitchener, ON
|
studio
|
246 sq ft
|
$3,300 |
Niagara Falls, ON
|
studio
|
176 sq ft
|
$1,999 |
Etobicoke, ON
|
Studio
|
344 sq ft
|
$4,250 |
Toronto, ON
|
Studio
|
240 sq ft
|
$2,895 |
Cost of assisted living care in Ontario
If you require more care, such as services available in senior assisted living, here is a survey of the cost of retirement homes, taken from cities across the province:
City
|
Care level
|
What's included
|
Cost (starting from)
|
London, ON
|
assisted living
|
Housekeeping, meals, medical admin
|
$3,507 |
Niagara Falls, ON
|
assisted living
|
Housekeeping, bathing, transfer, medication admin
|
$1,499 |
Etobicoke, ON
|
assisted living
|
Housekeeping, meals
|
$4,250 |
Toronto, ON
|
assisted living | Housekeeping, meals
|
$3,600 |
| Ottawa, ON | assisted living | Housekeeping, dressing, all ADLs | $3,100 |
IN-DEPTH REPORTSRetirement communities in Ontario
FEATURED
Belmont House
55 Belmont Street, Toronto,
Ontario, M5R 1R1
A superb retirement home nestled in Toronto proper, featuring a variety of apartments and suites, along with a fitness room for active seniors, an on-site convenience store and more.
Lifestyle Options: Independent Living
FEATURED
Retirement Suites By The Lake
2121 Kingston Road, Scarborough,
Ontario, M1N 1T5
Part of Scarborough history - located in the Bluffs/Beaches neighbourhood, where the White Castle Inn used to stand. Respite recovery, trial stays and winter retreats are available.
Lifestyle Options: Independent Living, Assisted Living
FEATURED
Chartwell Oakville Retirement Residence
180 Oak Park Boulevard, Oakville,
Ontario, L6H 0A6
Enjoy a social lifestyle and personalized support for your best retirement years yet.
Lifestyle Options: Independent Living
FEATURED
McCowan Retirement Residence - Metta Lifestyles
2881 Eglinton Avenue East, Scarborough,
Ontario, M1J 0A2
McCowan Retirement Residence is a vibrant and family oriented retirement home located in Scarborough. With team members who have been here since we opened in 2004, you can expect a warm welcome and a feeling of home.
Lifestyle Options: Independent Living, Assisted Living, Memory Care
FEATURED
Forestview Retirement Residence
537 Finch Avenue West, North York,
Ontario, M2R 0A8
Forestview Retirement Residence is North York's newest seniors' residence. We offer Independent Lifestyle and Full Service Assisted Living Accommodations and Services, plus Short Term and Respite Stays.
Lifestyle Options: Independent Living, Assisted Living
FEATURED
The Sumach by Chartwell
146 Sumach Street, Toronto,
Ontario, M5A 0P7
The Sumach by Chartwell is a beautiful 12-storey retirement residence featuring spacious seniors’ apartments with flexible, à la carte services and casual amenities in the heart of Downtown East.
Lifestyle Options: Independent Living
FEATURED
Wildpine Retirement Residence
10 Wildpine Court, Stittsville,
Ontario, K2S 1C6
At Wildpine, we strive to provide the very best in accommodations and services, including a continuum of care options, which allow our residents to age in place. We make your decision of where to retire - easy!
Lifestyle Options: Independent Living, Assisted Living
FEATURED
Greenview Seniors Residence - Metta Lifestyles
880 Lawrence Ave E, North York,
Ontario, M3C1P6
At Greenview Residence, we offer a complete range of care services in a welcoming environment. Whether it's our compassionate staff, fresh homemade meals, or exciting and engaging activities, you will truly feel at home.
Lifestyle Options: Assisted Living, Memory Care
FEATURED
Aspira Bolton Mills Retirement Living
100 Morra Avenue, Bolton,
Ontario, L7E4K5
A short drive from the Nashville Conservation Reserve and surrounded by golf courses, Aspira Bolton Mills is perfect for anyone who loves the outdoors.
Lifestyle Options: Independent Living
FEATURED
The Briton House
720 Mt. Pleasant Road, Toronto,
Ontario, M4S 2N7
Family-owned and operated, the Briton House is dedicated to the highest standards of service. Offering a full continuum of care, a variety of amenities and suites, home-cooked meals, and a 15,000 sq. ft. indoor garden.
Lifestyle Options: Independent Living, Assisted Living, Memory Care
FEATURED
Aberdeen Gardens
330 Dundurn Street South, Hamilton,
Ontario, L8P 4L6
A well established retirement residence located in the cozy part of West Hamilton. Winner of the Reader's Choice Award for best Retirement Residence for 4 consecutive years. You know you're home at Aberdeen Gardens.
Lifestyle Options: Independent Living, Assisted Living
FEATURED
Baycrest Terraces
55 Ameer Avenue, Toronto,
Ontario, M6A 2Z1
We are Toronto's Finest Kosher Retirement Residence located on the Baycrest campus. We offer Independent & Assisted Living and Memory Care. Baycrest Terraces, "Where Life Thrives". Call us today for more information.
Lifestyle Options: Independent Living, Assisted Living, Memory Care
FEATURED
Saints Peter and Paul Retirement Residence
221 Milner Avenue, Scarborough,
Ontario, M1S 4P4
Saints Peter and Paul Retirement Residence offers a modern, efficient, and self-sustaining seniors community operated by a professional and compassionate staff, that offers semi independent and assisted living services.
Lifestyle Options: Independent Living, Assisted Living
FEATURED
Queenston Place Residence
6440 Valley Way, Niagara Falls,
Ontario, L2E 7E3
This Niagara Falls retirement home features local activities and scenery in a luxury environment offering a comfortable lifestyle, care and peace of mind.
Lifestyle Options: Independent Living, Assisted Living
FEATURED
Governors Walk Retirement Residence - Metta Lifestyles
150 Stanley Avenue, Ottawa,
Ontario, K1M 2J7
A former monastery and friary, Governors Walk is designed to pay respect to the past while featuring a modern touch. Governors Walk is steps away from the picturesque Rideau River and Stanley park.
Lifestyle Options: Independent Living, Assisted Living, Memory Care
FEATURED
Garden Ridge Adult Lifestyle Community
330 Lakeview Drive, Woodstock,
Ontario, N4T 0G9
Welcome to Garden Ridge Active 55+ Lifestyle Community in charming Woodstock! We offer freehold townhome bungalows which are fully finished with luxury features & finishes! Join our friendly & active community!
