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The Top Rated Toronto Retirement Communities and Adult Living Choices for Retirees in Canada

Toronto Hearthstone by the Bay Retirement Community Development Provides Boost for Economic Woes for Retirees

No one is immune to the turmoil of financial markets, yet baby boomers and retirees may be the hardest hit and have the least opportunity to recover. While many people wonder how the retiree Canadian segment of the population will recuperate, the new Toronto Hearthstone by the Bay, an innovative Toronto retirement condo development, is creating a new approach to retirement living in Canada that will positively impact property investment portfolios. The Hearthstone by the Bay Toronto retirement community philosophy demonstrates that there is power in numbers. A monthly luxury rental retirement Toronto apartment based on double occupancy can cost upwards of six thousand dollars in today’s market. Factor in additional food, entertainment, house keeping and utilities and you are spending over $80,000 per year of taxable income on living in a top rated Toronto retirement community for adult living. Alternatively, by taking a capital real estate investment (such as the sale of a family house for $600,000) and applying it to the purchase price of approximately $365,000 for a 935 sq ft residence, living costs are as well as condo and club fees become reduced to $25000 a month for a new Toronto retirement condo community. Even if you purchased the condo with zero down, your monthly living costs and mortgage at the Hearthstone by the Bay retirement Toronto community condo would be approximately $5000 per month. Do the math, the result after 15 years is astronomical when it comes to comparing these numbers. The value of your original retirement living community condo in Toronto real estate market for adult living has now reached over $800,000. The option of renting would result in zero remaining capital after nine years! “The global economic downturn makes it critical to understand the financial impact of buying versus renting a retirement residence and how each option affects total cash flow, estate benefits and asset availability,” says Derek Thompson of Raymond James.

The Best Retirement Communities in Canada include the New Toronto Hearthstone by the Bay Adult Living Community

The Best Retirement Communities in Canada include the New Toronto Hearthstone by the Bay Adult Living Community

Why Owning an Adult Living Condo at Hearthstone by the Bay Toronto Retirement Real Estate Market Makes Sense

Derek Thompson also simplifies further the complex age old debate about owning a retirement home versus renting. “The answer can be found if you understand the Tax Act. If you have capital to invest and then use the capital to rent, the real estate investment income you generate is taxable. As you draw against it, assets are depleted due to the tax and income needed. Alternatively, an owned principle residence cannot be taxed as income and the asset continues to appreciate in value. I’ve matched renting versus owning costs for retirees in the analysis and the advantage sits with ownership due to the structure and costs of the Hearthstone by the Bay Toronto retirement home option.” Hearthstone by the Bay is a new Toronto retirement community of adult living condominiums for sale and will ultimately enhance the lives of retirees. Dog walking, airport pick-up and gourmet room service are only a handful of the luxuries planned for the resort style retirement condo. “The retirement industry is transforming and we are pleased to provide a very unique package that includes condo ownership, a resort lifestyle and health and wellness service as people need them,” says Renee Bourgon, Director of Marketing and Communications at Davies Smith Developments, who are in charge of the construction of the new Toronto retirement community at Hearthstone by the Bay adult living. Located on one of the best remaining sites on the Toronto real estate waterfront district – Hearthstone by the Bay retirement homes offers residents a modern retirement resort lifestyle with one of the most robust amenities packages on the property market for retirees. Residents at the Toronto Hearthstone by the Bay retirement residences will have opportunity to connect in a vibrant community featuring a gourmet restaurant and dining terrace, pub, library, greenhouse and cinema. People can pamper themselves with spa services, indulge at the private dining room, take an exercise class, workout in the resistance pool, or participate in community activities; such as organized trips, theatre and shopping – while taking advantage of supportive services located at the Hearthstone by the By Toronto retirement homes community health and wellness centre staffed by certified health care professionals.

Functional Floorplans, Outstanding Finishes and High Quality Craftsmanship of the Interiors at the Top Rated Hearthstone Retirement Condos in Toronto Canada

Functional Floorplans, Outstanding Finishes and High Quality Craftsmanship of the Interiors at the Top Rated Hearthstone Retirement Condos in Toronto Canada

