Cost of Retirement Home Vaughan

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Retirement is one of the most significant stages in any older adult’s life. There are important decisions to be made, one of which is downsizing. With maintenance and upkeep being a challenge, many decide to sell their homes. In exchange, they move into a smaller property or join a retirement community in Vaughan.

Are you or your loved one looking for retirement homes “near me?” There are plenty of factors that go into making that decision. One important factor is the cost of retirement homes in Vaughan, Ontario.

Cost of Retirement Communities in Vaughan

Old-age home costs vary depending on the type of community you choose and the level of care you need. In Ontario, the average cost of retirement homes can be anywhere between $1,500 -$6,000. Typically, the rates include:

Accommodations
Dining services
Utilities
Other services offered

Each type of community offers a set of amenities and services that are unique to them. These, in turn, affect the cost of senior living communities.

For example, two of the most common types of communities in Vaughan include:

Independent Living Communities
These are usually apartment-style buildings suited for independent seniors. They offer plenty of amenities and services. These include dining services, recreational programs, and the like.
The available amenities and services determine the average monthly cost of retirement homes.
Assisted Living Communities
These communities are similar to independent living in terms of programs and amenities. However, they are perfect for older adults who may need additional support with their activities of daily living.
Offering this type of service affects retirement home costs in Vaughan.

Upfront & Monthly Fee as Part of Retirement Home Prices

Upfront Fee
This is a fee that secures your spot in the retirement community. It covers most of the basic amenities and services you can enjoy during the entire time you live there. Amenities included in the cost of senior living include transportation service, pool access, and the like.
Monthly Fee
The use of amenities is covered by the upfront fee. However, the average cost of senior living facilities in Vaughan still includes a monthly fee. This covers accommodations and additional care and services that you may need.

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Livita Locations

450 Yonge St.

Barrington Barrie, Ontario

85 Bridge Street

Bridge Street Belleville, Ontario

259 Hillcroft St.

Centennial Oshawa, Ontario

1645 Pickering Pkwy.

Parkway Pickering, Ontario

1056 Queens Avenue

Queens Avenue Oakville, Ontario

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Entry Patio of Pickering Retirement Home

Do Retirement Communities Cost a Lot?

To answer this question, it is important to know your current housing expenses. This can determine whether it is worth moving into a retirement community in Vaughan.

Often, you will find that a Vaughan retirement home cost just about the same, if not lower than your current housing expenses. Also, there are a lot of benefits that you can get from Vaughan retirement communities that you can’t get in your home.

One of these benefits is being part of a community of like-minded people who share your passions and interests. This is what you can expect, and more, from Livita Retirement Residences.

Learn more about our community, and the programs and services we offer today! Contact us to speak with our friendly team.

Get To Know Us

Emily de Winter – General Manager

Livita Barrington, Barrie, Ontario

12+ years in the senior living industry. I am blessed to work where I get to meet interesting people every day. I can’t imagine doing anything else! I am a travel-aholic! I have backpacked, lived, studied and
volunteered abroad. I want my children to see the world and culture that surrounds us!

The staff are friendly, and my room feels like home.

Mary Ann C.
I love my room, it is perfect! It faces the courtyard with all the flowers,
birds and sun.

Ann G.
I feel like this is my home. The people are friendly, and the staff are very
lovely and helpful.

Annetta M.
I would highly recommend Livita Retirement Residences As soon as you
enter Livita Retirement Residences, you will find yourself in a very
welcoming lobby. The recent renovations on the main floor, which include
a sitting area with a fireplace, as well as a bistro, are very inviting. The
apartments are spacious and well laid out. The best part of Livita
Retirement Residences is the staff! All of the staff, including housekeeping, kitchen, administration, and especially the PSW and nursing care staff have become like family. The attention to personal safety and well-being is highly apparent. During this uncertain time, I had full confidence in the goings on of Livita Retirement Residences.

Peter N.
Bridge Street Retirement has everything one could want – location, a five minute walk to the market place, banks and the centre of downtown. You will find professional staff, second to none. I like living here and so would you.

Madalyne R.