Lifestyle Options: Active Living
FEATURED
Hygate Active Senior Living
215 Lexington Road, Waterloo,
Ontario, N2K 0H6
Resort-style retirement living in Waterloo. Hygate promotes active senior living with modern décor and amenities. Enjoy daily fitness, activity programs and fine dining. It's next level senior living.
Lifestyle Options: Apartments, Independent Living, Assisted Living
FEATURED
Queens Estate Retirement Residence - Metta Lifestyles
265 Queens Drive, Toronto,
Ontario, M6L 3C6
At Queens Estate, we offer a complete range of care services in a welcoming environment. Whether it's our compassionate staff, fresh homemade meals, or exciting and engaging activities, you will truly feel at home.
Lifestyle Options: Assisted Living, Memory Care
FEATURED
Chartwell New Edinburgh Square Retirement Residence
420 MacKay Street, Ottawa,
Ontario, K1M 2C4
Experience vibrant, contemporary retirement living in iconic New Edinburgh.
Lifestyle Options: Apartments, Independent Living
FEATURED
Sagecare 147 Elder Street
147 Elder Street, North York,
Ontario, M3H5G9
Enlightened dementia care touches more than memory. 147 Elder St. is a place that provides opportunities for the joy and meaning still ahead when wellbeing can no longer be realized at home.
Lifestyle Options: Memory Care
FEATURED
Arabella Retirement Living
24 Dundas St West, Belleville,
Ontario, K8P 0H1
Arabella Retirement Living is a breath of fresh air for seniors looking for a vibrant and independent way of life. Our friendly staff will ensure your days are filled with amazing meals, fun activities, and so much more.
Lifestyle Options: Independent Living
FEATURED
Edgewood Suites
270 Hagan Street East, Dundalk,
Ontario, N0C 1B0
Welcome to Edgewood Suites in Dundalk Ontario. This brand new community featuring quality rental units, superior amenities and small town charm is open now and available for immediate occupancy.
Lifestyle Options: Active Living
FEATURED
The Dunfield Retirement Residence
77 Dunfield Avenue, Toronto,
Ontario, M4S 2H3
The Dunfield Retirement Residence has established a new standard in senior retirement living in the Greater Toronto Area (GTA) with 177 spacious apartments. Where people come to LIVE!
Lifestyle Options: Independent Living, Assisted Living, Memory Care
FEATURED
One Kenton Place
1 Kenton Drive, North York,
Ontario, M2R 2H6
We offer individualized care for seniors with Alzheimer’s & dementia, by identifying their social, emotional, physical, intellectual & spiritual needs, and are committed to treating residents with dignity & respect.
Lifestyle Options: Memory Care
FEATURED
Chartwell McConnell Retirement Residence
801 4th Street East, Cornwall,
Ontario, K6H 7M8
Bilingual retirement community in Cornwall offering the social and supportive lifestyle you deserve.
Lifestyle Options: Apartments, Independent Living
FEATURED
Aspira Kensington Place Retirement Living
866 Sheppard Avenue West, Toronto,
Ontario, M3H 2T5
A resort-like retirement residence in Toronto featuring a fitness centre, beauty salon and a variety of other luxuries, including a private dining room and more.
Lifestyle Options: Independent Living, Assisted Living, Memory Care
FEATURED
Amica London
517 Fanshawe Park Road West, London,
Ontario, N6G 0C1
This uniquely luxurious London, Ontario retirement home offers elegant dining, indoor fitness facilities, scenic walking trails and many other features for active seniors.
Lifestyle Options: Independent Living, Assisted Living
FEATURED
Applewood Retirement Residence
1500 Lansdowne Street West, Peterborough,
Ontario, K9J2A2
Applewood is a well-established, comfortable and warm retirement community nestled on 2 acres of landscaped gardens right in the heart of Peterborough; close enough to downtown, but far from the daily hustle and bustle.
Lifestyle Options: Independent Living, Assisted Living
FEATURED
Amica Dundas
50 Hatt Street, Dundas,
Ontario, L9H 0A1
This luxurious retirement home in Dundas, a short drive from Hamilton and the Niagara region, offers active living for seniors, with a variety of amenities including fine dining.
Lifestyle Options: Independent Living, Assisted Living, Memory Care
Astoria Luxury Apartments & Seniors’ Suites
130 & 136 Central Park Drive, Ottawa,
Ontario, K2C 4G3
New! Astoria redefines Senior Living with all-inclusive Luxury Apartments and Seniors' Suites in Central Park, Ottawa. Our vibrant community will focus on exceeding your expectations. Call us today 613-688-5045.
Lifestyle Options: Apartments
Bonnie Place
15 Bonnie Place, St Thomas,
Ontario, N5R %T8
At Caressant Care Bonnie Place retirement Home we offer a carefree, vibrant and safe lifestyle, with qualified caring staff. Beautiful patio out back, with bright beautiful gardens that residents and staff care for.
Lifestyle Options: Independent Living
Caroline Place
118 Market Street, Hamilton,
Ontario, L8R 3P9
A gracious and supportive retirement in the heart of Hamilton. Every day is filled with fun and friendship, and delicious chef-prepared meals. Enjoy all that life has offer. Shopping, HPO, Farmer’s Market and Library
Lifestyle Options: Independent Living, Assisted Living
Caressant Care Woodstock Retirement Home
81 Fyfe Avenue, Woodstock,
Ontario, N4S 8Y2
Welcome to Caressant Care Woodstock Retirement Home. We offer a wide range of accommodation options to suit everyone's budget, including studio suites, shared studio suites and deluxe studio suites.
Lifestyle Options: Independent Living, Assisted Living
Amica The Glebe
33 Monk Street, Ottawa,
Ontario, K1S 5X6
Lifestyle Options: Independent Living, Assisted Living, Memory Care
Chartwell Stonehaven Retirement Residence
70 Stonehaven Drive, Kanata,
Ontario, K2M 3B4
Combining personalized service, beautiful natural surroundings and an engaging lifestyle in South Kanata.
Lifestyle Options: Apartments, Independent Living
Promenade Seniors' Suites & Retirement Residence
110 & 150 Rossignol Drive, Orleans,
Ontario, K4A 0N2
Located in Orleans, Promenade is surrounded by walking paths. From Independent Living, Assisted Living, or Memory Care, we offer a vibrant community focused on exceeding your expectations. Contact us today 613-229-7973.