More about the Hearthstone Toronto Retirement Homes for Sale

Designed by award winning Quadrangle architects and raw design (ongoing), condominium units at the Hearthstone by the Bay Toronto retirement adult living community range from the mid $200’s to the $500’s and feature wide entrances, faucets for arthritic hands and outlets that don’t require bending over. Munge Leung design associates have created sophisticated accents and designer options in the lobby and common areas of the new Toronto retirement living Hearthstone by the Bay community. “Today’s lively communities are definitely not your parents’ retirement home,” says Leanne, hearthstone Managing Director. Many of today’s retirees are more active than ever before and are looking for a community retirement adult living to fit their lifestyle. They want choices.” At the retirement living Toronto Hearthstone condominiums for sale, residents not only have a full menu of service options to choose from but as owners they also have a direct hand in developing them.” Any major life decision is important, and gerontology expert Jane Jones says, “starting the conversation early with parents and family members enables choice for those involved. For instance, connecting with a community while still active can enhance lifestyle and retiree longevity. And while it may not be possible to give the fountain of youth, sitting down and discussing options with family could be the best gift you give them. For more information about Toronto retirement living communities such as the Hearthstone by the Bay adult living, please visit www.HearthstonebytheBay.com or call 416.259.4466.

Retirement Living in Toronto is at its best at the Hearthstone by the Bay Adult Oriented Neighbourhood

Retirement Living in Toronto is at its best at the Hearthstone by the Bay Adult Oriented Neighbourhood

A RetireWest Community at Sage Creek Westbank Okanagan Retirement Adult Living Property

A Retire West Westbank Retirement Community at Sage Creek III is Now Selling

A Retire West Westbank Retirement Community at Sage Creek III is Now Selling

There is still time to select and customize your new home in this prime Westbank real estate location. The Retire West community of Westbank Sage Creek homes provides it all: sun drenched Okanagan sunshine, spectacular presale Okanagan retirement homes and all the leisure and recreational options you have dreamed about. Phase III at Sage Creek retirement community by Retire West Developers introduces only twenty one lease hold homes now selling in this adult oriented gated community at Westbank. Come choose your Westbank lot and select a presale home floorplan at Sage Creek Westbank retirement community for adult living and they are only $293,000 plus there is not GST. In addition, all Westbank Sage Creek retirement community residents will be able to enjoy a 6,000 square foot clubhouse equipped with a guest suite, exercise facility and a pool room and a big screen TV. To be built with Phase 4 in 2009, the Sage Creek clubhouse at WEstbank retirement community by Retire West will be equipped with a barbecue area full kitchen facilities, a dance floor, and a recreation room, creating a natural focal point for regular retirement community gatherings. “It is a community within a community,” said Chris. Look for more information about the Sage Creek Westbank retirement community in Okanagan BC today at www.sagecreekliving.com or you can visit the Retire West Sage Creek Presentation Centre at 2180 Mimosa Drive in westbank, BC. Sage Creek Phase III is now selling in the Westbank retirement real estate market featuring single homes, two and three bedroom residences. These Okanagan retirement homes at Sage Creek Phase III features spacious adult living between the sizes of 1140 to 1500 square feet. An affordable retirement condo alternative for Okanagan residents looking for luxury retirement communities, the Sage Creek master planned development features great condo living from just $293,000.

Affordable Okanagan Retirement Community

Affordable adult living Okanagan Sage Creek Westbank retirement community is quite a surprise according to Desmond M of the Homes and Resorts Magazine as you can purchase a new presale retirement home in the Okanagan real estate market with your own yard under $300,000 plus the convenience of living amid a burgeoning shopping region combined with hillside views over Okanagan Lake! As the most affordable new gated adult community in Westbank real estate, Sage Creek retirement community by Retire West just launched another twenty pre-sale lots in Phase III of development of this centrally located active adult Okanagan community. Only a five minute drive from local beaches and wineries, Sage Creek residents are within steps of many other Westbank amenities. “We’re across the street from a golf course and all the new retail commercial development in Westbank is surrounding us,” said Chris, general manager of the adult living Sage Creek Okanagan real estate development. “The new Walmart is going in basically right across the highway, plus we’re close to the new London Drugs.” Created specifically for empty nesters aged 45 and older in addition to being an Okanagan retirement community, the single level two bedroom Sage Creek Westbank homes, some with a den, are priced from $293,000 (including GST). Landscaped with an irrigated front yard, presale homes at Sage Creek adult living retirement community in the Okanagan real estate market also have rear yards that the home owners can plant a lawn or a garden of flowers or vegetables. “These are beautiful homes built ina controlled factory environment – which is a definite added bonus,” said Chris, who also operates the Freeport Industries home manufacturing plant in Westbank, BC. “Because the active adult living Sage Creek Westbank retirement homes are built in a controlled environment, there is less waste, more control on trade’s timelines, less overhead, and quicker possession dates.

