Condos vs. apartments in definition
A condominium may be simply defined as an "apartment" that a resident "owns". A condo takes part in a community, a piece of real estate individually owned yet including communal use of and access to common facilities.
What you get with a retirement condo vs. a seniors' apartment
Facilities that may be part of the condo agreement will include hallways, heating system, elevators and exterior areas, all executed under legal rights associated with individual ownership and controlled by an association of communal condo owners. Senior apartments are mainly of two broad types, retirement apartments in a building that may or may not be designated as 55 plus and a suite inside a retirement community, where there may be services provided including communal meals or healthcare, etc.
Condos vs. apartments: the social aspect
A condo or condominium offers investment potential but may not offer sufficient social contact. This also goes for an apartment in a regular building. In a retirement community with apartments or suites there is ample opportunity for social interaction. This is in fact what seniors find they love about moving into a retirement home, the social aspect of retirement communities.
Ownership is the big difference
A condo is similar to an apartment but what distinguishes them is the form of ownership. If you have a coop retirement condo, you own, together with other tenants, the whole building and a share of this common property belongs to you. In an apartment there is no ownership and your rent pays for a roof over your head but you get nothing more for your money. You do not get anything out of your investment, no equity is acquired and once you quit paying your rent all obligations between you and the owner are terminated. In other words, apartments are much like hotels, in that one company owns the entire building and all the units within are rented out. Every condo belongs to an individual or a company and can be purchased or sold.
Senior condos and retirement community apartments: the features
Most new condos have spacious tastefully decorated halls, security, billiard, gym, and perhaps a communal hall or other communal areas.
Apartments in big cities usually have a lot of amenities but nothing in comparison to what you might find in some of today's retirement communities, where there may be onsite golf greens, exercise areas, fine dining and more. These communities follow a philosophy that might be phrased "you only retire once."
Freedom vs. responsibility
Condos have lots of rules and regulations designed to maintain property values whereas apartments offer more freedom. Both Condos and apartments can offer freedom from chores outside your property. Those seniors who wish for an investment option may think of buying a condominium whereas an apartment is ideal for seniors who want complete independence.
There is a great variation in styles of condominiums, as well as a wide variety of prices from significantly lower than an apartment to much higher for luxury units. Most condos are fully furnished, but you can also find lightly to entirely unfurnished. Renting also gives you a lot more freedom than buying a property.
List of senior apartment buildings
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77 Dunfield Avenue, Toronto,
Ontario, M4S 2H3
The Dunfield Retirement Residence has established a new standard in senior retirement living in the Greater Toronto Area (GTA) with 177 spacious apartments. Where people come to LIVE!
10 Wildpine Court, Stittsville,
Ontario, K2S 1C6
At Wildpine, our staff ensure you get the highest level of care and service possible. We strive to provide the best service at the lowest prices, because money shouldn't stand in the way of worry free retirement!
2799 Yew Street, Vancouver,
British Columbia, V6K 4W2
A senior living community in Vancouver, BC offering luxurious seniors' apartments in an active community, along with assisted living and other options.
15 Summerland Terrace, Toronto,
Ontario, M9A 0B5
A uniquely luxurious retirement living complex in the heart of the Greater Toronto Area, Tapestry Village in Etobicoke lets seniors live as they please.
3338 Wesbrook Mall, Vancouver,
British Columbia, V6S 0A6
This beautiful Vancouver seniors' community offers a variety of private suites, along with community services including dining, wellness activities and more.
1620 Upper Wentworth St, Hamilton,
Ontario, L9B 2W3
The Village of Wentworth Heights is a full-service retirement living community offering retirement apartments, full-service suites, assisted living and memory care.
3800 Brock Sreet North, Whitby,
Ontario, L1R 3A5
The Village of Taunton Mills in Whitby presents several levels of service from seniors' apartments with meals to assisted living to long-term care.
4100 Upper Middle Road, Burlington,
Ontario, L7W 4W8
Elegant Burlington, Ontario retirement home including everything from the current long term care to new independent living suites, offering various seniors services.
2245 Lawrence Avenue West, Etobicoke,
Ontario, M9P 3W3
The Village of Humber Heights in Etobicoke offers different levels of service from independent apartments with meals to assisted living to long-term care.