Lifestyle Options: Apartments, Independent Living, Assisted Living, Memory Care
Chartwell Montgomery Village Retirement Residence
155 Riddell Road, Orangeville,
Ontario, L9W 6R4
Welcome to Orangeville’s premier choice for independent and worry-free retirement living.
Lifestyle Options: Apartments, Independent Living
Amica City Centre
380 Princess Royal Drive, Mississauga,
Ontario, L5B 4M9
A luxurious retirement community in the heart of Mississauga, Ontario, featuring elegant interiors, a swimming pool and a vibrant social life for active seniors.
Lifestyle Options: Independent Living, Assisted Living
Grandview Retirement Living
83 Centennial Parkway South, Stoney Creek,
Ontario, L8G 0B7
In the heart of downtown Stoney Creek, Grandview Retirement Living offers a variety of suites, delicious dining and unsurpassed amenities. Inclusive, customized independent and assisted living service packages available.
Lifestyle Options: Independent Living, Assisted Living
St. Elizabeth Village
1 Yates Gate, Hamilton,
Ontario, L9B 1T8
St. Elizabeth Village is a place where community comes first. The Village is set on an impressive 114-acre natural oasis of parks and ponds. Enjoy a non-stop slate of social activities in a vibrant, active lifestyle.
Lifestyle Options: Active Living
Canterbury Place Retirement Residence - Verve Senior Living
1 Canterbury Place, North York,
Ontario, M2N 0G7
Canterbury Place offers a variety of suites styles in an elegant condo-like building for active adults & those needing assistance. We offer a unique healthcare program for our residents including palliative care.
Lifestyle Options: Independent Living, Assisted Living
Royal Heights Inc.
30 Adelaide Avenue East, Oshawa,
Ontario, L1G 0B8
Royal Heights is designed with your active & independent lifestyle in mind. Luxury apartments feature en-suite laundry, stainless steel appliances & balconies. On site Fitness room, salt water pool, movie theatre & more!
Lifestyle Options: Active Living
St. Elizabeth Retirement Residence
391 Rymal Road West, Hamilton,
Ontario, L9B 1V2
St. Elizabeth Retirement Residence, part of St. Elizabeth Village, offers bright suites, chef created meals, and many amenities. Health and wellness is our focus through excellent care while living in a tranquil setting.
Lifestyle Options: Independent Living, Assisted Living
Sifton - Dorchester Terrace
143 Byron Ave, Dorchester,
Ontario, N0L 1G5
Dorchester Terrace offers area seniors a variety of suite choices, wellness support services, medication administration, housekeeping services, physiotherapy and daily dining in an open restaurant-style dining room.
Lifestyle Options: Independent Living
The Village of Glendale Crossing
3030 Singleton Avenue, London,
Ontario, N6L 0B6
A true retirement hub featuring independent Living Apartments with full kitchens, Retirement Apartments, Full Service Retirement suites with walk out patios, Assisted Care, Memory Care and LTC.
Lifestyle Options: Apartments, Independent Living, Assisted Living, Memory Care, Long-term care
The Village of Wentworth Heights
1620 Upper Wentworth St., Hamilton,
Ontario, L9B 2W3
The Village of Wentworth Heights is a full-service retirement living community offering retirement apartments, full-service suites, assisted living and memory care.
Lifestyle Options: Apartments, Independent Living, Assisted Living, Memory Care
The Village of Winston Park
695 Block Line Road, Kitchener,
Ontario, N2E 3K1
This elegant retirement residence in Kitchener-Waterloo offers a continuum of care from independent living apartments to assisted living, memory care and long-term care.
Lifestyle Options: Independent Living, Assisted Living, Memory Care, Long-term care
Carleton Place Terrace by Symphony
6 Arthur Street, Carleton Place,
Ontario, K7C 4S4
We offer a truly all inclusive plan. We welcome pets: offer residents accommodation options .Our array of activities & chef-prepared meals keep our residents healthy & active. Offering beautiful outdoor spaces to enjoy.
Lifestyle Options: Independent Living, Assisted Living, Memory Care
Sifton - Richmond Woods
200 North Centre Road, London,
Ontario, N5X 0B1
A desirable retirement residence in London, Ontario, including 130 suites with extensive amenities designed to provide the ultimate in retirement living. Proud winners of the "Best of London in Retirement Living 2020!"
Lifestyle Options: Independent Living
Chateau Glengarry Retirement
105 St. Paul Street, Alexandria,
Ontario, K0C 1A0
Located between Ottawa & Montreal, our bilingual staff cater to seniors who are independent, need assistance or have early memory loss. Enjoy home-cooked food, fitness & daily activities. Respite stays are welcome.
Lifestyle Options: Independent Living, Assisted Living
Winchester Glen Retirement Community
2501 Thoroughbred Street, Oshawa,
Ontario, L1L 0P8
Your home at Winchester Glen will offer an active, independent lifestyle in a senior-friendly community. You will enjoy a private suite with amazing amenities, convenient services & daily activities at your doorstep!
Lifestyle Options: Independent Living, Assisted Living
Livita Barrington Retirement Residence
450 Yonge Street, Barrie,
Ontario, L4N 4E2
Nestled in a picturesque garden, Livita Barrington offers charming cottage living with amenities moments away. Our dedicated team know each unique resident, and provide a personalized approach that feels like home.
Lifestyle Options: Independent Living
New Horizons Tower
1140 Bloor Street West, Toronto,
Ontario, M6H 4E6
A well-established not-for-profit, NHT is committed to enriching the lives of seniors. Gracious dining & café, a terrace garden, daily fitness, a vibrant Concert Series - there is plenty for residents to enjoy at NHT!
Lifestyle Options: Independent Living, Assisted Living, Memory Care
Amica Taunton
85 Taunton Road East, Whitby,
Ontario, L1R 0S4
AMICA Taunton offers a full continuum of care from townhome condos to Memory Care. We have 24/7 nurses and a visiting doctor. Residents choose to dine between 7am-7pm and enjoy special menus created by our Red Seal Chef.
Lifestyle Options: Independent Living, Assisted Living, Memory Care
The Richmond Retirement Residence - Verve Senior Living
175 North Front Street, Belleville,
Ontario, K8P 4Y8
The Richmond, combines an affordable lifestyle with comfort, security and friendly full service. You will feel a sense of warmth and know you are home the minute you walk in the door.
