Retirement Housing Options
Several wonderful retirement residences can be found in Simcoe County. Most offer affordable rental accommodations in a variety of suite sizes and prices. Fabulous dining and activities galore create a retirement lifestyle that you or your loved ones deserve. Medical services vary between facilities.
Our staff is very familiar with the majority of retirement residences in the area. We can provide you with information about each facility and can even arrange for a personal tour of the ones you find appealing.
Life-lease communities offer home ownership in a safe, comfortable senior-only surrounding. Life-lease projects look like condominium projects, with similar suite sizes, features and monthly fees, however, there is only one owner registered on title to the property. In most cases, this owner is a not-for-profit or charitable organization, which continues to own and manage the project to ensure that the life-lease owners’ interests are maintained. Life-lease housing can be closely compared to condominium ownership in terms of investment return, security of tenure, and resident participation in the management of the project. However, life-lease projects have the added benefit of greater control over membership and lower costs. The organizational structure of life-lease projects allows residents to have input into the management and operation of the building. Life-lease housing gives you the convenience and freedom of private independent living today with the option of homemaking and care services in the future.
Modular Home Communities
Modular home communities offer a balance between home ownership and land lease. Freeing up your assets with the sale of your home and purchasing a less expensive modular home in a well managed complex is a wonderful option for those looking for independence without the hassle of extensive property maintenance. Most complexes offer assistance with lawn care and snow removal. Some of them have extensive social programs and recreational facilities.
Another option for the independent senior might be to rent an apartment. There are plenty of senior focused apartment complexes in the county.