32 Bayberry Drive, Guelph,
Ontario, N1G 0A2
Guelph retirement home offers Assisted Living and Alzheimer's Care, includes 24 hour onsite nursing staff and features its own Town Square.
2930 Erin Centre Boulevard, Mississauga,
Ontario, L5M 7M4
Mississauga's unique continuum of care concept featuring Independent Living Suites, Retirement Apartments, Full Service Suites with walk out patios, Assisted Care, Memory Care and Long Term Care.
60 Woodlawn Road East, Guelph,
Ontario, N1H 8M8
This elegant Guelph retirement home offers a range of care including assisted living and long term care, serviced by a friendly, caring staff.
695 Block Line Road, Kitchener,
Ontario, N2E 3K1
This elegant retirement residence in Kitchener-Waterloo offers a continuum of care from long-term care to assisted living to independent living seniors apartments.
Forestview Retirement Residence, Toronto,
Ontario, M2R 0A8
Forestview Retirement Residence is North York's newest seniors' residence, set to open in March of 2018, we will offer Full Service Lifestyles & Assisted Living (on as secure floor). Call to reserve your suite today!
4950 Pasqua Street, Regina,
Saskatchewan, S4S 7L2
At Wintergreene you'll discover a combination of independence, privacy, activities, health and wellness programs & friendly companionship to savour throughout your retirement.
4067 River Road, Niagara Falls,
Ontario, L2E 3E6
Enjoy the warmth & personal touch of a private residence combined with the services & amenities of an upscale all-inclusive resort. We Overlook the Niagara River & are located close to Niagara’s downtown tourist area.
820 Scollard Court, Mississauga,
Ontario, L5V 0A1
Stylish Mississauga retirement home offering independent, full-service and assisted living lifestyles, featuring a hair salon, onsite bistro and much more.
30 Seacliff Drive, Leamington,
Ontario, N8H 0E5
At Seacliff Manor, we provide a vibrant, supportive retirement lifestyle complete with restaurant style dining and social events and activities. Choose from independent living, assisted living, and memory care options.
13751 - 74th Avenue, Surrey,
British Columbia, V3W 1A8
Welcome to Arbourside Court, a retirement home in the heart of Surrey, BC. Proudly serving our senior residents since 2001. Many activities to enjoy and new friendships to be made, we are always bustling with laughter.
867 KLO Road, Kelowna,
British Columbia, V1Y 9G5
Living at Hawthorn Park Retirement Residence means you have choices & can customize the services you need, as you need them. We offer three lifestyle opportunities; supportive living, assisted living & complex care.
400 Ray Lawson Blvd., Brampton,
Ontario, L6Y 4G4
Southbrook is all about choice - the choice to do what you want, when you want. We celebrate independence but we are here to provide assistance whenever you need it. Southbrook....be a part of the family.
2881 Eglinton Avenue East, Scarborough,
Ontario, M1J 0A2
McCowan Retirement Residence is a vibrant and family oriented retirement home located in Scarborough. With team members who have been here since we opened in 2004, you can expect a warm welcome and a feeling of home.
8 & 10 Harbour Street West, Collingwood,
Ontario, L9Y 5B4
Balmoral Place offers a wide variety of programs, amenities and suite types to meet the needs of both independent residents as well as those individuals requiring additional assistance.
33 Hurontario Street, Mississauga,
Ontario, L5G 3G8
Port Credit Residence situated in the Mississauga area offers seniors a luxurious resort-inspired lifestyle. Enjoy an oversized pool, wellness centre, onsite physiotherapy, a movie theatre, library, spa/salon and more!
3136 Dundas Street West, Oakville,
Ontario, L6M 0S5
Palermo Village is a luxurious 6-storey condo style residence that offers you the opportunity to enjoy a vibrant & active social life, while our chefs and skilled health care team focuses on your nutrition & well being.
725 - 22nd Street, West Vancouver,
British Columbia, V7V 0B3
Westerleigh PARC offers refined retirement living in one of West Vancouver's most sought after addresses. Studio, 1- and 2-bedroom suites available.
175 North Front Street, Belleville,
Ontario, K8P 4Y8
The Richmond, combines an affordable lifestyle with comfort, security and friendly full service. You will feel a sense of warmth and know you are home the minute you walk in the door.
