When life takes a turn, move on! That’s the motto of Diane and Bruce Young, who have embraced a number of new homes, over the past few decades, whenever their lives took a conventional turn.
As young parents, they lived in a large duplex in midtown Toronto, where Bruce worked in sales and Diane in fashion. When their daughter grew up and started working, they sold the house and moved up to their cottage on Georgian Bay, renting a small Toronto apartment in case work kept them in the city overnight. But the commute proved tiring so they sold the cottage, hightailed it back to Toronto and bought a luxury condo with a rooftop terrace near Old Mill. The couple’s life changed again seven years later as they began winding down their work. Longing for the water and some country air, they moved into a three-bedroom townhouse in Wasaga Beach, Ont.
Now, with the upkeep getting cumbersome and retirement on the doorstep, they’re dreaming of their next move to picturesque Collingwood, Ont., where they’ve just purchased a two-bedroom condo, that they’ll call home in a couple of years.
The self-described “condo people” say their new home at Monaco Condominiums ticked all their boxes — a mid-rise luxury building with a gym and terrace. But the biggest draw is that it’s situated in the heart of town so they can walk to shops, restaurants, medical professionals and the shores of Georgian Bay. And although they aren’t snow bunnies, there’s a shuttle to Blue Mountain ski resort so they can enjoy the scenery.
“We want to lock and walk,” says Diane, 72, who plans to travel more once they’ve moved in. “We want to make life simpler and have all the amenities. I want to live in a beautiful condo and in a beautiful little town. This seems to have it all!”
The Youngs are typical of today’s new brand of boomers. Whether retired at 50 or already collecting old-age pension, they’re an active bunch who are busy tackling their bucket lists with vigour. They may be working part-time or just living the life yet they’re realizing that the place they thought was their “forever home” no longer jives with their lifestyle.
Diane and Bruce Young are looking forward to life in Collingwood.
In fact, the latest Royal LePage Boomer Trends Survey reveals that 1.4 million people born between 1946 and 1964 across Canada are expected to sell and buy real estate over the next five years. In Ontario, almost half plan to move into a smaller home as they near or enter retirement, with 32 per cent willing to move more than an hour away from their current city.
Some, like the Youngs, are choosing condos near lakes, golf courses and charming villages, either as full-time digs or as a weekend retreat until they’re fully retired. Others have seen the kids move out (finally!) and are swapping the family home for an equally impressive condo in the neighbourhood. Still others are skedaddling to the suburbs to buy a smaller …read more
Source:: Nationalpost – News