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ADULT NEIGHBOURHOODS in Ontario

"Ready to Downsize? Discover 55+ Communities"

with Its MillerTime

Searching for the perfect retirement neighbourhood  can be a daunting task, but with Its MillerTime, the process is made easy, we are senior certified and our team of experienced real estate agents will work with you to understand your needs and preferences, and help you find the home of your dreams. We have developed this exclusive Senior site to help you with both resources and to narrow the search to Adult Only or Adult friendly Neighbourhoods with info on each area, what ameneties are available, site maps and directions and links directly to homes for sale within each Adult retirement neighbourhood. With a wide range of neighbourhoods, each with their own unique packages to choose from, we are confident that we can help you find the perfect home and              co-rdinate  your sale and move.   HAPPY HUNTING!

Something catch your eye?

If you are interested in more information, find a home you'd like to view Or want to chat about your Options and co-ordinating a move from your current home to a retirement Neighbourhood. We are senior certified and ready to help.  Just click the button to connect with us and we will be happy to help.

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Ontario Regions

Understanding Retirement Housing Options

Lifestyle Communities

 


Smaller, often 2 bedroom Single-family bungalow residences,  townhouses, multi plex or Condos that appeal to adults of any age that want common amenities  such as full clubhouse facilities and are located in gated type areas such as golf  course, waterfront or marina communities.  With lifestyle convenience in mind. In these communities you usually own your home and  land and have a condo or association fee for clubhouse and common elements.

Retirement Communities

 


Restricted to Adults 55+ A combination of smaller single-family residences or townhouses for independent living. All designed with accessibility and convenience of location in mind. In these communities you usually own your home and  land or you own the home, but lease the land. These types of communities have a fee for the common elements and services such as lawn maintenance and snow removal.

Retirement Lifestyle Living

 Townhome,  multi plex or Apartment style buildings for independent living with smaller suites along with common areas for activities and services. Usually Life Lease  or condo). 

Retirement Homes

 Lodge-style living with a combination of small suites or single rooms with common areas for meals, activities and a range of care services. These homes can provide independent living and assisted living. THis type of living is nearly always a lease your suite with services included with a menu of add on services

LTC (Long Term Care)

 Full nursing care and services controlled by the Ministry of Health.

TYPES OF RETIREMENT HOMES WITHIN LIFESTYLE COMMUNITIES

 DETACHED HOMES 

 These homes are totally detached and do not share any walls with another unit or property , ususally bungalows  with attached garage and they may have a crawl space or a full basement 

Types of detached homes can include homes that are freehold ( you own the home) and they could be on  owned land with common elements such as maintained common areas that can include clubhouses, fitness and sport facilities  withan associated fee structure.  Or they can be on  leased land which has a rental /condo fee and includes all property maintenance. These may have similar clubhouse/fitness facilities. 


ATTACHED HOMES  ( BUNGALOW & 2 STORY TOWNHOMES )

These homes are attached in rows or in short blocks of 4 or 6, you own your home , Again, as above these  can include homes that are freehold ( you own the home) and they could be on  owned land with common elements such as maintained common areas that can include clubhouses, fitness and sport facilities  withan associated fee structure.  Or they can be on  leased land which has a rental and includes all property maintenance. Or they can be total Condo units  These are run the same as any Condo, but restricted to seniors, with all maintenance and common areas under the condo management and paid for through Condo fees.  These may have similar clubhouse/fitness facilities/sports facilities as above. 


 LIFE LEASE HOMES

 

The Market Value Life Lease model, which is similar to the typical condominium model, allows residents  to have the right to sell their home at any time, at current market value. Under the Market Value Life Lease model, residents purchase the space (same as condos) in their new home and have complete use of their home for as long as they wish and have access to all shared common amenities and facilities.

As real estate market values increase over time, so do Market Value Life Lease models.  This allows residents to protect their investments and gain equity, which is the same as owning a typical freehold home.  There are hundreds of Life Lease developments in Ontario and in North America, along with many Lawyers who specialize in Life Lease.

You do not own the house or the land These properties are often own by church organizations  and you apply, wait on a list and when a unit becomes available you buy a life lease at the current cost, maintenance is done through the organization . You still have the rights if you wish to move to sell your life lease interest at current values ( usually the organization has  control of applications' for next available units. 


ATTACHED LIFE LEASE BUNGALOW OR 2 STORY HOMES

The homes are attached in rows or blocks of 4 and in all other ways  work as a Life Lease , the same as Detached 


CONDO TOWNHOMES – These are run the same as any Condo, but only for seniors, with all maintenance and common areas under the condo management and paid for through Condo fees. 


HI RISE APARTMENT LIVING 

These can be in the form of a Condo, where you own your unit, common elements are maintained by the Condo Corportation, but there are usually extra senior related services offered , sometimes at add on costs



WHY A LAND LEASE

WHAT IS A LIFE LEASE

WHAT IS A LIFE LEASE

 Residents in  land lease communities own their home but lease the land on which the home is built,  one of the benefits being a reduced cost of ownership and professional management teams. Theses communities have a strong focus on a friendly community atmosphere. 

Learn more

WHAT IS A LIFE LEASE

WHAT IS A LIFE LEASE

WHAT IS A LIFE LEASE

 In life lease housing, the buyer purchases an interest in that property—which gives the buyer the right to occupy a unit for a long period of time, often for their lifetime. Like condo owners, the buyer pays a lump-sum purchase price, and then continues to pay: property taxes. monthly fees for maintenance. 

Learn more

TRANSITION HOUSING

WHAT IS A LIFE LEASE

TRANSITION HOUSING

There ar some communities that have options to transition from one option to another all withing the same communityfrom freehold homess to independant Living units to assisted liviing units to full nursing care, all within the same development. This makes it easy for seniors to opt into a community that changes with their needs as they age and keeps them with the same friends and residents. 

We're ready to help Across Ontario

Our Expertise

Our Icon Partners throughout Ontario would love to help you to co-ordinate your move to one of our Adult friendly Neighbourhoods, with the sale of your current home, assisting with all the messy details like junk removal, packing, moving and storage, property clean up, staging and repairs. Ensuring that your move is stress free. 

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Suzanne 905-252-6610/ Tiffany 905-251-4689

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