1238 Oakcrossing Road, London,
Ontario, N6H 0K2
Welcome to Oakcrossing Retirement Living, where we have a fresh perspective on senior living. Offering a large variety of studios, one- and two-bedroom suites with both retirement and assisted living services available.
2132 Dundas Street West, Mississauga,
Ontario, L5K 2K7
Located in the heart of Mississauga, The Erinview offers an atmosphere of worry-free, comfortable living with personalized support in the presence of good friends.
2604 Draper Avenue, Ottawa,
Ontario, K2H 9B1
Located in West Ottawa, this pet friendly community offers several suite styles, kitchens and balconies. Residents enjoy chef-prepared meals, 24/7 access to a nurse, a wellness program and a variety of activities and social events. Whether you're meeting friends for a drink in the bistro, or for a swim, you'll love the social life at The Redwoods.
275 Tartan Drive, Ottawa,
Ontario, K2J 0V2
Ottawa's newest all-inclusive retirement community simply includes more! From a saltwater pool to an incredible golf simulator, our impressive amenities are only matched by our commitment to exceptional care & service.
438 West King Edward Avenue, Vancouver,
British Columbia, V5Y2J4
438 West King Edward Avenue, Vancouver, British Columbia V5Y 2J4
Opal offers a full continuum of support from Independent Living, Assisted living all the way to Complex Care, allowing the opportunity for aging in place.
9700 Bathurst Street, Vaughan,
Ontario, L6A 4V2
Vaughan's premier all-inclusive rental retirement community! Enjoy bright, spacious suites, modern amenities, delicious dining, and a Team devoted to Making Today Great! for you and your family! Book your tour today!
1575 George St, White Rock,
British Columbia, V4B 0B6
At Oceana PARC, our residents thrive with access to physical and mental fitness programming, social activities, chef-prepared meals, transportation and more. Come discover why life is better at our new residence.
458 Donald B. Munro Drive, Carp,
Ontario, K0A 1L0
One visit to Carp Commons Retirement Village and you’ll see the difference in terms of amenities, food, services, programs, and the little touches that make it feel like home.
61 Fairfax Cresent, Scarborough,
Ontario, M1L 1Z7
At Presentation Manor you truly do have an opportunity to be yourself. Share a meal, join a reflection group or volunteer in the community, you’ll have the freedom to meet and interact with others as you please.
3630 Brown rd, west kelowna,
British Columbia, V4T7Y9
The Heritage Retirement Residence encompasses an active living & entertaining lifestyle with supportive & assisted living measures, Our highly skilled registered health care team will provide assistance when you need it.
7230 Acorn Avenue, Burnaby,
British Columbia, V5E 4N9
Mulberry PARC is a welcoming home and community in the heart of Burnaby, BC with the largest 1-bedroom and 2-bedroom retirement home suites available.
5351 Yonge Street, North York,
Ontario, M2N 7L5
Delmanor Northtown is an exceptional hotel-style retirement residence in the heart of North York that offers a variety of luxury amenities.
200 North Centre Road, London,
Ontario, N5X 0B1
A desirable retirement residence in London, Ontario, with 130 suites plus a variety of extensive amenities designed to provide the ultimate in retirement living.
11800 Lake Fraser Drive, Calgary,
Lake Bonavista Village Retirement Residence is the perfect place for seniors to retire. You can choose from a variety of suite sizes in the main building or one of our unique cottages.
111 Avenue Road, Toronto,
Ontario, M5R 3J8
Luxury and quality is in every corner of Hazelton from its lobby to its inviting Bistro & Bar. Offering amenities and services, Hazelton makes it easy for you to define and enjoy your lifestyle.
950 Centennial Drive, KINGSTON,
Ontario, K7M 0G8
Experience vibrant senior’s living - a world of choices, beautiful architecture, caring people and a diverse program of activities and services. Choose Kingsbridge Retirement Community. See how great life can be!
285030 Luther Rose Blvd NE, Calgary,
Alberta, T1X 1M9
Prince of Peace a variety of suites styles with kitchenettes and incredible mountain views. It's the perfect residence for seniors who are active, require some assistance, or have memory care needs.
1500 Steeles Avenue West, Thornhill,
Ontario, L4J 4H6
Four Elms is an elegant retirement residence, offering the finest in senior living. Choose a suite style that's right for you and enjoy an active lifestyle, fine dining and the company of good friends.