Lifestyle Options: Independent Living, Assisted Living
Richmond Hill Retirement Residence - Verve Senior Living
70 Bernard Avenue, Richmond Hill,
Ontario, L4C 0W7
Richmond Hill Retirement Residence offers full service including meals, housekeeping, active adult, independent and assisted living. Our focus is on maintaining good health, great food, new friends & lots of laughter!
Lifestyle Options: Independent Living, Assisted Living
Delmanor Elgin Mills
80 Elgin Mills Road East, Richmond Hill,
Ontario, L4C 0L3
Award Winning Delmanor Elgin Mills, has proudly served the Richmond Hill community since 2002, offering Independent, Assisted Living and Memory Care options, you can choose from a variety of well-appointed sized suites.
Lifestyle Options: Independent Living, Assisted Living, Memory Care
VIVA Pickering
1880 Glengrove Road, Pickering,
Ontario, L1V 0C6
V!VA Pickering is Durham's premier all-inclusive rental retirement community! Enjoy large suites, great amenities, delicious dining, and a Team devoted to Making Today Great for you and your family! Book your tour today!
Lifestyle Options: Independent Living, Assisted Living
Stoneridge Estates by Estates of Niagara
2626 Mewburn Road, Niagara Falls,
Ontario, L2J 0G4
Stoneridge Estates presents an upscale boutique property setting a new standard for a 55+ Active Lifestyle Community. Nestled in Niagara's Wine region, offering engaging amenities. Sure to make every day extraordinary!
Lifestyle Options: Active Living
The Wellington
1430 Upper Wellington Street, Hamilton,
Ontario, L9A 5H3
This award winning Hamilton retirement home offers varying senior care. Just minutes away from shopping, theatres, restaurants and major transportation links.
Lifestyle Options: Independent Living, Assisted Living, Long-term care
The Village of Humber Heights
2245 Lawrence Avenue West, Etobicoke,
Ontario, M9P 3W3
The Village of Humber Heights is a retirement community that offers various lifestyle options and levels of services ranging from independent living with meals, to assisted living, memory care, and long-term care.
Lifestyle Options: Independent Living, Assisted Living, Memory Care, Long-term care
The Village at University Gates
250 Laurelwood Drive, Waterloo,
Ontario, N2J 0E2
Now welcoming our Retirement Home Residents to the Village. We offer Waterloo a range of services for today's Senior including Retirement Apartments, Assisted Living, Memory Care and Long Term Care.
Lifestyle Options: Independent Living, Assisted Living, Memory Care, Long-term care
Amica Stoney Creek
135 King St. E, Stoney Creek,
Ontario, L8G 0B2
Amica Stoney Creek celebrates its rich heritage on the site of Stoney Creek Dairy, a local treasure from 1929 to 2012. Stroll to shops, pubs, or Olde Town Stoney Creek, or take a trip to nearby Hamilton or Niagara.
Lifestyle Options: Independent Living, Assisted Living, Memory Care
Willoughby Manor Retirement Residence
3584 Bridgewater Street, Niagara Falls,
Ontario, L2G 6H1
Our homelike atmosphere sets the tone for our tight-knit high-spirited community. Our dedicated team provides 24 hr care & services including: health, wellness, meals, laundry, housekeeping, safety, security & more.
Lifestyle Options: Independent Living, Assisted Living
Livita Centennial Retirement Residence
259 Hillcroft St., Oshawa,
Ontario, L1G8E4
We are an inclusive age-in-place community nestled in a beautiful residential neighbourhood across from Centennial Park and it’s lush walkways. We offer a mix of health care services customized to your needs.
Lifestyle Options: Independent Living, Assisted Living
Sifton - The Westhill
25 Westhill Drive, Waterloo,
Ontario, N2T 0B6
The Westhill is an inviting atmosphere of new friends and great times, with personalized support services for better living. The Westhill is conveniently located in Waterloo, near The Boardwalk shopping area.
Lifestyle Options: Independent Living
Aspira Lynde Creek Gardens Retirement Living
50 Paul Burns Way, Whitby,
Ontario, L1R 2Y9
At Aspira Lynde Creek our goal is to help you live fully, every day.
Lifestyle Options: Independent Living, Assisted Living
Meadowlands - A VIVA Retirement Community
1248 Mohawk Road, Ancaster,
Ontario, L9K 1P5
The number one retirement community in the Ancaster and Hamilton Area. Meadowlands offers personal choice in living accommodations, dining, recreation, social and personal services. Make the most of your retirement years
Lifestyle Options: Independent Living, Assisted Living
Parkland on the Glen
1665 The Collegeway, Mississauga,
Ontario, L5L 0A9
Parkland is located at Mississauga and The Collegeway next to the Glenerin Inn. We are surrounded by beautiful green space. For the past 6 years we've been awarded one of the top 3 Retirement Communities in Mississauga.
Lifestyle Options: Apartments, Independent Living, Assisted Living
The Meadows of Aurora
440 William Graham Drive, Aurora,
Ontario, L4G 1X5
The Meadows of Aurora is a Christian Seniors Lifestyle Community that promotes the wellbeing of individuals 65+. Residents experience nature’s green spaces, memorable dining experiences and great times with friends.
Lifestyle Options: Active Living
WaterView Estates by Estates of Niagara
518 Queenston St, St. Catharines,
Ontario, L2R 7K6
WaterView Estates & Wellness Suites, offers a luxurious, vibrant Active Living community along the Welland Canal, steps from walk/bike trails, world class amenities and living options designed to create your best life!
Lifestyle Options: Active Living
Hazelton Place Retirement Residence - Verve Senior Living
111 Avenue Road, Toronto,
Ontario, M5R 3J8
Luxury and quality is in every corner of Hazelton from its lobby to its inviting Bistro & Bar. Offering amenities and services, Hazelton makes it easy for you to define and enjoy your lifestyle.
Lifestyle Options: Independent Living, Assisted Living
Richmond Care Home
27 Nixon Farm Drive, Richmond,
Ontario, K0A 2Z0
Richmond Care Home is a unique 16-unit retirement home designed for women living with dementia. We offer exceptional long-term and respite memory care, that's very reasonably priced in an intimate home-like setting.
