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Short answer
The issues
Searchers comparing communities, unclear care/housing types
Types of 55+ Options
Adult lifestyle condos, retirement residences, independent living, supportive housing, LTC differences.
Real Estate Questions
Sell current home, buy condo, rent, hold proceeds, preserve equity, timing.
What to Verify
Ownership vs rental, monthly costs, services, rules, care levels, licensing where applicable.
Toronto Family Proximity
Neighbourhood, transit, hospitals, children, cultural/religious community, familiar services.
FAQ
Are there 55+ communities in Toronto?
Yes, but the term can mean several different housing models. Families should confirm whether it is ownership, rental, retirement residence, or care-based housing.
Is a 55+ condo the same as a retirement home?
No. Condos are real estate ownership; retirement homes provide accommodation and services under a different model.
Should we sell the house before choosing a 55+ option?
Do not assume. First clarify costs, timing, ownership, and care needs.
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