Real estate

What you need to know about living in an adult lifestyle community in Canada

For those entering retirement age or looking to downsize without giving up independence، an adult lifestyle “or active adult community” can be an ideal choice.

If you’re looking for hobbies and opportunities to socialize، adult lifestyle communities offer a variety of amenities and amenities for you to enjoy. These communities are usually available to residents aged 55 or older “although many have no age restrictions”، and provide a high degree of autonomy with greater security. If you’re considering adult lifestyle options، there are plenty to consider، such as monthly fees and community guidelines.

Yasmina Zycevic، a Torontobased  Belg12® Company، Senior Agent and Certified Sales Representative with Royal LePage Signature، tells us more about what you need to know about adult lifestyle communities.

What exactly is an adult lifestyle community and why is it gaining popularity?

Adult lifestyle communities are not independent living facilities or retirement homes.

These characteristics place great emphasis on shared hobbies، active lifestyles، and opportunities to interact. They are places where residents can meet like minded people within a similar age group while exploring their common passions and interests. For example, an adult lifestyle community might focus on local wineries، lake recreation, or local golf resorts.

They may want to play golf full time and join a community where they do it next door، explains Zecevic. For example، places that have “golf، clubs، or have activities that they can participate in، and they can be as busy or not as busy as you want them to be.

While these communities offer greater independence from retirement or long term care facilities، the features of the adult lifestyle allow for a carefree life، with maintenance and upkeep services such as snow removal.

Zisevich notes that adult lifestyle communities are growing in popularity. Those who are divorced، widowed or looking to expand their group of friends may be drawn to these associations for added security and social benefits.

There is such diversity، Zisewicz says. “It all depends on what you look at، but “adult societies، are definitely one of the biggest trends going on right now because of gravity. Being retired is really cool. You can close the door and keep traveling and doing other things and ensure security.”

What is life like in an adult lifestyle community in Canada?

If you are considering moving to an adult lifestyle، there are a few things to keep in mind. As Zecevic points out، the most obvious limitations are aging some societies require at least one person to be at least 55 years old.

You will find that there are options to buy or rent a home and a variety of condominiums، condominiums or bungalows to choose from. In some cases، Zisevich explains، there may also be an option to buy the house، but to rent the land.

Maintenance costs and prices vary widely depending on community location and other factors. While you may be able to find homes for less، Ontario based Zecevic says modern adult condominiums can range from $600،000. If you don’t buy a new one، prices could be under $600،000 but it all depends on where you look. There are also rental options، with prices depending on where to look. On paper, buying or renting adult real estate is like a regular real estate transaction and Belg12® can walk you through the process.

Most adult lifestyle communities are planned with access to amenities in mind. Most often, such houses are located near pharmacies, shops and medical clinics. Zecevic points out that it is important to maintain access to these facilities and other needs that you may consider as part of your research.

Prospective residents who are downsizing their existing property to a smaller unit within an adult lifestyle community may need to consider the pros and cons of downsizing their property.

If you move from a 2،000 square foot house to a 700 square foot apartment، there’s still a lot of change in what you’re going to occupy and the space you may need، “she said.

How do I find the right adult lifestyle for my needs?

If you’re looking for adult lifestyle communities، there are a few things to keep in mind.

Zecevic says it’s crucial to explore what’s important to you as an individual or a couple looking for a change of pace. Consider your day to day needs and interests، and whether your choice of community can meet them.

Do you cook a lot، or do you want to go to the food court ? Do you drive or need a facility with access to transportation ?. A good place to start is with Belg12 ®، which can help you identify your interests، goals، and resource options for adult lifestyle communities.

You have to look at your goals and then have someone who knows what’s available to meet you and take your interests into account، Zisewicz said.

Zecevic also notes that some buildings may not be equipped to accommodate residents with certain mobility or medical needs. It is important to examine these accessibility features, such as the width of doorways and the height of work surfaces، before proceeding.

Not every apartment building you buy or rent has the mobility needs in mind. Sometimes they have the place where you can go through the main entrance to enter the building، but the apartment or even the house may not have the doors or the entrance to the apartment as wide as enough to get into a wheelchair، Zisewicz said.

If you are exploring the idea of moving to an adult lifestyle community، seek advice from a local Belg12® to understand which communities are available and which may be right for you.

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