105 Queen Street, Bowmanville,
Ontario, L1C 0T3
Bowmanville Creek offers Independent and Assisted Living programs. Tastefully designed spacious accommodations include a variety of suites ranging from roomy studios to large two bedrooms.
1 Canterbury Place, North York,
Ontario, M2N 0G7
Canterbury Place offers a variety of suites styles in an elegant condo-like building for active adults & those needing assistance. We offer a unique healthcare program for our residents including palliative care.
1248 Mohawk Road, Ancaster,
Ontario, L9K 1P5
The number one retirement community in the Ancaster and Hamilton Area. The Meadowlands offers personal choice in living accommodations, dining, recreation, social and personal services. Make the most of your retirement years at The Meadowlands Retirement Residence.
40 Freel Lane, Stouffville,
Ontario, L4A 0P5
Stouffville Creek is 118 suite retirement residence, a short drive north of Toronto, is conveniently close to major highways and features a fitness centre and more amenities.
6440 Valley Way, Niagara Falls,
Ontario, L2E 7E3
This Niagara Falls retirement home features local activities and scenery in a luxury environment offering a comfortable lifestyle, care and peace of mind.
1460 Highway #2, Courtice,
Ontario, L1E 3C4
This award winning Oshawa retirement home is near parks and shopping, offering spacious seniors' suites and the option of assisted living care.
1 Sixteen Mile Drive, Oakville,
Ontario, L6M 1P3
1140 Bloor Street West, Toronto,
Ontario, M6H 4E6
From gracious dining to new suites and lounges, residents are enjoying the new management and upgrades found at 1140 Bloor Street West, in the Heart of Bloordale Village.
1 Roxborough Road, Newmarket,
Ontario, L3Y 2P8
You'll feel warmth as soon as you walk through the door. The Roxborough Retirement Residence is both elegant and cozy with a dedicated and caring staff that go above and beyond for your well-being and happiness.
600 Longworth Road, London,
Ontario, N6K 4X9
Voted London's Best Retirement Residence seven years running! We promote our passion for seniors living well by offering choices for an active, wellness focused lifestyle with the security of knowing help is at hand.
4088 Blundell Road, Richmond,
British Columbia, V7C 5V1
Like a condominium, you furnish your suite with the comforts from your home, including pets. At Gilmore Gardens, it's the people, residents and staff alike, that make this independent senior living community so special.
1880 Glengrove Road, Pickering,
Ontario, L1V 0C6
V!VA Pickering is Durham's premier all-inclusive rental retirement community! Enjoy large suites, great amenities, delicious dining, and a Team devoted to Making Today Great for you and your family! Book your tour today!
328 Dundas Street West, Napanee,
106 Crown Street, Trenton,
Ontario, K8V 6R3
Located on the east side of Trenton in a quiet neighbourhood. Enjoy beautiful suites of various sizes & layouts with advanced safety features. Elegant dining plus snacks & beverages included.
6419 Lumberman Way, Orleans,
Ontario, K1C 6E8
At this park-like setting, seniors are offered the choice between studio, 1 or 2 bedroom suites. Bring along pets while enjoying a variety of customizable options, including a varied menu and recreational programs.
3235 Skaha Lake Road, Penticton,
British Columbia, V2A 6G5
The Concorde has a warm and welcoming atmosphere with comfortable dining & excellent views of the mountains, along with extensive program activities; The Concorde is perfect for an active living & entertaining lifestyle.
5575 Bonnie Street, Mississauga,
Ontario, L5M 0N8
Mississauga's premier all-inclusive rental retirement community. Enjoy bright, spacious suites, modern amenities, delicious dining, and a Team devoted to Making Today Great! for you and your family! Book your tour today!
552 Holland St W, Bradford,
Ontario, L3Z 2H4
Located in the heart of a vibrant community, Holland Gardens is the perfect place to live, laugh and enjoy life. An exciting community offering a luxurious resort lifestyle, an ideal place for inspired senior living.
143 Byron Ave, Dorchester,
Ontario, N0L 1G5
Dorchester Terrace offers area seniors a variety of suite choices, wellness support services, medication administration, housekeeping services, physiotherapy and daily dining in an open restaurant-style dining room.
