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Mar 12, 2024 · While Ottawa is the capital of Canada, Toronto is the capital of Ontario and the biggest city in the country. Other than Toronto and Ottawa, there are many vibrant cities with a range of shops, restaurants, arts, and culture in Ontario. The province is also known for Niagara Falls and its breathtaking scenery.
- Some of the cheapest places include Lakeshore and Thunder Bay.
- In Tillsonburg, 32% of the residents are over 65, In Owen Sound and Collingwood the percentage is 30%.
- Yes, there are plenty of great retirement options in Ontario. With so many locations to choose from, everyone can find a place that suits their lif...
- Niagara-on-the-Lake. Population: 18,981. Average cost of living: $3,186/month (single person including rent) Dubbed as the “prettiest town in Ontario,” Niagara-on-the-Lake is one of Canada’s most picturesque towns.
- Stratford. Population: 34,643. Average cost of living: $2,862/month (single person, renting) Located on the Avon River, Stratford is a small retirement community in Ontario, Canada, with all the comforts of a larger city but with more affordable real estate than nearby major cities like Toronto and London.
- London. Population: 574,238. Average cost of living: $1,358 (one person without rent) Average rent: $1,690 (1-bedroom apartment) London is a city on the Thames River and a gateway to southwestern Ontario.
- Peterborough. Population: 135,005. Average cost of living: $1,421 (one person without rent) Average rent: $1,690 (1-bedroom apartment) Peterborough is in Central Ontario on the eastern boundary of the Greater Toronto Area, between Toronto and Ottawa.
- A Little Bit About Ontario
- The Best Places to Retire in Ontario
- Choosing The Best Place to Retire in Ontario: Key Metrics
- Conclusion
Ontario is one of the ten Canadian provinces located on the east-central side of the country. It’s the most populous province, boasting Canada’s largest city, Toronto. Toronto is the capital of Ontario and the financial hub of the country. The massive city boasts diversity, as people of various cultures live throughout Ontario. Ontario is not just ...
While many people consider Toronto the star attraction in Ontario, the high living costs might deter you from choosing it as the place you want to retire. After all, once you retire, you aren’t earning an active income, and spending a good chunk of your retirement funds on living expenses would not be ideal. Fortunately, many cities and small towns...
Retirement is a significant life transition, and where you choose to spend it can significantly impact your overall well-being and enjoyment of life. This is one reason why an increasing number of Canadians have been considering retiring overseas. For those who want to remain in the country, though, Ontario is an excellent central location. From it...
The earlier you start preparing for your retirement, the better. Remember that the best possible options to suit your requirements as a retiree will depend on your preferences andyour finances. Learn about how to start investing in Canadathrough my guide if you’re thinking of putting your savings to work and building a more substantial retirement n...
Nov 10, 2021 · Ready to retire? Check out our list of some great cities to retire to in Ontario based on demographics, amenities & things to do. Here are 12 of the Best Places to Retire in Ontario! (In no specific order!) 1. Peterborough. Population: 84,230. Percentage of people over 65: 21.4%. Average Age: 43. Average Home Price: $700,000
- Toronto. Average rent cost: $2,550 for a one-bedroom apartment. Average cost of buying a house: $1,127,400. Cost of living: $1,519 (single person, without rent)
- Ottawa. Average rent cost: $1,925 for a one-bedroom apartment. Average cost of buying a house: $672,873. Cost of living: $1,540 (single person, without rent)
- Oakville. Average rent cost: $2,525 for a one-bedroom apartment. Average cost of buying a house: $1,445,112. Cost of living: $1,356 (single person, without rent)
- Burlington. Average rent cost: $2,200 for a one-bedroom apartment. Average cost of buying a house: $1,100,000. Cost of living: $1,289 (single person, without rent)
Mar 28, 2024 · If you’re looking for an excellent place to retire in Canada and spend the rest and the best of your years, the greater Toronto area has plenty of options. The Guildwood neighborhood in Scarborough has loads of bungalows for one-story living, good healthcare facilities, outdoor parks, and a friendly village feel.
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Apr 20, 2024 · Pros and Cons. List of the Pros and Cons of Living in Toronto. 1. Pro – Biggest Job Market in Canada. Toronto is the economic heart of Canada. You can find many large corporations downtown, making moving to Toronto a great idea for young business professionals. The job market is very diverse, too.