Lifestyle Options: Memory Care
Livita Parkway Retirement Residence
1645 Pickering Parkway, Pickering,
Ontario, L1V 7E9
Our boutique-style residence is designed for people who want to maintain an active independent lifestyle, thrive, participate & enjoy access to our in–house supportive programs, local shopping & community services
Lifestyle Options: Independent Living, Assisted Living
Parkland Ancaster
558 Golf Links Rd., Hamilton,
Ontario, L9G 4W9
At Parkland Ancaster, we will offer a luxurious, vibrant, social lifestyle in a beautiful safe, premium home. Enjoy upscale amenities, creating a supportive space for you to thrive socially and lead fulfilling lives.
Lifestyle Options: Apartments, Independent Living, Assisted Living, Memory Care
Forest Valley Terrace By Symphony
1510 St. Joseph Boulevard, Orleans,
Ontario, K1C 7L1
Forest Valley Terrace is proud to be the only community that is specifically designed & dedicated to the unique needs of seniors with all stages of Alzheimer’s, dementia or other forms of memory impairment in Ottawa.
Lifestyle Options: Assisted Living, Memory Care
Park Place Retirement Residence
126 Graham Street, Woodstock,
Ontario, N4S6J9
Located in the heart of downtown Woodstock, Park Place Retirement Residence is known for our homelike atmosphere, delicious food, helpful staff and variety of activities. It's more than a residence it’s a community!
Lifestyle Options: Independent Living, Assisted Living
Southbrook Retirement Residence
400 Ray Lawson Blvd., Brampton,
Ontario, L6Y 4G4
Southbrook is all about choices - We celebrate independence in senior living but, are always here to provide assistance when you need it. Southbrook - come be a part of our community, our family and meet new friends!
Lifestyle Options: Independent Living, Assisted Living
Delmanor West Village
15 Summerland Terrace, Etobicoke,
Ontario, M9A 0B5
Delmanor West Village is an active aging community that offers residents unlimited opportunities to maintain an active and healthy lifestyle and improve their physical, mental and social well-being
Lifestyle Options: Independent Living
Waterside - A VIVA Retirement Community
105 McNeely Avenue, Carleton Place,
Ontario, K7C 0A1
Waterside, A V!VA Retirement Community, offers Community Members a wide selection of amenities including fine dining, saltwater pool, fitness studios, big-screen movie theatre, pub and so much more!
Lifestyle Options: Independent Living
Crown Ridge Retirement Residence
106 Crown Street, Trenton,
Ontario, K8V 6R3
Located on the east side of Trenton in a quiet neighbourhood. Enjoy beautiful suites of various sizes & layouts with advanced safety features. Elegant dining plus snacks & beverages included.
Lifestyle Options: Independent Living, Assisted Living
VIVA Barrhaven
275 Tartan Drive, Ottawa,
Ontario, K7A 6A9
Ottawa's newest all-inclusive retirement community simply includes more! From a saltwater pool to an incredible golf simulator, our impressive amenities are only matched by our commitment to exceptional care & service.
Lifestyle Options: Independent Living, Assisted Living
Palermo Village - Verve Senior Living
3136 Dundas Street West, Oakville,
Ontario, L6M 0S5
Palermo Village is a luxurious 6-storey condo style residence that offers you the opportunity to enjoy a vibrant & active social life, while our chefs and skilled health care team focuses on your nutrition & well being.
Lifestyle Options: Independent Living, Assisted Living
Carp Commons Retirement Village - Verve Senior Living
458 Donald B. Munro Drive, Carp,
Ontario, K0A 1L0
One visit to Carp Commons Retirement Village and you’ll see the difference in terms of amenities, food, services, programs, and the little touches that make it feel like home.
Lifestyle Options: Independent Living, Assisted Living, Memory Care
Delmanor Glen Abbey
1459 Nottinghill Gate, Oakville,
Ontario, L6M 4W1
Delmanor Glen Abbey celebrates 20 years! Country club style, surrounded by nature, birds and bees. Minutes from downtown Oakville, hospitals and senior’s centres. Truly an inspired retirement living experience.
Lifestyle Options: Independent Living
Park Place Seniors' Suites & Retirement Residence
110 & 120 Central Park Dr, Ottawa,
Ontario, K2C 4G3
Located in Central Park, Independent Seniors will find a home in our Seniors' Suites. Those needing more care find comfort in our Retirement Residence. We're focused on exceeding expectations. Call today 613-266-1354.
Lifestyle Options: Apartments, Independent Living, Assisted Living, Memory Care
Scarborough Retirement Residence
148 Markham Road, Scarborough,
Ontario, M1M 2Z8
A family owned and managed residence that offers seniors the opportunity to maintain their independence. Enjoy healthy Chef-prepared meals, daily life enrichment programs. We also offer short-term trial or respite stays.
Lifestyle Options: Apartments, Independent Living, Assisted Living
VIVA Whitby Shores
51 Whitby Shores Greenway, Whitby,
Ontario, L1N OM5
Enjoy a lakeside lifestyle with modern amenities and a warm, welcoming team ready to meet your every need.
Lifestyle Options: Independent Living, Assisted Living
The Village of Tansley Woods
4100 Upper Middle Road, Burlington,
Ontario, L7W 4W8
At The Village of Tansley Woods, we offer the full continuum of care - Independent Living Suites, Retirement Apartments, Full Service Retirement Suites, Assisted Care, Memory Care and Long Term Care all in one village.
Lifestyle Options: Apartments, Independent Living, Assisted Living, Memory Care
The Elden of Bradford
3131 8th Line, Bradford,
Ontario, L3Z 4H2
Voted Bradford's Favourite Retirement Residence 4 years in a row, we are the perfect place for young-at-heart seniors who are seeking an exciting lifestyle. Call it UN-Retirement Living! Independent and Assisted Living.
Lifestyle Options: Independent Living, Assisted Living
Livita Queens Avenue Retirement Residence
1056 Queens Avenue, ON, Oakville,
Ontario, L6H 6R3
Nestled in a residential neighbourhood close to shopping, dining & community services, our residence is ideal for seniors who want to relax while pursuing their hobbies & staying active. All suites include full kitchens
Lifestyle Options: Apartments, Independent Living, Assisted Living
Sifton - Riverstone
1951 Shore Rd., London,
Ontario, N6K 0K5
Riverstone supports an independent retirement lifestyle in a brand-new community built for you. Choose from retiree apartments, one-floor villa townhomes and retirement suites coming Fall 2023!
Lifestyle Options: Independent Living
Symphony Senior Living Kanata
27 Weaver Crescent, Kanata,
Ontario, K2K 2Z8
Enjoy the natural setting of the surrounding Kanata Lakes with access to all essential amenities. Symphony Senior Living Kanata is community that offers a variety of service packages and suites to fulfill all your needs.
