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The Best Places To Retire In Ontario. 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.
- 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.
Oct 21, 2024 · Below, you will find a list of the best places to retire in Ontario in alphabetical order. Carp. If you are looking for a quiet and small place to retire, then Carp is an ideal option with a population of just 1,965. The median age in Carp is 45.6 and the median house price was $785,000 in September 2024.
- 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...
- Chatham-Kent. Best for aquatic recreation activities. Population: 104,316. Proportion of seniors: 26.40% Median 1-bed apt rent: $1,652. Median property buying cost: $398,433.
- Collingwood. Best for tranquility. Population: 24,811. Proportion of seniors: 34.40% Median 1-bed apt rent: $1,825. Median property buying cost: $575,400. Collingwood is an ideal retirement destination with easy access to outdoor activities.
- Peterborough. Vibrant and dynamic. Population: 128,624. Proportion of seniors: 27.90% Median 1-bed apt rent: $1,193. Median property buying cost: $644,900. Peterborough is located between Ottawa and Toronto and has gained recognition for hosting some of the greatest retirement communities, with 27.90% of the population being seniors.
- Brighton. Best for outdoor activities. Population: 12,108. Proportion of seniors: 36.40% Median 1-bed apt rent: $2,250. Median property buying cost: $717,900.
Nov 10, 2021 · 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. About Peterborough Located in central Ontario, Peterborough is a vibrant city situated on the Otonabee River.
Dec 30, 2021 · Ontario is a great place to call home because of its natural landscapes, connectivity through highways and rail systems, and multiculturalism. We’ve provided our list of the best cities to live in Ontario 2024.
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Jul 16, 2024 · Best Places to Live in Ontario. Here are the best places to live in Ontario, in no particular order. Whether it is a small town or a large city, there are a variety of places throughout Ontario that make good homes. 1. Windsor. Windsor is a booming city of about 342,000 people right on the border of Michigan.