Imagine: This could be you on a sunny afternoon in Westbank Okanagan's Sage Creek Adult Living Community

Imagine: This could be you on a sunny afternoon in Westbank Okanagan

More about this Affordable Okanagan Retirement Community of Sage Creek for Active Adult Living in Westbank Resort BC

Not just cookie cutter designs, the presale Sage Creek retirement homes can be custom finished with finer materials and quality features like nine foot ceilings, wood cabinetry, and flooring, plus exteriors finished with durable HardiPlank siding, accented with cedar shingles in the gable. Recently added to the eight customizable floor plans from 1,143 to 1,500 square feet, is a new Westbank Sage Creek active adult living home design with varied rooflines and exterior finishes created for a corner lot Okanagan retirement home. Okanagan residents will appreciate unique additions like skylights, and gas lines for an outdoor barbeque or indoor fireplace. And your choices for your new Okanagan retirement home at Westbank Sage Creek adult living community don’t end thee. “The interiors are fully customizable,” said Chris. “We are willing to make changes in order for people to et what they want.” The gated adult living retirement Okanagan community that will eventually include 270 presale Westbank homes is formulated through the experience of RetireWest Communities – a BC company with 15 successful retirement Okanagn home projects completed over the past 35 years. “We constantly improving what we are doing,” said Todd, son of RetireWest founder Aldo Vernier. “As a family firm, RetireWest Communities knows what retirees want – and it starts with the ease of one floor living. Westbank Sage Creek retirement adult living community is fully fenced and secured so you can lock the door and go away for months at a time. And for many Okanagan retirees, everything is right at their doorstep.” For more information about this gated Okanagan retirement community at the Sage Creek adult living Westbank real estate development by RetireWest Communities, please call 1.888.707.3801.

Close to amenities, services, friends and family, this could be your exciting lifestyle.

Close to amenities, services, friends and family, this could be your exciting lifestyle.

According to the Sage Creek III Retirement Home Web Site

“It’s all so close… Sparkling Okanagan Lake is five minutes away. Think beaches, boating, and very fine fishing. Hike local trails. Play a round on the golf course right across from Sage Creek Westbank BC (some homes at the Sage Creek retirement Okanagan community by Retire West overlook the greens!). Drink in the gorgeous views. Sip your way through this dynamic wine region. Highly rated Mission Hill and Quail’s Gate are nearby the Sage Creek adult living community in Westbank Okanagan real estate market. Skiing? Big White is an hour away. It’s the ultimate BC lifestyle plus convenience. Kelowna is a ten minute drive away. Groceries, health care and hardware even close. Right now at the Retire West pre-construction Okanagan retirement community of Sage Creek adult living condos, you can choose your lot, then select from eight floor plans that match your new way of life, and three colour palettes of stylish, easy care finishes. Front yards are beautifully landscaped. Out back, grow flowers or tomatoes, plant trees or just set out the lawn chairs. It’s ideal. The privacy you’re used to, and the neighbourliness you get with folk of your own generation and interests around you at Retire West Sage Creek III in Westbank Okanagan. At Retire West, we manage, as well as create Lower Mainland and Okanagan retirement communities. Sage Creek by Retire West’s on site manager handles daily stuff. No strata council. Dreamed of roaming the country in your camper? Just lock up and take off. The pre-sale Sage Creek retirement Okanagan home leasehold arrangement also frees up more of your equity (no GST either). More savings to go traveling or indulge… in the time of your life. The new Sage Creek Clubhouse is the heart of your new Okanagan retirement community. This 5000 square foot clubhouse at the Sage Creek III adult living community features full kitchen facilities, great room for parties, exercise room with her and hers equipment in addition to a rec room with a pool table and big screen TV. In addition, the Clubhouse at Sage Creek Okanagan retirement community has a comfortable guest suite and barbeque. It’s a great meeting place.

West Coast craftsman architecture and modern design is what retirees expect at this Okanagan 55+ adult living neighbourhood.

West Coast craftsman architecture and modern design is what retirees expect at this Okanagan 55+ adult living neighbourhood.

Residences at Belvedere Retirement Home

Coquitlam Seniors Retirement Community at the Residences at Belvedere

The Belevedere Residences is a Retirement community based in Coquitlam British Columbia. It is beautifully situated on a spectacular rise overlooking the Fraser River conveniently located between Austin Heights and Lougheed Mall directly adjacent to the Belevedere Care Centre.