Lifestyle Options: Independent Living, Assisted Living, Memory Care
Parkland Ajax
3 Rossland Road West, Ajax,
Ontario, L1Z 0V1
Parkland Ajax offers independent and supportive options! Beautifully designed spacious suites, exceptional on site amenities and professional staff on site 24/7, Parkland is where you can live your best life!
Lifestyle Options: Apartments, Assisted Living, Memory Care
The Riverine
328 Dundas Street West, Napanee,
Ontario, K7R4B5
The Riverine is a beautiful waterfront property offering seniors two levels of retirement living, with the comfort of knowing your needs will be looked after. We're proud to be 100% family owned and operated.
Lifestyle Options: Independent Living, Assisted Living
Harmony Hill Retirement Community
1335 Benson Street, Oshawa,
Ontario, L1K 0W6
Harmony Hill offers comfort, security, and friendship, as well as a full range of amenities and services that you expect from a premier, active-living seniors community.
Lifestyle Options: Apartments, Independent Living, Assisted Living
White Cliffe Terrace - Verve Senior Living
1460 Highway #2, Courtice,
Ontario, L1E 3C4
This award winning Oshawa retirement home is near parks and shopping, offering spacious seniors' suites and the option of assisted living care. Readers Choice Award Winner for Retirement living from 2016 2019.
Lifestyle Options: Independent Living, Assisted Living
Amica Little Lake
70 Lakeside Terrace, Barrie,
Ontario, L4M 0J2
Lifestyle Options: Independent Living, Assisted Living, Memory Care
Evergreen Retirement Community - Verve Senior Living
820 Scollard Court, Mississauga,
Ontario, L5V 0A1
Stylish Mississauga retirement home offering independent, full-service and assisted living lifestyles, featuring a hair salon, onsite bistro and much more.
Lifestyle Options: Independent Living, Assisted Living
Golden Pond Retirement Residence
387 Goodrich Rd, Codrington,
Ontario, K0K 1R0
A truly unique environment for seniors who cherish a family-like atmosphere, complete with full support services, assisted living, and more—all in a natural setting enriched by light, sun, water, plants, and pets.
Lifestyle Options: Independent Living, Assisted Living
Bramalea Retirement Residence
30 Peel Centre Drive, Brampton,
Ontario, L6T 4G3
Enjoy the luxury of a new community with the conveniences of home, including 3 freshly prepared meals, medication management, 24 hour supervision and a variety of activities.
Lifestyle Options: Independent Living, Assisted Living
Parkland on Eglinton West
4650 Eglinton Ave. W., Etobicoke,
Ontario, M9A 0E3
Parkland on Eglinton West offers Lifestyle Apartments, All-Inclusive Lifestyle and Supportive Lifestyle options for seniors. Parkland makes it easy for you to do more of what you love!
Lifestyle Options: Apartments, Independent Living, Assisted Living, Memory Care
Tiverton Park Manor
24 King St, Tiverton,
Ontario, N0G 2T0
Lifestyle Options: Independent Living, Assisted Living
The Redwoods Retirement Residence
2604 Draper Avenue, Ottawa,
Ontario, K2H 9B1
Redwoods apartment style community offers suite with full kitchens, individual meal plans and valet service. Whether you're meeting friends for a drink or for a swim, you'll love the social life at The Redwoods.
Lifestyle Options: Independent Living, Assisted Living
VIVA Mississauga
5575 Bonnie Street, Mississauga,
Ontario, L5M 0N8
Mississauga's premier all-inclusive rental retirement community. Enjoy bright, spacious suites, modern amenities, delicious dining, and a Team devoted to Making Today Great! for you and your family! Book your tour today!
Lifestyle Options: Independent Living, Assisted Living
The Village of Taunton Mills
3790 Brock Street North, Whitby,
Ontario, L1R 0H2
The Village of Taunton Mills in Whitby presents several levels of service from seniors' apartments with full kitchens, retirement apartments with meals and services to memory care, assisted living and long-term care.
Lifestyle Options: Apartments, Independent Living, Assisted Living, Memory Care
Bruyère Village
889 Hiawatha Park Road, Orleans,
Ontario, K1C 0A9
Nestled in a unique community setting, Bruyère Village offers dedicated, motivated staff and a full range of support services. New apartments, new amenities, and located the the banks of the Ottawa River.
Lifestyle Options: Active Living
Ashley Oaks Retirement Residence
200 Rivermont Road, Brampton,
Ontario, L6Y6L4
Ashley Oaks offers a vibrant and active lifestyle. Our new community has a touch of European charm with spacious suites, delicious cuisine, and a variety of amenities. It's not just a place to live but a place to thrive!
Lifestyle Options: Independent Living, Assisted Living
Stouffville Creek Retirement Residence - Verve Senior Living
40 Freel Lane, Stouffville,
Ontario, L4A 0P5
Stouffville Creek is a cozy & comfortable place to call home. Everyone is on a first name basis, and the food is exceptional. A short drive north of Toronto, close to major highways, shops, stores & nature trails.
Lifestyle Options: Independent Living, Assisted Living
Symphony Senior Living Orleans
6419 Lumberman Way, Orleans,
Ontario, K1C 6E8
At this park-like setting, seniors are offered the choice between studio, 1 or 2 bedroom suites. Bring along pets while enjoying a variety of customizable options, including a varied menu and recreational programs.
Lifestyle Options: Independent Living, Assisted Living
Ravines Seniors' Suites & Retirement Residence
626 & 636 Prado Private, Ottawa,
Ontario, K2E 0B3
Located in Citiplace, Ravines is surrounded by walking paths. From Independent Living, Assisted Living, or Memory Care, we offer a vibrant community focused on exceeding your expectations. Contact us today 613-223-8506.
Lifestyle Options: Apartments, Independent Living, Assisted Living, Memory Care
The Village of Riverside Glen
60 Woodlawn Road East, Guelph,
Ontario, N1H 8M8
This elegant Guelph retirement home offers a range of care including assisted living and long term care, serviced by a friendly, caring staff.
Lifestyle Options: Assisted Living, Memory Care, Long-term care
VIVA Oakville
1 Sixteen Mile Drive, Oakville,
Ontario, L6M 1P3
Now Open! Exclusive membership meets all-inclusive living at Oakville's newest retirement community. V!VA Oakville elevates retirement living to new heights with unmatched amenities, services and style. Tour today!
