Choosing the right location is key. "Typically speaking, most downsizers move from a suburb of Toronto or a neighbourhood of Toronto to somewhere in the heart of the city," Jelinek says. The trend throughout the area is that "people from all walks of life want to be in the city now."
Wherever you live, health care should be top of mind, says sales representative Leslie Eto of Re/Max Ultimate Realty in Toronto. "Do you need to have access to specialty hospitals? A friend of mine lives in a small town and travels almost two hours by train into Toronto for her doctor appointments and treatments."
Feldman says she finds the location is often dictated by where adult children and grandchildren live. Possible future reliance on public transit is another consideration.
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