4180 Dundas Street West, Etobicoke,
Ontario, M8X 1X8
Situated in a treed ravine setting overlooking the Humber River, Delmanor Prince Edward provides vistas that vary from the serenity of the adjacent valley to the resplendence of the Toronto downtown skyline!
187 Wynford Drive, North York,
Ontario, M3C 0C7
A unique luxury retirement home in Toronto features extensive common areas, a rooftop putting green and a variety of other amenities catering to today's seniors.
30 Peel Centre Drive, Brampton,
Ontario, L6T 4G3
Enjoy the luxury of a new community with the conveniences of home, including 3 freshly prepared meals, medication management, 24 hour supervision and a variety of activities.
7051 Moffat Road, Richmond,
British Columbia, V6Y 3W2
Courtyard Gardens offers an enriching community, with quality staff & friendly & caring environment. 107 Private & Subsidized suites in Assisted Living, 31 Private Pay Extended Care studio suites & 1 Respite Suite.
1550 West 49th Avenue, Vancouver,
British Columbia, V6M 0B3
Located in Vancouver’s Kerrisdale neighbourhood, Granville Gardens offers residents the opportunity to stay active and live in a well-appointed urban community, surrounded by shopping centres, parks, community centres.
611 West 41st Avenue, Vancouver,
British Columbia, V5Z 0C7
Legacy Senior Living is Vancouver’s premier retirement community offering luxurious boutique-style retirement living for independent, active mature adults seeking an exceptional lifestyle in the heart of Oakridge.
1665 The Collegeway, Mississauga,
Ontario, L5L 0A9
Parkland is located at Mississauga and The Collegeway next to the Glenerin Inn. We are surrounded by beautiful green space. For the past 6 years we've been awarded one of the top 3 Retirement Communities in Mississauga.
4202 54 Ave,, Lloydminster,
Alberta, T9V 2Z3
At Dr. Hemstock Residence & Hearthstone Place, our highly-skilled group of health care professionals and qualified staff are here to do whatever we can to ensure that all your needs are taken care of.
1335 Benson St, Oshawa,
Ontario, L1K 0W6
Harmony Hill offers comfort, security, and friendship, as well as the full range of amenities and services that you expect from a premier, active-living community.
5781 Dunn Street, Niagara Falls,
Ontario, L2G 2N9
Cavendish Manor is within walking distance to the Majestic Niagara Falls, the vibrancy of which can be felt within the walls of our charming retirement home, where a friendly community of seniors live in harmony.
221 Milner Avenue, Scarborough,
Ontario, M1S 4P4
Sts. Peter and Paul Residence offers a modern, efficient, and self-sustaining seniors community operated by a professional and compassionate staff.
175 Rutledge Rd., Mississauga,
Ontario, L5M 0X7
Credit River is a 6-storey condo style residence, with an array of well-appointed suite styles to choose from and our highly-skilled health care professionals are available around the clock if you need them.
3633 Mount Seymour Pkwy, North Vancouver,
British Columbia, V7H 0A9
Located near Mt. Seymour in Vancouver's North Shore, Cedar Springs PARC offers retirement living within a beautiful natural environment. 1- and 2-bedroom suites available.
1145 Bridge Street, Manotick,
Ontario, K4M 0G8
Manotick Place is situated in the heart of picturesque Manotick right on the Rideau River. We are an ideal choice for individuals who wants to embrace all that life has to offer.
280 Government Street, Duncan,
British Columbia, V9L 0B5
At Sherwood House we offer active adult and independent retirement living, pet friendly, featuring delicious homemade meals, daily activities, weekly housekeeping in a secure environment in Duncan, BC on Vancouver Island
4151 Kilmer Drive, Burlington,
Ontario, L7M 5A9
135 West 15th Street, North Vancouver,
British Columbia, V7M 1R7
Summerhill PARC near the heart of Lonsdale and 15th Avenue in beautiful North Vancouver offers a highly social retirement community living experience. 1- and 2-bedroom suites available.
70 Bernard Avenue, Richmond Hill,
Ontario, L4C 0W7
Richmond Hill Retirement Residence offers full service including meals, housekeeping, active adult, independent and assisted living. Our focus is on maintaining good health, great food, new friends & lots of laughter!
