{ Create an Account }   { Login }   { Contact }

City life for empty nesters

 

As an empty nester, new housing options open up to you like never before.

And while some will stay in the suburbs right into old age, many will abandon their mega houses, mega lawns and mega bills for smaller, lower-maintenance digs in hip and trendy city neighbourhoods.

That trend appears to be well on its way. According to census data from Statistics Canada, the country’s metropolitan areas grew by almost eight per cent since the previous census.

While you may need to forfeit certain features such as space and property to live in the city, the benefits you gain more than outweigh your losses. Besides, when you think about all the time you spend on the maintenance and care of your sprawling suburban house and property, don’t you find yourself thinking surely there’s more to life than this?

The benefits to city living are vast and varied. You’ll be able to give up that second car as you walk your neighbourhood or turn to the comprehensive transportation grid offered by streetcars, buses and subways. Are you into obscure post-modern art? You’ll find it in Toronto. Maybe theatre is your thing? Again, your options are greater in the city. Do you get your kicks from social activism or delving into community causes? There are plenty to choose from in the city. Heck, if quieter pastimes such as bird watching or yoga in the park appeal, there are plenty of spaces in which to indulge your Zen side. If gastronomy is more your thing, there are literally thousands of restaurants, snack bars and coffee shops in which to taste the latest culinary craze or ethnic food trend.

The opportunities to be a part of your surroundings are virtually limitless. And if you’re still working, as many Canadians are postponing retirement, you’re probably closer to the office than you were in the ‘burbs. You may also be physically closer to your grown children, many of whom have recently launched their own careers in the city.

Condo living may be the perfect antidote to decades of high-maintenance suburban living. In Toronto and Vancouver there are plenty to choose from. But if condos strike you as too restrictive, small or fee-laden, there are numerous options available. Smaller bungalows, semi-detached homes and townhouses are perfect for the empty nester who wants outdoor space but less of it.

Change rarely comes easily. And moving to the city may take some adjustment after decades in the relative peace and quiet of the suburbs. But I’m guessing the odds are you won’t look back.

 

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Toronto Real Estate Board. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.