Photo of the Residences at Belvedere Retirement Home in Coquitlam

Photo of the Residences at Belvedere Retirement Home in Coquitlam

Living at The Residences at Belvedere in Coquitlam is an exceptional housing experience contributing to “a positive outlook and a great point of view”. The word Belvedere is derived from the Latin for “beautiful view”  which is certainly what residents enjoy at this retirement home in British Columbia.

The Services and Amenities at the Belvedere Retirement Home

The Belvedere Retirement home is all about exceeding expectations - a truly expectional housing experience. Including in the monthly fee at the Belvedere in Coquitlam are: 

  • Lunch and dinner in dining room at the Belvedere
  • Weekly housekeeping provided by friendly professional staff
  • Weekly towel and linen laundry
  • Heat and hydro included
  • Complimentary hot and cold beverages and snacks
  • 24 hour security by trained professionals
  • Scooter storage and charging area in the building
  • Recreation and social activities throughout
  • Enterphone video/monitoring system for your convenience and safety 
  • Scheduled shuttle bus to local malls

Other additional cost services provided at the Belvedere include:

  1. Medication administration by professional care staff
  2. Individualized assistance and personal care
  3. Continental breakfast and guest meals at cost
  4. Hairdressing/Barber - who visit on a regular basis
  5. Cable/telephone/internet service
  6. Personal laundry facilities and assistance
  7. Personal response “Lifeline” service
  8. Special events and outings at cost
  9. Social hour beverages & food
  10. Dry-cleaning pick up and drop off
  11. Guest Suite for visiting friends or family
Safety is a priority at the Belvedere Retirement Home - there is video monitored entrances throughout the facility and enterphone to ensure authorized access only. Further security features include; secured underground heated parking, emergency preparedness plan and en-suite emergency call system in all suites. To further enhance your health and safety, a personal wireless “Lifeline” service is available for purchase and provided by third party staff. 

Food and Beverage Options at the Belvedere

There are numerous food and beverage areas are located throughout the Belvedere Retirement Home, such as the comfortable and very popular Schooner Lounge for social hour.  The Bistro Kitchen for morning coffee or afternoon tea with friends or family. The main dining room provides healthy meal selections, taking into consideration diet requirements, cultural diversity, festive occasions and traditional Sunday dinners. Our elegant private dining room may be reserved for celebratory family gatherings - a delightful array of food and dining options at the Belvedere. 

The Multi-purpose Activity Room is a venue for live entertainment, movies, plays and special events. Enjoy your personal interests and hobbies in our Fitness Centre or Craft Room.

 

Floorplans at the Belvedere and Suite Features

 

A two bedroom floorpan at the Belvedere

A two bedroom floorpan at the Belvedere

The suites at the Belvedere include:

  • Spacious foyer in the Belvedere Lobby
  • Electric fireplaces throughout
  • Handicapped accessible bathrooms in most suites
  • Large walk-in shower with safety grab bars in all suites
  • Large windows to enjoy your view
  • Emergency en-suite call system
  • Small refrigerator for your personal use
  • Laminate front room and kitchen flooring and carpeted bedroom to give you a sense of luxury

Recreation Options for residents at the Belvedere Retirement Home in Coquitlam

Recreation is especially important in retirment, and the Belvedere makes this a reality with comfortable lounges, games room, music room and bountiful places to relax. The The Multi-Purpose Activity Room, Fitness Center and Craft Room provide opportunities for you to participate in social, cultural and recreational activities with your family and friends; or, you can take pleasure in individual interest and enjoy hobbies. Residents at the Belvedere can also enjoy:
 
  • Cards, Games, Bingo, Shuffle Board and Billiards
  • Crafts, entertainment, movies and exercises
  • Special events and seasonal celebrations
  • Teas and Social Hour
  • Organized excursions to interesting places in the British Columbia
Living at The Residences at Belvedere is an exceptional housing experience contributing to “a positive outlook and a great point of view”.

Ask about the Spring Move in Special for the coquitlam Residences at Belvedere Seniors housing community.  Residence at Belvedere is located near IKEA in Coquitlam seniors housing. Rental suite reservations are now being accepted. Tours are giving Monday to Friday between 10 and 4 at 750 Delestre Avenue, Coquitlam BC.  For more information or to book an appointment, please call 604.939.1930 or visit the Belvedere Residences in Coquitlam seniors housing for rent at www.residencesatbelvedere.com. More features about the retirement Coquitlam community at the Residences at Belvedere: come and see the furnished model suite, luxurious one and one plus den and two bedroom apartment suites are available.


 

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