1111 Glenmore Trail SW, Calgary,
Alberta, T2V 4C9
Trinity Lodge Retirement Residence combines the elegance & style of a fine traditional hotel, with the security & warmth associated with senior living. Homecare staff is available 24/7 to give you support when needed.
3131 8th Line, Bradford,
Ontario, L3Z 4H2
The Elden is now open, bringing a fresh approach to retirement living. This beautiful residence is tailored for the “young-at-heart” senior. In fact, we like to think of it as UN-Retirement Living.
2121 Kingston Road, Scarborough,
Ontario, M1N 1T5
Part of Scarborough history - located in the Bluffs/Beaches neighbourhood, where the White Castle Inn used to stand. Respite recovery, trial stays and winter retreats are all available, to help meet your wants and needs!
110 Rossignol Drive, Orleans,
Ontario, K4A 0N2
With so much to do nearby, it’s easy to forget why you might want to stay home, but with its exceptional dining, impeccable design, and fun activities, you’ll find Promenade has many attractions of its own!
15 Wellings Drive, Picton,
Ontario, K0K 2T0
The Wellings of Picton is a vibrant new community for adults 55+, in Prince Edward County. Offering 64,one bedroom plus den and two bedroom apartments with all appliances and outdoor balconies, pub, parking and dog park.
1459 Nottinghill Gate, Oakville,
Ontario, L6M 4W1
Delmanor Glen Abbey is an award winning Oakville retirement community with beautiful walking paths and outdoor amenities.
110 & 120 Central Park Dr, Ottawa,
Ontario, K2C 4G3
Whether you're looking for independent living, assisted living or memory care, you can access them all in one location at Park Place. We are a vibrant, social community surrounded by parks and close to many amenities.
3758 Sheppard Avenue East, Scarborough,
Ontario, M1T 3K9
Shepherd Terrace offers a variety of independent and assisted living suites within the renowned Shepherd Village. With its long history of providing caring service you’ll love the amenities and the excellent services.
80 Elgin Mills Road East, Richmond Hill,
Ontario, L4C 0L3
Award Winning Delmanor Elgin Mills, has proudly served the Richmond Hill community over the past 15 years.
148 Markham Road, Scarborough,
Ontario, M1M 2Z8
Scarborough Retirement Centre offers a variety of suites and apartments, with a library, pharmacy, seniors' centre, shopping, theatre and more nearby.
626 & 636 Prado Private, Ottawa,
Ontario, K2E 0B3
357 Yonge St, Barrie,
Ontario, L4N 4C9
Located on Yonge St. just minutes from downtown Barrie, you can be the first to choose the suite style that's right for you. Retire in a comfortable & supportive community with superior services & outstanding amenities.
480 Metcalfe Street, Ottawa,
Ontario, K1S 3N6
Residents can choose their choice of suites with views of the Rideau Canal and Pretoria Bridge. Elegant dining, spacious ballroom, an indoor swimming pool and care services to suite all of your needs. Pet friendly.
11479 Valley Ridge Drive NW, Calgary,
The Lodge at Valley Ridge is the perfect place for seniors to live, who want to maintain an active & entertaining lifestyle. Suites range from studios to 1 and 2 bedroom apartments with kitchenettes and balconies.
45 Metcalfe Street, St. Thomas,
Ontario, N5R 5Y1
Metcalfe Gardens Retirement Residence offers the perfect mix of old fashioned hospitality & an atmosphere that is full of excitement and vitality. Truly inspired senior living at its best, call to book a tour today!
25 Westhill Drive, Waterloo,
Ontario, N2T 0B6
The Westhill is an inviting atmosphere of new friends and great times, with personalized support services for better living. The Westhill is conveniently located in Waterloo, near The Boardwalk shopping area.
649 8th Avenue, New Westminster,
British Columbia, V3M 2R2
Thornebridge Gardens is one of New Westminster’s finest retirement residences, providing luxurious, worry-free surroundings with life enriching services that inspire healthy senior living. Many options are available!
118 Market Street, Hamilton,
Ontario, L8R 3P9
Condos may have more established and permanent inhabitants whereas apartments are likely more temporary. Most seniors who wish to buy a condo are happy with the decision since they gain equity every month. Apartment leasing, on the other hand, gives flexibility and freedom if one does not wish to continue staying there.