London Seniors Buildings
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What does it cost to live in a seniors building in London?
Seniors buildings in London are rental-only housing options for older adults, typically age 55 or older. Monthly rent depends on the location, unit size, and whether the property is market rent or part of a subsidized or affordable housing program. Some senior buildings operate on a co-operative model, while others are managed by private landlords or local housing authorities. These buildings generally do not include care services or meals, and residents are responsible for arranging any personal support, if needed.
Why do seniors buildings rents vary?
Rents vary based on whether the building is privately owned, municipally managed, or co-operative. Subsidized housing often uses a rent-geared-to-income (RGI) model, while market rent buildings charge based on local housing rates. Most units fall under Ontario’s Residential Tenancies Act, which outlines rules for rent increases and tenant rights. However, newer buildings or special housing models may be exempt from rent control guidelines.
Can I compare rental costs using your calculator?
The Senior Housing Cost Calculator is best suited to comparing your current living expenses to housing options like retirement homes, where services such as meals and housekeeping are often included, though care is billed separately. Since senior buildings are rental-only and do not offer bundled services, the calculator may not be a perfect fit. However, it can still be helpful if you're considering moving from home ownership to a rental and want to understand the financial shift.
90 Baseline Rd W, London ON, N6J 1V2
3030 Singleton Avenue, London ON, N6L0B6
570 Gainsborough Road, London ON, N6G4X2
75 Albert St, London ON, N6A 1L7
980 Huron St, London ON, N5Y 5L5
1961 Shore Road , London ON, N6K0K5
c/o Tilley Holmes Inc - 747 Hyde Park Rd, Suite 203, London ON, N6H 3S3
1 Andover Dr, London ON, N6J 4H2
430 William Street, London ON, N6B3N6
924 Oxford St E, London ON, N5Y 3J9
1299 Oxford St E, Unit 5C5, London ON, N5Y4W5
440 South Street, London ON, N6B3M8
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