Lifestyle Options: Independent Living, Assisted Living
Four Elms Retirement Residence - Verve Senior Living
1500 Steeles Avenue West, Thornhill,
Ontario, L4J 4H6
Four Elms is an elegant Retirement Residence offering the finest in Senior Living. Choose a suite style that is perfect for you and enjoy an active lifestyle, fine dining and the company of good friends.
Lifestyle Options: Independent Living, Assisted Living
Amica Pickering
1450 Pickering Parkway, Pickering,
Ontario, L1V 0G2
Lifestyle Options: Independent Living, Assisted Living, Memory Care
Sifton - Erinview
2630 Fifth Line west, Mississauga,
Ontario, L5K 0A8
Located in the heart of Mississauga, Erinview offers an atmosphere of worry-free, comfortable living with personalized support in the presence of good friends.
Lifestyle Options: Independent Living
Living Water Retirement Residence
19 Keith Ave., Collingwood,
Ontario, L9Y 4T9
A Resort Style Community Served by a Team With Loving Hearts. We commit to providing an exceptional, caring experience for all residents with a culture that is people-centred, actionable love, compassion, and humility.
Lifestyle Options: Independent Living, Assisted Living
Delmanor Prince Edward
4180 Dundas Street West, Etobicoke,
Ontario, M8X 1X8
Situated in a treed ravine setting overlooking the Humber River, Delmanor Prince Edward provides vistas that vary from the serenity of the adjacent valley to the resplendence of the Toronto downtown skyline!
Lifestyle Options: Independent Living, Assisted Living
Delmanor Wynford
187 Wynford Drive, North York,
Ontario, M3C 0C7
A full service 5-star retirement community centrally located in Toronto - features extensive common areas, a rooftop putting green and a variety of other amenities catering to today's active seniors.
Lifestyle Options: Independent Living
Heritage Place Retirement Residence
4151 Kilmer Drive, Burlington,
Ontario, L7M 5A9
Heritage Place is an independently owned retirement residence in Burlington, specializing in quality accommodation & services for the active senior, with 2 styles of living: apartment style suites & 2 bedroom bungalows
Lifestyle Options: Apartments, Independent Living
Delmanor Northtown
5351 Yonge Street, North York,
Ontario, M2N 7L5
Delmanor Northtown is a full-service boutique retirement residence located in the heart of North York, catering to active and independent seniors.
Lifestyle Options: Independent Living
The Shores of Port Credit - Verve Senior Living
280 Lakeshore Rd. W., Mississauga,
Ontario, L5H 0A5
The Shores is designed for vibrant living with the highest quality of personal care. Amenities include pool, fitness & exercise club, restaurant, bistro & cafe, a golf simulator lounge & wine cellar.
Lifestyle Options: Apartments, Independent Living, Assisted Living, Memory Care
Amica Whitby
200 Kenneth Hobbs Avenue, Whitby,
Ontario, L1R 0G6
Located near downtown Whitby, our residence puts you in the heart of Durham Region. Stroll the paths by the Whitby Harbour or explore the landscape at Heber Down Conservation Area. There’s so much to do at Amica Whitby
Lifestyle Options: Independent Living, Assisted Living
Holland Gardens - Verve Senior Living
552 Holland St W, Bradford,
Ontario, L3Z 4H3
Located in the heart of a vibrant community, Holland Gardens is the perfect place to live, laugh and enjoy life. An exciting community offering a luxurious resort lifestyle, an ideal place for inspired senior living.
Lifestyle Options: Independent Living, Assisted Living, Memory Care
Sifton - Longworth
600 Longworth Road, London,
Ontario, N6K 4X9
Voted London's Best Retirement Residence seven years running! We promote our passion for seniors living well by offering choices for an active, wellness focused lifestyle with the security of knowing help is at hand.
Lifestyle Options: Independent Living
Port Credit Residences - Verve Senior Living
33 Hurontario Street, Mississauga,
Ontario, L5G 3G8
Port Credit Residence situated in the Mississauga area offers seniors a luxurious resort-inspired lifestyle. Enjoy an oversized pool, wellness centre, onsite physiotherapy, a movie theatre, library, spa/salon and more!
Lifestyle Options: Independent Living, Assisted Living
Shepherd Terrace
3758 Sheppard Avenue East, Scarborough,
Ontario, M1T 3K9
Shepherd Terrace offers a variety of independent and assisted living suites within the renowned Shepherd Village. With its long history of providing caring service you’ll love the amenities and the excellent services.
Lifestyle Options: Independent Living, Assisted Living
Livita Bridge Street Retirement Residence
85 Bridge Street East, Belleville,
Ontario, K8N 1L9
Livita Bridge Street is a welcoming residence where everyone knows your name. Our closely knit community is located in the prestigious East Hill district of Belleville, offering Independent & assisted living services.
Lifestyle Options: Independent Living, Assisted Living
Delmanor Aurora
25 Butternut Ridge Trail, Aurora,
Ontario, L4G 3Z3
Delmanor Aurora provides a new twist on retirement living, in a five-star resort-style setting. Extensive amenities including saltwater pool, fitness centre, theatre, spa, market, ground floor patio and rooftop terrace.
Lifestyle Options: Apartments, Independent Living, Assisted Living
The Roxborough Retirement Residence - Verve Senior Living
1 Roxborough Road, Newmarket,
Ontario, L3Y 2P8
You'll feel warmth as soon as you walk through the door. The Roxborough Retirement Residence is both elegant and cozy with a dedicated and caring staff that go above and beyond for your well-being and happiness.
Lifestyle Options: Independent Living, Assisted Living
Credit River - Verve Senior Living
175 Rutledge Rd., Mississauga,
Ontario, L5M 0X7
Credit River is a 6-storey condo style residence, with an array of well-appointed suite styles to choose from and our highly-skilled health care professionals are available around the clock if you need them.
Lifestyle Options: Independent Living, Assisted Living, Memory Care
The Village of Erin Meadows
2930 Erin Centre Boulevard, Mississauga,
Ontario, L5M 7M4
Mississauga's unique continuum of care featuring a vibrant Main Street with Independent Living Suites, Retirement Apartments, Full Service Suites, Assisted Care, Memory Care and Long Term Care.
Lifestyle Options: Apartments, Independent Living, Assisted Living, Memory Care
Oakcrossing Retirement Living
1238 Oakcrossing Road, London,
Ontario, N6H 0K2
Welcome to Oakcrossing Retirement Living, where we have a fresh perspective on senior living. Offering a large variety of studios, one- and two-bedroom suites with both retirement and assisted living services available.
