Retire in Toronto, Canada

Retire in Toronto

Last updated on Jan 04, 2023

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. The weather in Toronto is generally mild, with temperatures ranging from an average low of -2°F in January to an average high of 79°F in July. There are several retirement communities in Toronto, offering a range of amenities such as swimming pools, fitness centers, and social activities. The cost of a nice two-bedroom home in Toronto is typically around $500,000 USD, while a nice three-bedroom home can cost around $700,000 USD.

What is it like to retire in Toronto?

"Retiring in Toronto can be a great experience for those looking for an active and diverse city to live in. Toronto has something to offer for everyone, including world-class restaurants, entertainment, and cultural attractions, along with a variety of parks and green spaces. The city also boasts excellent public transportation, making it easy to get around. There are numerous opportunities for seniors to get involved in the community, including volunteering, classes, and other activities. The cost of living can be a bit high but there are a number of affordable housing options available. Also, Toronto is a safe and friendly city, with a strong sense of community," said one retiree in Toronto.

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About the Author

Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.