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- Summary: Toronto, Canada is an attractive destination for retirees due to its vibrant culture, diverse population, and abundance of activities. The city offers a variety of attractions, from its world-renowned theater and music scene to its many parks and green spaces.
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Is Toronto a good place for retirement?
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Is Toronto a good place to live?
Mar 12, 2024 · Kingston is one of the bigger cities on the list of best retirement places in Ontario with a population of 135,220. It is also one of the cheapest, with the average house costing $664,884 in October 2023. 23% of the population is over 65 years of age and the median age is 40.1.
- 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...
- Pro – Biggest Job Market in Canada
- Con – Tough Job Competition
- Pro – Toronto Is Very Diverse
- Con – Hard For Immigrants to Find Jobs
- Pro – High Standard of Living
- Con – High Cost of Living
- Con – Expensive Phone Plans
- Pro – Free Healthcare
- Pro – Great Education System
- Con – Traffic Is A Nightmare
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. You can work in creative fields, engineering, human services, or finance. However, I’ve always noticed that positions in law, marketing, finance, and adm...
Toronto’s diverse job market draws so many people from across the country and around the world, which makes it very difficult to actually land a job here. After I graduated with a BA in English and Creative Writing, I applied to 198 jobs in downtown Toronto but got rejected from them all (even the pyramid scheme!). I’ve heard so many stories of peo...
One of my favorite features of Toronto is its multicultural neighborhoods! The population has risen rapidly over the last decade, especially due to immigration. Although Toronto is a predominantly English-speaking city, you’ll find over 140 languages spoken here. Everywhere you go, there’s a new pocket of culture to explore, from Greektown at the D...
A huge con of living in Toronto is that it can be tough for immigrants to find jobs. The main issue I’ve seen is a lack of Canadian work experience. Canadian businesses prioritize local experience, especially for individuals who aren’t visibly Caucasian. There are issues with racism, language barriers, and a lack of public assistance for immigrants...
Is Toronto a good place to live? Yes, Toronto’s one of the world’s most liveable cities. I’ve lived in a few cities around the country and can say that there is a uniquely high quality of life in Toronto. It’s a benefit of living in Toronto that I miss when I’m abroad. Citizens enjoy free healthcare, and the hospitals here provide top-quality care....
It’s expensive to live in Toronto. Let’s talk taxes first. I haven’t spent a lot of time living in Toronto as an adult, so it hasn’t directly affected me much, but for my parents, it was a huge burden. Compared with the US, our tax ratesare much higher. Toronto also combines federal and provincial taxes. In the highest bracket, you can be paying al...
I started an informal study of cell phone plan rates in my pros and cons of living in X guides around the world and have found Canada’s to be one of the highest. When I was in the UK, my plan cost me less than $10 CAD ($8 USD) and included 4GB of data. The cheapest phone plans almost always cost over $65 CAD ($50 USD) and don’t even have unlimited ...
On the bright side, Canada’s healthcare system is free. There are no bills to pay when you go to the hospital or clinic, and you can see a family doctor or even a specialist without paying anything. This helps make Toronto’s cost of living a little more bearable. While I don’t love how high the taxes are, at least I know they’re going towards essen...
If you’re moving to Toronto with your family, your kids will have access to good education options. You can find public city schools, private schools, and public Catholic schools throughout the city. Public schools are free, and private schools start at around $30,000 CAD ($22,100 USD) a year. It’s one of the benefits of living in Toronto that my p...
Toronto has the worst traffic in North America. Toronto’s quickly growing population means the roads here get really congested, especially downtown Toronto. The ever-present construction and road diversions don’t help either. If you live in the suburbs but work in downtown Toronto, you can get a car but expect to spend at least $25 CAD ($19 USD) pe...
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.
- London. Population: 511,000. Percentage of residents over 65: 19% Median age: 39.1. Average home price: $607,431. London, Ontario, is one of the best places to retire in Ontario and has the largest population compared to other places on the list.
- Stratford. Population: 32,906. Percentage of residents over 65: 24% Median age: 45.4. Average home price: $767,498. Stratford is a quiet little town and is considered one of the best places to retire in Ontario, especially if you love theatre.
- Peterborough. Population: 85,163. Percentage of residents over 65: 25% Median age: 42.3. Average home price: $723,008. Located 125 kilometres northeast of Toronto in central Ontario, Peterborough is a bustling city that attracts many seniors who want to retire in Ontario.
- Guelph. Population: 141,125. Percentage of residents over 65: 17% Median age: 37.8. Average home price: $859,694. Also called “The Royal City”, Guelph is a city that is growing at a rapid pace in Canada.
- 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.
One of the many things that make Bayview Woods-Steeles such a great place to retire is its close proximity to downtown Toronto and other parts of the city. If you’re looking for an opportunity where you can get out and about, Bayview Woods-Steeles is only 20 minutes away from the heart of Toronto.
Dec 4, 2020 · As retirement comes and you want to move closer to your family, or want to downsize, or get involved with the community more, these neighborhoods in Toronto are a great place to start looking for seniors. Here are the top 10 neighborhoods in Toronto for seniors: 1. Humber Valley Village. Types of homes: bungalows, detached, townhomes & condos.
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related to: what makes toronto a great city to retireThe 10 best overseas retirement and lifestyle havens for 2024. The 10 best places to retire overseas in 2024.
signup.internationalliving.com has been visited by 10K+ users in the past month
The top 10 cheapest cities, beach towns & countries to retire in 2024. Sun, sand, and savings: Live out your retirement in the best places around the world!