Lifestyle Options: Independent Living, Assisted Living
The Village of Arbour Trails
32 Bayberry Drive, Guelph,
Ontario, N1G 0C9
Guelph retirement home offers Independent Living, Assisted Living and Memory Care. Includes 24 hour onsite nursing team and medication support within a Village-like setting. It takes a Village to care.
Lifestyle Options: Independent Living, Assisted Living, Memory Care
Don Mills Retirement Residence - Verve Senior Living
2 Green Belt Drive, North York,
Ontario, M3C 1L8
A luxury senior living community in the heart of North York. Be inspired by beautifully appointed amenities in our state-of-the-art building offering exceptional care, intelligent technology & exciting life enrichment.
Lifestyle Options: Independent Living, Assisted Living, Memory Care
VIVA Thornhill Woods
9700 Bathurst Street, Vaughan,
Ontario, L6A 4V2
Vaughan's premier all-inclusive rental retirement community! Enjoy bright, spacious suites, modern amenities, delicious dining, and a Team devoted to Making Today Great! for you and your family! Book your tour today!
Lifestyle Options: Independent Living, Assisted Living
IN-DEPTH REPORTSHome care companies in Ontario
Take It Easy Care Inc.
Ajax, Brock, Clarington, Pickering, Scugog, Uxbridge, Whitby, Oshawa,
Ontario, .
Our clients are at the heart of everything we do. We believe in tailoring our services to meet their unique needs, recognizing that no two individuals are the same. Whether it's medical care, companionship, or assistance
Lifestyle Options: Respite care, Assisted Living, Memory Care, Home Care
Richmond Heights Health Clinic and Home Care
10520 Yonge Street, Unit 4, Richmond Hill,
Ontario, L4C 3C7
Richmond Heights Health Clinic & Home Care, provides compassionate 24 hour personalized senior care services with bonded, registered & licensed Nurses / RPN's, in your home, hospital, rehab, LTC & retirement communities.
Lifestyle Options: Respite care, Assisted Living, Memory Care, Long-term care, Home Care
Cedar Home Health Care
1 Concord Gate, Suite 702, North York,
Ontario, M3C 3N6
Lifestyle Options: Home Care
In-Home Assisted Living Inc.
2 St. Clair Avenue West, Toronto,
Ontario, M4V 3A1
In-Home Assisted Living offers caregivers and nurses to help seniors and people with medical challenges to remain living in their own home with safety and comfort. Also ask about our hospital bedside support.
Lifestyle Options: Respite care, Assisted Living, Memory Care, Long-term care, Home Care
Nurse For Care
2390 Eglinton Avene East, Suite #224, Toronto,
Ontario, M1K 2P5
We offer Caregiver, PSW & RPN services in a Customized, Affordable way to all ages & needs in GTA, Hamilton, Durham, Sudbury or anywhere in Ontario at Home, Hospital, Rehab, Retirement home, & Long-term care facilities.
Lifestyle Options: Respite care, Assisted Living, Memory Care, Long-term care, Home Care
Memory care costs
Many families decide to use memory care facilities in a retirement home, while they are on a waiting list for a long term care home. The following provides a survey of the cost of memory care, taken from a variety of communities across the province.
Note that we also provide data for Ontario cities in other pages. For example, you can see a number of examples from Ontario cities, for memory care costs.
City
|
Detailed care included
|
Cost/mo from
|
Guelph, ON
|
Meals, housekeeping, dressing and all ADLs, except feeding
|
$4,800
|
Toronto, ON
|
Meals, housekeeping, bathing, medication administration
|
$6,300
|
Ottawa, ON
|
Meals, housekeeping, dressing and all ADLs
|
$5,500
|
Costs of long-term care in Ontario
In Ontario, long-term care costs vary depending on the type of suite, duration of stay and length of stay. Spots in long-term care residences are determined solely by need.
Long-term care residence costs
Daily Rate
|
Monthly Rate
|
|
Long-stay basic
|
$54
|
$1620
|
Long-stay semi-private
|
$62
|
$1863
|
Long-stay private
|
$72
|
$2167
|
Short-stay
|
$35
|
$1053
|
Quality is a very big factor in determining the fees you will pay. Consult retirement home reviews to hear how others think they're getting their money's worth out of the cost they are paying.
The cost of senior care varies quite widely depending on a number of factors. You can reduce your costs by looking around, perhaps looking further afield than you immediately think, and perhaps stretch your comfort zone in order to get the best price for you.
For information on budgeting and financial tips read Easing Your Financial Stress
There are several factors in play that greatly affect the costs you will pay for any single seniors' care suite:
- The location of the retirement home
- The size of the suite
- The level of care offered
- The detailed care you require (feeding, bathing, etc.). These are often provided on a per-service fee
Before you move into any retirement home, find out about the potential of rate increases, or any other costs that may be hidden.
Worried about outliving your retirement savings? Download our Reduce Your Financial Risk Tool for free financial tips and advice.
How will you afford it?
For anyone moving into a retirement home, you need to know the full costs associated with each home or residence before you move in and you need to be aware of potential changes to those costs such as lease or rental increases or changes to your income or investments.
Paying for a retirement home may be easier than you think when you consider that the monthly rate covers many living expenses including everything from home repairs to property taxes to heat and hydro. If you are incurring expenses for in-home care, or children are taking time off work to care for an elderly loved one, these add to the "hidden costs" of living at home, as well.
Regular benefits for seniors include Old Age Security (OAS) and Canada Pension Plan (CPP) benefits, but there may be many more sources of income available to you. Depending on who you are and what you have done with money, this can include a workplace pension, investments, rental income, etc. We provide an overview of how people typically fund seniors care, and in many cases, family members may pitch in to cover the costs of caring for an elderly loved one.
Take a fuller look at this in our guide: How to pay for a retirement home
For more information about subsidies, tax credits and support for seniors in Ontario visit these resources and associations:
- Canada Revenue Agency
- The Ontario Retirement Communities Association (ORCA)
- Older Adult Centres' Association of Ontario (OACAO)
- The Ontario Community Support Association
- The Ontario Association of Community Care Access Centres (OACACC)
- The Ontario Home Care Association (OHCA)
- The Ontario Long-term Care Association (OLTCA)
- AdvantAge Ontario (formerly the Association of Non-Profit Homes and Services for Seniors: OANHSS)
