10 Best Cities to Retire in Canada

7) Oakville, Ontario

Oakville is a humble southern suburb in Ontario with a close proximity to Toronto. There are approximately 183,000 residents in Oakville, and nearly 12% of inhabitants are over the age of 65 years old. The average home value in Oakville is currently at about $721,000. While real estate is seemingly higher than many other Canadian cities, the local attractions, diverse demographics, community events, and abundance of gourmet food make Oakville a very livable location for new retirees looking for quality homes and stable community values. Favored local activities include the enthusiastic Downtown Oakville Jazz Festival, the Oakville Waterfront Festival, Midnight Madness, the Oakville Family Ribfest, and the For the Love of the Arts Festival. Oakville residents express a great appreciation for live music and performance as well as a passion for golf and the Blue Devils soccer team.

8) Toronto, Ontario

For years, Toronto has been a Canadian city responsible for much of the world’s current musical trends in the alternative, indie rock, and pop genres. Located in Ontario, Toronto is a unique city overflowing with diversity, art, new age thought, and cultural appreciation. Over 5.5 million people reside in the Toronto metro area, and while the cost of living is fairly high, the city offers stunning architecture, top notch entertainment, quality healthcare, and a vast assortment of explorational opportunities. Retirement communities are generously scattered throughout the city and welcome retirees who want to relive their youth and experience life from a different angle. Summers are warm and bright while winters are cold yet still sunny with the occasional snow, and the waterfront positioning on Lake Ontario feeds the hunger for aquatic activities. There are several Toronto suburbs to consider, as well as the Toronto Islands, and each neighborhood or district has its own unique flair.